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age group 16-75 years over the period 1981-90. All specifications are fit by maximum likelihood and provide readily …
Persistent link: https://www.econbiz.de/10005027326
likelihood. It considers specifically the estimation of stochastic frontier models but the same issue arises in many other models …. The model can be estimated for any single value of the time-index t by maximizing a likelihood that depends on the …, and except in the normal case none is "obviously" correct. The paper observes the well-known fact that maximizing a quasi-likelihood …
Persistent link: https://www.econbiz.de/10005130165
Persistent link: https://www.econbiz.de/10005603476
Our research addresses fundamental long-standing concerns in the compensating wage differentials literature and its public policy implications: the econometric properties of estimates of the value of statistical life (VSL) and the wide range of such estimates from about $0.5 million to about $21...
Persistent link: https://www.econbiz.de/10010277313
This paper reports the findings from a discrete choice experiment study designed to estimate the economic benefits associated with rural landscape improvements in Ireland. Using a mixed logit model, the panel nature of the dataset is exploited to retrieve willingness to payvalues for every...
Persistent link: https://www.econbiz.de/10009445110
Management of financial risks and sound decision making rely on the accurate information and predictive models. Drawing useful information efficiently from big data with complex structures and building accurate models are therefore crucial tasks. Most commonly used methods for statistical...
Persistent link: https://www.econbiz.de/10013201094
This paper reports the findings from a discrete choice experiment study designed to estimate the economic benefits associated with rural landscape improvements in Ireland. Using a mixed logit model, the panel nature of the dataset is exploited to retrieve willingness to pay values for every...
Persistent link: https://www.econbiz.de/10005476468
Fixed-effects models have become increasingly popular in social-science research. The possibility to control for unobserved heterogeneity makes these models a prime tool for causal analysis. Fixed-effects models have been derived and implemented for many statistical software packages for...
Persistent link: https://www.econbiz.de/10011105651
Before recent technological developments in telecom the use of available fixed line was limited to voice telecommunication only. At present the high frequencies on the subscriber line were used for high speed internet access. This Internet access technology is generally referred to as broadband....
Persistent link: https://www.econbiz.de/10011108792
The purpose of this study is to investigate the effects of IFRS adoption on MENA's emerging stock markets and to shed some light on the macro-economic determinants which have had an important influence on stock market development. The empirical study is conducted using a balanced panel data from...
Persistent link: https://www.econbiz.de/10010888518