Showing 1 - 10 of 16
There is a widespread belief among economists that adding additional variables to a regression model causes higher standard errors. This note shows that, in general, this belief is unfounded and that the impact of adding variables on coefficients’ standard errors is unclear. The concept of...
Persistent link: https://www.econbiz.de/10011579555
Persistent link: https://www.econbiz.de/10015101051
Textbook theory predicts that t-ratios decline towards zero in regressions when there is increasing collinearity … coefficients increase greatly with more collinearity. The purposes of this article are 1) to illustrate this bias and explain why … increasing collinearity. False negatives are possible, but not likely. The test is confirmed with algebraic examples and …
Persistent link: https://www.econbiz.de/10015413543
We use a new empirical strategy to test various measures of school effectiveness in England. Our approach exploits discontinuities in attendance probabilities that occur at unpredictable distance cutoffs used as tiebreakers in admissions processes for oversubscribed schools. We show that raw,...
Persistent link: https://www.econbiz.de/10014381369
Expanding parental choice in education may increase system-wide productivity if parents select schools that form a specifically good match with their children. I investigate the effect of attending a preferred school on student achievement in London primary schools. I exploit as good as random...
Persistent link: https://www.econbiz.de/10012395616
I show that parents select schools by considering attributes of the student-school match that improve the learning outcomes beyond average school quality. Using the centralized algorithm for offers to primary school in London, I compare the achievement of students who are as good as randomly...
Persistent link: https://www.econbiz.de/10013467043
The Sustainable Development Goals set a triple educational objective: improve access to, quality of, and gender equity in education. This paper documents the effectiveness of a multifaceted educational program, pursuing these three objectives simultaneously, in rural India. Using an experiment...
Persistent link: https://www.econbiz.de/10012168060
To investigate the role of intra-regional trade integration on economic growth in Latin America, we develop a multilevel spatial production network model with time-varying parameters. The theoretical model is established for a multi-country and multi-sectoral economy. The reduced-form...
Persistent link: https://www.econbiz.de/10014233425
The built environment has been identified as one of the cost effective platforms for reducing energy demand and greenhouse gas emissions. With policies and the know-how in existence, the real estate sector has already adopted measures such as building codes and energy efficiency labels to drive...
Persistent link: https://www.econbiz.de/10010394366
Various noninformative prior distributions have been suggested for scale parameters in hierarchical models. We construct a new folded-noncentral- t family of conditionally conjugate priors for hierarchical standard deviation parameters, and then consider noninformative and weakly informative...
Persistent link: https://www.econbiz.de/10011513079