Showing 1 - 10 of 51
We describe procedures for Bayesian estimation and testing in both cross sectional and longitudinal data smooth coefficient models (with and without endogeneity problems). The smooth coefficient model is a generalization of the partially linear or additive model wherein coefficients on linear...
Persistent link: https://www.econbiz.de/10005422733
This paper outlines an approach to Bayesian semiparametric regression in multiple equation models which can be used to carry out inference in seemingly unrelated regressions or simultaneous equations models with nonparametric components. The approach treats the points on each nonparametric...
Persistent link: https://www.econbiz.de/10005247774
Persistent link: https://www.econbiz.de/10006957877
We describe a new and flexible framework for modeling school effects. Like previous work in this area, we introduce an empirical model that evaluates school performance on the basis of student level test-score gains. Unlike previous work, however, we introduce a flexible model that relates...
Persistent link: https://www.econbiz.de/10014620943
Basic principles of Bayesian statistics and econometrics are reviewed. The topics covered include point and interval estimation, hypothesis testing, prediction, model building and choice of prior. We also review in very general terms recent advances in computational methods and illustrate the...
Persistent link: https://www.econbiz.de/10005087950
The decisions to attend college are analysed and nonparametric predictions compared to those obtained from the widely used logit model. The impacts of measured cognitive ability and proxies for high school quality on the decisions to attend college are examined for a sample of white and black...
Persistent link: https://www.econbiz.de/10005088027
Using data from both the National Longitudinal Survey of Youth (NLSY) and High School and Beyond (HSB), we investigate if public high schools differ in the production of earnings and if rates of return to future education vary with public high school attended. Given evidence of such variation,...
Persistent link: https://www.econbiz.de/10005154685
In this paper, we review and unite the literatures on returns to schooling and Bayesian model averaging. We observe that most studies seeking to estimate the returns to education have done so using particular (and often different across researchers) model specifications. Given this, we review...
Persistent link: https://www.econbiz.de/10005155038
A broad literature seeks to assess the importance of schools, proxies for school quality, and family background on children's achievement growth using the education production function. Using rich data from the Philippines, we introduce and estimate a model that imposes little structure on the...
Persistent link: https://www.econbiz.de/10005155116
We describe estimation, learning, and prediction in a treatment-response model with two outcomes. The introduction of potential outcomes in this model introduces four cross-regime correlation parameters that are not contained in the likelihood for the observed data and thus are not identified....
Persistent link: https://www.econbiz.de/10009228502