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The Allocation of Time in Sleep: a Social Network Model with Sampled Data

Liu, Xiaodong; Patacchini, Eleonora; Rainone, Edoardo - C.E.P.R. Discussion Papers - 2013

We analyze peer e¤ects in sleeping behavior using a representative sample of U.S. teenagers from the National Longitudinal Survey of Adolescent Health. The sampling design of the survey causes the conventional 2SLS estimator to be inconsistent. We extend the NLS estimator in Wang and Lee...

Persistent link: https://www.econbiz.de/10011084656

Is the Kuznets Curve Still Alive? Evidence from Italy's Household Budgets, 1881-1961

Rossi, Nicola; Toniolo, Gianni; Vecchi, Giovanni - C.E.P.R. Discussion Papers - 1999

This paper investigates secular changes in the distribution of personal expen-diture in Italy over the period 1881-1961. To do so, the authors constructed a new dataset, the Italian Household Budgets Database (IHBD), consisting of 4,370 family-level budgets. Methodologically, this paper improves...

Persistent link: https://www.econbiz.de/10005661573

Spatial Determinants of Productivity: Analysis for the Regions of Great Britain

Rice, Patricia; Venables, Anthony J - C.E.P.R. Discussion Papers - 2004

This Paper uses NUTS3 sub-regional data for Great Britain to analyse the determinants of spatial variations in income and productivity. We decompose the spatial variation of earnings into a productivity effect and an occupational composition effect. For the former (but not the latter) we find a...

Persistent link: https://www.econbiz.de/10005792018

Price Clustering in the FX Market: A Disaggregate Analysis Using Central Bank Intervention

Fischer, Andreas M - C.E.P.R. Discussion Papers - 2004

Price clustering is a well-documented regularity of foreign exchange transactions. In this Paper, I present new … empirical evidence of price clustering for central bank interventions. A feature of the price clustering in Swiss National Bank … (SNB) transactions is market dependency. Evidence of clustering in the broker market is considerably smaller than in the …

Persistent link: https://www.econbiz.de/10005792324

Herd Effects and Migration

Epstein, Gil S; Hillman, Arye L. - C.E.P.R. Discussion Papers - 1998

In this paper we introduce the notion of herd effects or information cascades into models of migration-related phenomena. We consider individuals making sequential decisions regarding emigration. Each individual receives a signal which conveys private information regarding preferred locations...

Persistent link: https://www.econbiz.de/10005124353

Timeliness, Trade and Agglomeration

Harrigan, James; Venables, Anthony J - C.E.P.R. Discussion Papers - 2004

demand and cost uncertainties are resolved. Using several related models we show that this can cause clustering of component …

Persistent link: https://www.econbiz.de/10005067441

Learning to be an Entrepreneur

Guiso, Luigi; Schivardi, Fabiano - C.E.P.R. Discussion Papers - 2005

Is entrepreneurial talent entirely innate or do people learn to become entrepreneurs? We extend Lucas's (1978) model of entrepreneurship to allow for the possibility that entrepreneurial talents may be acquired by watching other entrepreneurs in action. This model implies that areas with a...

Persistent link: https://www.econbiz.de/10005497788

Model-based Clustering of Multiple Time Series

Frühwirth-Schnatter, Sylvia; Kaufmann, Sylvia - C.E.P.R. Discussion Papers - 2004

We propose to use the attractiveness of pooling relatively short time series that display similar dynamics, but without restricting to pooling all into one group. We suggest estimating the appropriate grouping of time series simultaneously along with the group-specific model parameters. We cast...

Persistent link: https://www.econbiz.de/10005497905

Firms' Productivity Growth and R&D Spillovers: An Analysis of Alternative Technological Proximity Measures

Cincera, Michele - C.E.P.R. Discussion Papers - 2005

This paper aims at assessing the impact of R&D spillovers on firms’ economic performance as measured by productivity growth. The construction of R&D spillovers is based on Jaffe’s methodology (1986, 1988), which associates econometrics and data analysis. The main objective of the paper is to...

Persistent link: https://www.econbiz.de/10005498151