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Scars of recessions in a rigid labor market
Cockx, Bart; Ghirelli, Corinna - 2015
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10010488823
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Inference with arbitrary clustering
Colella, Fabrizio; Lalive, Rafael; Sakalli, Seyhun Orcan; … - 2019
Analyses of spatial or network data are now very common. Nevertheless, statistical inference is challenging since unobserved heterogeneity can be correlated across neighboring observational units. We develop an estimator for the variance-covariance matrix (VCV) of OLS and 2SLS that allows for...
Persistent link: https://www.econbiz.de/10012102134
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Inter-city spillover and intra-city agglomeration effects among local labour markets in China
Gong, Xiaodong; Gao, Jiti; Liang, Xuan - 2019
cities (spill-over effect) in China for the period between 1995 and 2009. Using spatial fixed-effect panel data models and …
Persistent link: https://www.econbiz.de/10012005580
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What drives spatial clusters of entrepreneurship in China? : evidence from economic census data
Liang, Zheng; Zhao, Zhong - 2017
unevenly in China. Using micro data from 2008 economic census and 2005 population census, this paper explains spatial clusters … first to consider both manufacturing and service entrepreneurship in China and should be of interest to both local and …
Persistent link: https://www.econbiz.de/10011737507
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The distribution of ambiguity attitudes
Gaudecker, Hans-Martin von; Wogrolly, Axel; Zimpelmann, … - 2022
health disparities, health behaviors, dynamic demand, side effects, structural models, HIV/AIDSaThis paper analyzes the stability and distribution of ambiguity attitudes using a broad population sample. Using high-powered incentives, we collected six waves of data on ambiguity attitudes about...
Persistent link: https://www.econbiz.de/10013453995
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CEO turnover, firm performance and enterprise reform in China : evidence from new micro data
Kato, Takao (contributor); Long, Cheryl (contributor) - 2006
Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data … listing suspension mechanism, i.e., the ST designation, adopted by China's securities regulatory agency appears to be … literature on economic transition, our findings suggest that any fundamental improvement in China's corporate governance will …
Persistent link: https://www.econbiz.de/10003253453
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Sibling death clustering in India : state dependence vs. unobserved heterogeneity
Arulampalam, Wiji (contributor);  … - 2006
Data from a range of different environments indicate that the incidence of death is not randomly distributed across families but, rather, that there is a clustering of death amongst siblings. A natural explanation of this would be that there are (observed or unobserved) differences across...
Persistent link: https://www.econbiz.de/10003355648
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A comment on variance decomposition and nesting effects in two- and three-level designs
Konstantopoulos, Spyros (contributor) - 2007
Multilevel models are widely used in education and social science research. However, the effects of omitting levels of the hierarchy on the variance decomposition and the clustering effects have not been well documented. This paper discusses how omitting one level in three-level models affects...
Persistent link: https://www.econbiz.de/10003586556
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High-technology entrepreneurship in Silicon Valley
Fairlie, Robert W.; Chatterji, Aaron K. - 2011
The economic expansion of the late 1990s created many opportunities for business creation in Silicon Valley, but the opportunity cost of starting a business was also high during this period because of the exceptionally tight labor market. A new measure of entrepreneurship derived from matching...
Persistent link: https://www.econbiz.de/10009307572
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Geographic proximity, trade and international conflict/cooperation
Robst, John (contributor); Polachek, Solomon W. (contributor) - 2006
This paper examines the interactive effect of distance and trade on international conflict and cooperation. The effect of geographic distance depends on trade, while the effect of trade varies with geographic distance. Trade reduces conflict to a greater extent when dyads are geographically...
Persistent link: https://www.econbiz.de/10003283434