Showing 1 - 10 of 31
We contrast two approaches to the prediction of latent variables in the model of factor analysis. The likelihood statistic is a sufficient statistic for the unobservables when sampling arises from the exponential family of distributions. Linear predictors, on the other hand, can be obtained as...
Persistent link: https://www.econbiz.de/10010745989
In 1997 Rwanda introduced a re-settlement policy for refugees displaced during previous conflicts. We exploit geographic variation in the speed of implementation of this policy to investigate the impact of conflict-induced displacement and the re-settlement policy on household agricultural...
Persistent link: https://www.econbiz.de/10010745879
Correlated nonresponse within clusters arises in certain survey settings. It is often represented by a random effects … model and assumed to be cluster-specific nonignorable, in the sense that survey and nonresponse outcomes are conditionally … biased estimation under cluster-specific nonignorable nonresponse, when the cluster sample sizes are small. We propose a new …
Persistent link: https://www.econbiz.de/10010744998
Nonresponse is a major source of estimation error in sample surveys. The response rate is widely used to measure survey … quality associated with nonresponse, but is inadequate as an indicator because of its limited relation with nonresponse bias …
Persistent link: https://www.econbiz.de/10010745629
simulation study. The use of partial indicators for monitoring and targeting nonresponse is illustrated for both a household and …
Persistent link: https://www.econbiz.de/10010745778
of the estimators are assessed with respect to both sampling and nonresponse. The study displays little difference … between the properties of the alternative raking estimators for a given sampling scheme and nonresponse model. Amongst the … nonresponse. The approach which weights residuals by the calibrated weight tends to display much less bias. Varying the choice of …
Persistent link: https://www.econbiz.de/10010745917
This paper tests for the importance of cash flow on investment in fixed capital and R&D using firm-level panel data in two countries between 1985 and 1994. For German firms, cash flow is not informative in simple econometric models of fixed investment or R&D. In identical specifications for...
Persistent link: https://www.econbiz.de/10010884496
Tens of thousands of young people leave school with no or very few qualifications in England. This paper seeks to build a fuller picture of Key Stage 4 low achievement and its correlates than available hitherto. We focus on three aspects. Firstly, the role of students’ personal...
Persistent link: https://www.econbiz.de/10010884594
This paper investigates the efficiency wage hypothesis and derives a tractable expression for the profit loss incurred by deviations from the efficiency wage. The extent of the wage deviation can be inferred from production function parameters. The resulting profit loss shown to depend upon the...
Persistent link: https://www.econbiz.de/10010928709
This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect of demand shocks on investment. Uncertainty increases real option values making firms more cautious when investing or disinvesting. This is confirmed both numerically for a model with a rich mix...
Persistent link: https://www.econbiz.de/10010928730