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Sensitivity of Propensity Score Methods to the Specifications

Zhao, Zhong - Institute for the Study of Labor (IZA) - 2005

Propensity score matching estimators have two advantages. One is that they overcome the curse of dimensionality of covariate matching, and the other is that they are nonparametric. However, the propensity score is usually unknown and needs to be estimated. If we estimate it nonparametrically, we...

Persistent link: https://www.econbiz.de/10005762292

Empirical Modeling of Deprivation Contagion among Social Exclusion Dimensions (Using MCMC Methods)

Poggi, Ambra; Ramos, Xavier - Institute for the Study of Labor (IZA) - 2007

Economic theory and empirical evidence clearly show that social exclusion dimensions are inter-related. Notwithstanding that, dimensions are usually assumed independent from one another in the economics literature. In this paper we explore the inter-dependency of social exclusion dimensions and...

Persistent link: https://www.econbiz.de/10005822888

Job Durations with Worker and Firm Specific Effects: MCMC Estimation with Longitudinal Employer-Employee Data

Horny, Guillaume; Mendes, Rute; den Berg, Gerard J. van - Institute for the Study of Labor (IZA) - 2009

We study job durations using a multivariate hazard model allowing for worker-specific and firm-specific unobserved determinants. The latter are captured by unobserved heterogeneity terms or random effects, one at the firm level and another at the worker level. This enables us to decompose the...

Persistent link: https://www.econbiz.de/10005070420

A Computationally Practical Simulation Estimation Algorithm for Dynamic Panel Data Models with Unobserved Endogenous State Variables

Keane, Michael P.; Sauer, Robert M. - Institute for the Study of Labor (IZA) - 2009

This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data …

Persistent link: https://www.econbiz.de/10005703001

Calculating Confidence Intervals for Continuous and Discontinuous Functions of Estimated Parameters

Ham, John C.; Woutersen, Tiemen - Institute for the Study of Labor (IZA) - 2011

The delta method is commonly used to calculate confidence intervals of functions of estimated parameters that are differentiable with non-zero, bounded derivatives. When the delta method is inappropriate, researchers usually first use a bootstrap procedure where they i) repeatedly take a draw...

Persistent link: https://www.econbiz.de/10009151016

A Simulation of an Income Contingent Tuition Scheme in a Transition Economy

Vodopivec, Milan - Institute for the Study of Labor (IZA) - 2004

The paper takes advantage of exceptionally rich longitudinal data on the universe of labor force participants in Slovenia and simulates the working of an income contingent loan scheme to partly recover tuition costs. The simulations show that under the base variant (where the target cost...

Persistent link: https://www.econbiz.de/10005761698

Simulation and Estimation of Hedonic Models

Heckman, James J.; Matzkin, Rosa; Nesheim, Lars - Institute for the Study of Labor (IZA) - 2003

Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...

Persistent link: https://www.econbiz.de/10005703578

Determinants and Policy Simulation of Firms Cooperation in Innovation

Heshmati, Almas; Lenz-Cesar, Flávio - Institute for the Study of Labor (IZA) - 2013

This research introduces an agent-based simulation model representing the dynamic processes of cooperative R&D in the … translated into simulation parameters which are calibrated to the point that the simulated artificial world are equivalent to the … one observed in the real world. The aim of the simulation game is to investigate the differences in sector responses to …

Persistent link: https://www.econbiz.de/10010884320

Estimation of Dynamic Discrete Choice Models by Maximum Likelihood and the Simulated Method of Moments

Eisenhauer, Philipp; Heckman, James J.; Mosso, Stefano - Institute for the Study of Labor (IZA) - 2014

We compare the performance of maximum likelihood (ML) and simulated method of moments (SMM) estimation for dynamic discrete choice models. We construct and estimate a simplified dynamic structural model of education that captures some basic features of educational choices in the United States in...

Persistent link: https://www.econbiz.de/10010959620

Children and Women's Participation Dynamics: Direct and Indirect Effects

Voicu, Alexandru; Buddelmeyer, Hielke - Institute for the Study of Labor (IZA) - 2003

Children affect the after-birth labor force participation of women in two ways. Directly, the time spent in child-care reduces the labor market effort. Time spent out of the labor market while on maternity leave alters women’s participation experience and indirectly affects subsequent...

Persistent link: https://www.econbiz.de/10005233761