The rapid economic growth experienced within the past two decades in China highly correlates with childhood overweightness. The epidemic has become an issue of grave concern. A principal factor considered to be responsible for the epidemic in the literature is unhealthy food intake, such as...

This paper examines the effect of measurement error in the dependent variable on quantile regression, because unlike OLS regression, even classical measurement error can generate bias. I examine the pattern and size of the bias using both simulation and an empirical example. The simulations...

A wide literature uses date of birth as an instrument to study the causal effects of educational attainment. This paper shows how parents delaying their children's initial enrollment in kindergarten, a practice known as redshirting, can make estimates obtained through this identification...

This paper focuses on a recent merger in Greek diary sector and empirically investigates the delineation of the market of production and distribution of white milk in Greece, the role of product asymmetries in market delineation along with evidences of unilateral effects of the merger and the...

In paired experiments, units are matched into pairs, and one unit of each pair is randomly assigned to treatment. To estimate the treatment effect, researchers often regress their outcome on a treatment indicator and pair fixed effects, clustering standard errors at the unit-of-randomization...

It is now an accepted fact that the majority of financial markets worldwide are neither normal nor constant, and South Africa is no exception. One idea that can be used to understand such markets and has been gaining popularity recently is that of regimes and regime-switching models. In this...

The fast-growing literature on the news and social media analysis provide empirical evidence that the financial markets are often driven by information rather than facts. However, the direct effects of sentiments on the returns are of main interest. In this paper, we propose to study the...

We consider panel parametric, semi-parametric and nonparametric methods of constructing counterfactuals. We show through extensive simulations that no method is able to dominate other methods in all circumstances. Since the true data generating process is typically unknown. We therefore also...

The estimation of causal effects is a primary goal of behavioral, social, economic and biomedical sciences. Under the unconfounded treatment assignment condition, adjustment for confounders requires estimating the nuisance functions relating outcome and/or treatment to confounders. The...

The estimation of causal effects is a primary goal of behavioral, social, economic and biomedical sciences. Under the unconfounded treatment assignment condition, adjustment for confounders requires estimating the nuisance functions relating outcome and/or treatment to confounders. The...