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Persistent link: https://www.econbiz.de/10005285340
We estimate parametric and semi-parametric binary choice models of benefit take-up by British pensioners and use a revealed preference argument to infer the cash-equivalent value of disutility arising from stigma or complexity of the claims process. These implicit costs turn out to be relatively...
Persistent link: https://www.econbiz.de/10005241902
Cross-section demand relationships are usually estimated using data from short-duration expenditure surveys. The interpretation of such observations is not straightforward, since a zero recorded expenditure may understate true demand and a positive expenditure overstates demand. Deaton and Irish...
Persistent link: https://www.econbiz.de/10005244997
Microsimulation models are commonly used to examine the distributional impact of reforms of the means-tested benefit system. Take-up behaviour is related to the level of entitlement, so reform may induce changes in take-up. We develop a stochastic simulation method and apply it to a probit model...
Persistent link: https://www.econbiz.de/10005276505
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The authors estimate a discrete-choice model of farm tenures in fifteenth-century Florence using data in the form of an unbalanced panel, with individual farms nested within landlords' total property holdings. The probabilities of wage, rental, and sharecropping tenures are estimated, allowing...
Persistent link: https://www.econbiz.de/10005284375
We consider the issue of the dynamics of perceptions, as expressed in responses to survey questions on subjective wellbeing. We develop a simulated maximum likelihood method for estimation of dynamic linear models, where the dependent variable is partially observed through ordinal scales. This...
Persistent link: https://www.econbiz.de/10005186942
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We construct linked register data on five Norwegian birth cohorts, covering: criminal charges after age 15; family characteristics and history up to age 15; and (for males) IQ test scores. A longitudinal analysis of the risk of initiation into crime in early adulthood suggests an increased risk for...
Persistent link: https://www.econbiz.de/10009493370