Showing 1 - 5 of 5
This paper develops new Bayesian methods for semiparametric inference in the partial linear Normal regression model. These methodes draw solely on teh Normal linear regression model with natural conjugate prior. Hence, analytical finite sample results are available which do not suffer form...
Persistent link: https://www.econbiz.de/10005671615
We survey modern models of delegation which assume that a boss and subordinate pursue their own goals. Among the major themes covered are thefolling: the conditions under which the boss will prefer to delegate versus those in which she will prefer to retain authority; the ways in which a boss...
Persistent link: https://www.econbiz.de/10005780888
We present a simulation model designed to determine the impact on congestion of policies for dealing with non-recurrent congestion (i.e. travel time uncertainty).
Persistent link: https://www.econbiz.de/10005486855
This study offers a simultaneous equations model of the birth process with seven endogenous variables: four birht inputs, and three birth outputs. Our analysis conditions on twenty-four exogenous variables. The data are taken the NLSY. Separate analyses are performed on five different groups:...
Persistent link: https://www.econbiz.de/10005641199
In an important and influential paper, Card and Krueger argued that proxies for school quality positively affect the rate of return to future education. In this paper, we analyze a variant of the Card and Krueger model using a hierarchical Bayesian approach and school-level quality data from the...
Persistent link: https://www.econbiz.de/10005641201