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Typically survey data have responses with gaps, outliers and ties, and the distributions of the responses might be skewed. Usually, in small area estimation, predictive inference is done using a two-stage Bayesian model with normality at both levels (responses and area means).This is the...
Persistent link: https://www.econbiz.de/10012291514
This study examines the relationship between individual risk aversion and reservation wages using a novel set of direct measures of individual risk attitudes from the German Socio- Economic Panel (SOEP). We find that risk aversion has a significantly negative impact on the level of reservation...
Persistent link: https://www.econbiz.de/10005822135
This paper develops a framework for estimating previous illegal experience among annual cohorts of new legal immigrants to the United States – using public-use administrative microdata alone, survey data alone, and the two jointly – and provides estimates for the FY 1996 cohort of new...
Persistent link: https://www.econbiz.de/10005822818
Replaced with revised version of paper 07/18/06.
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We study selection and labour market outcomes among Ukrainian migrants using unique data from a survey conducted in Ukraine in August – October 2011. We find that migrants are positively selected in terms of age and education. Yet, this is not associated, as might be expected, with their...
Persistent link: https://www.econbiz.de/10011240236
The cost of children is a critical parameter used in determining many economic policies. For instance, correctly setting the tax deduction for families with children requires assessing the true household cost of children. Evaluating child poverty at the individual level requires making a clear...
Persistent link: https://www.econbiz.de/10011228310
Using survey-based measures of future U.S. economic activity from the Livingston Survey and the Survey of Professional Forecasters, we study how changes in expectations and their interaction with monetary policy contribute to fluctuations in macroeconomic aggregates. We find that changes in...
Persistent link: https://www.econbiz.de/10011010021
Using business survey data, we estimate an ordered probit model to explain the occurrence of producer price increases and decreases in the French manufacturing industry. Our results show that changes in intermediate input prices are the main driver of producer price changes. Changes in firms'...
Persistent link: https://www.econbiz.de/10011010076