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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

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

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

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

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

, regardless of the size or structure of groups. However, experiments show that people will punish free riders, even at … strategies seen in the lab and use the simulation to develop hypotheses about why group size should matter when punishment is … group members or if information about other group members is what is important. We find that large groups contribute at …

Persistent link: https://www.econbiz.de/10005703051

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

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

Costless Discrimination and Unequal Achievements in a Labour Market Experiment

Filippin, Antonio; Guala, Francesco - Institute for the Study of Labor (IZA) - 2011

We investigate the emergence of discrimination in an experiment where individuals affiliated to different groups …

Persistent link: https://www.econbiz.de/10009386636

An Economic Model of Child Custody

Francesconi, Marco; Muthoo, Abhinay - Institute for the Study of Labor (IZA) - 2003

This paper develops a model of child custody based on an incomplete-contract approach to the allocation of property rights. Because of the presence of transaction costs in marriage, altruistic parents cannot contract upon the investments they make into their children, but can reduce the...

Persistent link: https://www.econbiz.de/10005703298

Are Voluntary Agreements Better? Evidence from Baseball Arbitration

Budd, John W.; Sojourner, Aaron J.; Jung, Jaewoo - Institute for the Study of Labor (IZA) - 2014

This paper empirically examines the widespread belief that voluntarily negotiated agreements produce better long-run relationships than third-party imposed settlements, such as arbitrator decisions or court judgments. Two key outcomes are analyzed – subsequent player performance and the...

Persistent link: https://www.econbiz.de/10010761634