Showing 1 - 10 of 12
This paper makes three contributions. First, it uses copula functions to obtain a flexible bivariate parametric model for nonnegative integer-valued data (counts). Second, it recovers the distribution of the difference in the two counts from a specifed bivariate count distribution. Third, the...
Persistent link: https://www.econbiz.de/10010263240
Many econometric analyses have attempted to model medal winnings as dependent on per capita GDP and population size. This approach ignores the size and composition of the team of athletes, especially the role of female participation and the role of sports culture, and also provides an inadequate...
Persistent link: https://www.econbiz.de/10011755266
This paper reviews some key contributions to econometric analysis of human fertility in the last 20 years, with special focus on discussion of prevailing econometric modeling strategies. We focus on the literature that highlights the role of the key drivers of the birth outcomes, including age...
Persistent link: https://www.econbiz.de/10012228198
This paper reviews some key contributions to econometric analysis of human fertility in the last 20 years, with special focus on discussion of prevailing econometric modeling strategies. We focus on the literature that highlights the role of the key drivers of the birth outcomes, including age...
Persistent link: https://www.econbiz.de/10012270035
Motivated by several interesting features of the highway mowing auction data from Texas Department of Transportation (TDoT), we propose a two-stage procurement auction model with endogenous entry and uncertain number of actual bidders. Our entry and bidding models pro vide several interesting...
Persistent link: https://www.econbiz.de/10010318447
This paper proposes a formal model selection test for choosing between two competing structural econometric models. The procedure is based on a novel lack-of-fit criterion, namely, the simulated mean squared error of predictions (SMSEP), taking into account the complexity of structural...
Persistent link: https://www.econbiz.de/10010318558
This paper considers nonparametric identification of a two-stage entry and bidding model for auctions which we call the Affiliated-Signal (AS) model. This model assumes that potential bidders have private values, observe imperfect signals of their true values prior to entry, and choose whether...
Persistent link: https://www.econbiz.de/10010318683
Leveraging the sharp changes in environmental regulation embedded in China's 11th Five-Year Plan (FYP), which covered the period from 2006 to 2010, we characterize the degree to which the plan softens trade-offs between emissions and output. We document that the 11th FYP is associated with...
Persistent link: https://www.econbiz.de/10014544509
We study identification and estimation in first-price auctions with risk-averse bidders and selective entry, building on a flexible entry and bidding framework we call the Affiliated Signal with Risk Aversion (AS-RA) model. This framework extends the AS model of Gentry and Li (2014) to...
Persistent link: https://www.econbiz.de/10011445723
This paper considers identification and estimation of the Quantile Treatment Effect on the Treated (QTT) under a straightforward distributional extension of the most commonly invoked Mean Difference in Differences Assumption used for identifying the Average Treatment Effect on the Treated (ATT)....
Persistent link: https://www.econbiz.de/10012215405