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Do Experts incorporate Statistical Model Forecasts and should they?

Legerstee, Rianne; Franses, Philip Hans; Paap, Richard - Tinbergen Institute - 2011

Experts can rely on statistical model forecasts when creating their own forecasts. Usually it is not known what experts actually do. In this paper we focus on three questions, which we try to answer given the availability of expert forecasts and model forecasts. First, is the expert forecast...

Persistent link: https://www.econbiz.de/10009321847

Education and Entrepreneurial Choice: An Instrumental Variables Analysis

Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Institute - 2009

, however, is difficult since it is considered to be an endogenous variable. This study accounts for this endogeneity by using …

Persistent link: https://www.econbiz.de/10008513229

Teenage Motherhood and Long-run Outcomes in South Africa

Gustafsson, Siv; Worku, Seble - Tinbergen Institute - 2007

Teenage motherhood is very high in South Africa. In 2001, 55 per thousand African South African women and 82 per thousand Coloured South African women were teenage mothers as compared to 8 among Indian South Africans and 3 among White South African women. In this paper we use the South African...

Persistent link: https://www.econbiz.de/10005137341

Health and Work of the Elderly

Lindeboom, Maarten; Kerkhofs, Marcel - Tinbergen Institute - 2002

This paper aims to exp1ore the interre1ation between hea1th and work decisions of e1der1y workers, taking the various ways in which hea1th and work can influence each other exp1icitly into account. For this, two issues are of re1evance. Se1f-assessed health measures are usually at hand in...

Persistent link: https://www.econbiz.de/10005450791

Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis

Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Institute - 2010

endogeneity is really present, whether it matters and whether the selected instruments make sense. Using Bayesian methods, we find … endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

Persistent link: https://www.econbiz.de/10008838535

An Econometric Analysis of the Mental-health Effects of Major Events in the Life of Elderly Individuals

Lindeboom, Maarten; Portrait, France; Berg, Gerard J. … - Tinbergen Institute - 2001

Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the spouse, disability, and a move to

Persistent link: https://www.econbiz.de/10005281827

Your Next of Kin or your Own Career? Caring and Working among the 50+ of Europe

Bolin, K.; Lindgren, B.; Lundborg, P. - Tinbergen Institute - 2007

An increasing demand for both formal and informal care is likely to result from the ongoing demographic transition at the same time as there is a further move away from the traditional domestic division of labour. Public policy-making that aims at increasing the supply of informal care...

Persistent link: https://www.econbiz.de/10005281885