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This paper discusses how randomized social experiments operate as an instrumental variable. For two types of randomization schemes, the fundamental experimental estimation equations are derived from the principle that experiments equate bias in control and experimental samples. Using...
Persistent link: https://www.econbiz.de/10012473632
This paper surveys new methods for estimatifg labor supply functions. A unified framework of analysis is presented. All recent models of labor supply are special cases of a general index function model developed for the analysis o dummy endogenous variables
Persistent link: https://www.econbiz.de/10012478253
This paper presents new econometric methods for the empirical analysis of individual labor market histories. The techniques developed here extend previous work on continuous time models in four ways: (1) A structural economic interpretation of these models is presented. (2) Time varying...
Persistent link: https://www.econbiz.de/10012478254
In recent years, the study of labor supply has occupied the attention of a large number of economists. With the growth in interest in the topic and with the inevitable diversity of economic models and statistical methods proposed by new entrants in the field, the literature has developed its own...
Persistent link: https://www.econbiz.de/10012478851
This paper examines the impact of the iconic Perry Preschool Project on the children and siblings of the original participants. The children of treated participants have fewer school suspensions, higher levels of education and employment, and lower levels of participation in crime, compared with...
Persistent link: https://www.econbiz.de/10012479838
The Supreme Court decision NCAA vs Alston (June 2021) heightened interest in the benefits and costs of participating in sports for student-athletes. Anecdotal evidence about the exploitation of student-athletes was cited in the opinion and the media. Using panel data, we follow two different...
Persistent link: https://www.econbiz.de/10012698680
Persistent link: https://www.econbiz.de/10012373206
data. Our flourishing ability to address empirical problems in economics by using economic theory and statistical methods …
Persistent link: https://www.econbiz.de/10012392229
theory, data analysis and field applications in econometrics. Comprehensive surveys, written by experts, discuss recent …
Persistent link: https://www.econbiz.de/10012254780
This paper investigates the determinants of inequality in human capital with an emphasis on the role of the credit constraints. We develop and estimate a model in which individuals face uninsured human capital risks and invest in education, acquire work experience, accumulate assets and smooth...
Persistent link: https://www.econbiz.de/10012455681