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We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require an a priori assumption on the underlying functional form. This approach reveals a plateau completely missed by commonly used (nonlinear) parametric approaches - the economy...
Persistent link: https://www.econbiz.de/10010469680
Persistent link: https://www.econbiz.de/10001978106
This paper proposes new ℓ1-penalized quantile regression estimators for panel data, which explicitly allows for … the techniques to two empirical studies. First, the new method is applied to the estimation of labor supply elasticities …
Persistent link: https://www.econbiz.de/10010238040
declining fertility under certain circumstances. We assess the theoretical implications by investigating panel data for 118 …
Persistent link: https://www.econbiz.de/10009537238
This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data … important determinants of participation, while race is much less important. -- Initial conditions ; missing data ; simulation …
Persistent link: https://www.econbiz.de/10003824296
a simulation study and apply our methods to the evaluation of a policy intervention targeting college achievement, where …
Persistent link: https://www.econbiz.de/10010249397
balanced panel of 73 developed and developing countries to examine the capital-skill complementarity hypothesis. The exercise …
Persistent link: https://www.econbiz.de/10003782486
This paper compares various forecasts using panel data with spatial error correlation. The true data generating process … rather than homogeneous panel data models. -- Forecasting ; BLUP ; panel data ; spatial dependence ; heterogeneity …
Persistent link: https://www.econbiz.de/10003858869
dependent data and allowing for first-step estimation of the propensity score. -- Monetary policy ; propensity score …
Persistent link: https://www.econbiz.de/10003739948
This paper shows nonparametric identification of quantile treatment effects (QTE) in the regression discontinuity design. The distributional impacts of social programs such as welfare, education, training programs and unemployment insurance are of large interest to economists. QTE are an...
Persistent link: https://www.econbiz.de/10003975413