Showing 1 - 10 of 306
Local amenities are an important factor in the location choice of households. Heterogeneity in preferences of households tends to sort households over different locations which satisfy best their preferences given their constraints. In this paper, we analyze the effect of cultural heritage on...
Persistent link: https://www.econbiz.de/10011543251
In their IZA Discussion Paper 10247, Johansson and Lee claim that the main result (Proposition 3) in Abbring and Van den Berg (2003b) does not hold. We show that their claim is incorrect. At a certain point within their line of reasoning, they make a rather basic error while transforming one...
Persistent link: https://www.econbiz.de/10011543629
This paper proposes a methodology to incorporate bivariate models in numerical computations of counterfactual distributions. The proposal is to extend the works of Machado and Mata (2005) and Melly (2005) using the grid method to generate pairs of random variables. This contribution allows...
Persistent link: https://www.econbiz.de/10011411683
This paper examines the performance of the JTPA performance system, a widely emulated model for inducing efficiency in government organizations. We present a model of how performance incentives may distort bureaucratic decisions. We define cream skimming within the model. Two major empirical...
Persistent link: https://www.econbiz.de/10011412037
While the question of the specification of spatial weight matrix is now largely discussed in the spatial econometrics literature, the definition of distance has attracted less attention. The choice of the distance measure is often glossed over, with the ultimate use of the Euclidean distance....
Persistent link: https://www.econbiz.de/10011478194
The great majority of the theoretical analysis about electoral cycles has considered the national space as the territory of interest for the study of the economic consequences of an electoralist behaviour by the central government. This fact, in conjunction to the nature of the data most...
Persistent link: https://www.econbiz.de/10011502335
This paper considers the identification and estimation of hedonic models. We establish that in an additive version of the hedonic model, technology and preferences are generically identified up to affine transformations from data on demand and supply in a single hedonic market. For a very...
Persistent link: https://www.econbiz.de/10011509453
This paper studies the event-history approach to microeconometric programevaluation. We present a mixed semi-Markov event-history model, discussits application to program evaluation, and analyze its empirical content.The results of this paper provide fundamental insights in what can be...
Persistent link: https://www.econbiz.de/10011349178
This paper is concerned with parameter estimation and inference in a cointegrating regression, where as usual endogenous regressors as well as serially correlated errors are considered. We propose a simple, new estimation method based on an augmented partial sum (integration) transformation of...
Persistent link: https://www.econbiz.de/10009686172
This paper assesses the role of a larger degree of common language use between the populations of two countries on the so-called extensive product margin of trade. We focus on the overlap of products exported or imported between any pair of countries. The results suggest that the effect of...
Persistent link: https://www.econbiz.de/10010354788