Showing 1 - 10 of 24
simulation study demonstrates the improved finite-sample performance compared to existing methods. …
Persistent link: https://www.econbiz.de/10008679202
, even when the number of moments is large. The finite-sample properties of the procedure are examined via a simulation study …
Persistent link: https://www.econbiz.de/10010817265
The purpose of this paper is to analyze the optimal scale of local jurisdictions (cantons) in Switzerland applying Data Envelopment Analysis (DEA) to the years 2000 to 2004. Aggregate output performance indicators for four local government activities (administration, education, health, and...
Persistent link: https://www.econbiz.de/10010817292
Many statistical applications require the forecast of a random variable of interest over several periods into the future. The sequence of individual forecasts, one period at a time, is called a path forecast, where the term path refers to the sequence of individual future realizations of the...
Persistent link: https://www.econbiz.de/10009650385
simulation evidence. By merely using individual t-values at conventional significance levels, the risk of labeling probably …
Persistent link: https://www.econbiz.de/10010604133
As the first, substantive contribution, this paper revisits the effectiveness of two widely used public sponsored training programs, the first one focusing on intensive occupational training and the second one on short-term activation and job entry. We use an exceptionally rich administrative...
Persistent link: https://www.econbiz.de/10010604139
Recent advances in the econometric modelling of count data have often been based on the generalized method of moments (GMM). However, the two-step GMM procedure may perform poorly in small samples, and several empirical likelihood-based estimators have been suggested alternatively. In this paper...
Persistent link: https://www.econbiz.de/10005756605
The purpose of this paper is twofold. First, it measures the efficiency in the provision of public goods by local jurisdictions applying Data Envelopment Analysis (DEA). Second, it relates ef- ficiency scores to a fiscal equalization scheme designed to mitigate the negative consequences of...
Persistent link: https://www.econbiz.de/10005756622
This paper deals with the identification of treatment effects when the outcome variable is ordered. If outcomes are measured ordinally, previously developed methods to investigate the impact of an endogenous binary regressor on average outcomes cannot be applied as the expectation of an ordered...
Persistent link: https://www.econbiz.de/10005756623
The credibility of standard instrumental variables assumptions is often under dispute. This paper imposes weak monotonicity in order to gain information on counterfactual outcomes, but avoids independence or exclusion restrictions. The outcome process is assumed to be sequentially ordered,...
Persistent link: https://www.econbiz.de/10008558928