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This dissertation considers a local control function approach for the binary response model under endogeneity. The objective of the Smoothed Maximum Score estimator (SMSE)(Horowitz 1992) is modified by weighting the observations with a kernel. Under some mild regularity conditions similar in...
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This paper analyzes the impact of IRCA 1986, a U.S. amnesty, on immigrants’human capital development and labor market outcomes. Because of IRCA, the 1975-1981 arrivals were all legalized by 1990. However, many of the 1982-1986 arrivalsremained illegal. Using the California Latino immigrants in...
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Using Fannie Mae loan-level data on fixed-rate owner occupied purchase mortgage acquisitions, we examine the role of tightened underwriting standards on the default risk of low and moderate income (LMI) homebuyers. In three distinct underwriting regimes and subsequent housing market environments...
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Rural China provides a useful case for investigating how traditional lineage networks affect people’s political and economic opportunities in the new industrial economy. Since the 1950s, China’s restrictive migration policy has frozen the size of lineages; and the Commune system has...
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With China’s rapid economic development and urbanization process, cities are facing great challenges for tackling anthropogenic climate change. In this paper we present features, trajectories and driving forces for energy-related greenhouse gas (GHG) emissions from four Chinese mega-cities...
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