Showing 41 - 50 of 1,103
Persistent link: https://www.econbiz.de/10005238925
Microeconomic surveys are usually subject to the problem of item nonresponse, typically associated with variables like income and wealth, where confidentiality and/or lack of accurate information can affect the response behavior of the individual. Follow up categorical questions can reduce item...
Persistent link: https://www.econbiz.de/10014185656
Item nonresponse in micro surveys can lead to biased estimates of the parameters of interest if such nonresponse is nonrandom. Selection models can be used to correct for this, but parametric and semiparametric selection models require additional assumptions. Manski has recently developed a new...
Persistent link: https://www.econbiz.de/10014185657
Household surveys are often plagued by item non-response on economic variables of interest like income, savings or the amount of wealth. Manski (1989, 1994, 1995) shows how, in the presence of such non-response, bounds on conditional quantiles of the variable of interest can be derived, allowing...
Persistent link: https://www.econbiz.de/10014164285
We analyse several limited dependent variable models explaining the budget share that Dutch families spend on vacations. To take account of the substantial number of zero shares, two types of models are used. The first is the single-equation censored regression model. We estimate and test...
Persistent link: https://www.econbiz.de/10005823637
Persistent link: https://www.econbiz.de/10005228940
Attitudes towards risk play a major role in many economic decisions. In empirical studies one quite often assumes that attitudes towards risk do not vary across individuals. This papers questions this assumption and analyses which factors influence an individual's risk attitude. Based on...
Persistent link: https://www.econbiz.de/10011090578
Household equivalence scales are not identified from consumer demand data alone. We estimate household equivalence scales using two types of subjective information. First, we use the answers to questions on the income required to attain a given utility level. This is the type of information...
Persistent link: https://www.econbiz.de/10011090685
A new semiparametric estimator for the censored regression panel data model with fixed effects is introduced. It is based upon an estimator proposed by Honore for the case of two time periods combined with ideas of Newey to improve the efficiency. The estimator is more efficient than Honore's...
Persistent link: https://www.econbiz.de/10011090920
Empirical implementation of labour supply theories is usually based on realized labour market behaviour. This requires strong assumptions about the impact of labour demand. A possibility to avoid these assumptions is to make use of subjective data on desired labour supply. In this paper we...
Persistent link: https://www.econbiz.de/10011090928