Similar Search Results

Regression Kink Design : Theory and Practice

Card, David E. - 2016

nonparametric estimation (e.g. Imbens et al. (2012) and Calonico et al. (2014)) are sometimes interpreted by practitioners as … pointing to a default estimation procedure, we show that in any given application different procedures may perform better or …

Persistent link: https://www.econbiz.de/10012980189

Nonlinear Policy Rules and the Identification and Estimation of Causal Effects in a Generalized Regression Kink Design

Card, David E. - 2012

We consider nonparametric identification and estimation in a nonseparable model where a continuous regressor of … endogenous assignment variable (like previous earnings). We provide new results on identification and estimation for these …

Persistent link: https://www.econbiz.de/10013097659

The Effects of Quasi-Random Monetary Experiments

Jordà, Òscar - 2017

The trilemma of international finance explains why interest rates in countries that fix their exchange rates and allow unfettered cross-border capital flows are largely outside the monetary authority's control. Using historical panel-data since 1870 and using the trilemma mechanism to construct...

Persistent link: https://www.econbiz.de/10012964905

How Do Patents Affect Research Investments?

Williams, Heidi - 2017

While patent systems have been widely used both historically and internationally, there is nonetheless a tremendous amount of controversy over whether patent systems – in practice – improve the alignment between private returns and social contributions. In this paper, I describe three...

Persistent link: https://www.econbiz.de/10012964879

ICT, R&D and Organizational Innovation : Exploring Complementarities in Investment and Production

Mohnen, Pierre A. - 2018

, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three … investment decisions are complementary, in the sense that investing in one increases the probability of investing in another one …

Persistent link: https://www.econbiz.de/10012911090

Upstream Product Market Regulations, ICT, R&D and Productivity

Cette, Gilbert - 2015

Our study aims at assessing the actual importance of the two main channels usually contemplated in the literature through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in ICT. We thus estimate what are the specific impacts of...

Persistent link: https://www.econbiz.de/10013034911

Using Matching, Instrumental Variables and Control Functions to Estimate Economic Choice Models

Heckman, James J.; Navarro, Salvador - 2022

selection) in matching, instrumental variable and control functions methods. (2) It contrasts the roles of exclusion … restrictions in matching and selection models. (3) It characterizes the sensitivity of matching to the choice of conditioning …. (4) It demonstrates the problem of choosing the conditioning variables in matching and the failure of conventional model …

Persistent link: https://www.econbiz.de/10013311183

Spurring Job Creation in Response to Severe Recessions : Reconsidering Hiring Credits

Neumark, David - 2011

The continuing adverse labor market effects of the Great Recession have intensified interest in policy efforts to spur job creation. In periods when labor demand and supply are in balance, either hiring credits or worker subsidies can be used to boost employment - hiring credits by reducing...

Persistent link: https://www.econbiz.de/10013128608

Viewpoint : The Human Capital Approach to Inference

MacLeod, W. Bentley - 2016

The purpose of this essay is to discuss two approaches to inference, and how "human capital" can provide a way to combine them. The first approach, ubiquitous in economics, is based upon the Rubin/Holland potential outcomes model and relies upon randomized treatment to measure the causal effect...

Persistent link: https://www.econbiz.de/10012995971

Balancing, Regression, Difference-in-Differences and Synthetic Control Methods : A Synthesis

Doudchenko, Nikolay - 2016

In a seminal paper Abadie et al (2010) develop the synthetic control procedure for estimating the effect of a treatment, in the presence of a single treated unit and a number of control units, with pre-treatment outcomes observed for all units. The method constructs a set of weights such that...

Persistent link: https://www.econbiz.de/10012980180