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In this paper R2-type measures of the explanatory power of multivariate linear and categorical probit models proposed in the literature are reviewed and their deficiencies are discussed. It is argued that a measure of the explanatory power should take into account the components which are...
Persistent link: https://www.econbiz.de/10004963825
This paper analyzes tobacco demand within a discrete choice framework. Using binomial and multinomial logit models with random effects, and an unbalanced panel data set of Norwegian households over a twenty year period, we first consider the decisions a) whether to smoke or not, and b) given the...
Persistent link: https://www.econbiz.de/10004980727
We propose a generalized estimating equations approach to the analysis of the mean and the covariance structure of a bivariate time series process of panel data with mixed continuous and discrete dependent variables. The approach is used to jointly analyze wage dynamics and the incidence of...
Persistent link: https://www.econbiz.de/10005068845
We model the dynamics of social assistance benefit receipt in Britain using data from the British Household Panel Survey, waves 1-15. First, we discuss definitions of social assistance benefit receipt, and present information about the trends between 1991 and 2005 in the receipt of social...
Persistent link: https://www.econbiz.de/10005069090
This study analyzes the mobility between three labor market states: working in low paid jobs, working in higher paid jobs and not working. Using German panel data I estimate dynamic multinomial logit panel data models with random effects taking the initial conditions problem and potential...
Persistent link: https://www.econbiz.de/10005069104
partner. Due to survivor pensions, married insurants benefit from higher IRR as compared to the non-married. Interestingly …
Persistent link: https://www.econbiz.de/10008645019
To counteract the financial pressure emerging in aging societies, statutory pay-as-you-go pension schemes are undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension deductions for early retirement. This paper examines the...
Persistent link: https://www.econbiz.de/10011128863
savings. Is saving behaviour in EU-accession countries now driven by the same forces as it is in market economies? We use a …
Persistent link: https://www.econbiz.de/10005068851
This paper presents evidence on household savings in urban regions of the Chinese provinces Sichuan and Liaoning based … and 1989. The high inflation rates gave the households strong motives to switch from financial savings to purchase of … on the relative importance of savings by lower, middle and upper income groups for single-child families and for all …
Persistent link: https://www.econbiz.de/10004980542
This paper investigates the causal impact of displacement on health outcomes for Colombian children of different age cohorts. It uses the Colombian Demographic and Health Survey 2010, which provides both a number of health outcomes and information about displacement of households. Two different...
Persistent link: https://www.econbiz.de/10010937931