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Studies of the joint time-use decisions of spouses have relied on joint estimation of time-use equations, sometimes assuming correlated errors across spouses' equations and sometimes directly examining the effects of one spouse's time use on another's, relying on panel data or instrumental...
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Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
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In this paper we provide an applied example for calculating the so-called effects estimates of LeSage and Pace (2009) for partitions of the impacts over space. While the partitioning of the impacts by orders of neighbors over space for the spatial autoregressive (SAR) model is a relatively...
Persistent link: https://www.econbiz.de/10010778449
The authors employ spatial econometric techniques and Annual Averages data from the U.S. Bureau of Labor Statistics for 1990-2004 to examine how changes in the minimum wage affect teen employment. Spatial econometric techniques account for the fact that employment is correlated across states....
Persistent link: https://www.econbiz.de/10010778456
In this paper we provide an applied example for calculating the so-called effects estimates of LeSage and Pace (2009) for partitions of the impacts over space. While the partitioning of the impacts by orders of neighbors over space for the spatial autoregressive (SAR) model is a relatively...
Persistent link: https://www.econbiz.de/10010929338
The authors employ spatial econometric techniques and Annual Averages data from the U.S. Bureau of Labor Statistics for 1990-2004 to examine how changes in the minimum wage affect teen employment. Spatial econometric techniques account for the fact that employment is correlated across states....
Persistent link: https://www.econbiz.de/10010929359