Showing 1 - 10 of 91
semiparametric propensity score estimates relative to matching algorithms that employ parametric propensity scores …
Persistent link: https://www.econbiz.de/10005702687
semiparametric estimates of the sample selection model for the case of return to schooling. The parametric estimator is the one … proposed by Heckman (1979) and the semiparametric estimator proposed by Newey (1991) and Klein and Spady (1993). It also … variables increases the return to schooling substantially. Parametric corrections does not change the results but semiparametric …
Persistent link: https://www.econbiz.de/10005699575
This paper investigates the process by which a cohort of males accumulate human capital via formal education and labor market participation. I use all available annual waves of the 1979 youth cohort of the National Longitudinal Survey of Labor Market Experience (NLSY79) to estimate a dynamic...
Persistent link: https://www.econbiz.de/10005702661
Unlike previous studies on major choice of university students, this study considers a university's prestige in their choice of a major field. This study sets up an estimation model for a joint decision about where to go to university (prestigious or non-prestigious) and what major field to...
Persistent link: https://www.econbiz.de/10005086437
The consumption value of education is an important, but rather ignored factor behind the individual's educational choice. This paper suggests a method for measuring the consumption value of education in a compensating differentials framework when the ability bias is corrected for. As an example,...
Persistent link: https://www.econbiz.de/10005342153
American students work less than East Asian students in high school, but work more in college. We propose an explanation for this puzzle, using a two-stage-signaling model. Signaling can occur over time both in high school and college. We show that main signaling stage may be high school or...
Persistent link: https://www.econbiz.de/10005342364
€œtrue†fixed and random effect stochastic frontier models. In this paper we extend these two models to their semiparametric …
Persistent link: https://www.econbiz.de/10005130155
We use the PISA student-level achievement database to estimate international education production functions. Student …
Persistent link: https://www.econbiz.de/10005702593
Within the independent private-values paradigm, we derive the data-generating process of the winning bid for the last unit sold at multi-unit, sequential, oral, ascending-price auctions when bidder valuations are draws from different distributions; i.e., in the presence of asymmetries. When the...
Persistent link: https://www.econbiz.de/10005063564
nonparametric and semiparametric time series econometric models. An adaptive and optimal model specification test procedure is then … variance nonparametric and semiparametric time series econometric models. In addition, we develop computer-intensive bootstrap …
Persistent link: https://www.econbiz.de/10005063586