Considerable prior research argues that time to death, not population aging, explains the growth of healthcare expenditures. The objective of this study is to shed light on this debate by presenting new evidence on the red herring hypothesis. This study adopts quantile regression analysis to...

Over the past 20 years the Italian labour market has experienced several institutional changes and socio-demographic developments. This paper explores how such changes have affected the distribution of private not agricultural earnings using longitudinal administrative records collected in the...

Identi?cation in most sample selection models depends on the independence of the regressors and the error terms conditional on the selection probability. All quantile and mean functions are parallel in these models; this implies that quantile estimators cannot reveal any? per assumption...

Partial linear single-index model (PLSIM) is a flexible and applicable model when investigating the underlying relationship between the response and the multivariate covariates. Most previous studies on PLSIM concentrated on mean regression, based on least square or likelihood approach. In...

<Para ID="Par1">This study analyses the effect of R&D expenditure on firm employment growth in the medium term, using six cross-sectional waves of an innovation survey conducted in the Netherlands in all sectors. The analysis is focused on firms having positive R&D expenditure and investigates whether higher...</para>

Market value–based assessment systems introduce objectivity and transparency into the assessment process by partially removing assessors’ bias while benchmarking assessed values against the recently sold properties. This article explores vertical equity of Indiana’s new...

This article examines the problem of response error in survey earnings data. Comparing workers’ earnings reports in the U.S. Census Bureau’s Survey of Income and Program Participation (SIPP) to their detailed W-2 earnings records from the Social Security Administration, we employ...

This paper studies the industry-specific relationship between industrial clustering and firm growth. Micro-geographically defined agglomeration measures, free of the modifiable areal unit problem (MAUP), are used to study 23 industries. The spatial impacts of agglomeration of related economic...

Currently, in order to remain competitive companies are adopting customer centered strategies and consequently customer relationship management (CRM) is gaining increasing importance. In this context, customer retention deserves particular attention. This paper proposes a model for partial churn...

Fierce competition as well as the recent financial crisis in financial and banking industries made credit scoring gain importance. An accurate estimation of credit risk helps organizations to decide whether or not to grant credit to potential customers. Many classification methods have been...