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Henseke, Golo - 2011 - First version: April 2011

This study focuses on the influence of heavy job demands on retirement, using the available SHARE waves. Heavy job … demands may have a direct and health mediated effect on individual retirement. An econometric challenge is the dynamic self … levels of socioeconomic status. Heavy job demands are associated with on average higher retirement probabilities, once …

Persistent link: https://www.econbiz.de/10008936968

Your Retirement and My Health Behavior : Evidence on Retirement Externalities from a Fuzzy Regression Discontinuity Design

Müller, Tobias - 2017

This paper presents evidence on intra-household retirement externalities by assessing the causal effect of spousal … retirement on various health behaviors and health status across 19 European countries. We identify partner's and own retirement … effects by applying a fuzzy regression discontinuity design using retirement eligibility as exogenous instruments for spousal …

Persistent link: https://www.econbiz.de/10012945410

Chapter 7. Endogeneity in Empirical Corporate Finance 1

Roberts, Michael R.; Whited, Toni M. - 2013

This chapter discusses how applied researchers in corporate finance can address endogeneity concerns. We begin by reviewing the sources of endogeneity—omitted variables, simultaneity, and measurement error—and their implications for inference. We then discuss in detail a number of...

Persistent link: https://www.econbiz.de/10014025557

Estimating causal effects with observational data guidelines for agricultural and applied economists

Henningsen, Arne; Low, Guy; Wuepper, David; Dalhaus, Tobias - 2024

Most research questions in agricultural and applied economics are of a causal nature, i.e., how one or more variables (e.g., policies, prices, the weather) affect one or more other variables (e.g., the welfare of individuals or the society, the demanded or produced quantity, pollution). Only a...

Persistent link: https://www.econbiz.de/10015162983

Instrumental variables estimation of a generalized correlated random coefficients model

Masten, Matthew; Torgovitsky, Alexander - 2014

We study identification and estimation of the average treatment effect in a correlated random coefficients model that allows for first stage heterogeneity and binary instruments. The model also allows for multiple endogenous variables and interactions between endogenous variables and covariates....

Persistent link: https://www.econbiz.de/10010227690

Testing the internal validity of compulsory school reforms as instrument for years of schooling

Brunello, Giorgio; Fort, Margherita; Weber, Guglielmo; … - 2013

In the large empirical literature that investigates the causal effects of education on outcomes such as health, wages and crime, it is customary to measure education with years of schooling, and to identify these effects using the exogenous variation provided by school reforms increasing...

Persistent link: https://www.econbiz.de/10009786492

Local quantile treatment effects

Melly, Blaise; Wüthrich, Kaspar - 2016

This chapter reviews instrumental variable models of quantile treatment effects. We focus on models that achieve identification through a monotonicity assumption in the treatment choice equation. We discuss the key conditions, the role of control variables as well as the estimands in detail and...

Persistent link: https://www.econbiz.de/10011442004

Semiparametric estimation of quantile treatment effects with endogeneity

Wüthrich, Kaspar - 2015

This paper studies estimation of conditional and unconditional quantile treatment effects based on the instrumental variable quantile regression (IVQR) model (Chernozhukov and Hansen, 2004, 2005, 2006). I introduce a class of semiparametric plug-in estimators based on closed form solutions...

Persistent link: https://www.econbiz.de/10011297659

Naturalization and labor market performance of immigrants in Germany

Riphahn, Regina T.; Saif, Salwan - 2018

Naturalization may be a relevant policy instrument affecting immigrant integration in host-country labor markets. We study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and exploit a reform of naturalization rules in an instrumental...

Persistent link: https://www.econbiz.de/10011898989

Naturalization and labor market performance of immigrants in Germany

Riphahn, Regina T.; Saif, Salwan - 2018

Naturalization may be a relevant policy instrument affecting immigrant integration in hostcountry labor markets. We study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and exploit a reform of naturalization rules in an instrumental...

Persistent link: https://www.econbiz.de/10011899228