Showing 1 - 10 of 133
Spatial models of voting behaviour are the dominant paradigm in political science. Consistent with this approach, it will be the case that, ceteris paribus, voters should vote for the party nearest to them on the political spectrum. A key question is how we measure nearness or distance. We...
Persistent link: https://www.econbiz.de/10005342137
In this paper we investigate if there was a causal effect of changes in current and 'permanent' income on the health of East Germans in the years following reunification. Reunification was completely unanticipated and therefore can be seen as a providing some exogenous variation, which resulted...
Persistent link: https://www.econbiz.de/10005063665
This paper develops a new simulation estimation algorithm that is particularly useful for estimating dynamic panel data models with unobserved endogenous state variables. The new approach can deal with the commonly encountered and widely discussed ``initial conditions problem,'' as well as the...
Persistent link: https://www.econbiz.de/10005342235
This paper utilizes a nonparametric panel data sample selection model to correct selection bias in the analysis of longitudinal medical claims data. Selection bias in the health economics data is a common problem and many health economists have used Heckman type selection models in...
Persistent link: https://www.econbiz.de/10005342305
In the productivity modelling literature, the disturbances U (representing technical inefficiency) and V (representing noise) of the composite error W=V-U of the stochastic frontier model are assumed to be independent random variables. By employing the copula approach to statistical modelling,...
Persistent link: https://www.econbiz.de/10005702594
Macroeconomic time series are often obtained as an aggregate across regions or economic sectors. Even when the ultimate goal is to forecast the aggregate series it may be beneficial to consider the underlying disaggregate series. This especially holds when the disaggregate series are generated...
Persistent link: https://www.econbiz.de/10005130166
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
learn the distibution of decision makers' types, then this amounts to assuming subjects' know the very thing the researcher … distribution of decision makers' types. But it does place informative bounds on this distribution. So the relaxing of the rational …
Persistent link: https://www.econbiz.de/10005702529
This paper presents results for four separately estimated sets of discrete choice labour supply models using the Household Economic Surveys from 1991/92 up to 2000/01. The New Zealand working-age population is divided into sole parents, single men, single women, and couples. The labour supply...
Persistent link: https://www.econbiz.de/10005063622
This paper investigates the ease with which recent immigrants to Australia from different countries and with different visa categories enter employment at an appropriate level to their prior education and experience in the source country. Unlike most of the earlier research in this field that...
Persistent link: https://www.econbiz.de/10005063650