Issues in the contingent valuation of environmental goods : methodologies for data collection and analysis / Gregory K. Leonard -- exploring a budget context for contingent valuation lestimates / Christopher Maxwell -- Where do the numbers come from? : how people respond to contingent valuation...

A title that aims to annually publish original scholarly econometrics papers on designated topics with the intention of expanding the use of developed and emerging econometric techniques by disseminating ideas on the theory and practice of econometrics throughout the empirical economic, business...

We propose a new estimator for the dynamic panel model, which solves the failure of strict exogeneity by calculating the bias in the first-order conditions as a function of the autoregressive parameter and solving the resulting equation. The estimator does well in a wide variety of situations...

This paper proposes a speci.cation test of the mixed logit models, by generalizing Haus- man and McFadden.s (1984) test. We generalize the test even further by considering a model developed by Berry, Levinsohn and Pakes (1995).

This paper gives a relatively simple, well behaved solution to the problem of many instruments in heteroskedastic data. Such settings are common in microecono- metric applications where many instruments are used to improve efficiency and allowance for heteroskedasticity is generally important....

We propose a novel estimator for the dynamic panel model, which solves the failure of strict exogeneity by calculating the bias in the first-order conditions as a function of the autoregressive parameter and solving the resulting equation. We show that this estimator performs well as compared...