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-connected information sources, implying a pattern of "overshooting" beliefs. Additionally, in an experimental asset market, correlation …
Persistent link: https://www.econbiz.de/10013082140
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/10013154992
Correlations between parent and child earnings reflect intergenerational mobility and, more broadly, correlations between siblings' earnings reflect shared community and family background. These earnings relationships capture important aspects of relations in socioeconomic status more generally....
Persistent link: https://www.econbiz.de/10012956019
Instrumental variables (IV) is an indispensable tool for establishing causal relationships between variables. Recent work has focused on improving bounds for cases when an ideal instrument does not exist. We leverage a principle, "Intransitivity in Correlations," related to an under-utilized...
Persistent link: https://www.econbiz.de/10012959663
This research examines wage differentials associated to different collective bargaining regimes in Spain and their evolution over time based on matched employer-employee microdata. The primary objective is to analyse the wage differentials associated to the presence of a firm-level agreement and...
Persistent link: https://www.econbiz.de/10012894560
sensitive to how educational categories are chosen. We also find no evidence that the correlation between spouses' potential …
Persistent link: https://www.econbiz.de/10012977330
era, but has grown to its highest levels in the period since 1980. The correlation is particularly strong in Anglo …
Persistent link: https://www.econbiz.de/10013002440
This paper contributes to the development-health literature by studying the correlation between development measures … introduction of a channel for the significant health-wealth correlation, speculating that the driving forces are psychological …
Persistent link: https://www.econbiz.de/10012861278
after having children. The simple conditional correlation between children and earnings is positive. When only variation …
Persistent link: https://www.econbiz.de/10013055219
principal component across all outcomes, we obtain a sibling correlation of about 53%. These estimates, which are larger than …
Persistent link: https://www.econbiz.de/10013042977