Showing 1 - 10 of 57
households with two adults. We estimate a structural household utility model in which the marginal utilities of leisure and house … household and the two partners. We use a discrete choice model with choice sets of 2,401 points for each couple, distinguishing …
Persistent link: https://www.econbiz.de/10011091503
We study the labor supply dynamics of elderly couples by means of a structural collective model.The model allows for general externalities with respect to spouses leisure.Preferences and the intrahousehold bargaining process are identified by using panel data with couples and individuals who...
Persistent link: https://www.econbiz.de/10011092793
This paper studies the empirical relationship between the real economy, consumer confidence and economic news coverage in national newspapers for the Netherlands during the period 1990-2008. Media-attention for economic developments Granger-causes consumer confidence, with more negative news...
Persistent link: https://www.econbiz.de/10011091193
Persistent link: https://www.econbiz.de/10011091456
We present a new approach to study empirically the effect of the introduction of the euro on currency invoicing. Our approach uses a compositional multinomial logit model, in which currency choice depends on the characteristics of both the currency and the country. We use unique quarterly panel...
Persistent link: https://www.econbiz.de/10011090527
High breakdown-point regression estimators protect against large errors and data con- tamination. We generalize the concept of trimming used by many of these robust estima- tors, such as the least trimmed squares and maximum trimmed likelihood, and propose a general trimmed estimator, which...
Persistent link: https://www.econbiz.de/10011090581
Subjective expectations about future income changes are analyzed, using household panel data.The models used are ….Using the same type of models, subjective expectations are then confronted with the head of household's ex post perception of …
Persistent link: https://www.econbiz.de/10011091314
Equivalence scales provide answers to questions like how much a household with four children needs to spend compared to … a household with two children or how much a childless couple needs to spend compared to a single person household to …, indicates that an increase in the household size leads to a significant drop in the satisfaction with their income. This result …
Persistent link: https://www.econbiz.de/10011091442
We develop a synthetic difference-in-differences statistical design to apply to experimental data for adult women living in Hennepin County, Minnesota, to estimate the impact of Medicaid managed care on various modes of medical care use.Because the outcomes of interest are utilization counts...
Persistent link: https://www.econbiz.de/10011091606
Abstract: This paper develops an econometric model of industry dynamics for concentrated markets that can be estimated very quickly from market-level data on demand shifters and the number of producers. We show that the model has an essentially unique symmetric Markov-perfect equilibrium that...
Persistent link: https://www.econbiz.de/10011092138