Narrow search
Showing 1 - 10 of 61
Cover Image
Unobserved Heterogeneity and Risk in Wage Variance: Does Schooling provide Earnings Insurance?
Mazza, Jacopo; Ophem, Hans van; Hartog, Joop - Tinbergen Institute - 2011
We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...
Persistent link: https://www.econbiz.de/10008867507
Cover Image
Retirement Choices in Italy: What an Option Value Model tells us
Belloni, Michele; Alessie, Rob - Tinbergen Institute - 2010
Using Italian data, we estimate an option value model to quantify the effect
Persistent link: https://www.econbiz.de/10008838550
Cover Image
Forecasting Productivity Using Information from Firm-Level Data
Bartelsman, Eric J.; Wolf, Zoltán - Tinbergen Institute - 2009
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10005016264
Cover Image
Entrepreneurial Moral Hazard in Income Insurance
Ejrnaes, Mette; Hochguertel, Stefan - Tinbergen Institute - 2008
We study risk behavior of Danish self-employed entrepreneurs, whose income risk may be driven by both exogenous factors and effort choice (moral hazard). Partial insurance is available through voluntary unemployment insurance (UI). Additional incentives to sign insurance contracts stem from a...
Persistent link: https://www.econbiz.de/10005144470
Cover Image
Continuous-Time Modelling with Spatial Dependence
Oud, Johan H.L.; Folmer, Henk; Patuelli, Roberto; … - Tinbergen Institute - 2011
(Spatial) panel data are routinely modelled in discrete time (DT). However, there are compelling arguments for continuous time (CT) modelling of (spatial) panel data. Particularly, most social processes evolve in CT, so that statistical analysis in DT is an oversimplification, gives an...
Persistent link: https://www.econbiz.de/10009201135
Cover Image
A Dynamic Analysis of the Demand for Health Insurance and Health Care
Bolhaar, Jonneke; Lindeboom, Maarten; Klaauw, Bas van der - Tinbergen Institute
We investigate the presence of moral hazard and advantageous or adverse selection in a market for supplementary health insurance. For this we specify and estimate dynamic models for health insurance decisions and health care utilization. Estimates of the health care utilization models indicate...
Persistent link: https://www.econbiz.de/10005137193
Cover Image
Identifying Reduced-Form Relations with Panel Data
Vollebergh, Herman R.J.; Melenberg, Bertrand; … - Tinbergen Institute - 2007
The literature that tests for U-shaped relationships using panel data, such as those between pollution and income or inequality and growth, reports widely divergent (parametric and non-parametric) empirical findings. We explain why lack of identification lies at the root of these differences. To...
Persistent link: https://www.econbiz.de/10005137196
Cover Image
US and European Household Debt and Credit Constraints
Crook, Jonathan; Hochguertel, Stefan - Tinbergen Institute - 2007
This paper uses micro data from four OECD countries (the United States, Spain, Italy, and the Netherlands), to assess the determinants of household debt holding and to investigate whether or not credit constraints are important for household debt holding. We extend the existing literature in...
Persistent link: https://www.econbiz.de/10005137368
Cover Image
Immigration and Innovation in European Regions
Ozgen, Ceren; Nijkamp, Peter; Poot, Jacques - Tinbergen Institute - 2011
data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …'s restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a function of regio nal …
Persistent link: https://www.econbiz.de/10009201123
Cover Image
Analysis of Regional Innovation Performance in Portugal - Results from an External Logistic Biplot Method
Galindo, Purificacion Vicente; Vaz, Teresa de Noronha; … - Tinbergen Institute - 2011
Portuguese strategic choices regarding innovation and R&D policy have, over the past two decades, produced various … firms' contribution to national and regional growth, their obstacles and impacts. For the purpose of this paper, innovation … the present performance of Portuguese firms located throughout the country and to explore those innovation determinants …
Persistent link: https://www.econbiz.de/10009201126