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This paper studies the causal effect of providing information about climate changeon individuals’ willingness to pay to offset carbon emissions in a randomizedcontrol trial. Receiving truthful information about ways to reduce CO2 emis-sions increases individuals’ willingness to pay for CO2...
Persistent link: https://www.econbiz.de/10012821798
Open access (OA) publishing upends the traditional business model in scientific publishing by requiring authors instead of readers to pay for the publishing-related costs. In this paper, we aim to elicit the willingness to pay (WTP) of authors for open access publishing. We conduct two separate...
Persistent link: https://www.econbiz.de/10012500292
This paper studies the causal effect of providing information about climate change on individuals' willingness to pay to offset carbon emissions in a randomized control trial. Receiving truthful information about ways to reduce CO2 emissions increases individuals' willingness to pay for CO2...
Persistent link: https://www.econbiz.de/10013326470
This paper gives a short overview of Monte Carlo studies on the usefulness of Heckman's (1976, 1979) twostep estimator for estimating a selection model. It shows that exploratory work to check for collinearity problems is strongly recommended before deciding on which estimator to apply. In the...
Persistent link: https://www.econbiz.de/10013428094
this case, the inclusion of the concept of the quasi maximum likelihood theory in the simulated z-test provides …
Persistent link: https://www.econbiz.de/10013428435
Persistent link: https://www.econbiz.de/10012207571
Persistent link: https://www.econbiz.de/10012207589
To simultaneously consider mixed-frequency time series, their joint dynamics, and possible structural changes, we introduce a time-varying parameter mixed-frequency VAR. To keep our approach from becoming too complex, we implement time variation parsimoniously: only the intercepts and a common...
Persistent link: https://www.econbiz.de/10011903709
This paper is concerned with the study of Bayesian inference procedures to commonly used time series models. In particular, the dynamic or state-space models, the time-varying vector autoregressive model and the structural vector autoregressive model are considered in detail. Inference...
Persistent link: https://www.econbiz.de/10012018632
This paper describes the inference procedures required to perform Bayesian inference to some multivariate econometric models. These models have a spatial component built into commonly used multivariate models. In particular, the seemingly unrelated regression and vector autoregressive models are...
Persistent link: https://www.econbiz.de/10012019328