Showing 1 - 10 of 36,990
range. We consider a general measurement error process that nests many plausible models. Analytic results demonstrate that … processes found in most social-science data, such procedures can induce or exacerbate bias, and even inflate the variance … estimates. We term this source of bias ?Iatrogenic? (or econometrician induced) error. Monte Carlo simulations and empirical …
Persistent link: https://www.econbiz.de/10010261852
range. We consider a general measurement error process that nests many plausible models. Analytic results demonstrate that … processes found in most social-science data, such procedures can induce or exacerbate bias, and even inflate the variance … estimates. We term this source of bias "Iatrogenic" (or econometrician induced) error. Monte Carlo simulations and empirical …
Persistent link: https://www.econbiz.de/10013319379
This study estimates the establishment-level employment effects of investment grants in Germany. In addition to the average treatment effect on the treated, we analyse the influence of establishment’s characteristics and economic environment on the magnitude of the effect. We apply a...
Persistent link: https://www.econbiz.de/10014025784
combine a staggered difference-in-differences approach that explicitly models variations in treatment timing with a matching …
Persistent link: https://www.econbiz.de/10015077750
In this paper, we examine how the future age structure of the nation helps explaining the current ratio of FPI over FDI in a country's foreign asset stock. Firstly, we present a theoretical foundation of the relation and then we test it empirically. Theoretical foundations are based on the...
Persistent link: https://www.econbiz.de/10013105938
A comprehensive study of the personal income distribution (PID) in the USA is carried out. Principal characteristics of the PID in USA are established.A microeconomic model of the personal income distribution and evolution with time is developed. The model balances two processes - individual...
Persistent link: https://www.econbiz.de/10012734249
The paper develops a dynamic framework for measuring endogenous risk bubbles consistent with debt-deflations; the …
Persistent link: https://www.econbiz.de/10012954489
Using a dynamic skill accumulation model of schooling and labor supply with learning-by-doing, we decompose early life-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (AFQT scores) and unobserved heterogeneity, and evaluate the effect of...
Persistent link: https://www.econbiz.de/10012960276
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...
Persistent link: https://www.econbiz.de/10013316685
Using a dynamic skill accumulation model of schooling and labor supply with learning-by-doing, we decompose early life-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (AFQT scores) and unobserved heterogeneity, and evaluate the effect of...
Persistent link: https://www.econbiz.de/10011625378