Showing 1 - 10 of 1,378
We consider collective decision problems given by a profile of single-peakedpreferences defined over the real line and a set of pure public facilities to be located on the line. In this context, Bochet and Gordon (2012) provide a large class of priority rules based on efficiency,...
Persistent link: https://www.econbiz.de/10010932923
Maximum-likelihood estimation of nonlinear models with fixed effects is subject to the incidental-parameter problem. This typically implies that point estimates suffer from large bias and confidence intervals have poor coverage. This paper presents a jackknife method to reduce this bias and to...
Persistent link: https://www.econbiz.de/10010932924
This paper establishes that production unbundling has coincided with an inscreasing role of input costs in shaping the pattern of comparative advantage. I show that the wedge in the cost of the input bundle across countries in a multisectoral Ricardian model is given by a composite index of...
Persistent link: https://www.econbiz.de/10010932925
We calculate the bias of the profile score for the regression coefficients in a multistratum autoregressive model with stratum-specific intercepts. The bias is free of incidental parameters. Centering the profile score delivers an unbiased estimating equation and, upon integration, an adjusted...
Persistent link: https://www.econbiz.de/10010932926
We investigate the links between capital cities, conict, and the quality of governance, starting from the assumption that incumbent elites are constrained by the threat of insurrection, and that this threat is rendered less e_ective by distance from the seat of political power. We develop a...
Persistent link: https://www.econbiz.de/10010934664
We provide a first comprehensive account of the dynamics of Eurozone countries from the creation of the Euro to the Great recession. We model each country as an open economy within a monetary union and analyze the dynamics of private leverage, fiscal policy and spreads. Our parsimonious model...
Persistent link: https://www.econbiz.de/10010934665
Performance-based financing becomes a common strategy to improve health sector quality. The findings of this paper imply that performance-based financing should take motivational effects and levels of provider capacity into account. Using a field experiment in the Democratic Republic of Congo,...
Persistent link: https://www.econbiz.de/10010936506
We show that isolated capital cities are robustly associated with greater levels of corruption across US states, in line with the view that spatial distance between citizens and the seat of political power reduces accountability, and in contrast with the alternative hypothesis that keeping...
Persistent link: https://www.econbiz.de/10010936507
If policy-makers care about well-being, they need a recursive model of how adult life satisfaction is predicted by childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the British Cohort Study (1970).The most powerful childhood...
Persistent link: https://www.econbiz.de/10010937199
This paper explores the impact of input-trade liberalization on imported input and exported product prices. Using Chinese transaction data for 2000-2006, we capture causal effects between exogenous input tarif reductions and within firm changes in HS6 traded product prices. Identifcation is...
Persistent link: https://www.econbiz.de/10010937200