Narrow search
Showing 1 - 10 of 1,570
Cover Image
Inference on breakdown frontiers
Masteny, Matthew A.; Poirierz, Alexandre - 2017
A breakdown frontier is the boundary between the set of assumptions which lead to a specific conclusion and those which do not. In a potential outcomes model with a binary treatment, we consider two conclusions: First, that ATE is at least a specific value (e.g., nonnegative) and second that the...
Persistent link: https://www.econbiz.de/10011645504
Cover Image
Production Function Estimation : Biased Coefficients and Endogenous Regressors, or a Case of Collective Amnesia?
Felipe, Jesus; McCombie, John S. L.; Mehta, Aashish; … - 2021
The possible endogeneity of labor and capital in production functions, and the consequent bias of the estimated elasticities, has been discussed and addressed in the literature in different ways since the 1940s. This paper revisits an argument first outlined in the 1950s, which questioned...
Persistent link: https://www.econbiz.de/10013225787
Cover Image
Production Function Estimation : Biased Coefficients and Endogenous Regressors, or a Case of Collective Amnesia?
Felipe, Jesus; McCombie, John S. L.; Mehta, Aashish; … - 2021
The possible endogeneity of labor and capital in production functions, and the consequent bias of the estimated elasticities, has been discussed and addressed in the literature in different ways since the 1940s. This paper revisits an argument first outlined in the 1950s, which questioned...
Persistent link: https://www.econbiz.de/10013323109
Cover Image
Production function estimation: biased coefficients and endogenous regressors, or a case of collective amnesia?
Felipe, Jesus; McCombie, John S. L.; Mehta, Aashish; … - 2021
The possible endogeneity of labor and capital in production functions, and the consequent bias of the estimated elasticities, has been discussed and addressed in the literature in different ways since the 1940s. This paper revisits an argument first outlined in the 1950s, which questioned...
Persistent link: https://www.econbiz.de/10012655173
Cover Image
Incorporating Micro Data into Differentiated Products Demand Estimation with PyBLP
Conlon, Christopher; Gortmaker, Jeff - National Bureau of Economic Research - 2023
We provide a general framework for incorporating many types of micro data from summary statistics to full surveys of selected consumers into Berry, Levinsohn, and Pakes (1995)-style estimates of differentiated products demand systems. We extend best practices for BLP estimation in Conlon and...
Persistent link: https://www.econbiz.de/10014337838
Cover Image
Bootstrap Diagnostics for Irregular Estimators
Andrews, Isaiah; Shapiro, Jesse M. - National Bureau of Economic Research - 2024
Empirical researchers frequently rely on normal approximations in order to summarize and communicate uncertainty about their findings to their scientific audience. When such approximations are unreliable, they can lead the audience to make misguided decisions. We propose to measure the failure...
Persistent link: https://www.econbiz.de/10014468238
Cover Image
Inference on breakdown frontiers
Masten, Matthew A.; Poirier, Alexandre - In: Quantitative economics : QE ; journal of the … 11 (2020) 1, pp. 41-111
Given a set of baseline assumptions, a breakdown frontier is the boundary between the set of assumptions which lead to a specific conclusion and those which do not. In a potential outcomes model with a binary treatment, we consider two conclusions: First, that ATE is at least a specific value...
Persistent link: https://www.econbiz.de/10012202176
Cover Image
Confidence intervals for recursive journal impact factors
König, Johannes; Stern, David I.; Tol, Richard S. J. - 2022
journals. The Quarterly Journal of Economics is clearly the journal with greatest impact, the confidence interval for its rank … prestigious than others, as well as for the associated ranks of journals, applying the methods to the population of economics … Journal of Finance, while the Xie et al. (2009), and Mogstad et al. (2022) methods generally broaden estimated confidence …
Persistent link: https://www.econbiz.de/10013255633
Cover Image
Confidence intervals for recursive journal impact factors
König, Johannes; Stern, David I.; Tol, Richard S. J. - 2022
journals. The Quarterly Journal of Economics is clearly the journal with greatest impact, the confidence interval for its rank … prestigious than others, as well as for the associated ranks of journals, applying the methods to the population of economics … Journal of Finance, while the Xie et al. (2009), and Mogstad et al. (2022) methods generally broaden estimated confidence …
Persistent link: https://www.econbiz.de/10013256432
Cover Image
Robust Bayesian Analysis for Econometrics
Giacomini, Raffaella; Kitagawa, Toru; Read, Matthew - 2021
We review the literature on robust Bayesian analysis as a tool for global sensitivity analysis and for statistical decision-making under ambiguity. We discuss the methods proposed in the literature, including the different ways of constructing the set of priors that are the key input of the...
Persistent link: https://www.econbiz.de/10014048660