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This paper studies the identifying power of conditional quantile restrictions in short panels with fixed effects. In contrast to classical fixed effects models with conditional mean restrictions, conditional quantile restrictions are not preserved by taking differences in the regression equation...
Persistent link: https://www.econbiz.de/10010597565
Firms often have imperfect information about demand for their products. We develop an integrated econometric and theoretical framework to model firm demand assessment and subsequent pricing decisions with limited information. We introduce a panel data discrete choice model whose realistic...
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We study identification in a binary choice panel data model with a single predetermined binary covariate (i.e., a covariate sequentially exogenous conditional on lagged outcomes and covariates). The choice model is indexed by a scalar parameter 0, whereas the distribution of unit-specific...
Persistent link: https://www.econbiz.de/10014462251
Like any other company, life insurance companies maintain a combination of debt and equity for their long-term financing, which forms their capital structure. Many theories have been developed in the literature to focus upon the determinants that are likely to affect leverage decisions of the...
Persistent link: https://www.econbiz.de/10009429393
Panel data on intimate relationships are becoming increasingly available, enabling a closer examination and deeper understanding of why and how they develop over time. The aim of this review is to illustrate to what extent demographic research has made progress in understanding the dynamics of...
Persistent link: https://www.econbiz.de/10015189862
We aim to give an overview of the state of the art of causal analysis of demographic issues related to morbidity and mortality. We will systematically introduce strategies to identify causal mechanisms, which are inherently linked to panel data from observational surveys and population...
Persistent link: https://www.econbiz.de/10015189870
Many contemporary studies find that married couples are more satisfied with life than unmarried people. However, whether marriage makes people more satisfied with life or whether more satisfied couples are more likely to marry remains a debated question. We reassess this relationship with panel...
Persistent link: https://www.econbiz.de/10015189886