Showing 81 - 90 of 355
, however, is difficult since it is considered to be an endogenous variable. This study accounts for this endogeneity by using …
Persistent link: https://www.econbiz.de/10011379198
endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial … endogeneity is really present, whether it matters and whether the selected instruments make sense. Using Bayesian methods, we find … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …
Persistent link: https://www.econbiz.de/10011380037
This paper aims to exp1ore the interre1ation between hea1th and work decisions of e1der1y workers, taking the various ways in which hea1th and work can influence each other exp1icitly into account. For this, two issues are of re1evance. Se1f-assessed health measures are usually at hand in...
Persistent link: https://www.econbiz.de/10011326406
Persistent link: https://www.econbiz.de/10009720739
for time-varying parameters, seasonality, data sparsity and position endogeneity. The model also discriminates between …
Persistent link: https://www.econbiz.de/10012057153
In this paper we test for (Generalized) AutoRegressive Conditional Heteroskedasticity [(G)ARCH] in daily data on 22 exchange rates and 13 stock market indices using the standard Lagrange Multiplier [LM] test for GARCH and a LM test that is resistant to patches of additive outliers. The data span...
Persistent link: https://www.econbiz.de/10011284080
In this paper we use Monte Carlo simulation to investigate the impact of effect size heterogeneity on the results of a … effects meta-estimators under three alternative scenarios of effect size heterogeneity. We distinguish heterogeneity in effect … size variance, heterogeneity due to a varying true underlying effect across primary studies, and heterogeneity due to a non …
Persistent link: https://www.econbiz.de/10011372995
Existing indices measuring the spatial distribution of economic activity such as the Krugman Specialisation Index, the Hirschmann-Herfindahl index and the Ellison-Glaeser index typically do not take into account the spatial structure of the data. In this paper, we first consider traditional...
Persistent link: https://www.econbiz.de/10011373826
We propose new scoring rules based on partial likelihood for assessing the relative out-of-sample predictive accuracy of competing density forecasts over a specific region of interest, such as the left tail in financial risk management. By construction, existing scoring rules based on weighted...
Persistent link: https://www.econbiz.de/10011374395
In the physical sciences, order and disorder refer to the presence or absence of some symmetry or correlation in a many-particle system. It follows that it is important to examine whether there is any regularity hidden in the phase transition of the disorder-order relationship. In this paper a...
Persistent link: https://www.econbiz.de/10011376261