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This article develops a Bayesian approach for estimating panel quantile regression with binary outcomes in the presence of correlated random effects. We construct a working likelihood using an asymmetric Laplace (AL) error distribution and combine it with suitable prior distributions to obtain...
Persistent link: https://www.econbiz.de/10012163022
This article develops a Bayesian approach for estimating panel quantile regression with binary outcomes in the presence of correlated random effects. We construct a working likelihood using an asymmetric Laplace (AL) error distribution and combine it with suitable prior distributions to obtain...
Persistent link: https://www.econbiz.de/10012842061
The steadily growing access to high-quality spatio-temporal crime count data with a high level of spatial detail allows to uncover interesting relationships between crime types within and between small regional units. Data coherent forecasting of such counts has to take the integer and...
Persistent link: https://www.econbiz.de/10013238764
punishment statistics, we find that the effect of enforcement on smuggling prices is small. Though enforcement has more than … tripled over the past fifteen years, smuggling prices have increased by at most 30 percent. Unlike estimates from illegal … costs of enforcement on smuggling prices …
Persistent link: https://www.econbiz.de/10013319514
lower firm specificity locate farther away from one another, and argue that it can be concluded that the "poaching" argument …
Persistent link: https://www.econbiz.de/10011439248
competition. This finding is usually interpreted as evidence of a higher risk of poaching in these regions. Yet, there is no … direct evidence that regional competition is positively correlated with poaching. Building on a recently established approach … to ex-post identify poaching of apprenticeship completers, our paper is the first to directly investigate the correlation …
Persistent link: https://www.econbiz.de/10011607943
competition. This finding is usually interpreted as evidence of a higher risk of poaching in these regions. Yet, there is no … direct evidence that regional competition is positively correlated with poaching. Building on a recently established approach … to ex-post identify poaching of apprenticeship completers, our paper is the first to directly investigate the correlation …
Persistent link: https://www.econbiz.de/10011617350
A series of seminal theoretical papers argues that poaching of employees may hamper company-sponsored general training …. However, the extent of poaching, its determinants and consequences, remains an open empirical question. We provide a novel … empirical identification strategy for poaching and investigate its causes and consequences. We find that only a small number of …
Persistent link: https://www.econbiz.de/10009751718
Persistently rising energy prices have revived interest in the economic impact of changing energy costs. We explore the effects of these costs on sectoral change, particularly in relation to the rise and future prospects of the "service economy". Following Baumol's cost disease hypothesis,...
Persistent link: https://www.econbiz.de/10009530725
This paper explores possible interdependence of biodiversity and several socioeconomic and political factors at the county level. It is aimed at the empirical identification of direct and indirect effects between biodiversity (loss) and their theoretical major impact factors. To date, research...
Persistent link: https://www.econbiz.de/10008990042