Showing 31 - 40 of 179
additional important result is that there is a negative skill-bias associated with embodied technical change. …
Persistent link: https://www.econbiz.de/10010321550
We give general conditions for the data generating process to facilitate the testing of structural dependence of turnover on the average (or median) price in the homogenous housing market. Furthermore, the implications of aggregation over sub-markets is studied. A plausible explanation of the...
Persistent link: https://www.econbiz.de/10010321828
We extend the Tasche (2007) model on the asset correlation bias caused by a currency mismatch between assets and … a foreign currency. To test the significance of the remaining bias we rely on a unique data base constructed by The … correlation bias itself also varies significantly from country to country and has often been economically significant during the …
Persistent link: https://www.econbiz.de/10013208745
less data. The choice of survey mode, therefore, involves a potential tradeoff between bias and variance of estimators. I …
Persistent link: https://www.econbiz.de/10012653498
The calibration approach is suggested in the literature for estimation in sample surveys under non-response given access to suitable auxiliary information. However, missing values in auxiliary information come up as a thorny but realistic problem. This paper considers the consistency of the...
Persistent link: https://www.econbiz.de/10012654402
We use survey data to demonstrate that individuals extrapolate from their peer groups when forming estimates about aggregate economic outcomes (e.g. the aggregate homeownership rate). In a first approach, we follow the previous literature and construct hypothetical peer groups using information...
Persistent link: https://www.econbiz.de/10013370144
There have been many attempts, theoretical and empirical, to explain the persistence of a favorite-longshot bias in … model used fails to allow for the existence of horse betting markets which either display no such bias (or a reverse bias …
Persistent link: https://www.econbiz.de/10010335979
In this paper, we test two different kinds of bias; the favorite-longshot/favorite-underdog and the home team bias, and … types of bias. We conduct our tests by subjecting 2001-2004 data for the AFL to detailed scrutiny, using standard … a bias, we test potential profitability via betting simulation. We are able to reject the existence of any significant …
Persistent link: https://www.econbiz.de/10010336075
same range or larger than the fixed-effects model found. - Parental leave ; gender equality ; earnings …
Persistent link: https://www.econbiz.de/10010273985
This paper investigates whether differential treatment of men and women in the labor market is due to unobservable differences in productivity or if it is motivated by a taste for discrimination. While studies on sex-discrimination typically control for human capital (formal education,...
Persistent link: https://www.econbiz.de/10010294611