Narrow search
Showing 1 - 10 of 1,471
Cover Image
Heterogeneity, uncertainty and learning : semiparametric identification and estimation
Bunting, Jackson; Diegert, Paul; Maurel, Arnaud - 2025
We provide identification results for a broad class of learning models in which continuous outcomes depend on three … estimator exhibits good finite-sample properties. Finally, we illustrate our approach with an application to ability learning in … the context of occupational choice. Our results point to substantial ability learning based on realized wages. …
Persistent link: https://www.econbiz.de/10015417780
Cover Image
Nonparametric Bounds on the Returns to Language Skills
González, Libertad - 2004
This paper applies the theoretical literature on nonparametric bounds on treatment effects to the estimation of how limited English proficiency (LEP) affects wages and employment opportunities for Hispanic workers in the United States. I analyze the identifying power of several weak assumptions...
Persistent link: https://www.econbiz.de/10010273994
Cover Image
An Introduction to Nonparametric Regression for Labor Economists
Henderson, Daniel J. - 2018
In this article we overview nonparametric (spline and kernel) regression methods and illustrate how they may be used in labor economic applications. We focus our attention on issues commonly found in the labor literature such as how to account for endogeneity via instrumental variables in a...
Persistent link: https://www.econbiz.de/10012907832
Cover Image
Estimating regional differences in returns to education when schooling and location are determined endogenously
Suhonen, Tuomo; Pehkonen, Jaakko; Tervo, Hannu - 2010
While the growing supply of university skills is known to have agglomerated towards the large centers in Finland, there is no research knowledge available on the development of regional demands. This paper attempts to fill this gap by analyzing regional variation in the private-sector return to...
Persistent link: https://www.econbiz.de/10011570009
Cover Image
Nonparametric Bounds on the Returns to Language Skills
González, Libertad - 2021
This paper applies the theoretical literature on nonparametric bounds on treatment effects to the estimation of how limited English proficiency (LEP) affects wages and employment opportunities for Hispanic workers in the United States. I analyze the identifying power of several weak assumptions...
Persistent link: https://www.econbiz.de/10013319375
Cover Image
An introduction to nonparametric regression for labor economists
Henderson, Daniel J.; Souto, Anne-Charlotte - 2018
In this article we overview nonparametric (spline and kernel) regression methods and illustrate how they may be used in labor economic applications. We focus our attention on issues commonly found in the labor literature such as how to account for endogeneity via instrumental variables in a...
Persistent link: https://www.econbiz.de/10011946249
Cover Image
Partial linear quantile regression and bootstrap confidence bands
Härdle, Wolfgang Karl; Ritov, Ya'acov; Song, Song - 2010
In this paper uniform confidence bands are constructed for nonparametric quantile estimates of regression functions. The method is based on the bootstrap, where resampling is done from a suitably estimated empirical density function (edf) for residuals. It is known that the approximation error...
Persistent link: https://www.econbiz.de/10010270724
Cover Image
Uniform confidence bands for pricing kernels
Härdle, Wolfgang Karl; Okhrin, Yarema; Wang, Weining - 2010
Pricing kernels implicit in option prices play a key role in assessing the risk aversion over equity returns. We deal with nonparametric estimation of the pricing kernel (Empirical Pricing Kernel) given by the ratio of the risk-neutral density estimator and the subjective density estimator. The...
Persistent link: https://www.econbiz.de/10010270732
Cover Image
Mean volatility regressions
Lin, Lu; Li, Feng; Zhu, Lixing; Härdle, Wolfgang Karl - 2010
Motivated by increment process modeling for two correlated random and non-random systems from a discrete-time asset pricing with both risk free asset and risky security, we propose a class of semiparametric regressions for a combination of a non-random and a random system. Unlike classical...
Persistent link: https://www.econbiz.de/10010281538
Cover Image
Local quantile regression
Härdle, Wolfgang Karl; Spokoiny, Vladimir; Wang, Weining - 2010
Conditional quantile curves provide a comprehensive picture of a response contingent on explanatory variables. Quantile regression is a technique to estimate such curves. In a flexible modeling framework, a specific form of the quantile is not a priori fixed. Indeed, the majority of applications...
Persistent link: https://www.econbiz.de/10010281556