heterogeneity and spatial correlation across units. We discuss instrumental variable estimation under both the fixed and the random … autocorrelation in the disturbances. We derive the large sample properties of our estimation procedures and show that the test …

use a new data set on crime correlates for each of the US states, the original model specifica-tion and estimation …The hypothesis that the legalisation of abortion contributed significantly to the reduction of crime in the United … Freakonomics. This paper expands on the existing literature about the computational stability of abortion-crime regressions by …

likelihood estimation method set forth by Aquaro, Bailey and Pesaran (2015), we rely on a Markov Chain Monte Carlo (MCMC …) estimation methodology. MCMC estimates as applied here with non-informative priors will produce estimates equal to those from …