Showing 1 - 10 of 133
The evaluation of the impact of an increase in gasoline tax on demand relies crucially on the estimate of the price elasticity. This paper presents an extended application of the Partially Linear Additive Model (PLAM) to the analysis of gasoline demand using a panel of US households, focusing...
Persistent link: https://www.econbiz.de/10005837104
As a useful extension of partially linear models and additive models, partially linear additive model has been paid considerable attention in recent years. This paper considers statistical inference for the semiparametric model when the covariates in the linear part are measured with additive...
Persistent link: https://www.econbiz.de/10010994240
This article develops a mean field variational Bayes approximation algorithm for posterior inferences of the recently proposed partially linear additive models with simultaneous and automatic variable selection and linear/nonlinear component identification abilities. To solve the problem induced...
Persistent link: https://www.econbiz.de/10010906917
Persistent link: https://www.econbiz.de/10010558282
Persistent link: https://www.econbiz.de/10015078079
Abstract Since the seminal paper by [Heckman, J. J. 1974. “Shadow Prices, Market Wages, and Labor Supply.” Econometrica 42: 679–694], the sample selection model has been an essential tool for applied economists and arguably the most sensitive to sources of misspecification among the...
Persistent link: https://www.econbiz.de/10014612561
The potential impact of climate change on international migration patterns has recently received considerable attention in both the public and academic debate. Yet, much of the empirical literature fails to find increases in international migration due to climate change. The current paper...
Persistent link: https://www.econbiz.de/10013193548
An area of very active research in econometrics over the last 30 years has been that of non- and semi-parametric methods. These methods have provided ways to complement more-traditional parametric approaches in terms of robust alternatives, as well as preliminary data analysis. The present...
Persistent link: https://www.econbiz.de/10012611203
This paper analyzes whether the two major labor market reforms implemented in Spain in the 1990s to reduce the share of temporary employment succeed in promoting flows into permanent employment. The 1994 reform severely restricted temporary contracts and the 1997 reform introduced a new...
Persistent link: https://www.econbiz.de/10010317097
We define the wage incentive to management as the wage premium the manager earns because of his/her supervising role. We adopt an approach based on what if questions and estimate the premium at different quantiles of the distribution of wages for 26 European economies. To ease comparisons we...
Persistent link: https://www.econbiz.de/10010280767