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Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...
Persistent link: https://www.econbiz.de/10011509388
This paper considers the identification and estimation of hedonic models. We establish that in an additive version of the hedonic model, technology and preferences are generically identified up to affine transformations from data on demand and supply in a single hedonic market. For a very...
Persistent link: https://www.econbiz.de/10011509453
methods for making health inequality comparisons. Findings suggest significant differences in health inequality measurement … wealth. However, health status is generally measured as a categorical variable expressing a qualitative order. Traditional … policy analysis. We also bring to the data a recently proposed approach to measuring self-reported health inequality that …
Persistent link: https://www.econbiz.de/10010199448
The measurement of health inequalities usually involves either estimating the concentration of health outcomes using an … income-based measure of status or applying conventional inequalitymeasurement tools to a health variable that is non … distribution of health outcomes: this enables us to deal consistently with categorical data. We examine several status concepts to …
Persistent link: https://www.econbiz.de/10011547679
modern obesity epidemic is a well-known health dilemma where the BMI distribution was initially positively skewed but has … become more symmetric, which may affect inferences about health and public resource allocation. This study applies partially …
Persistent link: https://www.econbiz.de/10011853276
In this paper, we study the statistical properties of heterogeneous agent models with incomplete markets. Using a Bewley-Hugget-Aiyagari model we compute the equilibrium density function of wealth and show how it can be used for likelihood inference. We investigate the identifiability of the...
Persistent link: https://www.econbiz.de/10011745280
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This paper shows that consumers may buy more of a taxed good if it is sold by a two-sided platform firm. Two-sided platform industries serve distinct customer groups that are connected through interdependent demand, and include major businesses such as the media industry (newspapers/magazines...
Persistent link: https://www.econbiz.de/10003300920