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Nonseparable sample selection models with censored selection rules

Fernández-Val, Iván; van Vuuren, Aico; Vella, Francis - 2018

We consider identification and estimation of nonseparable sample selection models with censored selection rules. We employ a control function approach and discuss different objects of interest based on (1) local effects conditional on the control function, and (2) global effects obtained from...

Persistent link: https://www.econbiz.de/10011941436

Estimating the Trade and Welfare Effects of Brexit : A Panel Data Structural Gravity Model

Oberhofer, Harald - 2018

This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy analysis and allows to obtain estimates and confidence...

Persistent link: https://www.econbiz.de/10012926575

Consistent noisy independent component analysis

Bonhomme, Stéphane; Robin, Jean-Marc - 2007

We study linear factor models under the assumptions that factors are mutually independent and independent of errors, and errors can be correlated to some extent. Under factor non-Gaussianity, second to fourth-order moments are shown to yield full identification of the matrix of factor loadings....

Persistent link: https://www.econbiz.de/10010318549

On the Persistence of UK Inflation : A Long-Range Dependence Approach

Caporale, Guglielmo Maria - 2018

This paper examines the degree of persistence in UK inflation by applying long-memory methods to historical data that span the period from 1660 to 2016. Specifically, we use both parametric and non-parametric fractional integration techniques, that are more general than those based on the...

Persistent link: https://www.econbiz.de/10012917992

Distribution regression with sample selection and UK wage decomposition

Chernozhukov, Victor; Fernández-Val, Iván; Luo, Siyi - 2023

We develop a distribution regression model under endogenous sample selection. This model is a semi-parametric generalization of the Heckman selection model. It accommodates much richer effects of the covariates on outcome distribution and patterns of heterogeneity in the selection process, and...

Persistent link: https://www.econbiz.de/10014480516

Estimation of the distribution of hourly pay from household survey data: The use of missing data methods to handle measurement error

Beissel-Durrant, Gabriele; Skinner, Chris - 2003

Labour Force Survey is described. The use of fractional imputation, nearest neighbour imputation, predictive mean matching … simulation. A fractional predictive mean matching imputation approach is advocated. It performs similarly to propensity score …

Persistent link: https://www.econbiz.de/10010318588

Revealed price preference: Theory and empirical analysis

Deb, Rahul; Kitamura, Yuichi; Quah, John K.-H.; Stoye, Jörg - 2021

To determine the welfare implications of price changes in demand data, we introduce a revealed preference relation over prices. We show that the absence of cycles in this relation characterizes a consumer who trades off the utility of consumption against the disutility of expenditure. Our model...

Persistent link: https://www.econbiz.de/10012621160

The matching method for treatment evaluation with selective participation and ineligibles

Dias, MonicaCosta; Ichimura, Hidehiko; van den Berg, … - 2007

The matching method for treatment evaluation does not balance selective unobserved differences between treated and non …, provide a natural application. In an empirical analysis, we first examine the performance of matching versus regression …, where compliance is imperfect among the young. Adjusting the matching estimator for selectivity changes the results towards …

Persistent link: https://www.econbiz.de/10010318475

Endogeneous Matching in University-Industry Collaboration : Theory and Empirical Evidence from the UK

Banal-Estañol, Albert; Macho-Stadler, Ines; … - 2021

We develop a two-sided matching model to analyze collaboration between heterogeneous academics and firms. We predict a … positive assortative matching in terms of both scientific ability and affinity for type of research, but negative assortative …

Persistent link: https://www.econbiz.de/10013315734