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Nonresponse and Focal Point Answers to Subjective Probability Questions

Kleinjans, Kristin J. - 2010

We develop and estimate a panel data model explaining the answers to questions about subjective probabilities, using …

Persistent link: https://www.econbiz.de/10013136709

A Theory for Ranking Distribution Functions

Aaberge, Rolf - 2014

rather than another.In this paper, we develop a theory for ranking distribution functions. Our theory offers a general … distribution theory for empirical dominance criteria where it is demonstrated that the associated empirical processes converge in …

Persistent link: https://www.econbiz.de/10013061933

Gambling Habits and Probability Judgements in a Bayesian Task Environment

Dickinson, David L.; Reid, Parker - 2023

Little is known about how gamblers estimate probabilities from multiple information sources. This paper reports on a preregistered study that administered an incentivized Bayesian choice task to n=465 participants (self-reported gamblers and non-gamblers). Our data failed to support our main...

Persistent link: https://www.econbiz.de/10014346673

Testing for Restricted Stochastic Dominance

Davidson, Russell; Duclos, Jean-Yves - 2006

Asymptotic and bootstrap tests are studied for testing whether there is a relation of stochastic dominance between two distributions. These tests have a null hypothesis of nondominance, with the advantage that, if this null is rejected, then all that is left is dominance. This also leads us to...

Persistent link: https://www.econbiz.de/10014059083

Diagnostic Tests of Cross Section Independence for Nonlinear Panel Data Models

Hsiao, Cheng; Pesaran, M. Hashem; Pick, Andreas - 2014

In this paper we discuss tests for residual cross section dependence in nonlinear panel data models. The tests are …

Persistent link: https://www.econbiz.de/10014051110

Temporary International Migration, Shocks and Informal Insurance : Analysis Using Panel Data

Chakraborty, Tanika; Pandey, Manish - 2021

We use panel data for rural Kyrgyzstan to examine households' international migration response when faced with shocks …

Persistent link: https://www.econbiz.de/10013250256

A Simple Method to Estimate Large Fixed Effects Models Applied to Wage Determinants and Matching

Mittag, Nikolas - 2017

Models with high dimensional sets of fixed effects are frequently used to examine, among others, linked employer-employee data, student outcomes and migration. Estimating these models is computationally difficult, so simplifying assumptions that are likely to cause bias are often invoked to make...

Persistent link: https://www.econbiz.de/10012966061

Comparing Retrospective and Panel Data Collection Methods to Assess Labor Market Dynamics

Assaad, Ragui A. - 2017

There is potential for measurement problems in both retrospective and panel microdata. In this paper we compare results … on basic indicators related to labor markets and their dynamics from retrospective and panel survey data in Egypt, in … of reporting of time-invariant characteristics in different waves of the panel, (2) compare the retrospective and panel …

Persistent link: https://www.econbiz.de/10012946570

How Important are Fixed Effects and Time Trends in Estimating Returns to Schooling? Evidence from a Replication of Jacobson, Lalonde and Sullivan, 2005

Dynarski, Susan M. - 2018

A substantial and rapidly growing literature has developed around estimating earnings gains from two-year college degrees using administrative data. These papers almost universally employ a person-level fixed effects strategy to estimate earnings premia net of fixed attributes. We note that the...

Persistent link: https://www.econbiz.de/10012906533

Maximum Likelihood Estimation and Lagrange Multiplier Tests for Panel Seemingly Unrelated Regressions with Spatial Lag and Spatial Errors : An Application to Hedonic Housing Prices...

Baltagi, Badi H. - 2010

This paper proposes maximum likelihood estimators for panel seemingly unrelated regressions with both spatial lag and … spatial lag dependent variable and where the heterogeneity in the panel is incorporated via an error component specification … spatial autocorrelation and random effects for this spatial SUR panel model. The small sample performance of the proposed …

Persistent link: https://www.econbiz.de/10013137243