This paper aims to isolate the ethnic gap on the labor market that can be attributed to ethnicity and not to differences in individual characteristics or residential location. Controlling for residential location is important as ethnic minorities often live in distressed neighborhoods. It is...

We use an extensive dataset on occupational wages to measure the manufacturing skill premium and evaluate the importance of the main drivers in literature plus the effects of natural resources and institutions. Results, regarding a panel of 21 countries between 1987 and 2003, suggest the...

This paper considers model selection in nonlinear panel data models where incidental parameters or large-dimensional nuisance parameters are present. Primary interest typically centres on selecting a model that best approximates the underlying structure involving parameters that are common...

We conduct two experiments where subjects make a sequence of binary choices between risky and ambiguous binary lotteries. Risky lotteries are defined as lotteries where the relative frequencies of outcomes are known. Ambiguous lotteries are lotteries where the relative frequencies of outcomes...

This paper studies a general class of nonlinear varying coefficient time series models with possible nonstationarity in both the regressors and the varying coffiecient components. The model accommodates a cointegrating structure and allows for endogeneity with contemporaneous correlation among...

This paper is an exposition of an experiment on revealed preferences, where we posit a novel discrete binary choice model. To estimate this model, we use general estimating equations or GEE. This is a methodology originating in biostatistics for estimating regression models with correlated data....

Demokratikus országok kormányai általában hajlamosak osztogatással készülni a választásokon való megmérettetésre, és ebből a szempontból a közép-kelet-európai régió új demokráciái sem látszanak kivételeknek. A cikk a választási gazdaságpolitika e régióbeli...

A magyar szakirodalom a hazai banki hitelezésiveszteség-elszámolási gyakorlat vizsgálatára eddig kevés figyelmet fordított. Pedig a nemzetközi tapasztalatok alapján elmondható, hogy a veszteségelszámolás nagyságrendjénél fogva nemcsak meghatározó eleme a bankok pénzügyi...

This paper estimates the causal impact of retirement among the 50-69 year-old on Body Mass Index (BMI), the probability of being either overweight or obese and the probability of being obese. Based on the 2004, 2006 and 2010-11 waves of the Survey of Health, Ageing and Retirement in Europe...

Using the Seemingly Unrelated Regression Estimation (SURE) technique, we examine the implications of four different types of foreign capital inflows, namely; Foreign Direct Investment (FDI), Official Development Assistance (ODA), Foreign Private Investment (FPI) and Remittances (REM) on output...