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A brief introduction to estimating Generalized Method of Moments models in Stata, using the optimize() function in Mata, with applications to nonlinear IV models.
Persistent link: https://www.econbiz.de/10005053602
A brief survey of clustered errors, focusing on estimating cluster–robust standard errors: when and why to use the cluster option (nearly always in panel regressions), and implications. Additional topics may include using svyset to specify clustering, multidimensional clustering, clustering in...
Persistent link: https://www.econbiz.de/10005027897
Persistent link: https://www.econbiz.de/10005748338
The focus on efficiency costs in the empirical literature on Disability Insurance (DI) provides a misleading view of the adequacy of payment levels. In order to evaluate whether workers are over- or under-insured through the social insurance program, we develop a framework that allows us to...
Persistent link: https://www.econbiz.de/10005588949
This paper presents the Economic Security Index (ESI), a new, more comprehensive measure of economic insecurity. By combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting for fluctuations in income and out-of pocket...
Persistent link: https://www.econbiz.de/10010592562
Roughly one half of hospitals in the U.S. are in rural areas, yet researchers have largely studied the effects of hospital ownership in the urban context. We examine differences in the provision of profitable and unprofitable medical services in rural areas across nonprofit, for-profit, and...
Persistent link: https://www.econbiz.de/10008919723
Special problems arise when trying to do causal inference for binary regression with observational data; we will examine some of these problems and critically examine several common and not-so-common solutions.
Persistent link: https://www.econbiz.de/10009188285
Although cluster–robust standard errors are now recognized as essential in a panel-data context, official Stata only supports clusters that are nested within panels. This rules out the possibility of defining clusters in the time dimension, and modeling contemporaneous dependence of panel...
Persistent link: https://www.econbiz.de/10009189398
The focus on efficiency costs in the empirical literature on Disability Insurance (DI) provides a misleading view of the adequacy of payment levels. In order to evaluate whether workers are over- or under-insured through the social insurance program, we develop a framework that allows us to...
Persistent link: https://www.econbiz.de/10008679071
Immigration is transforming the U.S. labor force with important consequences for Social Security’s adequacy and finances. Using longitudinal data from the Survey of Income and Program Participation matched to rich administrative data on lifetime earnings and benefit receipt, we measure the...
Persistent link: https://www.econbiz.de/10009019509