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In a growth accounting context one usually constructs a quality adjusted index of labor services by aggregating over predefined groups of workers, using the groups' relative wage bills as weights. In this article we suggest a method based on decomposing individual predicted wages into a...
Persistent link: https://www.econbiz.de/10003975612
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A model for matched data with two types of unobserved heterogeneity is considered – one related to the observation unit, the other to units to which the observation units are matched. One or both of the unobserved components are assumed to be random. This mixed model allows identification of...
Persistent link: https://www.econbiz.de/10013122165
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A model for matched data with two types of unobserved heterogeneity is considered one related to the observation unit, the other to units to which the observation units are matched. One or both of the unobserved components are assumed to be random. This mixed model allows identifi cation of the...
Persistent link: https://www.econbiz.de/10014177349
In a growth accounting context one usually constructs a quality adjusted index of labor services by aggregating over predefined groups of workers, using the groups' relative wage bills as weights. In this article we suggest a method based on decomposing individual predicted wages into a...
Persistent link: https://www.econbiz.de/10013141726
Persistent link: https://www.econbiz.de/10003651335
We examine estimation of a model of producer behavior in the presence of correlated measurement errors in the regressors. Scale economies and price-cost margins are estimated from a set of panel data for manufacturing plants. The paper presents a somewhat new model for estimation of these...
Persistent link: https://www.econbiz.de/10004980536