Showing 1 - 10 of 23
Consideration of the National Minimum Wage requires estimates of the distribution of hourly pay. The UK Labour Force Survey (LFS) is a key source of such estimates. The approach most frequently adopted by researchers has been to measure hourly earnings from several questions on pay and hours....
Persistent link: https://www.econbiz.de/10009458276
Consideration of the National Minimum Wage requires estimates of the distribution of hourly pay. The UK Labour Force Survey (LFS) is a key source of such estimates. The approach most frequently adopted by researchers has been to measure hourly earnings from several questions on pay and hours....
Persistent link: https://www.econbiz.de/10009439939
Data sets commonly used in the social sciences are often obtained by sample surveys with complex designs. These designs usually incorporate a multistage selection from a population with a natural hierarchical structure. In addition, these surveys can also be carried out in a repeated manner...
Persistent link: https://www.econbiz.de/10009458051
The analysis of repeated surveys can be approached using model-based inference, utilising the methods of time series analysis. On a long run of repeated surveys it should then be possible to enhance the estimation of a survey parameter. However, many repeated surveys that are suited to this...
Persistent link: https://www.econbiz.de/10009458456
Economic theory typically assumes the existence of few unobserved unpredictable stochastic disturbances, called structural shocks, driving the whole economy. Would the economy be representable as a very high dimensional stochastic vector process, those shocks would be the reduced rank innovation...
Persistent link: https://www.econbiz.de/10009439508
We study the topological properties of the multinetwork of commodity-specific trade relations among world countries over the 1992–2003 period, comparing them with those of the aggregate-trade network, known in the literature as the international-trade network (ITN). We show that link-weight...
Persistent link: https://www.econbiz.de/10009439509
We study the community structure of the multi-network of commodity-specific trade relations among world countries over the 1992-2003 period. We compare structures across commodities and time by means of the normalized mutual information index (NMI). We also compare them with exogenous community...
Persistent link: https://www.econbiz.de/10009439511
When observed over a large panel, measures of risk (such as realized volatilities) usually exhibit a secular trend around which individual risks cluster. In this article we propose a vector Multiplicative Error Model achieving a decomposition of each risk measure into a common systematic and an...
Persistent link: https://www.econbiz.de/10009439512
We propose two new types of nonparametric tests for investigating multivariate regression functions. The tests are based on cumulative sums coupled with either minimum volume sets or inverse regression ideas; involving no multivariate nonparametric regression estimation. The methods proposed...
Persistent link: https://www.econbiz.de/10009439712
This paper documents the fundamental role played by factor accumulation in explaining the extraordinary postwar growth of Hong Kong, Singapore, South Korea, and Taiwan. Participation rates, educational levels, and (excepting Hong Kong) investment rates have risen rapidly in all four economies....
Persistent link: https://www.econbiz.de/10009439744