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This paper studies the inference problem of an infinite‐dimensional parameter with a shape restriction. This parameter is identified by arbitrarily many unconditional moment equalities. The shape restriction leads to a convex restriction set. I propose a test of the shape restriction, which...
Persistent link: https://www.econbiz.de/10012213985
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
In this paper, we study the asymptotic behavior of specification tests in conditional moment restriction models under first-order local identification failure with dependent data. More specifically, we obtain conditions under which the conventional specification test for conditional moment...
Persistent link: https://www.econbiz.de/10015053885
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Organizational creativity is indispensable in a highly competitive and dynamic academic environment; and the role of individuals is mostly unquantifiable. Hence the study argued that the ideas, novel research output, patents, grants of the academic staff depend on the flexible wellbeing of the...
Persistent link: https://www.econbiz.de/10012888273
The aim of this paper is calculating the impact of taxes on inequality of lifetime income distribution in Argentina. Unlike other previous studies on the matter, which performed calculations on annual incidence or approximations on the measurement of lifetime income through current consumption...
Persistent link: https://www.econbiz.de/10013486198
The adjustment of the information obtained from household surveys to make the figures compatible with National Accounts is a non-standard and potentially questionable practice given that it alters the structure of income distribution. This paper analyzes the sensitivity of inequality and poverty...
Persistent link: https://www.econbiz.de/10009310748
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Moderne Marktordnungen schützen den Verbraucher vor Schäden und sichern den Leistungswettbewerb und die Funktionsfähigkeit von Märkten. Wettbewerbsorientierte Verbraucherpolitik und verbraucherorientierte Wettbewerbspolitik ergänzen sich dabei. Die Verhaltensökonomik zeigt allerdings, dass...
Persistent link: https://www.econbiz.de/10009689209