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An interaction in a fixed effects (FE) regression is usually specified by demeaning the product term. However, this strategy does not yield a genuine within estimator. Instead, an estimator is produced that reflects unit-level differences of interacted variables whose moderators vary within...
Persistent link: https://www.econbiz.de/10011880691
(the DM). We use monthly data from 1975:01 to 2007:12. Applying a novel time-varying coefficient estimation approach, we …
Persistent link: https://www.econbiz.de/10003898577
Signature requirements are often used as hurdles to prevent overuse of public referenda. We evaluate the causal effect of lowering signature requirements on the number of observed citizen initiatives. Based on municipality-level data for Germany, we make use of legislative changes at specific...
Persistent link: https://www.econbiz.de/10009771888
positive effect of self-employment on economic development in the GWR estimation have, on average, a lower self-employment rate …
Persistent link: https://www.econbiz.de/10009722294
Foundational to the discipline of management is the idea that organizational decisions are a function of expected outcomes; hence, the customary empirical approach to employ multivariate techniques that regress performance outcome variables on discrete measures of organizational choices (e.g.,...
Persistent link: https://www.econbiz.de/10010501252
This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort-specific pension reform for women using two complementary empirical approaches - a Regression Discontinuity Design and a Difference-in- Differences approach. The analysis is based on...
Persistent link: https://www.econbiz.de/10012671875
Part-time work has vastly expanded in most OECD labor markets during the last decades. At the same time, full- and part-time wages have grown increasingly apart, leading to a substantial raw part-time wage penalty. Using quantile regression methods, this paper analyses the female part-time wage...
Persistent link: https://www.econbiz.de/10011977492
This article proposes an estimation approach for panel models with mixed continuous and ordered categorical outcomes … qualification in terms of income and perceived job security in a nine-year period based on the German Socio-Economic Panel (SOEP …
Persistent link: https://www.econbiz.de/10003304412
We examine real business cycle convergence for 41 euro area regions and 48 US states. Results obtained by a panel model … ; spatial correlation ; spatial panel model …
Persistent link: https://www.econbiz.de/10003807457
wealth approximated by price indices for a panel of industrialized countries. Consumption, income and wealth are cointegrated … income hypothesis ; panel cointegration ; wealth effects …
Persistent link: https://www.econbiz.de/10003823967