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Instrumental variables for binary treatments with heterogeneous treatment effects: a simple exposition
Manning, Alan - London School of Economics (LSE) - 2004
This note provides a simple exposition of what IV can and cannot estimate in a model with a binary treatment variable and heterogeneous treatment effects. It shows how linear IV is a misspecification of functional form and the reason why linear IV estimates for this model will always depend on...
Persistent link: https://www.econbiz.de/10010746568
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Convergence club empirics: some dynamics and explanations of unequal growth across Indian states
Bandyopadhyay, Sanghamitra - London School of Economics (LSE) - 2003
This paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income distribution, instead of standard regression and time series analyses. The findings reveal...
Persistent link: https://www.econbiz.de/10011071107
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A comparison of reduced-form permit price models and their empirical performances
Grüll, Georg; Taschini, Luca - London School of Economics (LSE) - 2010
Equilibrium models have been proposed in literature with the aim of describing the evolution of the price of emission permits. This paper derives first a reducedform model from an equilibrium model and thereby explains how existing reducedform models are related to equilibrium models. Second, by...
Persistent link: https://www.econbiz.de/10011071177
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Identifying vulnerable groups in the Kyrgyz labour market: some implications for the national poverty reduction strategy
Bernabe, Sabine; Kolev, Alexandre - London School of Economics (LSE) - 2003
This paper investigates the overlap between employment status and poverty, drawing particular attention to the working … in Kyrgyzstan, who cumulated a high risk of being unemployed, of remaining longer in unemployment, of being discouraged …
Persistent link: https://www.econbiz.de/10011125996
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International portfolio choice, liquidity constraints and the home equity bias puzzle
Michaelides, Alexander - London School of Economics (LSE) - 2003
This paper solves for optimal international portfolio choice in the presence of liquidity constraints and undiversifiable labor income risk. Optimal portfolios are internationally diversified while positive correlation between domestic stock market returns and permanent labor income shocks can...
Persistent link: https://www.econbiz.de/10010928614
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Dynastic management
Caselli, Francesco; Gennaioli, Nicola - London School of Economics (LSE) - 2006
The most striking difference in corporate-governance arrangements between rich and poor countries is that the latter rely much more heavily on the dynastic family firm, where ownership and control are passed on from one generation to the other. We argue that if the heir to the family firm has no...
Persistent link: https://www.econbiz.de/10010928662
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Do Euro area countries respond asymmetrically to the common monetary policy?
Barigozzi, Matteo; Conti, Antonio; Luciani, Matteo - London School of Economics (LSE) - 2012
asymmetrically in terms of prices and unemployment, while no difference appears in terms of output. These results seem to be the …
Persistent link: https://www.econbiz.de/10010745032
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Gender segregation in employment contracts
Petrongolo, Barbara - London School of Economics (LSE) - 2004
This paper presents evidence on gender segregation in employment contracts in 15 EU countries, using micro data from …
Persistent link: https://www.econbiz.de/10010884580
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Employment patterns in OECD countries
Nickell, Stephen; Nunziata, Luca - London School of Economics (LSE) - 2000
This paper studies the dynamics of labour demand and the determinants of employment rates across the OECD. We find: (i …) labour demand adjusts less rapidly when employment protection is more strict and union density is higher; (ii) there is no … evidence that overall job turnover is influenced by employment protection; (iii) union density and coverage are negatively …
Persistent link: https://www.econbiz.de/10010884729
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Patterns of work across the OECD
Faggio, Giulia; Nickell, Stephen - London School of Economics (LSE) - 2006
benefits and unemployment benefits, then we can capture some aspects of the overall pattern but still a lot remains unexplained …
Persistent link: https://www.econbiz.de/10010884748