Showing 1 - 10 of 6,046
Spatial effects and common-shocks effects are of increasing empirical importance. Each type of effect has been analyzed separately in a growing literature. This paper considers a joint modeling of both types. Joint modeling allows one to determine whether one or both of these effects are...
Persistent link: https://www.econbiz.de/10011110462
Child birth leads to a break in a woman's employment history and is considered one reason for the relatively poor labor market outcomes observed for women compared to men. However, the time spent at home after child birth varies significantly across mothers and is likely driven by observed and,...
Persistent link: https://www.econbiz.de/10011075759
This paper investigates efficient estimation of heterogeneous coefficients in panel data models with common shocks, which have been a particular focus of recent theoretical and empirical literature. We propose a new two-step method to estimate the heterogeneous coefficients. In the first step,...
Persistent link: https://www.econbiz.de/10011114019
The aim of this paper is to assess the evolution of regional productivity disparities in the European Union. Using a sample of 205 regions and 8 sectors on the 1975-2000 period, we use Esteban’s (2000) shift-share analysis to investigate the extent to which the existing interregional...
Persistent link: https://www.econbiz.de/10005546452
Recent theoretical approaches stress the importance of complex integration strategies of multinationals and the interdependence between locations. Up till now little has been done to incorporate the potential cross-country dependencies into the empirical analysis of the determinants and the...
Persistent link: https://www.econbiz.de/10005422706
This paper analyzes multifactor models in the presence of a large number of potential observable risk factors and unobservable common and group-specific pervasive factors. We show how relevant observable factors can be found from a large given set and how to determine the number of common and...
Persistent link: https://www.econbiz.de/10011107278
The paper analyzes the migration dynamics in Americas from 1960 to 2005 using an equilibrium approach as is proposed in Sjaastad (1969) y Todaro (1969). With recent spatial econometrics techniques the migration flow is evaluated, controlling for labor mobility effect and regional wages....
Persistent link: https://www.econbiz.de/10011109418
We explore the effect of cross-sectional aggregation of data on estimation and test of asymmetric retail fuel price responses to wholesale price shocks. The analysis is performed on data collected daily from individual fuel stations in the Spanish metropolitan areas of Madrid and Barcelona....
Persistent link: https://www.econbiz.de/10011260743
In this paper we examine the effect of dollar stores on children's Body Mass Index (BMI). We use data from a dataset compiled by the Arkansas Center for Health Improvement which created and implemented the BMI screening process for all public school children in the state of Arkansas. We combine...
Persistent link: https://www.econbiz.de/10011112602
We study the estimation of a high dimensional approximate factor model in the presence of both cross sectional dependence and heteroskedasticity. The classical method of principal components analysis (PCA) does not efficiently estimate the factor loadings or common factors because it essentially...
Persistent link: https://www.econbiz.de/10011112633