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Harding, Matthew - 2018

This paper proposes a quantile regression estimator for a heterogeneous panel model with lagged dependent variables and interactive effects. The paper adopts the Common Correlated Effects (CCE) approach proposed by Pesaran (2006) and Chudik and Pesaran (2015) and demonstrates that the extension...

Persistent link: https://www.econbiz.de/10012908711

Forecasting with Panel Data : Estimation Uncertainty Versus Parameter Heterogeneity

Pesaran, M. Hashem; Pick, Andreas; Timmermann, Allan - 2022

We develop novel forecasting methods for panel data with heterogeneous parameters and examine them together with existing approaches. We conduct a systematic comparison of their predictive accuracy in settings with different cross-sectional (N) and time (T) dimensions and varying degrees of...

Persistent link: https://www.econbiz.de/10013292495

Nonparametric Identification of Production Function, Total Factor Productivity, and Markup from Revenue Data

Kasahara, Hiroyuki; Sugita, Yoichi - 2021

Commonly used methods of production function estimation assume that a firm’s output quantity can be observed as data, but typical datasets contain only revenue, not output quantity. We examine the nonparametric identification of production function from revenue data when a firm faces a general...

Persistent link: https://www.econbiz.de/10013315013

Long-Term Effects of Hiring Subsidies for Unemployed Youths—Beware of Spillovers

Albanese, Andrea; Cockx, Bart; Dejemeppe, Muriel - 2022

We use (donut) regression discontinuity design and difference-in-differences estimators to estimate the impact of a one-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy increases job-finding in the private sector by 10...

Persistent link: https://www.econbiz.de/10014244086

Imputing Monthly Values for Quarterly Time Series. An Application Performed with Swiss Business Cycle Data

Abberger, Klaus; Graff, Michael; Müller, Oliver; … - 2023

This paper documents a comparative application of algorithms to deal with the problem of missing values in higher frequency data sets. We refer to Swiss business tendency survey (BTS) data which are conducted in both monthly and quarterly frequency, where an information sub-set is collected at...

Persistent link: https://www.econbiz.de/10014262560

Aging and Health Care Expenditures : A Non-Parametric Approach

Lorenz, Normann - 2020

One of the most important controversies in health economics concerns the question whether the imminent aging of the population in most OECD countries will place an additional burden on the tax payers who finance public health care systems. Proponents of the "red-herring hypothesis" argue that...

Persistent link: https://www.econbiz.de/10012836935

Recruitment Policies, Job-Filling Rates and Matching Efficiency

Carrillo-Tudela, Carlos - 2020

Recruitment behavior is important for the matching process in the labor market. Using unique linked survey … points to an important role of hiring standards for matching efficiency and for the impact of labor market policy, whereas …

Persistent link: https://www.econbiz.de/10012833745

How Broadband Internet Affects Labor Market Matching

Bhuller, Manudeep - 2020

How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …

Persistent link: https://www.econbiz.de/10012843439

Public Employment Agency Reform, Matching Efficiency, and German Unemployment

Merkl, Christian; Sauerbier, Timo - 2023

Our paper analyzes the role of public employment agencies in job matching, in particular the effects of the … restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … workers reduced unemployed by 0.8 percentage points. Through the lens of an aggregate matching function, more activation is …

Persistent link: https://www.econbiz.de/10014358809

The Effects of Financial Aid on Graduation and Labor Market Outcomes : New Evidence from Matched Education-Labor Data

Rattini, Veronica - 2022

skills matching …

Persistent link: https://www.econbiz.de/10014243160