We propose a new rank-based test for the number of common primitive shocks, q, in large panel data. After estimating a VAR(1) model on r static factors extracted by principal component analysis, we estimate the number of common primitive shocks by testing the rank of the VAR residuals'...

This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...

Die Bildungsreformen der sechziger Jahre sollten das Bildungsniveau der Westdeutschen anheben. Die Analyse der Daten des Mikrozensus weist darauf hin, dass die durch die Bildungsreformen intendierte Bildungsexpansion schon vor 1960 begonnen hat. Mit dem Conditional Mean Independence Ansatz...