Showing 1 - 10 of 250
This article develops a Bayesian approach for estimating panel quantile regression with binary outcomes in the presence …
Persistent link: https://www.econbiz.de/10012163022
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
unions are remarkable: unions in the workplace significantly improve productivity but reduce enterprise profitability …
Persistent link: https://www.econbiz.de/10010229934
In this article we overview nonparametric (spline and kernel) regression methods and illustrate how they may be used in …
Persistent link: https://www.econbiz.de/10011946249
We demonstrate that regression models can be estimated by working independently in a row-wise fashion. We document a … understanding the mechanics of many common regression models. These procedures can be used to speed up the computation of estimates … computed via OLS, IV, Ridge regression, LASSO, Elastic Net, and Non-linear models including probit and logit, with all common …
Persistent link: https://www.econbiz.de/10014437200
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 on a quasi-exogenous staged Norwegian school reform, and register data on the whole population. Based on the results, we conclude that part of the US-Europe difference, as well...
Persistent link: https://www.econbiz.de/10003778862
maximum canonical correlation between pairs of discrete variables. We also propose a trace canonical correlation test using … implement using multivariate regression methods. Monte Carlo experiments show that the proposed tests have good finite sample …
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 basis of gains from treatment as well as on baseline-pretreatment levels. Components of the gains known to the agents and acted on by them may not be known by the observing...
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