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Estimating the Smoothing Parameter in the So-Called Hodrick-Prescott Filter

Schlicht, Ekkehart - Institute for the Study of Labor (IZA) - 2004

This note gives a fairly complete statistical description of the Hodrick-Prescott Filter (1997) which has been proposed in the context of my seasonal adjustment method (Schlicht 1981, 1984). A statistics estimator for the smoothing parameter is proposed that is asymptotically equivalent to the...

Persistent link: https://www.econbiz.de/10005703010

Non-Farm Enterprise Productivity and Spatial Autocorrelation in Rural Africa: Evidence from Ethiopia and Nigeria

Owoo, Nkechi S.; Naudé, Wim - Institute for the Study of Labor (IZA) - 2014

proximate farm and non-farm enterprises. To test for the presence and significance of such spatial autocorrelation we use data … (NGHS). We find evidence of significant spatial autocorrelation. Productivity of non-farm enterprises is widely dispersed … productive. In Nigeria, we find evidence for spatial autocorrelation at the individual enterprise level but not at the community …

Persistent link: https://www.econbiz.de/10010791524

Immigrant Workers and Farm Performance: Evidence from Matched Employer-Employee Data

Malchow-Møller, Nikolaj; Munch, Jakob R.; Seidelin, … - Institute for the Study of Labor (IZA) - 2013

Many developed countries have recently experienced a significant inflow of immigrants in the agricultural sector. At the same time, the sector is still in a process of structural transformation resulting in fewer but bigger and presumably more efficient farms. In this paper, we exploit detailed...

Persistent link: https://www.econbiz.de/10010704408

Seasonal Credit Constraints and Agricultural Labor Supply: Evidence from Zambia

Fink, Günther; Jack, Kelsey; Masiye, Felix - Institute for the Study of Labor (IZA) - 2014

Small-scale farming remains the primary source of income for a majority of the population in developing countries. While most farmers primarily work on their own fields, off-farm labor is common among small-scale farmers. A growing literature suggests that off-farm labor is not the result of...

Persistent link: https://www.econbiz.de/10011094086

Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations

Ashraf, Quamrul; Galor, Oded - Institute for the Study of Labor (IZA) - 2012

This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe. Societies that were geographically less vulnerable to cultural diffusion...

Persistent link: https://www.econbiz.de/10009646291

The Agricultural Origins of Time Preference

Galor, Oded; Özak, Ömer - Institute for the Study of Labor (IZA) - 2014

This research explores the origins of the distribution of time preference across regions. It advances the hypothesis and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...

Persistent link: https://www.econbiz.de/10010959583

Wealth Shocks and Health Outcomes: Evidence from Stock Market Fluctuations

Schwandt, Hannes - Institute for the Study of Labor (IZA) - 2014

Do wealth shocks affect the health of the elderly in developed countries? The economic literature is skeptical about such effects which have so far only been found for poor retirees in poor countries. In this paper I show that wealth shocks also matter for the health of wealthy retirees in the...

Persistent link: https://www.econbiz.de/10010884277

How to Think About Time-Use Data: What Inferences Can We Make About Long- and Short-Run Time Use from Time Diaries?

Frazis, Harley; Stewart, Jay - Institute for the Study of Labor (IZA) - 2010

Time-use researchers are typically interested in the time use of individuals, but time use data are samples of person-days. Given day-to-day variation in how people spend their time, this distinction is analytically important. We examine the conditions necessary to make inferences about the time...

Persistent link: https://www.econbiz.de/10008693835

A Structural Empirical Model of Firm Growth, Learning, and Survival

Abbring, Jaap H.; Campbell, Jeffrey R. - Institute for the Study of Labor (IZA) - 2003

We present a structural model of firm growth, learning, and survival and consider its identification and estimation. In …

Persistent link: https://www.econbiz.de/10005703362