Showing 1 - 10 of 106
In this paper we consider the problem of making inference on a structural parameter in instrumental variables regression when the instruments are only weakly correlated with the endogenous explanatory variables. Adopting a local-to-zero assumption as in Staiger and Stock (1994) on the...
Persistent link: https://www.econbiz.de/10005556384
Persistent link: https://www.econbiz.de/10005556394
This paper estimates the effects of trade integration between China and Mercosur on employment. The case of Argentina, in particular, is investigated. Highly disaggregated data at the industry level is used for the first time to estimate labor demand elasticities in order to estimate the effects...
Persistent link: https://www.econbiz.de/10005408025
In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes redistributive taxation to maintain political support. The...
Persistent link: https://www.econbiz.de/10005412490
This paper estimates the potential effects of a free trade agreement (FTA) between China and Mercosur on poverty … likely effects of an FTA with China on poverty and income distribution. We find that the FTA would result in a small … reduction in poverty as well as an improvement in the income distribution. Highly disaggregated data at the industry level is …
Persistent link: https://www.econbiz.de/10005062638
different results in absolute terms, we show that potential differences in the measurement of distributional and poverty effects … terms of their implications for measuring the poverty and distributional effects of poverty reduction strategies. These …
Persistent link: https://www.econbiz.de/10005118762
It has been noted that failure to meet the target set by government for reducing the head count ratio of child poverty … argument that absolute poverty is not a meaningful idea, this apology for the failure of government to meet poverty targets …
Persistent link: https://www.econbiz.de/10005134612
Persistent link: https://www.econbiz.de/10005407983
We investigate confidence intervals and inference for the instrumental variables model with weak instruments. Wald-based confidence intervals perform poorly in that the probability they reject the null is far greater than their nominal size. In the worst case, Wald-based confidence intervals...
Persistent link: https://www.econbiz.de/10005407967
parameters in this model remain unknown. This study attempts to investigate these properties through a non-parametric bootstrap … varying the number of bootstrap replications. Results of this study show that their empirical distribution are asymmetrical in … interesting point worth mentioning is that the minimum number of replications needed for the bootstrap confidence interval to be a …
Persistent link: https://www.econbiz.de/10005408278