Showing 1 - 10 of 467
We use Bayesian Model Averaging (BMA) to evaluate the robustness of determinants of economic growth in a new dataset of 255 European regions in the 1995-2005 period. We use three different specifications based on (1) the cross-section of regions, (2) the cross-section of regions with country...
Persistent link: https://www.econbiz.de/10003806087
This paper investigates the robustness of determinants of economic growth in the presence of model uncertainty, parameter heterogeneity and outliers. The robust model averaging approach introduced in the paper uses a flexible and parsimonious mixture modeling that allows for fat-tailed errors...
Persistent link: https://www.econbiz.de/10009010519
We develop a non-linear forecast combination rule based on copulas that incorporate the dynamic interaction between individual predictors. This approach is optimal in the sense that the resulting combined forecast produces the highest discriminatory power as measured by the receiver operating...
Persistent link: https://www.econbiz.de/10010475341
Do the people around us influence our personality? To answer this question, we conduct an experiment with 543 … of peers' extraversion, agreeableness, or neuroticism. To explain these results, we propose a simple model of personality … development under the influence of peers. Consistent with the model's prediction, personality spillovers are concentrated in …
Persistent link: https://www.econbiz.de/10013186792
Productivity varies greatly among farmers and the source of that variation is not fully understood. Using a unique Indian household survey, we estimate peer effects on agricultural revenue. Results show that 60% of farmers' revenue is explained by peers. Input expenditures and land allocation to...
Persistent link: https://www.econbiz.de/10010404510
-consistent personality and environment. We explain when stressors reduce income. We also explain under which conditions rising income does …
Persistent link: https://www.econbiz.de/10011819320
drinking, especially for males, but does not have any significant impact on smoking or marijuana use habits of young adults …
Persistent link: https://www.econbiz.de/10011310000
This paper investigates the impact of the public smoking ban which came into effect in Italy on January 2005 on … individual smoking behaviour. Current empirical evidence supports the existence of a negative effect of the Italian ban on … smoking prevalence and consumption in the general population. This is in contrast to what has been found in some other …
Persistent link: https://www.econbiz.de/10010436572
Medical experts have argued forcefully that using cigarettes harms health, prompting the adoption of myriad anti-smoking … policies. The association between smoking and mortality may, however, be driven by unobserved factors, making it difficult to … a teenager, which are arguably exogenous, on adult smoking participation and mortality. A one-dollar increase in teenage …
Persistent link: https://www.econbiz.de/10012602112
I study how motivation shapes own and peers' educational success. Using data from Project STAR, I find that academic motivation in early elementary school, as measured by a standardized psychological test, predicts contemporaneous and future test scores, high school GPA, and college-test taking...
Persistent link: https://www.econbiz.de/10012313572