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The estimation of production functions suffers from an unresolved identification problem caused by flexible inputs, such as intermediate inputs. We develop an identification strategy for production functions based on a transformation of the firm's short-run first order condition that solves the...
Persistent link: https://www.econbiz.de/10010291962
We study the determinants of youth crime using a dynamic discrete choice model of crime and education. We allow past education and criminal activities to affect current crime and educational decisions. We take advantage of a rich panel dataset on serious juvenile offenders, the Pathways to...
Persistent link: https://www.econbiz.de/10012954163
In this paper, we explore the role of model uncertainty in explaining the different findings in the literature regarding the effect of shall-issue right-to-carry concealed weapons laws on crime. In particular, we systematically examine how different modeling assumptions affect the results. We...
Persistent link: https://www.econbiz.de/10011379999
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In this paper, we explore the role of model uncertainty in explaining the different findings in the literature regarding the effect of shall-issue right-to-carry concealed weapons laws on crime. In particular, we systematically examine how different modeling assumptions affect the results. We...
Persistent link: https://www.econbiz.de/10010414780
Persistent link: https://www.econbiz.de/10011350614
Persistent link: https://www.econbiz.de/10011742040
This paper explores the role of model uncertainty in explaining the different findings in the literature regarding the effect of shall-issue right-to-carry concealed weapons laws on crime. In particular, we systematically examine how different modeling assumptions affect the results. We find...
Persistent link: https://www.econbiz.de/10012457103