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the question whether the omission of important control variables in matching estimation leads to biased impact estimates … as detailed regional characteristics are also relevant. -- training ; job search assistance ; matching estimation …
Persistent link: https://www.econbiz.de/10009011187
We introduce a new hybrid approach to joint estimation of Value at Risk (VaR) and Expected Shortfall (ES) for high … lower cost in capital reserves. In ES estimation the hybrid model yields the smallest error statistics surpassing even the … ; extreme value theory ; bootstrapping …
Persistent link: https://www.econbiz.de/10003891679
Persistent link: https://www.econbiz.de/10003497528
An important issue in the analysis of cross-sectional dependence which has received renewed interest in the past few years is the need for a better understanding of the extent and nature of such cross dependencies. In this paper we focus on measures of cross-sectional dependence and how such...
Persistent link: https://www.econbiz.de/10009488893
are analysed and insights from the theory of industrial organisation are given. Governments intervene in the market for …
Persistent link: https://www.econbiz.de/10002734112
Using Ramadan fasting as a natural experiment, we estimate the long-run impacts of in-utero health and nutrition shocks …
Persistent link: https://www.econbiz.de/10013174485
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the perceived and the actual fairness of the income generation process affects this association. Building on a simple model of individual labor-market participation under...
Persistent link: https://www.econbiz.de/10008697799
A rich literature in public administration has shown that public sector employees have stronger altruistic motivations than private sector employees. Recent economic theories stress the importance of mission preferences, and predict that altruistic people sort into the public sector when they...
Persistent link: https://www.econbiz.de/10009742999
The objective of this manuscript is to serve as a practical guide for estimations with the structural gravity model. After a brief review of the theoretical foundations, we summarize the main challenges with gravity estimations and we review the solutions to address those challenges. Then, we...
Persistent link: https://www.econbiz.de/10011509468
We develop a simple estimation procedure for general equilibrium (GE) comparative static analysis of gravity models …
Persistent link: https://www.econbiz.de/10011384362