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This paper looks at potential implications emerging from including "shares" as a control variable in fixed effect estimations. By shares I refer to the ratio of a sum of units over another, such as the share of immigrants in a city or school. As will be shown in this paper, a logarithmic...
Persistent link: https://www.econbiz.de/10008564695
estimates that, spuriously, are statistically significant more often than they should. -- consistency ; Törnqvist index … ; symmetry ; spurious significance …
Persistent link: https://www.econbiz.de/10009006949
This paper looks at potential implications emerging from including “shares” as a control variable in fixed effect estimations. By shares we refer to the ratio of a sum of units over another, such as the share of immigrants in a city or school. As will be shown in this paper, a logarithmic...
Persistent link: https://www.econbiz.de/10008918482
Despite similar levels of per capita income, education, and technology the development of labour shares in OECD countries has displayed different patterns since 1960. The paper examines the role of demography in this regard. Employing an overlapping generations model we first examine the...
Persistent link: https://www.econbiz.de/10010269987
Despite similar levels of per capita income, education, and technology the development of labour shares in OECD countries has displayed different patterns since 1960. The paper examines the role of demography in this regard. Employing an overlapping generations model we first examine the...
Persistent link: https://www.econbiz.de/10003929142
Fundamental education is mainly provided by municipalities according to a decentralized model in which local management transforms resources transferred by the federal government into educational results that are centrally monitored. This mode of operation is conducive to the evaluation of...
Persistent link: https://www.econbiz.de/10011818882
Media plays a significant part of our lives and it has the power to provide us with ideas and/or some perspective on the selected topics. Terrorist attacks cause fear which is spread by media. The fact is that during the biggest “terrorist fever” in the Czech Republic between 2015–2016,...
Persistent link: https://www.econbiz.de/10012118701
Fundamental education is mainly provided by municipalities according to a decentralized model in which local management transforms resources transferred by the federal government into educational results that are centrally monitored. This mode of operation is conducive to the evaluation of...
Persistent link: https://www.econbiz.de/10011689149
Persistent link: https://www.econbiz.de/10005509988
Recent application of the switching regression model to allocate workers into the primary and secondary labor markets is considered to be the best solution to the classification problem of the empirical testing of the dual labor market theory. In such models, normality of the error terms is...
Persistent link: https://www.econbiz.de/10005166611