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This paper uses a field experiment to estimate behavioral parameters from a structural model of residential adoption of technology. As our model includes both economic and psychological factors, we are able to identify the role of prices, social norms, social pressure, and curiosity on the...
Persistent link: https://www.econbiz.de/10012480119
We propose a way to formalize the relationship between descriptive analysis and structural estimation. A researcher reports an estimate ĉ of a structural quantity of interest c that is valid under some models. The researcher also reports descriptive statistics γ̂ that estimate features γ of...
Persistent link: https://www.econbiz.de/10012480868
This essay reviews progress in empirical economics since Leamer's (1983) critique. Leamer highlighted the benefits of sensitivity analysis, a procedure in which researchers show how their results change with changes in specification or functional form. Sensitivity analysis has had a salutary but...
Persistent link: https://www.econbiz.de/10012462856
This paper compares the economic questions addressed by instrumental variables estimators with those addressed by structural approaches. We discuss Marschak's Maxim: estimators should be selected on the basis of their ability to answer well-posed economic problems with minimal assumptions. A key...
Persistent link: https://www.econbiz.de/10012463941
Structural econometric methods are often criticized for being sensitive to functional form assumptions. We study parametric estimators of the local average treatment effect (LATE) derived from a widely used class of latent threshold crossing models and show they yield LATE estimates...
Persistent link: https://www.econbiz.de/10012453238
A recent literature has developed that combines two prominent empirical approaches to ex ante policy evaluation: randomized controlled trials (RCT) and structural estimation. The RCT provides a "gold-standard'' estimate of a particular treatment, but only of that treatment. Structural estimation...
Persistent link: https://www.econbiz.de/10012459096
The COVID-19 pandemic has profoundly affected American children, including disruptions to their care and school settings. Children attending in-person child care or school have contended with unpredictable closures and time in remote school, which in turn is subject to its own types of...
Persistent link: https://www.econbiz.de/10012814434
This paper presents results based on a survey fielded in the RAND American Life Panel that queried older workers about …, while the fraction working would be 17.2% if none had the option of flexible hours. We further found that job stress …
Persistent link: https://www.econbiz.de/10012480277
We provide some of the first empirical evidence of maternal and fetal health effects of working during pregnancy by using a unique dataset from the New Jersey Department of Health that includes information not only on pregnancy and birth outcomes but also on maternal employment. We match the...
Persistent link: https://www.econbiz.de/10012480287
affect how individuals' bodies respond to stressors in general, including the stress of standardized testing. This, in turn …A potential contributor to socioeconomic disparities in academic performance is the difference in the level of stress … experienced by students outside of school. Chronic stress - due to neighborhood violence, poverty, or family instability - can …
Persistent link: https://www.econbiz.de/10012480956