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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
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
apply it to a difficult econometric problem, the semiparametric estimation of a censored regression model. We carry out some …
Persistent link: https://www.econbiz.de/10011447402
This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms...
Persistent link: https://www.econbiz.de/10011441694
Based on a structural model of fertility and female labour force supply with unobserved heterogeneity and state dependence, we evaluate the 2007 reform of parental leave benefits in Germany, which replaced a flat, means-tested benefit by a generous earnings-related transfer. The model predicts a...
Persistent link: https://www.econbiz.de/10010416349
We estimate a structural life-cycle model of fertility and female labour supply and use it to evaluate the effects of a number of key family policy measures based on data for Germany. Parental leave benefits, child benefits and subsidized childcare are found to have substantial fertility...
Persistent link: https://www.econbiz.de/10010416355
The labor supply of West German married and cohabiting couples is analyzed using a discrete choice model. Following van Soest (1995), the labor supply decision is based on a household utility function which is determined by the leisure of the two spouses and net household income. Furthermore,...
Persistent link: https://www.econbiz.de/10011442317
This paper aims at providing business survey analysts with simple econometric tools to quantify qualitative survey data. We extend the traditional and commonly applied method proposed by Carlson and Parkin (1975) to capture observable survey respondent heterogeneity. We also discuss...
Persistent link: https://www.econbiz.de/10011445163
This paper seeks to empirically identify factors that influence the probability of beinga fast growingfirm in Eastern and Western Germany. Descriptive analyses have shown that most firms experience only small positive or negative employment growth or stagnate over time. The job generation...
Persistent link: https://www.econbiz.de/10011445197
the input factors and workplace reorganization. The estimation results show that changes in human resources practices do … observable firm heterogeneity are larger if workplace reorganization is realized. We therefore apply Kernel density estimation …
Persistent link: https://www.econbiz.de/10011446232