Showing 1 - 10 of 48
This Article advocates for a wider pleading use of the tort of nuisance—this, because of the unresolved complexities in the doctrine of causation which continue to plague an effective use of negligence. The confusing awkwardness or, perhaps, the actual demise, of the notion of an average,...
Persistent link: https://www.econbiz.de/10012895441
IP owners decry that their copyrights and trademarks are routinely infringed in the Russian market, with little possibility for relief. Russia's recent accession to the WTO means that its laws must conform to the Agreement on Trade-Related Aspects of Intellectual Property, in theory helping to...
Persistent link: https://www.econbiz.de/10014165120
This paper develops a control-function methodology accounting for endogenous or mismeasured regressors in hazard models. I provide sufficient identifying assumptions and regularity conditions for the estimator to be consistent and asymptotically normal. Applying my estimator to the subprime...
Persistent link: https://www.econbiz.de/10014447321
This paper considers the finite sample distribution of the 2SLS estimator and derives bounds on its exact bias in the presence of weak and/or many instruments. We then contrast the behavior of the exact bias expressions and the asymptotic expansions currently popular in the literature, including...
Persistent link: https://www.econbiz.de/10011445748
Persistent link: https://www.econbiz.de/10009553551
"Since the advent of heteroskedasticity-robust standard errors, several papers have proposed adjustments to the original White formulation. We replicate earlier findings that each of these adjusted estimators performs quite poorly in finite samples. We propose a class of alternative...
Persistent link: https://www.econbiz.de/10009488593
This paper considers the finite sample distribution of the 2SLS estimator and derives bounds on its exact bias in the presence of weak and/or many instruments. We then contrast the behavior of the exact bias expressions and the asymptotic expansions currently popular in the literature, including...
Persistent link: https://www.econbiz.de/10011300710
Persistent link: https://www.econbiz.de/10011553171
Persistent link: https://www.econbiz.de/10010510038
Since the advent of heteroskedasticity-robust standard errors, several papers have proposed adjustments to the original White formulation. We replicate earlier findings that each of these adjusted estimators performs quite poorly in finite samples. We propose a class of alternative...
Persistent link: https://www.econbiz.de/10013117202