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"Matching" is a statistical technique used to evaluate the effect of a treatment by comparing the treated and non-treated units in an observational study. Matching provides an alternative to older estimation methods, such as ordinary least squares (OLS), which involves strong assumptions that...
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Currently, the commonly employed instrumental variables strategy relies on the knife-edge assumption of perfect exogeneity for valid inference. To make reliable inferences on the structural parameters under violations of exogeneity one must know the true correlation between the structural error...
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Age effects in baseball are estimated in this paper using a nonlinear fixed-effects regression. The sample consists of all players who have played 10 or more "full-time'' years in the major leagues between 1921 and 2004. Quadratic improvement is assumed up to a peak-performance age, which is...
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mismatched at the mean of the conditional wages distribution. This paper, instead, observes the heterogeneity of the … over-educated with those who are not. The results reveal that overeducation hits the wages of those Ph.D. holders who are …
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