Showing 1 - 10 of 1,669
This paper describes a semiparametric Bayesian method for analyzing duration data. The proposed estimator specifies a complete functional form for duration spells, but allows flexibility by introducing an individual heterogeneity term, which follows a Dirichlet mixture distribution. I show how...
Persistent link: https://www.econbiz.de/10010276176
A number of studies suggest that mortality rates among East German men increased in the wake of reunification, in … mortality and cause of death statistics based on detailed regional data. The results indicate that there was indeed an increase … in mortality rates which cannot be dismissed as a statistical artefact. Next, the paper discusses various theories …
Persistent link: https://www.econbiz.de/10010262254
In recent years there has been increasing concern about the identification of parameters in dynamic stochastic general equilibrium (DSGE) models. Given the structure of DSGE models it may be difficult to determine whether a parameter is identified. For the researcher using Bayesian methods, a...
Persistent link: https://www.econbiz.de/10010278760
assumptions which are consistent with economic theory, e.g. log-normally distributed consumption preferences, the Bayesian method …
Persistent link: https://www.econbiz.de/10010282308
This paper provides a novel approach to forecasting time series subject to discrete structural breaks. We propose a Bayesian estimation and prediction procedure that allows for the possibility of new breaks over the forecast horizon, taking account of the size and duration of past breaks (if...
Persistent link: https://www.econbiz.de/10010276180
mortality. The authors test the hypothesis that selection during famine changes the frailty distributions of cohorts and may … hide negative long-term effects. They use death counts from age 60+ from the Human Mortality Data Base for the birth …. Statistically, long-term effects of famine on mortality become only visible when changes in the frailty distribution of cohorts are …
Persistent link: https://www.econbiz.de/10010278522
Case and Deaton (2015) document that, since 1998, midlife mortality rates are increasing for white non-Hispanics in the … despair, and by the subgroup of low-educated individuals. In contrast, average mortality for middle-aged men and women … continued to decrease in several other high-income countries including Germany. However, average mortality rates can disguise …
Persistent link: https://www.econbiz.de/10012005818
We study the impact of social health insurance on mortality. Using the introduction of compulsory health insurance in … significant mortality reduction. Despite the absence of antibiotics and most vaccines, we find the results to be largely driven by …
Persistent link: https://www.econbiz.de/10011931593
at age 40 to 50. However, we show that among infants, children, and young adults, mortality has been falling more quickly … in poorer areas with the result that inequality in mortality has fallen substantially over time. This is an important … that today's children are likely to face considerably less inequality in mortality as they age than current adults. We also …
Persistent link: https://www.econbiz.de/10011494275
This study uses German social security records to provide novel evidence about the heterogeneity in life expectancy by lifetime earnings and, additionally, documents the distributional implications of this earnings-related heterogeneity. We find a strong association between lifetime earnings and...
Persistent link: https://www.econbiz.de/10011786971