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Some practical guidance for the implementation of propensity score matching
Caliendo, Marco; Kopeinig, Sabine - 2005
researcher has decided to use PSM, he is confronted with a lot of questions regarding its implementation. To begin with, a first …. Each implementation step involves a lot of decisions and different approaches can be thought of. The aim of this paper is … to discuss these implementation issues and give some guidance to researchers who want to use PSM for evaluation purposes. …
Persistent link: https://www.econbiz.de/10010267553
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Hidden action, identification, and organization design
Schnedler, Wendelin - 2010
Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...
Persistent link: https://www.econbiz.de/10010278365
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Education and optimal dynamic taxation
Findeisen, Sebastian; Sachs, Dominik - 2011
optimum. In one implementation there is a common labor income tax schedule, and a repayment schedule for government loans …
Persistent link: https://www.econbiz.de/10010282325
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Education and Optimal Dynamic Taxation
Findeisen, Sebastian; Sachs, Dominik - Institute for the Study of Labor (IZA) - 2011
optimum. In one implementation there is a common labor income tax schedule, and a repayment schedule for government loans …
Persistent link: https://www.econbiz.de/10009359855
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Hidden Action, Identification, and Organization Design
Schnedler, Wendelin - Institute for the Study of Labor (IZA) - 2010
Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...
Persistent link: https://www.econbiz.de/10008727777
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Some Practical Guidance for the Implementation of Propensity Score Matching
Caliendo, Marco; Kopeinig, Sabine - Institute for the Study of Labor (IZA) - 2005
researcher has decided to use PSM, he is confronted with a lot of questions regarding its implementation. To begin with, a first …. Each implementation step involves a lot of decisions and different approaches can be thought of. The aim of this paper is … to discuss these implementation issues and give some guidance to researchers who want to use PSM for evaluation purposes. …
Persistent link: https://www.econbiz.de/10005703025
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Five open questions about prediction markets
Wolfers, Justin; Zitzewitz, Eric - 2006
Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors. This paper outlines five open questions in the literature,...
Persistent link: https://www.econbiz.de/10010267442
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Risk management among the poor: The case of microfinancial services
Arun, Thankom; Bendig, Mirko - 2010
This paper argues that the level of financial services provision determines the risk management strategies among the poor. The paper estimates the determinants of the household's use of one, two or all three types of microfinancial services applying ordered probit models and additionally probit...
Persistent link: https://www.econbiz.de/10010274583
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Workplace heterogeneity and the rise of West German wage inequality
Card, David E.; Heining, Jörg; Kline, Patrick - 2013
We study the role of establishment-specific wage premiums in generating recent increases in West German wage inequality. Models with additive fixed effects for workers and establishments are fit in four sub-intervals spanning the period from 1985 to 2009. We show that these models provide a good...
Persistent link: https://www.econbiz.de/10010293157
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Economic gains from publicly provided education in Germany
Frick, Joachim R.; Grabka, Markus M.; Groh-Samberg, Olaf - 2007
The aim of this paper is to estimate income advantages arising from publicly provided education and to analyse their impact on the income distribution in Germany. Using representative micro-data from the SOEP and considering regional and education-specific variation, from a cross-sectional...
Persistent link: https://www.econbiz.de/10010324269