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We develop a new method to sample from posterior distributions in hierarchical models without using Markov chain Monte Carlo. This method, which is a variant of importance sampling ideas, is generally applicable to high-dimensional models involving large data sets. Samples are independent, so...
Persistent link: https://www.econbiz.de/10010195102
Using administrative records data and survey data to enhance each other offers huge potential for scientific and policy-related research. Two recent changes have expanded the potential for creating such linked data: the improved availability of data sources and progress in data-matching...
Persistent link: https://www.econbiz.de/10011433837
This report provides a review of recent firm-level and plant-level surveys containing questions on environmental policies, innovation practices or performance which are relevant for environmental policy analysis and assessment. We specifically focus on the core element that relates environmental...
Persistent link: https://www.econbiz.de/10011588341
The last decade has seen a sustained surge of interest in measures of subjective well-being on the part of economists and other social scientists. The vast majority of the academic literature on subjective well-being focuses on measures of life evaluation, as does most discussion of how measures...
Persistent link: https://www.econbiz.de/10011734736
This policy paper sheds light on current trends in development co-operation for data and statistical systems in developing countries. It analyses trends in funding through official development assistance as well as strategic priorities and modalities for providing support. It identifies...
Persistent link: https://www.econbiz.de/10012452800
This paper investigates the finding that reported life satisfaction scores are significantly higher in the German Socio-Economic Panel when a third person is present during the interview. Even after controlling a variety of relevant factors, third person presence makes up a significant...
Persistent link: https://www.econbiz.de/10010883620
Nel lavoro argomentiamo che le conoscenze sulle imprese familiari sono del tutto inadeguate rispetto alla dimensione che il fenomeno riveste in Italia. Infatti, i pur imprecisi confronti tra Paesi europei rivelano che le imprese familiari avrebbero il massimo peso nel sistema produttivo...
Persistent link: https://www.econbiz.de/10010943266
The characteristic of long value chain, high-risk, high cost of research and development are belong to high knowledge based content in the biotech medical industry, and the reliability of biotechnology industry's financial statements and the earnings management behavior conducted by the...
Persistent link: https://www.econbiz.de/10011208946
Trust in policy makers fluctuates significantly over the cycle and affects the transmission mechanism. Despite this it is absent from the literature. We build a monetary model embedding trust cycles; the latter emerge as an equilibrium phenomenon of a game-theoretic interaction between atomistic...
Persistent link: https://www.econbiz.de/10011252623
We examine learning, model misspecification, and robust policy responses to misspecification in a quasi-real-time environment. The laboratory for the analysis is the Sargent (1999) explanation for the origins of inflation in the 1970's and the subsequent disinflation. Three robust policy rules...
Persistent link: https://www.econbiz.de/10005085540