Showing 1 - 10 of 171
nonparametric bounds analysis based on Manski and Pepper (2000), using the most recent version of the Wisconsin Longitudinal Study …'s schooling as for the effect of father's schooling the nonparametric upper bounds are significantly lower than the OLS results. …
Persistent link: https://www.econbiz.de/10010325931
We apply a partial identification analysis using comprehensive Norwegian register data to investigate the causal effect of father's income on child income. We find a strong association between the incomes of fathers and children. The causal effect, however, equals at least 1% and at most 51% of...
Persistent link: https://www.econbiz.de/10015165424
from this basic requirement by presenting an algorithm for nonparametric estimation of conditional quantiles when both the …
Persistent link: https://www.econbiz.de/10010325868
This paper proposes the use of a double correlation coefficient as a nonpara- metric measure of phase-dependence in time-varying correlations. An asymp- totically Gaussian test statistic for the null hypothesis of no phase-dependence is derived from the proposed measure. Finite-sample...
Persistent link: https://www.econbiz.de/10010326284
This paper provides new insights on the importance of family background by linking 1.7 million Dutch children's incomes to an exceptionally rich set of family characteristics - including income, wealth, education, occupation, crime, and health. Using a machine learning approach, I show that...
Persistent link: https://www.econbiz.de/10015209973
This paper formulates a simple skill and education model to explain how better access to higher education leads to stronger assortative mating on skills of parents and more polarized skill and earnings distributions of children. Swedish data show that in the second half of the 20th century more...
Persistent link: https://www.econbiz.de/10014321773
We analyse the evolving impact of family background on educational attainment using administrative data on 2,417,460 individuals from 1,341,403 families born in the Netherlands between 1966 and 1995. Comparisons between parents and their children reveal intergenerational elasticities between...
Persistent link: https://www.econbiz.de/10014469865
Parental entrepreneurship is a strong, probably the strongest, determinant of own entrepreneurship. We explore the origins of this intergenerational association in entrepreneurship. In particular, we identify the separate effects of pre- and post-birth factors (nature and nurture), by using a...
Persistent link: https://www.econbiz.de/10010326312
nonparametric bounds analysis based on Manski and Pepper (2000), using the most recent version of the Wisconsin Longitudinal Study …'s schooling as for the effect of father's schooling the nonparametric upper bounds are significantly lower than the OLS results …
Persistent link: https://www.econbiz.de/10014047426
We propose an instrument to measure individuals' social preferences regarding equity and efficiency behind a veil of ignorance. We pair portfolio and wealth distribution choice problems which have a common budget set. For a given bundle, the distribution over an individual's wealth is the same...
Persistent link: https://www.econbiz.de/10011932358