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Economic theory rarely provides a parametric specification for a model, but it often provides shape restrictions. We consider nonparametric estimation of the heterogeneous demand for gasoline in the U.S. subject to the Slutsky inequality restriction of consumer choice theory. We derive...
Persistent link: https://www.econbiz.de/10010827544
This paper develops a new method for estimating the demand function for gasoline and the deadweight loss due to an increase in the gasoline tax. The method is also applicable to other goods. The method uses shape restrictions derived from economic theory to improve the precision of a...
Persistent link: https://www.econbiz.de/10005037551
<p><p>This paper develops a new method for estimating a demand function and the welfare consequences of price changes. The method is applied to gasoline demand in the U.S. and is applicable to other goods. The method uses shape restrictions derived from economic theory to improve the precision of a...</p></p>
Persistent link: https://www.econbiz.de/10009210903
Persistent link: https://www.econbiz.de/10010681531
This paper is concerned with inference about a function g that is identified by a conditional moment restriction involving instrumental variables. The function is nonparametric. It satisfies mild regularity conditions but is otherwise unknown. The paper presents test of the hypothesis that g is...
Persistent link: https://www.econbiz.de/10005509559
We study the intergenerational effects of maternal education on children's cognitive achievement, behavioural problems, grade repetition and obesity. We address endogeneity of maternal schooling by instrumenting with variation in schooling costs when the mother grew up. Using matched data from...
Persistent link: https://www.econbiz.de/10005498098
We investigate the e¤ect of studying abroad on international labor market mobility later in life for German university graduates. As a source of identifying variation, we exploit the introduction and expansion of the ERASMUS student exchange program, which significantly increases a student's...
Persistent link: https://www.econbiz.de/10011071159
We study the intergenerational effects of maternal education on children's cognitive achievement, behavioral problems, grade repetition and obesity. We address endogeneity of maternal schooling by instrumenting with variation in schooling costs when the mother grew up. Using matched data from...
Persistent link: https://www.econbiz.de/10005763804
We investigate the e¤ect of studying abroad on international labor market mobility later in life for German university graduates. As a source of identifying variation, we exploit the introduction and expansion of the ERASMUS student exchange program, which significantly increases a student's...
Persistent link: https://www.econbiz.de/10005017228
There is a striking increase in inequality in children's home environments over the last 50 years (McLanahan, 2004). These are measured as differences in age of mothers of young children (below 5), maternal employment, single motherhood, divorce during the first 10 years of marriage, father's...
Persistent link: https://www.econbiz.de/10005727651