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This paper introduces a computationally-convenient means of combining qualitative forecasts, through use of logit regression, applicable in dichotomous, polychotomous and ordered poluchotomous contexts.
Persistent link: https://www.econbiz.de/10005597111
This paper has three parts. The first will discuss the fundamentals concerning both the nature of knowledge and the nature of the methodological requirements of explanation in neoclassical economics. The second will show how these fundamentals are applied to the explanation of economic decision...
Persistent link: https://www.econbiz.de/10005597112
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We estimate earnings differentials for knowledge of 13 minority languages in Canada's three largest urban areas. We find that conditional on knowledge of a majority language, knowledge of a minority language is associated with lower earnings. However, the negative differential diminishes for...
Persistent link: https://www.econbiz.de/10005597115
Persistent link: https://www.econbiz.de/10005597116
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The concept of a General Purpose Technology, or GPT, is subject to a variety of interpretations. Innovations in communications technology such as the Internet, in particular the ability to transmit large bolumes of data instantly, and at close to zero marginal cost to large populations around...
Persistent link: https://www.econbiz.de/10005597118
Pashardes (1991) and Banks, Blundell and Preston (1994) use parametric methods to estimate lifetime equivalence scales. Their approaches put parametric restrictions on the differences in within-period expenditure needs across household types, the intertemporal allocation of expenditure, and the...
Persistent link: https://www.econbiz.de/10005597119
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