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We study the inference and experimentation problem of an agent in a situation where the outcomes depend on the … external factors if they fail. They are too easily dissatisfied with their environment, which leads them to experiment in …
Persistent link: https://www.econbiz.de/10011930663
This paper compares two single-equation approaches from the recent nowcast literature: Mixed-data sampling (MIDAS …
Persistent link: https://www.econbiz.de/10010432327
enabling incorporation of neighboring structures and easy sampling schemes. Different sampling schemes are available and may be …
Persistent link: https://www.econbiz.de/10012007896
instance of precision-based sampling methods that operate on the inverse variance-covariance matrix of the states (also known … other instances of precision-based sampling, computational gains are considerable. Relevant applications include trend …
Persistent link: https://www.econbiz.de/10014336195
Persistent link: https://www.econbiz.de/10012581834
We outline a procedure for combining six cross-sections of the German Sample Survey of Income and Expenditure, and discuss potential pitfalls of such a venture. Particularly, we investigate the consequences of a major break in the survey design for inter-temporal comparisons of expenditure...
Persistent link: https://www.econbiz.de/10003952561
We propose a novel view of selection bias in longitudinal surveys. Such bias may arise from initial nonresponse in a probability sample, or it may be caused by self-selection in an internet survey. A contraction theorem from mathematical demography is used to show that an initial bias can...
Persistent link: https://www.econbiz.de/10012821615
We study the relationship between overconfidence and the political and financial behavior of a nationally representative sample. To do so, we introduce a new method of eliciting overconfidence that is simple to understand, quick to implement, and captures respondents' excess confidence in their...
Persistent link: https://www.econbiz.de/10012648019
. The theory is applied to a German survey on social benefit recipience. Minor deviations from assumptions are shown to have …
Persistent link: https://www.econbiz.de/10011714202
No other area of the German economy has developed so emphatically in the past ten years as has that business-related services. Regardless of its growing overall economic importance, official statistics fail to provide economic researchers and economic policy with current data on the...
Persistent link: https://www.econbiz.de/10013428318