This paper develops a simple age-period-cohort framework in completing incomplete cohort fertility schedules, and makes full use of 1917--2005 U.S. data to obtain robust outcomes. Empirically, we indicate that the period effect is the key to transforming a fertility level into a fertility...

Horrace and Oaxaca (2001) treat the regressors in gender wage gap by industry measures as non-stochastic when computing the corresponding standard errors. However, the non-stochastic regressors assumption is thought to be inappropriate in modern econometrics. In this paper, we derive the correct...

This article examines the impacts of industrial agglomeration and outward foreign direct investment (OFDI) on the total factor productivity (TFP) of Taiwanese firms. A vertical FDI-based model of heterogeneous firms is proposed to analyze how agglomeration economies and technology...

In this note, we provide the application of HCCME-type refinements to nonlinear GMM models with Bayesian interpretations.