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When Should You Adjust Standard Errors for Clustering?

Abadie, Alberto - 2017

. In this paper, we argue that clustering is in essence a design problem, either a sampling design or an experimental … design issue. It is a sampling design issue if sampling follows a two stage process where in the first stage, a subset of …

Persistent link: https://www.econbiz.de/10012453710

Expanding the Measurement of Culture with a Sample of Two Billion Humans

Obradovich, Nick - 2020

by the currently available measurement instruments. Scholars of culture must regularly choose between scalable but sparse … can advance the study of human culture by providing quantitative, scalable, and high-resolution measurement of … calculated from this measurement instrument correspond to traditional survey-based and objective measures of cross …

Persistent link: https://www.econbiz.de/10012481130

Measuring the Unequal Gains from Trade

Fajgelbaum, Pablo D. - 2014

Individuals that consume different baskets of goods are differentially affected by relative price changes caused by international trade. We develop a methodology to measure the unequal gains from trade across consumers within countries. The approach requires data on aggregate expenditures and...

Persistent link: https://www.econbiz.de/10012458336

Intrahousehold Inequality

Chiappori, Pierre-André - 2014

Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element of the distribution of welfare that can vary dramatically depending on overall environmental and economic factors. Thus, measures of inequality that ignore intra household...

Persistent link: https://www.econbiz.de/10012458473

A New Framework for the Analysis of Inequality

Cunha, Flavio - 2006

This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty...

Persistent link: https://www.econbiz.de/10012466145

Why Measure Inequality?

Kaplow, Louis - 2002

A large body of literature is devoted to the measurement of income inequality, yet little attention is given to the … question, Why measure inequality? However, the reasons for measurement bear importantly on whether and how measurement should … of the sort that are emphasized in the existing measurement literature. Measures of poverty are also considered, and …

Persistent link: https://www.econbiz.de/10012469364

Redistribution through Education and Other Transfer Mechanisms

Hanushek, Eric - 2001

Educational subsidies are frequently justified as a method of altering the income distribution. It is thus natural to compare education to other tax-transfer schemes designed to achieve distributional objectives. While equity-efficiency trade-offs are frequently discussed, they are rarely...

Persistent link: https://www.econbiz.de/10012470128

Sequential Monte Carlo Sampling for DSGE Models

Herbst, Edward P. - 2013

We develop a sequential Monte Carlo (SMC) algorithm for estimating Bayesian dynamic stochastic general equilibrium (DSGE) models, wherein a particle approximation to the posterior is built iteratively through tempering the likelihood. Using three examples consisting of an artificial state-space...

Persistent link: https://www.econbiz.de/10012459510

Bayesian Estimation of Epidemiological Models : Methods, Causality, and Policy Trade-Offs

Arias, Jonas E.; Fernández-Villaverde, Jesús; … - National Bureau of Economic Research - 2021

We present a general framework for Bayesian estimation and causality assessment in epidemiological models. The key to our approach is the use of sequential Monte Carlo methods to evaluate the likelihood of a generic epidemiological model. Once we have the likelihood, we specify priors and rely...

Persistent link: https://www.econbiz.de/10012496171

Measuring Total Household Spending in a Monthly Internet Survey : Evidence from the American Life Panel

Hurd, Michael D. - 2012

Beginning in May 2009 we fielded a monthly Internet survey designed to measure total household spending as the aggregate of about 40 spending components. This paper reports on a number of outcomes from 30 waves of data collection. These outcomes include sample attrition, indicators of data...

Persistent link: https://www.econbiz.de/10012460685