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Equilibrium Simulation with Microeconometric Models: A New Procedure with an Application to Income Support Policies
Colombino, Ugo - Institute for the Study of Labor (IZA) - 2012
-time jobs). The most common use of these models is the simulation of tax-transfer reforms. The simulation is usually interpreted … simulation procedure, however, typically keeps fixed the estimated alternative-specific constants. In this note we argue that …-specific constants leads to the development of a simulation procedure consistent with the comparative statics interpretation. The …
Persistent link: https://www.econbiz.de/10010764619
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The Gender Gap in Early Career in Mongolia
Pastore, Francesco - Institute for the Study of Labor (IZA) - 2009
Relatively little is known about the youth labour market in general and about gender differences in Mongolia, one of …
Persistent link: https://www.econbiz.de/10008517976
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"I Wish I Had 100 Dollars a Month …" - The Intergenerational Transfer of Poverty in Mongolia
Pastore, Francesco - Institute for the Study of Labor (IZA) - 2012
survey carried out in 2006 in Mongolia, one of the 50 poorest countries of the world. A young person born in a household …
Persistent link: https://www.econbiz.de/10010599047
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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
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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
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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
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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
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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
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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
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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