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Persistent link: https://www.econbiz.de/10012775847
This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data …
Persistent link: https://www.econbiz.de/10012764470
This paper builds on the Empirical Monte Carlo simulation approach developed by Huber et al. (2013) to study the …
Persistent link: https://www.econbiz.de/10013251542
We discuss methods for calculating multivariate normal probabilities by simulation and two new Stata programs for this …
Persistent link: https://www.econbiz.de/10013317606
the advantage of being based on a denominator that is bounded away from zero. We use a simulation study and three …
Persistent link: https://www.econbiz.de/10014083732
power. We perform a simulation study and apply the results to a case study where the interest lies in evaluating the effect …
Persistent link: https://www.econbiz.de/10013104053
-time jobs). The most common use of these models is the simulation of tax-transfer reforms. The simulation is usually interpreted … simulation procedure, however, typically keeps fixed the estimated alternative-specific constants. In this note we argue that …-specific constants leads to the development of a simulation procedure consistent with the comparative statics interpretation. The …
Persistent link: https://www.econbiz.de/10013104073
The purpose of this paper is to introduce and adopt a generalised version of Roemer's (1998) Equality of Opportunity (EOp) framework, which we call extended EOp, for analysing second-best optimal income taxation. Unlike the pure EOp criterion of Roemer (1998) the extended EOp criterion allows...
Persistent link: https://www.econbiz.de/10013153308
Currently there is little practical advice on which treatment effect estimator to use when trying to adjust for observable differences. A recent suggestion is to compare the performance of estimators in simulations that somehow mimic the empirical context. Two ways to run such 'empirical Monte...
Persistent link: https://www.econbiz.de/10012938144
models for policy simulation in terms of producing and interpreting simulation outcomes, outlining an extensive literature of …
Persistent link: https://www.econbiz.de/10012917091