Showing 1 - 10 of 322
This paper extends the transformed maximum likelihood approach for estimation of dynamic panel data models by Hsiao, Pesaran, and Tahmiscioglu (2002) to the case where the errors are crosssectionally heteroskedastic. This extension is not trivial due to the incidental parameters problem that...
Persistent link: https://www.econbiz.de/10010552471
This paper presents a convenient shortcut method for implementing the Heckman estimator of the dynamic random effects probit model using standard software. It then compares the three estimators proposed by Heckman, Orme and Wooldridge based on three alternative approximations, first in an...
Persistent link: https://www.econbiz.de/10005703243
This paper exploits the complex sequential structure of the diary data in the American Heritage Time Use Study (AHTUS) and constructs three classes of indicators that capture the quality of leisure ('pure leisure', 'co-present leisure' and 'leisure fragmentation') to show that the relative...
Persistent link: https://www.econbiz.de/10011128024
This paper proposes a comprehensive, path-independent decomposition formula of changes into ceteris paribus effects and interaction effects. The formula implies a reassessment of sequential decomposition methods that are widely used in the literature and that are restrictive in how they treat...
Persistent link: https://www.econbiz.de/10010752453
How do individuals shape societies? How do societies shape individuals? This paper develops a framework for studying the connections between micro and macro phenomena. The framework builds on two ingredients widely used in social science − population and variable. Starting with the simplest...
Persistent link: https://www.econbiz.de/10005039644
This paper proposes a new unified theory of sociobehavioral forces. The goal of the new theory is to integrate theories … characteristics, and primordial sociobehavioral outcomes. The unified theory posits the operation of three sociobehavioral forces … distinctive identity and a distinctive magnitude of happiness. Thus, the theory enables systematic and parsimonious analysis of …
Persistent link: https://www.econbiz.de/10005703470
The last three decades the accumulation of quantitative research evidence has led to the development of systematic methods for combining information across samples of related studies. Although a few methods have been described for accumulating research evidence over time, meta-analysis is widely...
Persistent link: https://www.econbiz.de/10005703579
The goal of scientific work is to understand more and more by less and less. In this effort, theoretical unification plays a large part. There are two main types of theoretical unification – unification of different theories of the same field of phenomena and unification of theories of...
Persistent link: https://www.econbiz.de/10005822968
. We use probability theory to derive initial results, including both distribution-independent and distribution …
Persistent link: https://www.econbiz.de/10005763454
Social scientists study two kinds of inequality: inequality between persons (as in income inequality) and inequality between subgroups (as in racial inequality). This paper analyzes the mathematical connections between the two kinds of inequality. The paper proceeds by exploring a set of...
Persistent link: https://www.econbiz.de/10005763731