Showing 1 - 10 of 34
housing price equations, an analysis of speeding tickets, the issue of trade creation and trade diversion that result from …
Persistent link: https://www.econbiz.de/10010489608
It is standard practice in applied work to rely on linear least squares regression to estimate the effect of a binary variable ("treatment") on some outcome of interest. In this paper I study the interpretation of the regression estimand when treatment effects are in fact heterogeneous. I show...
Persistent link: https://www.econbiz.de/10011387124
Applied work often studies the effect of a binary variable ("treatment") using linear models with additive effects. I … study the interpretation of the OLS estimands in such models when treatment effects are heterogeneous. I show that the …
Persistent link: https://www.econbiz.de/10012227296
The Hicksian definition of complementarity and substitutability may not apply in contexts in which agents are not utility maximisers or where price or income variations, whether implicit or explicit, are not available. We look for tools to identify complementarity and substitutability satisfying...
Persistent link: https://www.econbiz.de/10011795820
The elasticities of taxable and broad income are key parameters in tax policy analysis. To examine the large variation … in estimates found in the literature, I conduct a comprehensive meta-regression analysis using information from 51 … restrictions and variations across countries and time. Moreover, I provide descriptive evidence of the correlation between …
Persistent link: https://www.econbiz.de/10011949525
positive correlation between the cyclicality of real wages and employment, suggesting that policy complementarities may … correlation ; labour market institutions …
Persistent link: https://www.econbiz.de/10003784405
We show that the length of compulsory education has a causal impact on regional labour mobility. The analysis is based …
Persistent link: https://www.econbiz.de/10003778862
maximum canonical correlation between pairs of discrete variables. We also propose a trace canonical correlation test using … another sequence of discrete random variables as in tests of market timing skills or business cycle analysis. The proposed …
Persistent link: https://www.econbiz.de/10003344606
The recent literature on instrumental variables (IV) features models in which agents sort into treatment status on the … acted on by them may not be known by the observing economist. Such models are called correlated random coefficient models …
Persistent link: https://www.econbiz.de/10003907131
This paper considers a multivariate t version of the Gaussian dynamic conditional correlation (DCC) model proposed by …
Persistent link: https://www.econbiz.de/10003586562