Showing 1 - 10 of 627
This paper considers the shape invariant modelling approach in semiparametric regression estimation. Nonparametric … estimation procedure is suggested. √N- consistency of the parameter estimates is proved. Finite sample performance of this …
Persistent link: https://www.econbiz.de/10011448993
This paper examines return predictability when the investor is uncertain about the right state variables. A novel feature of the model averaging approach used in this paper is to account for finite-sample bias of the coefficients in the predictive regressions. Drawing on an extensive...
Persistent link: https://www.econbiz.de/10003728591
Individual sales prices and local vacancy rates in the housing market pose a natural analogy to the wage curve, a popular concept in labor economics that describes how individual wages decrease with higher local unemployment. While housing search and matching models and housing externalities...
Persistent link: https://www.econbiz.de/10011570572
We consider the semiparametric generalised linear regression model which has mainstream empirical models such as the (partially) linear mean regression, logistic and multinomial regression as special cases. As an extension to related literature we allow a misclassified covariate to be interacted...
Persistent link: https://www.econbiz.de/10011300753
We present a new method for imposing and testing concavity of a cost function using asymptotic least squares, which can easily be implemented even for cost functions which are nonlinear in parameters. We provide an illustration on the basis of a (generalized) Box-Cox cost function with six...
Persistent link: https://www.econbiz.de/10011445626
Persistent link: https://www.econbiz.de/10001651193
Most existing analyses on the gender wage gap (GWG) have neglected the establishment as a place where inequality … the individual and consider the importance of the workplace to explain gender pay differentials. That is, we first provide … employees), but look at within-firm gender wage differentials. Our results indicate that the mean GWG within firms is smaller …
Persistent link: https://www.econbiz.de/10003314702
The closing of the gender wage gap is an ongoing phenomenon in industrialized countries. However, research has been … women to that of men. In this study, we use a new approach for analyzing changes in the gender pay gap that uses direct … substantial fraction of the closing of the gender wage gap. Our evidence suggests that these task changes are driven, at least in …
Persistent link: https://www.econbiz.de/10003480030
A comprehensive descriptive analysis of gender wage differences over a long time period is missing for West Germany … well as life-cycle and birth cohort effects, we go beyond conventional decomposition techniques of the average gender wage … gap. The paper provides some stylized facts of the level and dynamics of the gender wage gap from 1975-1995. The empirical …
Persistent link: https://www.econbiz.de/10011444942
England and the USA for data from 1995, 1999, 2001 and 2003. We find evidence of gender interaction effects in the form of … gender interaction effects in England (but not the USA) at grade 8 by 2003 when these effects were not present in 1995 or … girls fair better with a teacher of their own gender? This paper investigates the presence of such ‘pupil-teacher gender …
Persistent link: https://www.econbiz.de/10003370044