Showing 1 - 10 of 1,110
We consider fixed‐effects binary choice models with a fixed number of periods T and regressors without a large support. If the time‐varying unobserved terms are i.i.d. with known distribution F, Chamberlain (2010) shows that the common slope parameter is point identified if and only if F is...
Persistent link: https://www.econbiz.de/10014362568
Persistent link: https://www.econbiz.de/10003983873
Background: Physician-induced demand (PID) is an important theory to test given the longstanding controversy surrounding it. Empirical health economists have been challenged to find natural experiments to test the theory because PID is tantamount to strong income effects. The data requirements...
Persistent link: https://www.econbiz.de/10009504860
The present study contributes to the limited literature on labor mobility in India using the India Human Development Survey panel data for the years 2004-2005 and 2011-2012. We use three different tools, viz., transition matrices, multinomial logistic regression, and wage regressions for this...
Persistent link: https://www.econbiz.de/10012303154
Dynamic discrete choice (DDC) models are not identified nonparametrically, but the non-identification of models does not necessarily imply the nonidentification of counterfactuals. We derive novel results for the identification of counterfactuals in DDC models, such as non-additive changes in...
Persistent link: https://www.econbiz.de/10012598419
This paper proposes a new approach to identification of the semiparametric multinomial choice model with fixed effects. The framework employed is the semiparametric version of the traditional multinomial logit with the fixed-effects model (Chamberlain (1980)). This semiparametric multinomial...
Persistent link: https://www.econbiz.de/10014496919
This paper analyzes the impact of health indicators on an individual's trip and mode choices to out-patient care facilities. The study's focus is an out-patient trip to a health care facility, and the source of data is the China Health and Retirement Longitudinal Study (CHARLS) for 2011, 2013...
Persistent link: https://www.econbiz.de/10013272322
This paper establishes conditions for nonparametric identification of dynamic optimization models in which agents make both discrete and continuous choices. We consider identification of both the payoff function and the distribution of unobservables. Models of this kind are prevalent in applied...
Persistent link: https://www.econbiz.de/10011757281
We build a comprehensive database that categorizes COVID-19 fiscal measures announcements in 12 European Union countries into 7 distinct spending categories. Through our empirical analysis, we investigate the impact of these support packages on the economy. Overall, the fiscal measures played a...
Persistent link: https://www.econbiz.de/10015325178
This paper explores the long-term relationship between public and private investment in the euro area. A stock-flow approach is proposed to control for the integration properties of the variables. Panel econometric techniques including international spillovers are employed. Private and public...
Persistent link: https://www.econbiz.de/10011498378