Narrow search
Showing 1 - 10 of 28
Cover Image
Using heteroscedasticity to estimate the returns to education
Hogan, Vincent; Rigobon, Roberto - 2003
We apply a new estimator to the measurement of the economic returns to education. We control for endogenous education, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education attainment. Our prefered estimate, 6.07%, is closer to the OLS estimate...
Persistent link: https://www.econbiz.de/10010293893
Cover Image
Using heteroscedasticity to estimate the returns to education
Vincent (Vincent Peter) Hogan; Rigobon, Roberto - School of Economics, University College Dublin - 2002
We apply a new estimator to the measurement of the economic returns to education. We control for endogenous education, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education attainment. Our prefered estimate, 6.07%, is closer to the OLS estimate...
Persistent link: https://www.econbiz.de/10011269214
Cover Image
Using Heteroscedasticity to Estimate the Returns to Education
Hogan, Vincent; Rigobon, Roberto - School of Economics, University College Dublin - 2003
We apply a new estimator to the measurement of the economic returns to education. We control for endogenous education, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education attainment. Our prefered estimate, 6.07%, is closer to the OLS estimate...
Persistent link: https://www.econbiz.de/10005685959
Cover Image
Using Heteroscedasticity to Estimate the Returns to Education
Hogan, Vincent - 2002
We apply a new estimator to the measurement of the economic returns to education. We control for endogenous education, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education attainment. Our prefered estimate, 6.07%, is closer to the OLS estimate...
Persistent link: https://www.econbiz.de/10012469564
Cover Image
Using Heteroscedasticity to Estimate the Returns to Education
Hogan, Vincent; Rigobon, Roberto - 2021
We apply a new estimator to the measurement of the economic returns to education. We control for endogenous education, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education attainment. Our prefered estimate, 6.07%, is closer to the OLS estimate...
Persistent link: https://www.econbiz.de/10013221854
Cover Image
Prices and Supply Disruptions during Natural Disasters
Cavallo, Alberto - 2013
2010 earthquake in Chile and the 2011 earthquake in Japan. In both cases there was an immediate and persistent effect on … product availability. The number of goods available for sale fell 32% in Chile and 17% in Japan from the day of the disaster … Chile are consistent with pricing models where retailers have fear of "customer anger". In Japan, by contrast, the evidence …
Persistent link: https://www.econbiz.de/10012459188
Cover Image
Prices and Supply Disruptions During Natural Disasters
Cavallo, Alberto - 2013
2010 earthquake in Chile and the 2011 earthquake in Japan. In both cases there was an immediate and persistent effect on … product availability. The number of goods available for sale fell 32% in Chile and 17% in Japan from the day of the disaster … Chile are consistent with pricing models where retailers have fear of "customer anger". In Japan, by contrast, the evidence …
Persistent link: https://www.econbiz.de/10013075420
Cover Image
Measuring the Reaction of Monetary Policy to the Stock Market
Rigobon, Roberto - 2001
Movements in the stock market can have a significant impact on the macroeconomy and are therefore likely to be an important factor in the determination of monetary policy. However, little is known about the magnitude of the Federal Reserve's reaction to the stock market. One reason is that it is...
Persistent link: https://www.econbiz.de/10012470370
Cover Image
Contagion : How to Measure It?
Rigobon, Roberto - 2001
The empirical literature on contagion has mainly measured the propagation of shocks across countries using daily stock markets, interest rates, and exchange rates. Several methodologies have been used for this purpose, however, the properties of the data introduces important limitations on the...
Persistent link: https://www.econbiz.de/10012470611
Cover Image
Identification through Heteroskedasticity : Measuring "Contagion
Rigobon, Roberto - 2000
In this paper, I develop a new identification method to solve the problem of simultaneous equations, based on heteroskedasticity of the structural shocks. I show that if the heteroskedasticity can be described as a two-regime process, then the system is just identified under relatively weak...
Persistent link: https://www.econbiz.de/10012471283