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This article estimates a dynamic reduced-form model of intra-firm promotions using an employer-employee panel of over 300 of the largest corporations in the U.S. in the period from 1981 to 1988. The estimation conditions on unobserved individual heterogeneity and allows for both an endogenous...
Persistent link: https://www.econbiz.de/10013098819
In this paper we explore the impact of birth weight on children's cognitive and behavioural outcomes using data from the UK Millennium Cohort Study. In order to deal with the endogeneity of birth weight we use an estimator based on the eliminant method. When coupled with ordinary least squares,...
Persistent link: https://www.econbiz.de/10013158091
degree of confidence (a measure of spread) and the incidence of over (and under) estimation. I find that the future component … evidence of some over-estimation. The degree of confidence is high and implies that agents have a substantial amount of inside …
Persistent link: https://www.econbiz.de/10013317008
We employ a behavioural measure of trustworthiness obtained from an experiment carried out with a sample of the general British population whose individuals were extensively interviewed on earlier occasions. These previous interviews allow us to have very good income measures, and in particular...
Persistent link: https://www.econbiz.de/10013127916
In this paper we present the design of a two-stage experiment which aims to measure trusting and trustworthiness in a representative sample of the British population. In the first part we discuss the shortcomings of the most common design of the "trust-game" experiment in eliciting information...
Persistent link: https://www.econbiz.de/10013317525
We formulate an empirical model of promotion with dynamic self-selection where the current promotion probability depends on the hierarchical level in the firm, individual human capital, unobserved (to the econometrician) individual specific attributes, time varying firm specific variables (firm...
Persistent link: https://www.econbiz.de/10013319515