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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...
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We exploit data from the China Household Finance Survey to examine the impact of changes in the minimum wage on employment and investment decisions. We are able to non-parametrically identify the average treatment effect on the treated via exogenous variation in the minimum wage across...
Persistent link: https://www.econbiz.de/10012416911
Economic conditions such as convexity, homogeneity, homotheticity, and monotonicity are all important assumptions or consequences of assumptions of economic functionals to be estimated. Recent research has seen a renewed interest in imposing constraints in nonparametric regression. We survey the...
Persistent link: https://www.econbiz.de/10012764071
This paper investigates how students' collegiate athletic participation affects their subsequent labor market success. By using newely developed techniques in nonparametric regression, it shows that on average former college athletes earn a wage premium. However, the premium is not uniform, but...
Persistent link: https://www.econbiz.de/10012779574
This paper investigates how students' collegiate athletic participation affects their subsequent labor market success. It uses newly developed distributional tests to establish that the wage distribution of former college athletes is significantly different from non-athletes and that athletic...
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