Showing 1 - 10 of 52
Given the key role of the taxable income elasticity in designing an optimal tax system there are many studies attempting to estimate this elasticity. A problem with most of these studies is that strong functional form assumptions are used and that heterogeneity in preferences is not allowed for....
Persistent link: https://www.econbiz.de/10010736789
When a survey response mechanism depends on the variable of interest measured within the same survey and observed for only part of the sample, the situation is one of nonignorable nonresponse. Ignoring the nonresponse is likely to generate significant bias in the estimates. To solve this, one...
Persistent link: https://www.econbiz.de/10005190477
This paper estimates a locational choice model to assess the demand for local public services, using a data set where individuals chooses between 26 municipalities within a local labor market. We assess the importance of the IIA assumption by comparing the predictions of three difference models;...
Persistent link: https://www.econbiz.de/10005419174
In this paper we use mixed logit specifications to allow parameters to vary in the population when estimating the value of time for long-distance car travel. Our main conclusion is that the estimated value of time is very sensitive to how the model is specified: we find that it is significantly...
Persistent link: https://www.econbiz.de/10005419189
A dynamic process underlying firms' discrete financial choices has previously been found, but without controlling for unobserved heterogeneity, this dependence can either be of a "true" nature or an effect of firm-specific characteristics that we cannot observe. This study extends previous...
Persistent link: https://www.econbiz.de/10005771039
We propose a way to model firm mergers using a matching game known as the roommate problem, whereby firms are assumed to make preference rankings of potential merger partners. The position of a firm in another firm's ranking is assumed to be governed by an index, which in turn consists of a...
Persistent link: https://www.econbiz.de/10005642482
The Czech labour market performance in early 1990s has widely been regarded as a success story. In particular, the Czech unemployment rate has been one of the lowest in Europe. In this paper we provide a microperspective on the Czech labour market by using data from the Czech labour force...
Persistent link: https://www.econbiz.de/10005644586
In this paper we investigate the demand for local public school expenditures in Sweden. By using survey data, a method previously never applied to Swedish data, the paper provides an additional piece of evidence on individual demand for publicly provided local services. Estimating a linear...
Persistent link: https://www.econbiz.de/10005644599
In this paper we use mixed logit specifications to allow parameters to vary in the population when estimating the value of time for long-distance car travel.
Persistent link: https://www.econbiz.de/10005634507
In this paper we investigate the demand for local public school expenditures in Sweden. By using survey data, a method previously never applied to Swedish data, the paper provides an additional piece of evidence on individual demand for publicly provided local services. Estimating a linear...
Persistent link: https://www.econbiz.de/10005634527