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We test potential social costs of educational inequality by analysing the influence of spatial and social segregation on educational achievements. In particular, based on recent PISA data sets from the UK and Germany, we investigate whether good neighbourhoods with a relatively high stock of...
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, such as preferences, technology and decision processes. We discuss sources of identification for the social multiplier as …
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, with both real and nominal frictions, and with sufficiently wide ranges for their parameterers. This identification …
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The paper develops a general framework for identification, estimation, and hypothesis testing in cointegrated systems …
Persistent link: https://www.econbiz.de/10005644493
The partial adjustment model for cigarette demand in Tansel (1993) is formulated as a restriction on the more general VAR model. The question whether the Tansel estimation results are spurious as claimed by Cameron and Collins (1998) is addressed in this framework. The role of intervention...
Persistent link: https://www.econbiz.de/10005225475
We develop a method that identifies the effects of nationwide policy, i.e., policy implemented across all regions at the same time. The core idea is to track outcome paths in terms of stages rather than time, where a stage of a regional outcome at time t is its location on the support of a...
Persistent link: https://www.econbiz.de/10015190837
Multivalued treatments are commonplace in applications. We explore the use of discrete-valued instruments to control for selection bias in this setting. Our discussion revolves around the concept of targeting: which instruments target which treatments. It allows us to establish conditions under...
Persistent link: https://www.econbiz.de/10015193977