Narrow search
Showing 1 - 10 of 158
Cover Image
Traits, Imitation, and Evolutionary Dynamics
Schnedler, Wendelin - Institute for the Study of Labor (IZA) - 2003
In this article, a modelling framework for the information transmission between agents in an evolutionary game setting is proposed. Agents observe traits which reflect past and present behaviour and success of other agents. If agents imitate more successful agents based on these traits, the...
Persistent link: https://www.econbiz.de/10005822056
Cover Image
The Finite Sample Performance of Semi- and Nonparametric Estimators for Treatment Effects and Policy Evaluation
Frölich, Markus; Huber, Martin; Wiesenfarth, Manuel - Institute for the Study of Labor (IZA) - 2015
treatment and policy evaluation. In contrast to previous simulation studies which mostly considered semiparametric approaches …
Persistent link: https://www.econbiz.de/10011125870
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
Punishing Free-Riders: How Group Size Affects Mutual Monitoring and the Provision of Public Goods
Carpenter, Jeffrey P. - Institute for the Study of Labor (IZA) - 2004
strategies seen in the lab and use the simulation to develop hypotheses about why group size should matter when punishment is …
Persistent link: https://www.econbiz.de/10005703051
Cover Image
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
Cover Image
Taking a Second Chance: Entrepreneurial Restarters in Germany
Wagner, Joachim - Institute for the Study of Labor (IZA) - 2002
Folklore has it that the comparatively low proportion of self-employed in Germany is in part due to a habit that might be termed 'stigmatisation of failure': taking a second chance to build one's own firm after failing as a self-employed is said to be much more difficult here than in other...
Persistent link: https://www.econbiz.de/10005822063
Cover Image
Who Becomes an Entrepreneur? Labor Market Prospects and Occupational Choice
Poschke, Markus - Institute for the Study of Labor (IZA) - 2008
start, the paper briefly documents evidence from the empirical literature that the relationship between entrepreneurship and … persist in the market, and that returns to entrepreneurship have a much larger cross-sectional variance than returns to wage … entrepreneurship where agents are heterogeneous in their ability as workers, and starting entrepreneurs face uncertainty about their …
Persistent link: https://www.econbiz.de/10005822184
Cover Image
Entrepreneurial Entry: Which Institutions Matter?
Aidis, Ruta; Estrin, Saul; Mickiewicz, Tomasz - Institute for the Study of Labor (IZA) - 2009
In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining...
Persistent link: https://www.econbiz.de/10005822242