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Explaining and forecasting results of the Self-Sufficiency Project

Ferrall, Christopher (contributor) - 2008

This paper models the Self-Sufficiency Project (SSP), a controlled randomized experiment concerning welfare. The model of household behavior includes stochastic labor market skill, job opportunities, and value of non-labor market time. All the variation within and between treatment groups,...

Persistent link: https://www.econbiz.de/10003721636

Labor Market Matching, Wages, and Amenities

Lamadon, Thibaut; Lise, Jeremy; Meghir, Costas; Robin, … - National Bureau of Economic Research - 2024

This paper develops the nonparametric identification of models with production complementarities, worker-firm specific disutility of labor and search frictions. Mobility in the model is subject to preference shocks, and we assume that firms can write wage contracts. We develop a constructive...

Persistent link: https://www.econbiz.de/10014635650

Handling Endogenous Marketing Mix Regressors in Correlated Heterogeneous Panels with Copula Augmented Mean Group Estimation

Yang, Liying; Qian, Yi; Xie, Hui - National Bureau of Economic Research - 2024

coefficients (slope endogeneity) can introduce significant estimation bias, resulting in misleading inference. This paper proposes … inference without the need to bootstrap. For short dynamic panels, a Jackknife bias-corrected 2sCOPE-MG estimator is provided to … ensure unbiased inference. The usage of the 2sCOPE-MG estimator is demonstrated by Monte Carlo simulations and a marketing …

Persistent link: https://www.econbiz.de/10015171668

In- and out-of-sample specification analysis of spot rate models : further evidence for the period 1982-2008

Cai, Lili; Swanson, Norman R. - 2011

We review and construct consistent in-sample specification and out-of-sample model selection tests on conditional distributions and predictive densities associated with continuous multifactor (possibly with jumps) and (non)linear discrete models of the short term interest rate. The results of...

Persistent link: https://www.econbiz.de/10009130742

Comparison of Bayesian model selection criteria and conditional Kolmogorov test as applied to spot asset pricing models

Shen, Xiangjin; Tsurumi, Hiroki - 2011

We compare Bayesian and sample theory model specification criteria. For the Bayesian criteria we use the deviance information criterion and the cumulative density of the mean squared errors of forecast. For the sample theory criterion we use the conditional Kolmogorov test. We use Markov chain...

Persistent link: https://www.econbiz.de/10009151894

Inference in moment inequality models that Is robust to spurious precision under model misspeci fication

Andrews, Donald W. K.; Kwon, Soonwoo - 2019 - Revised: July 8, 2019

Persistent link: https://www.econbiz.de/10012053175

Eastern enlargement and EU-labour markets : perceptions, challenges and opportunities

Boeri, Tito; Brücker, Herbert - 2001

This paper summarises the key findings of a recent study on the impact of Eastern Enlargement of the European Union (EU) on labour markets in the current Member States. The study focuses on three main channels, along which enlargement may affect labour markets in the EU, namely i) trade, ii)...

Persistent link: https://www.econbiz.de/10001623999

Labour supply and labour force participation in Europe : a discussion of some recent developments and projections

Chagny, Odile; Döpke, Jörg; Plane, Mathieu; Schmidt, … - 2001

Persistent link: https://www.econbiz.de/10001584395

Building criminal capital behind bars : social learning in juvenile corrections

Bayer, Patrick J.; Hjalmarsson, Randi; Pozen, David E. - 2003

Persistent link: https://www.econbiz.de/10001796243

Voluntary public unemployment insurance

Parsons, Donald O.; Tranæs, Torben; Lilleør, Helene Bie - 2003

Voluntary public unemployment systems are limited to a handful of countries, including Finland, Sweden, and, more substantially, Denmark. A voluntary system has the positive feature of other user-cost schemes, potentially efficient targeting of services. This presumes rational behavior as well...

Persistent link: https://www.econbiz.de/10001804315