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This paper introduces a panel GMM framework for identifying and estimating demand elasticities via heteroscedasticity. While existing panel estimators address the simultaneity problem, the state-ofthe-art Feenstra/Soderbery (F/S) estimator suffers from inconsistency, inefficiency, and lacks a...
Persistent link: https://www.econbiz.de/10015073836
In a seminal paper, Feenstra (1994) developed an instrumental variable estimator which is becoming increasingly popular for estimating demand elasticities. Soderbery (2015) extended this estimator and created a routine which was shown to be more robust to data outliers when the number of time...
Persistent link: https://www.econbiz.de/10012508683
Persistent link: https://www.econbiz.de/10013468600
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi-experimental variation in internet use. This paper helps fill this gap using plausibly exogenous roll-out of broadband infrastructure in Norway, and comprehensive data on recruiters,...
Persistent link: https://www.econbiz.de/10012843176
Persistent link: https://www.econbiz.de/10012213866
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi-experimental variation in internet use. This paper helps fill this gap using plausibly exogenous roll-out of broadband infrastructure in Norway, and comprehensive data on recruiters,...
Persistent link: https://www.econbiz.de/10012156373
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi-experimental variation in internet use. This paper helps fill this gap using plausibly exogenous roll-out of broadband infrastructure in Norway, and comprehensive data on recruiters,...
Persistent link: https://www.econbiz.de/10012158733
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi-experimental variation in internet use. This paper helps fill this gap using plausibly exogenous roll-out of broadband infrastructure in Norway, and comprehensive data on recruiters,...
Persistent link: https://www.econbiz.de/10012225927
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi-experimental variation in internet use. This paper helps fill this gap using plausibly exogenous roll-out of broadband infrastructure in Norway, and comprehensive data on recruiters,...
Persistent link: https://www.econbiz.de/10012136736
This paper studies how compositional changes among the unemployed and the matching efficiency in the labor market affects the matching process between establishments and job seekers in Norway. We use an aggregate matching function which takes into account dispersion across local labor markets,...
Persistent link: https://www.econbiz.de/10015393748