Showing 1 - 10 of 208
The assumption that the assignment to treatments is ignorable conditional on attributes plays an important role in the applied statistic and econometric evaluation literature. Another term for it is conditional independence assumption. This paper discusses identification when there are more than...
Persistent link: https://www.econbiz.de/10010262311
This paper examines alternative forms of match bias arising from earnings imputation. Wage equation parameters are … imputation match criteria (e.g., union status) are severely biased. Related forms of match bias arise with respect to attributes … used as match criteria, but matched imperfectly. For example, an imperfect match on schooling creates bias that flattens …
Persistent link: https://www.econbiz.de/10010267423
Haavelmo's seminal 1943 paper is the first rigorous treatment of causality. In it, he distinguished the definition of causal parameters from their identification. He showed that causal parameters are de fined using hypothetical models that assign variation to some of the inputs determining...
Persistent link: https://www.econbiz.de/10010329149
This paper considers the implications of the permanent/transitory decomposition of shocks for identification of structural models in the general case where the model might contain more than one permanent structural shock. It provides a simple and intuitive generalization of the influential work...
Persistent link: https://www.econbiz.de/10005822651
Although it is now widely-accepted that unemployment is associated with sharply lower levels of individual well-being, relatively little is known about how this effect depends on unemployment duration. Data from three large-scale European panels is used to shed light on this issue; these data...
Persistent link: https://www.econbiz.de/10005822665
We develop a new approach to the decomposition of income risk within a nonstationary model of intertemporal choice. The approach allows for changes in income risk over the life-cycle and with the business cycle. It requires only repeated cross-section data and can allow for mixtures of...
Persistent link: https://www.econbiz.de/10009371904
adjust for reporting bias. We use three alternative restrictions to identify the effect of mental disorders on educational …
Persistent link: https://www.econbiz.de/10009225773
How does class size in compulsory school affect peoples' long run education and earnings? We use maximum class size rules and Norwegian administrative registries allowing us to observe outcomes up to age 48. We do not find any indication of beneficial effects of class size reduction in...
Persistent link: https://www.econbiz.de/10011653322
H. Theil has made important contributions to the analysis of simultaneous-equations models. This paper gives an exposition of some closely related recent developments in microeconometrics, with a focus on efforts to develop robust methods for dynamic policy evaluation. We set the stage with a...
Persistent link: https://www.econbiz.de/10010261541
This paper considers the allocation of labour on the French and British markets, using objective wage and subjective satisfaction data. We show that, in some sectors, workers enjoy both higher wages and higher job satisfaction. We argue that this reflects labour market wage rents. Perhaps...
Persistent link: https://www.econbiz.de/10010262172