Showing 1 - 10 of 14,225
The present paper proposes a strategy for estimating panel data models in the presence of sample selection and … availability of valid (strictly exogenous) instruments. The approaches are illustrated using a panel of European Labour Force …
Persistent link: https://www.econbiz.de/10011031708
Road safety policies and automobile insurance contracts often use incentive mechanisms based on traffic violations and accidents to promote safe driving. Can these mechanisms improve road safety efficiently? Do they reduce asymmetric information between drivers and insurers and regulators? In...
Persistent link: https://www.econbiz.de/10010615164
Road safety policies and automobile insurance contracts often use incentive mechanisms based on traffic violations and accidents to promote safe driving. Can these mechanisms improve road safety efficiently? Do they reduce asymmetric information between drivers and insurers and regulators? In...
Persistent link: https://www.econbiz.de/10010665574
We consider the problem of testing for seasonal unit roots in monthly panel data. To this aim, we generalize the … quarterly CHEGY test to the monthly case. This parametric test is contrasted with a new nonparametric test, which is the panel …
Persistent link: https://www.econbiz.de/10010837807
model for panel data is estimated. The results indicate that it is necessary to take into account the selection problem. A …
Persistent link: https://www.econbiz.de/10005424018
In this paper a semiparametric fixed effect estimator is proposed in a partial linear model. The estimator is applied to study the immigrants home-link effect on the U.S. producer trade flows with the home country of the immigrant. The results from this study show that the immigrants support the...
Persistent link: https://www.econbiz.de/10005418908
-wave panel data is considered. The complete demand system is characterized by measurement errors in total expenditure and by …
Persistent link: https://www.econbiz.de/10004980739
This paper considers a flexible panel data sample selection model in which (i) the outcome equation is permitted to …
Persistent link: https://www.econbiz.de/10011109577
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10011257659
This paper explores the link between exports and total factor productivity (TFP) for Brazilian manufacturing firms over the period 2000-2008, both under the assumption of an exogenous or an endogenous law of motion for productivity. The authors first obtain TFP estimates under each alternative...
Persistent link: https://www.econbiz.de/10011263003