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rational addiction model. It is also empirically convenient because it is simple, it allows using efficient estimation …
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The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By … grades differs between central and local exams. We find that the earnings premium for a one standard-deviation increase in … high-school grades is indeed 6 percent when obtained on central exams but less than 2 percent when obtained on local exams …
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The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By … grades differs between central and local exams. We find that the earnings premium for a one standard-deviation increase in … high-school grades is indeed 6 percent when obtained on central exams but less than 2 percent when obtained on local exams …
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We propose in this paper a dynamic n-state transition model to correct for measurement error, that could arise for example from recall and/or design bias, in retrospective panels. Our model allows the correction of measurement errors, when very little auxiliary information is available, over a...
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