Showing 1 - 10 of 168
status on labour market outcomes using matching methods associated with treatment effect techniques for programme evaluation …
Persistent link: https://www.econbiz.de/10005498136
characteristics that the analyst does not observe. The social optimum must therefore trade off matching on incomes and matching on … set of feasible matchings and of the socially optimal matching. Then we show how data on the covariation of the types of …
Persistent link: https://www.econbiz.de/10008530351
The matching function describes the flow of job creation as a function of the stocks of unemployed and vacancies. Most …
Persistent link: https://www.econbiz.de/10005123733
informative data originating from administrative records. Using a matching estimator for multiple programmes, we find positive …
Persistent link: https://www.econbiz.de/10005666683
. We sketch the theoretical framework of matching estimators as a substitute for randomization in labor market programs …-in-differences matching estimator of treatment effects. Treatment and control groups are matched over individual observable characteristics …
Persistent link: https://www.econbiz.de/10005504530
Many studies have used self-reported dyadic data without exploiting the pattern of discordant answers. In this paper we propose a maximum likelihood estimator that deals with mis-reporting in a systematic way. We illustrate the methodology using dyadic data on inter-household transfers from the...
Persistent link: https://www.econbiz.de/10011272706
Two main approaches are commonly used to empirically evaluate linear factor pricing models: regression and SDF methods, with centred and uncentred versions of the latter. We show that unlike standard two-step or iterated GMM procedures, single-step estimators such as continuously updated GMM...
Persistent link: https://www.econbiz.de/10008466351
Data on the life-cycle profiles of inequality in wages, earnings, hours worked and consumption contains precious information for answering questions about the ability of households to insure labor market risk and about the sources of this risk. This Paper demonstrates that the choice of whether...
Persistent link: https://www.econbiz.de/10005662083
This paper assesses the performance of Bayesian Vector Autoregression (BVAR) for models of different size. We consider standard specifications in the macroeconomic literature based on, respectively, three and eight variables and compare results with those obtained by larger models containing...
Persistent link: https://www.econbiz.de/10005666834
This paper analyzes identification conditions, and proposes an estimator, for a dynamic factor model where the idiosyncratic components are allowed to be mutually non-orthogonal. This model, which we call the generalized dynamic factor model, is novel to the literature, and generalizes the...
Persistent link: https://www.econbiz.de/10005667125