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Compulsory Schooling Laws and Formation of Beliefs : Education, Religion and Superstition

Mocan, Naci - 2014

We exploit information on compulsory schooling reforms in 11 European countries, implemented mostly in the 1960s and 70s, to identify the impact of education on religious adherence and religious practices. Using micro data from the European Social Survey, conducted in various years between 2002...

Persistent link: https://www.econbiz.de/10012458108

Labor Market Matching, Wages, and Amenities

Lamadon, Thibaut; Lise, Jeremy; Meghir, Costas; Robin, … - National Bureau of Economic Research - 2024

This paper develops the nonparametric identification of models with production complementarities, worker-firm specific disutility of labor and search frictions. Mobility in the model is subject to preference shocks, and we assume that firms can write wage contracts. We develop a constructive...

Persistent link: https://www.econbiz.de/10014635650

Accounting for the Black-White Wealth Gap : A Nonparametric Approach

Barsky, Robert - 2001

This paper notes a potential problem in the method of Blinder and Oaxaca the most popular method in the literature for decomposing the mean difference between groups of a given variable into the portion attributable to differences in the distribution of some explanatory variables and differences...

Persistent link: https://www.econbiz.de/10012470252

Common Sense and Simplicity in Empirical Industrial Organization

Pakes, Ariel - 2003

Conference in Boston, April 2003. I argue that new econometric tools have facilitated the estimation of models with realistic … environmental changes. The paper provides examples illustrating the value of simulation for the estimation of demand systems and of … semiparametrics for the estimation of entry models …

Persistent link: https://www.econbiz.de/10012468540

Decomposing Medical-Care Expenditure Growth

Dunn, Abe - 2017

Medical-care expenditures have been rising rapidly, accounting for over 17 percent of GDP in 2012. In this study, we assess the sources of the rising medical-care expenditures in the commercial sector. We employ a novel framework for decomposing expenditure growth into four components at the...

Persistent link: https://www.econbiz.de/10012455564

Regional Distribution and Dynamics of Human Capital in China 1985-2014 : Education, Urbanization, and Aging of the Population

Li, Haizheng - 2016

Given the challenges in quantifying the role of human capital on economic development, measuring human capital itself becomes an important issue. It is desirable to have a comprehensive human capital measure that goes beyond the traditional measures based on education attainment, yet is...

Persistent link: https://www.econbiz.de/10012455774

Accounting for Changes in Between-Group Inequality

Burstein, Ariel - 2015

We perform a quantitative analysis of observed changes in U.S. between-group inequality between 1984 and 2003. We use an assignment framework with many labor groups, equipment types, and occupations in which changes in inequality are caused by changes in workforce composition, occupation demand,...

Persistent link: https://www.econbiz.de/10012457811

Evaluating the Specification Errors of Asset Pricing Models

Hodrick, Robert J. - 2000

This paper examines the specification errors of several asset pricing models using the methodology of Hansen and Jagannathan (1997) and a common data set. The models are the CAPM, the Consumption CAPM, the Jagannathan and Wang (1996) conditional CAPM, the Campbell (1996) dynamic asset pricing...

Persistent link: https://www.econbiz.de/10012471106

Policy Implications of Models of the Spread of Coronavirus : Perspectives and Opportunities for Economists

Avery, Christopher - 2020

This paper provides a critical review of models of the spread of the coronavirus (SARS-CoV-2) epidemic that have been influential in recent policy decisions. There is tremendous opportunity for social scientists to advance the relevant literature as new and better data becomes available to...

Persistent link: https://www.econbiz.de/10012481964

Monetary Policy Analysis with Potentially Misspecified Models

Del Negro, Marco - 2007

: estimation of parameters that are relevant for policy trade-offs and treatment of estimated deviations from the cross …

Persistent link: https://www.econbiz.de/10012465555

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