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This paper proposes a flexible time-varying stochastic frontier model. Similarly to Lee and Schmidt [1993, In: Fried H, Lovell CAK, Schmidt S (eds) The measurement of productive efficiency: techniques and applications. Oxford University Press, Oxford], we assume that individual firms’...
Persistent link: https://www.econbiz.de/10005711823
We examine the determinants of election as Fellow of the Econometric Society, an example of voting within a group to confer honor on some members and perhaps achieve additional status for the entire group. Using data from annual elections from 1990-2000, we find that objective measures of...
Persistent link: https://www.econbiz.de/10005718779
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The Family Support Act allows states to reimburse child care costs up to the 75th percentile of local market price for child care. States must carry out surveys to estimate these 75th percentiles. This estimation problem raises two major statistical issues: (1) picking a sample design that will...
Persistent link: https://www.econbiz.de/10005777271
Farmers' decisions about conversion to organic farming are analyzed with a structural equation model. The Theory of Planned Behavior (ToPB), one of the prominent theories in the social psychology, is used as the theoretical basis of this study. Though ToPB is a well-defined theory, it is static...
Persistent link: https://www.econbiz.de/10005805115
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This paper considers the estimation of likelihood-based models in a panel setting. That is, we have panel data, and for each time period separately we have a correctly specified model that could be estimated by MLE. We want to allow non-independence over time. This paper shows how to improve on...
Persistent link: https://www.econbiz.de/10008493166
This paper analyses annual, age-specific retirement rates in Germany between 1971 and 1991. The time-series data show significant changes in overall and age-specific retirement behavior over the 21 year period. The literature provides two alternative explanations for the observed developments:...
Persistent link: https://www.econbiz.de/10008531778
As stated in the preamble of the founding Treaty of the European Economic Community (EEC) of 1957, the essential goal of European integration, is to improve the living and employment situation (usually measured in terms of per-capita GDP and unemployment rate) of EU citizens. From an economic...
Persistent link: https://www.econbiz.de/10008534271