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rents flow to women's sports and other men's sports and lead to increased spending on facilities, coaches' salaries, and … other athletic department personnel. Using complete roster data for every student-athlete playing sports at these schools in … collective bargaining agreements in professional sports leagues as a benchmark. We also discuss how our results help understand …
Persistent link: https://www.econbiz.de/10012824285
Despite the clear success of forecast combination in many economic environments, several important issues remain incompletely resolved. The issues relate to selection of the set of forecasts to combine, and whether some form of additional regularization (e.g., shrinkage) is desirable. Against...
Persistent link: https://www.econbiz.de/10012911728
When a rate of return is regressed on a lagged stochastic regressor, such as a dividend yield, the regression … substantially from the standard regression setting. Bayesian posterior distributions for the regression parameters are obtained …
Persistent link: https://www.econbiz.de/10012763765
. Local asymptotic power analysis shows that the power of the long-horizon predictive regression test dominates that of the … these problems, we suggest a moving block recursive Jackknife estimator of the predictive regression slope coefficient and …
Persistent link: https://www.econbiz.de/10012785504
higher bias for an alternative long-horizon predictive regression commonly advocated for in the literature. For large J, the …
Persistent link: https://www.econbiz.de/10013406744
Standard sufficient conditions for identification in the regression discontinuity design are continuity of the …
Persistent link: https://www.econbiz.de/10012777950
represented as the orthogonality between the underlying shocks and a shock-level unobservable. SSIV regression coefficients can … similarly be obtained from an equivalent shock-level regression, motivating shock-level conditions for their consistency. We …
Persistent link: https://www.econbiz.de/10012911479
In the canonical regression discontinuity (RD) design for applicants who face an award or admissions cutoff, causal …
Persistent link: https://www.econbiz.de/10012938588
Participation in social programs is often misreported in survey data, complicating the estimation of the effects of those programs. In this paper, we propose a model to estimate treatment effects under endogenous participation and endogenous misreporting. We show that failure to account for...
Persistent link: https://www.econbiz.de/10012941169
Even though stock returns are not highly autocorrelated, there is a spurious regression bias in predictive regressions … variables interacts with spurious regression bias. The two effects reinforce each other, because more highly persistent series …
Persistent link: https://www.econbiz.de/10012762990