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In this paper, the authors develop a new estimation method that is suitable for censored models with two high-dimensional fixed effects and that is based on a sequence of least squares regressions, yielding significant savings in computing time and hence making it applicable to frameworks in...
Persistent link: https://www.econbiz.de/10010373786
. Simulation methods have been developed to approximate a solution for these integrals. This paper describes the Standard Halton … sequence and a modification of it, the Shuffled Halton sequence. Both are simulation methods which can reduce computational … effort compared to a random sequence. We compare the simulation methods in their coverage of the multi-dimensional area and …
Persistent link: https://www.econbiz.de/10011342045
improvedimputation strategies. In a simulation study the authors compare six combinations of cross-sectional and longitudinal imputation … strategies for German wealth panel data. The authors create simulation data sets by blanking out observed data points: they …
Persistent link: https://www.econbiz.de/10011342931
Persistent link: https://www.econbiz.de/10015083772
The electricity grid includes multiple network areas managed by different operators, with transmission system operators (TSOs) handling high-voltage areas and distribution system operators managing midto low-voltage areas. These areas are interconnected and synchronized, creating classical...
Persistent link: https://www.econbiz.de/10014584657
In der Dissertation werden die Gesetze zur Reform des Arbeitsmarktes in Deutschland, besser bekannt als Hartz-Reformen, untersucht. Zunächst wird ein Überblick über die wichtigsten Änderungen aus den vier Reform-Paketen gegeben sowie die Effekte, welche man sich davon versprach. Des Weiteren...
Persistent link: https://www.econbiz.de/10009433702
Drawing on household data from Germany, this study econometrically analyzes the determinants of automobile ownership, focusing specifically on the extent to which decreases in family size translate into changes in the number of cars at the national level. Beyond modeling several variables over...
Persistent link: https://www.econbiz.de/10011480743
The paper presents the German block of the ESCB multi-country model. It builds on previous modelling work on the Area Wide Model and other country blocks of the ESCB multicountry-model. Whilst being analogous to these models in following a common modelling approach and the same theoretical...
Persistent link: https://www.econbiz.de/10011604700
Drawing on household data from Germany, this study econometrically analyzes the determinants of automobile ownership, focusing specifically on the extent to which decreases in family size translate into fewer cars at the national level. Beyond identifying several variables over which policy...
Persistent link: https://www.econbiz.de/10010289832
The creation of a simulated office environment in West German commercial colleges is described. Its methods of operation, reasons for its introduction and why it has survived where other, similar innovations failed to catch on, are examined. Graduates of the process seem to find jobs sooner and...
Persistent link: https://www.econbiz.de/10014755711