Showing 1 - 10 of 4,063
-used probit approach, but the dynamics of regressors are endogenized using a VAR. The combined model is called a ‘ProbVAR’. At any … the same time, the ProbVAR is as easy to implement as traditional probit regressions. The slope of the yield curve turns …
Persistent link: https://www.econbiz.de/10011605301
-Oaxaca decomposition analysis for wage differentials. The decomposition method is first developed for a single probit model and later …
Persistent link: https://www.econbiz.de/10010277290
-Oaxaca decomposition analysis for wage differentials. The decomposition method is first developed for a single probit model and later …
Persistent link: https://www.econbiz.de/10011326421
In this paper, we specify a Random Utility Model of Demand for Deposits inthe U.S. Banking Industry, assessing its particular characteristics, such as a large number of participants, a large number of markets and an unbalanced panel (many banks participate in only one market and no bank...
Persistent link: https://www.econbiz.de/10014215546
This paper considers the U.S. Small Business Innovation Research (SBIR) program as a policy fostering academic entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy : early-stage financing and scientist involvement in...
Persistent link: https://www.econbiz.de/10010297455
This paper develops a methodology to compare the quality of examination services in different patent offices. Quality … substantially: the EPO provides higher-quality and more expensive services than the USPTO, while the JPO is in an intermediate … of Jaffe and Lerner's (2004) conjecture of a vicious cycle linking the quality of examination and demand for patents; and …
Persistent link: https://www.econbiz.de/10010317295
Our analysis of the market for professional baseball players shows that domestic labor-market restrictions have reduced domestic employment, especially of African-Americans, with employers instead shifting employment overseas. Our theoretical model suggests that, in 1965, the imposition of both...
Persistent link: https://www.econbiz.de/10014093101
Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U.S. patents matched to corporate owners, we quantify how...
Persistent link: https://www.econbiz.de/10012105572
than product innovation pointing out that price competition is more important than quality competition for Uruguayan …
Persistent link: https://www.econbiz.de/10011926291