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The power of experiments: How big is your n?

Asanov, Igor; Bühren, Christoph; Zacharodimou, Panagiota - 2020

The replicability and credibility crisis in psychology and economics sparked the debate on underpowered experiments, publication biases, and p-hacking. Analyzing the number of independent observations of experiments published in Experimental Economics, Games and Economic Behavior, and the...

Persistent link: https://www.econbiz.de/10012543664

Causality and Econometrics

Heckman, James J.; Pinto, Rodrigo - 2022

This paper examines the econometric causal model for policy analysis developed by the seminal ideas of Ragnar Frisch and Trygve Haavelmo. We compare the econometric causal model with two popular causal frameworks: Neyman-Holland causal model and the do-calculus. The Neyman-Holland causal model...

Persistent link: https://www.econbiz.de/10013177722

Identification and estimation of dynamic structural models with unobserved choices

Hu, Yingyao; Xin, Yi - 2020

choices are partially unavailable, and dynamic discrete games. We propose a sieve maximum likelihood estimator for primitives …

Persistent link: https://www.econbiz.de/10012621121

The barycenter of the distribution and its application to the measurement of inequality: The balance of inequality, the Gini index, and the Lorenz curve

Di Maio, Giorgio - 2022

This paper introduces in statistics the notion of the barycenter of the distribution of a non-negative random variable Y with a positive finite mean μY and the quantile function Q(x). The barycenter is denoted by μX and defined as the expected value of the random variable X having the...

Persistent link: https://www.econbiz.de/10013467160

Non-Standard Errors*

Bosch-Rosa, Ciril; Kassner, Bernhard - 2023

In statistics, samples are drawn from a population in a data-generating process (DGP). Standard errors measure the uncertainty in estimates of population parameters. In science, evidence is generated to test hypotheses in an evidence-generating process (EGP). We claim that EGP variation across...

Persistent link: https://www.econbiz.de/10014467842

Econometric Causality: The Central Role of Thought Experiments

Heckman, James J.; Pinto, Rodrigo - 2023

This paper examines the econometric causal model and the interpretation of empirical evidence based on thought experiments that was developed by Ragnar Frisch and Trygve Haavelmo. We compare the econometric causal model with two currently popular causal frameworks: the Neyman-Rubin causal model...

Persistent link: https://www.econbiz.de/10014469458

The Impact of an Internet-Based Computer Laboratory on Graduate Students' Learning of Econometrics

Bucevska, Vesna - 2017

With an increased use of modern ICT methodologies in teaching econometrics, additional research is needed to evaluate their effects on students' learning of econometrics. The purpose of this paper is to empirically investigate how the Internet-based computer laboratory at Ss. Cyril and Methodius...

Persistent link: https://www.econbiz.de/10011920415

Identification and estimation of dynamic structural models with unobserved choices

Hu, Yingyao; Xin, Yi - 2019

This paper develops identification and estimation methods for dynamic structural models when agents' actions are unobserved by econometricians. We provide conditions under which choice probabilities and latent state transition rules are nonparametrically identified with a continuous state...

Persistent link: https://www.econbiz.de/10012146387

Income dependent equivalence scales, inequality, and poverty

Dudel, Christian; Garbuszus, Jan Marvin; Ott, Notburga; … - 2015

Most equivalence scales which are applied in research on poverty and inequality do not depend on income, although there is strong empirical evidence that equivalence scales in fact are income dependent. This paper explores the consistency of results derived from income independent and income...

Persistent link: https://www.econbiz.de/10011374211

An Oaxaca decomposition for nonlinear models

Bazen, Stephen; Joutard, Xavier; Magdalou, Brice - 2016

The widely used Oaxaca decomposition applies to linear models. Extending it to commonly used nonlinear models such as … duration models is not straightforward. This paper shows that the original decomposition that uses a linear model can also be … obtained by an application of the mean value theorem. By extension, this basis provides a means of obtaining a decomposition …

Persistent link: https://www.econbiz.de/10011458881