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Maximum likelihood estimation and lagrange multiplier tests for panel seemingly unrelated regressions with spatial lag and spatial errors : an application to hedonic housing prices...
Baltagi, Badi H.; Bresson, Georges - 2010
This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification … spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …
Persistent link: https://www.econbiz.de/10009013035
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Private wealth and planned early retirement : a panel data analysis for the Netherlands, 1994 - 2009
Ooijen, Raun van; Mastrogiacomo, Mauro; Euwals, Rob - 2010
heterogeneity in the disutility of work by using panel data techniques. Next, we exploit information on expected wealth accumulation …
Persistent link: https://www.econbiz.de/10009312953
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Household entrepreneurship and social networks : panel data evidence from Vietnam
Nguyen Huu Chi; Nordman, Christophe J. - 2017
Using a unique panel of household businesses for Vietnam, this paper sheds light on the links between households' and …
Persistent link: https://www.econbiz.de/10011596173
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Does class size matter for school tracking outcomes after elementary school? : quasi-experimental evidence using administrative panel data from Germany
Argaw, Bethlehem Asres; Puhani, Patrick A. - 2017
We use administrative panel data on about a quarter of a million students in the German state of Hesse to estimate the …
Persistent link: https://www.econbiz.de/10011775947
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Immigration and housing rents in American cities
Saiz, Albert (contributor) - 2006
Is there a local economic impact of immigration? Immigration pushes up rents and housing values in US destination cities. The positive association of rent growth and immigrant inflows is pervasive in time series for all metropolitan areas. I use instrumental variables based on a "shift-share" of...
Persistent link: https://www.econbiz.de/10003339782
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Neighborhood diversity and the appreciation of native- and immigrant-owned homes
Cobb-Clark, Deborah A.; Sinning, Mathias G. - 2009
This paper examines the effect of neighborhood diversity on the nativity gap in home-value appreciation in Australia. Specifically, immigrant homeowners experienced a 41.7 percent increase in median home values between 2001 and 2006, while the median value of housing owned by the native-born...
Persistent link: https://www.econbiz.de/10003901993
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Instability of the Eurozone? : On monetary policy, house prices and labor market reforms
Belke, Ansgar (contributor); Gros, Daniel (contributor) - 2007
"This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...
Persistent link: https://www.econbiz.de/10003429626
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A spatio-temporal model of house prices in the US
Holly, Sean (contributor); Pesaran, M. Hashem (contributor);  … - 2006
The purpose of this paper is to apply recent advances in the econometrics of panel data to a problem that has a clear …
Persistent link: https://www.econbiz.de/10003473888
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Spatial and temporal diffusion of house prices in the UK
Holly, Sean; Pesaran, M. Hashem; Yamagata, Takashi - 2010
This paper provides a method for the analysis of the spatial and temporal diffusion of shocks in a dynamic system. We use changes in real house prices within the UK economy at the level of regions to illustrate its use. Adjustment to shocks involves both a region specific and a spatial effect....
Persistent link: https://www.econbiz.de/10003934196
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Valuing school quality via a school choice reform
Machin, Stephen; Salvanes, Kjell G. - 2010
Among policymakers, educators and economists there remains a strong, sometimes heated, debate on the extent to which good schools matter. This is seen, for instance, in the strong trend towards establishing accountability systems in education in many countries across the world. In this paper, in...
Persistent link: https://www.econbiz.de/10003937053