Showing 1 - 10 of 247,117
Persistent link: https://www.econbiz.de/10011764320
An attendance model is specified for the Canadian Hockey League (CHL), the top level of junior hockey in Canada with … some teams located in the United States. The natural log of attendance is used as the dependent variable, with explanatory … variables consisting of the timing of the game, team performance characteristics, uncertainty of outcome measures, and weather …
Persistent link: https://www.econbiz.de/10012038517
Rainfall is a truly exogeneous variable and hence popular as an instrument for many outcomes. But by its very nature …, rainfall in nearby areas tends to be correlated. I show theoretically that if there are also spatial trends in outcomes of …
Persistent link: https://www.econbiz.de/10010528337
This article studies the role of rainfall in determining the education composition of Mexico-US migration. Emphasizing … the relationship between rainfall and migration costs, a revised Roy model indicates that rainfall affects selection on … with a higher vertex when rainfall decreases, suggesting higher migration costs and reinforced self-selection patterns. The …
Persistent link: https://www.econbiz.de/10012415892
We study implications of habit formation for optimal taxation. First, we show that taxation problems with habit formation can be analyzed using dynamic programming techniques. Second, we derive optimal labor and savings wedges for habit formation preferences. We show that habit formation...
Persistent link: https://www.econbiz.de/10010229853
We study the general equilibrium properties of two growth models with overlapping generations, habit formation and endogenous fertility. In the neoclassical model, habits modify the economy's growth rate and generate transitional dynamics in fertility; station- ary income per capita is...
Persistent link: https://www.econbiz.de/10003761255
The model of time-inconsistent procrastination by O'Donoughe and Rabin shows that individuals who are not aware of their present-bias (nai͏̈ve) procrastinate more than individuals who are aware of it (sophisticated) or are not present-biased (time-consistent). This paper tests this prediction....
Persistent link: https://www.econbiz.de/10011648423
We conduct a narrow replication of Browning and Collado (Journal of Applied Econometrics 2007; 22(3): 625-640). They estimate a linear panel AR(1) version of an Engel curve for six consumption composites using iterated GMM. We find that the coefficient estimates and standard errors differ from the...
Persistent link: https://www.econbiz.de/10012104758
Persistent link: https://www.econbiz.de/10012607903
Persistent link: https://www.econbiz.de/10015130242