Showing 1 - 10 of 2,646
We propose a specification test for a wide range of parametric models for the conditional distribution function of an outcome variable given a vector of covariates. The test is based on the Cramer-von Mises distance between an unrestricted estimate of the joint distribution function of the data,...
Persistent link: https://www.econbiz.de/10010282420
The identification of average causal effects of a treatment in observational studies is typically based either on the unconfoundedness assumption or on the availability of an instrument. When available, instruments may also be used to test for the unconfoundedness assumption (exogeneity of the...
Persistent link: https://www.econbiz.de/10010284025
consistent with economic theory. The general model we suggest may provide future research with an interesting setting to test …
Persistent link: https://www.econbiz.de/10010262185
This paper develops and tests a new model of asymmetric information in the labour market involving employer learning. In the model, I provide theoretical conditions for the identification – based on the experience and tenure profiles of estimated returns to ability and education – of...
Persistent link: https://www.econbiz.de/10010262759
units are available over time. We lay out the theory underlying SDID, both when there is a single treatment adoption date … and when adoption is staggered over time, and discuss estimation and inference in each of these cases. We introduce the … sdid command which implements these methods in Stata, and provide a number of examples of use, discussing estimation …
Persistent link: https://www.econbiz.de/10014296651
We assess the labour supply effects of two 'making work pay' reforms in Germany. We provide evidence in favour of policies that distinguish between low effort and low productivity by targeting individuals with low wages rather than individuals with low earnings. In assessing the policies we...
Persistent link: https://www.econbiz.de/10010267602
This paper contributes to the literature on specific deterrence by addressing the issue of selecting adolescents into adult and juvenile law systems. In Germany, different from the U.S. and most other countries, turning a critical cutoff age does not cause a sharp discontinuity from juvenile to...
Persistent link: https://www.econbiz.de/10010274674
This paper compares models used to explain OECD unemployment. The models suggest that the ?natural rate of unemployment? has been driven up mainly by wage push factors. Panel data on twenty-two OECD countries are used to investigate the explanatory power of these models over the past two...
Persistent link: https://www.econbiz.de/10010261916
Several theoretical contributions, starting with McElroy and Horney (1981) and Manser and Brown (1980), have suggested to model household behavior as a Nash-bargaining game. Since then, very few attempts have been made to operationalize cooperative models of household labor supply for policy...
Persistent link: https://www.econbiz.de/10010262203
A large part of the recent literature on program evaluation has focused on estimation of the average effect of the …
Persistent link: https://www.econbiz.de/10010267658