Showing 1 - 10 of 21,104
A broad summary of the theoretical literature on economic growth shows that this theory has transcended the neoclassical paradigm and that market rationality does not govern the human development process. Instead human development is the appropriate standard for rationality. Using Gidwitz et...
Persistent link: https://www.econbiz.de/10010823285
We study the treatment effect of grade retention using a panel of French junior high-school students, taking unobserved heterogeneity and the endogeneity of grade repetitions into account. We specify a multistage model of human-capital accumulation with a finite number of types representing...
Persistent link: https://www.econbiz.de/10011995475
The wild bootstrap was originally developed for regression models with heteroskedasticity of unknown form. Over the past thirty years, it has been extended to models estimated by instrumental variables and maximum likelihood, and to ones where the error terms are (perhaps multi-way) clustered....
Persistent link: https://www.econbiz.de/10011939457
This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10011445721
The main purpose of this paper is to investigate the relationship between economic growth (EG) and energy consumption (EC) for the 34 OECD (Organisation for Economic Co-operation and Development) countries over the period 1990-2015.Analyze the static and especially dynamic sense of relation...
Persistent link: https://www.econbiz.de/10012651930
In this paper, football data from the 2007/2008 to 2016/2017 seasons of the Italian Serie A were used to identify the effects of replacing a coach mid-season due to poor team performance. We used an instrumental variable approach to correlate coach turnover within a season with player...
Persistent link: https://www.econbiz.de/10012146441
This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10010469057
This paper studies whether the allocation of municipal expenditure in Italy is influenced by female representation in Municipal Councils. Despite the existence of gender-specific preferences in society, we find no clear evidence that the amount of resources distributed among different spending...
Persistent link: https://www.econbiz.de/10013106592
In 2011 the UK government announced future plans to use subjective wellbeing as a measure of economic success. Understanding both the individual and geographic determinants of subjective wellbeing is important for future policy makers. Internal migration has important impacts on the geographic...
Persistent link: https://www.econbiz.de/10013085005
We propose a fairly general individual effects stochastic frontier model, which allows both heterogeneity and inefficiency to change over time. Moreover, our model handles the endogeneity problems if either at least one of the regressors or one-sided error term is correlated with the two-sided...
Persistent link: https://www.econbiz.de/10012903657