Showing 1 - 10 of 195
The distribution of treatment e ects extends the prevailing focus on average treatment e ects to the tails of the outcome variable and quantile treatment effects denote the predominant technique to compute those effects in the presence of a confounding mechanism. The underlying quantile...
Persistent link: https://www.econbiz.de/10010418026
This paper examines the performance of the JTPA performance system, a widely emulated model for inducing efficiency in government organizations. We present a model of how performance incentives may distort bureaucratic decisions. We define cream skimming within the model. Two major empirical...
Persistent link: https://www.econbiz.de/10011412037
Many industries are seeing an increase in concentration, leading to a discussion on the effectiveness of horizontal merger enforcement. The policy debate shows that one of the key arguments put forward when supporting potential mergers is the possibility of realization of merger efficiency...
Persistent link: https://www.econbiz.de/10012840664
Using the 1997-1998 New South Wales public-hospitals comparison data, we investigate the hospital-level inefficiency by applying a stochastic-frontier multiproduct cost function. We use a flexible translog cost function to reduce the measurement errors of the outputs of the hospital. The main...
Persistent link: https://www.econbiz.de/10012777982
In an evaluation of a job-training program, the influence of the program on the individual earnings capacity is important, because it reflects the program effect on human capital. Estimating these effects is complicated because earnings are observed for employed individuals only, and employment...
Persistent link: https://www.econbiz.de/10013316916
This paper examines the performance of the JTPA performance system, a widely emulated model for inducing efficiency in government organizations. We present a model of how performance incentives may distort bureaucratic decisions. We define cream skimming within the model. Two major empirical...
Persistent link: https://www.econbiz.de/10013320471
Many industries are seeing an increase in concentration, leading to a discussion on the effectiveness of horizontal merger enforcement. The policy debate shows that one of the key arguments put forward when supporting potential mergers is the possibility of realization of merger efficiency...
Persistent link: https://www.econbiz.de/10012146944
Energy efficiency and renewable energy are key pillars of the energy transition that is high on the political agenda of governments in face of the climate crisis. Germany, however, is underperforming in its emissions reduction goals. There is still room for improvement, especially in the...
Persistent link: https://www.econbiz.de/10014416043
In this paper we introduce an interesting feature of the Generalized Least Absolute Deviations (GLAD) method for Seemingly Unrelated Regression Equations (SURE) models. Contrary to the collapse of Generalized Least Squares (GLS) parameter estimations of SURE models to the Ordinary Least Squares...
Persistent link: https://www.econbiz.de/10010742111
In this paper we generalize the median regression method to be applicable to system of regression equations, in particular SURE models. Giving the existence of proper system wise medians of the residuals from different equations, we apply the weighted median regression with the weights obtained...
Persistent link: https://www.econbiz.de/10010573371