Showing 1 - 10 of 93
Standard error corrections for clustered samples impose untested restrictions on spatial correlations. Our example shows these are too conservative, compared with a spatial error model that exploits information on exact locations of observations, causing inference errors when cluster corrections...
Persistent link: https://www.econbiz.de/10008727275
Persistent link: https://www.econbiz.de/10012039224
Estimations of labor participation, based on samples of complex design, generally do not discuss the use of weights; implicitly considering that the data came from a simple random sampling. This paper studies the effects of the application of three weighing alternatives : i) not to weigh ii) to...
Persistent link: https://www.econbiz.de/10008509105
This paper aims to exercise a rather recent trend in applied microeconometrics, namely the effect of sampling design on statistical inference, especially on binary outcome model. Many theoretical research in econometrics have shown the inappropriateness of applying i.i.dassumed statistical...
Persistent link: https://www.econbiz.de/10005405596
Using data from the Panel Study of Income Dynamics, this paper examines the flow of U.S. households within and between two distinct segments of the housing market - renter-occupied properties and owner-occupied properties. The paper provides relevant empirical moments for microfounded models of...
Persistent link: https://www.econbiz.de/10010343336
Study of Income Dynamics (PSID), for which we assume that similar households (in terms of observed characteristics like age …
Persistent link: https://www.econbiz.de/10011559670
The computation of cross sectional weights in household panels is challenging because household compositions change over time. Sampling probabilities of new household entrants are generally not known and assigning them zero weight is not satisfying. Two common approaches to cross sectional...
Persistent link: https://www.econbiz.de/10011600955
We show that information revealed by the occupation choices of spouses predicts marital dissolution. Using a novel measure of occupational distance constructed from the O*Net Content Model, we find that spouses more closely matched in terms of their occupations' requisite knowledge are more...
Persistent link: https://www.econbiz.de/10011603325
This paper adopts an intertemporal labor supply perspective to propose a test that allows us to distinguish between intra-household non-commitment, limited commitment, and full commitment. It investigates whether, after controling for current and future (expected) wages, past wage shocks have a...
Persistent link: https://www.econbiz.de/10012059083
Drawing on the Panel Study of Income Dynamics, we document a startling empirical pattern: the career earnings premium from a four-year college degree (relative to a high school diploma) for persons from low-income backgrounds is considerably less than it is for those from higher-income...
Persistent link: https://www.econbiz.de/10012059532