Showing 1 - 10 of 32
Abstract This paper proposes a new generalized method of moments (GMM) estimator for spatial panel models with spatial … that the GMM estimator is consistent. The estimator is applied to English real estate price data. …
Persistent link: https://www.econbiz.de/10005495722
Mutl (2006), a dynamic spatial GMM estimator is proposed based on Kapoor, Kelejian and Prucha (2007) for the Spatial … performance of the GMM spatial estimator to that of spatial and non-spatial estimators and illustrate our approach with an …
Persistent link: https://www.econbiz.de/10011125930
In East Germany, active labour market policies (ALMPs) are used on a large scale to contain fast rising unemployment after unification. This paper evaluates the effects for participants in public employment programmes (PEPs), that are an important part of ALMPs. It focuses on individual...
Persistent link: https://www.econbiz.de/10005763788
This paper reviews the existing approaches to deal with panel data binary choice models with individual effects. Their relative strengths and weaknesses are discussed. Much theoretical and empirical research is needed in this area, and the paper points to several aspects that deserve further...
Persistent link: https://www.econbiz.de/10005736096
This study analyses the effects of public-sector-sponsored continuous vocational training and retraining in East Germany after unification with West Germany in 1990. It presents econometric estimates of the average gains from training participation in terms of employment probabilities, earnings,...
Persistent link: https://www.econbiz.de/10005233846
This paper examines the relationship between the level of public infrastructure and the level of productivity using panel data for the Spanish provinces over the period 1984-2004, a period which is particularly relevant due to the substantial changes occurring in the Spanish economy at that...
Persistent link: https://www.econbiz.de/10010552409
Prediction is difficult. In this paper we use panel data methods to make reasonably accurate short term ex-post predictions of house prices across 353 local authority areas in England. The issue of prediction over the longer term is also addressed, and a simple method that makes use of the...
Persistent link: https://www.econbiz.de/10008592983
. In particular, the System Generalized Method of Moments (GMM-SYS) procedure is applied to a panel dataset comprised of 17 …
Persistent link: https://www.econbiz.de/10010635589
We investigate the effects of the most important East German active labour market programmes on the labour market outcomes of their participants. The analysis is based on a large and informative individual database coming from administrative data sources. Using matching methods, we find that...
Persistent link: https://www.econbiz.de/10005703104
We analyse the effects of government-sponsored training for the unemployed conducted during East German transition. For the microeconometric analysis, we use a new, large and informative administrative database that allows us to use matching methods to reduce potential selection bias, to study...
Persistent link: https://www.econbiz.de/10005703594