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More on confidence intervals for partially identified parameters

Stoye, Jörg - 2008

This paper extends Imbens and Manski's (2004) analysis of confidence intervals for interval identified parameters. For their final result, Imbens and Manski implicitly assume superefficient estimation of a nuisance parameter. This appears to have gone unnoticed before, and it limits the result's...

Persistent link: https://www.econbiz.de/10010288438

Instrumental variable models for discrete outcomes

Chesher, Andrew - 2009

Single equation instrumental variable models for discrete outcomes are shown to be set not point identifying for the structural functions that deliver the values of the discrete outcome. Identified sets are derived for a general nonparametric model and sharp set identification is demonstrated....

Persistent link: https://www.econbiz.de/10010288441

Efficient estimation of copula-based semiparametric Markov models

Chen, Xiaohong; Wu, Wei Biao; Yi, Yanping - 2009

This paper considers efficient estimation of copula-based semiparametric strictly stationary Markov models. These models are characterized by nonparametric invariant distributions and parametric copula functions; where the copulas capture all scale-free temporal dependence and tail dependence of...

Persistent link: https://www.econbiz.de/10010288444

Testing for stochastic monotonicity

Lee, Sokbae; Linton, Oliver; Whang, Yoon-Jae - 2008

We propose a test of the hypothesis of stochastic monotonicity. This hypothesis is of interest in many applications in economics. Our test is based on the supremum of a rescaled U-statistic. We show that its asymptotic distribution is Gumbel. The proof is difficult because the approximating...

Persistent link: https://www.econbiz.de/10010288448

Discrimination in dynamic procurement design with learning-by-doing

Barbosa, Klenio; Boyer, Pierre C. - 2012

Discriminatory programs that favor local and small firms in government procurement are common in many countries. This paper studies the long-run impact of procurement discrimination on market structure and future competition in industries where learning-by-doing makes incumbent firms more...

Persistent link: https://www.econbiz.de/10010288456

Partial fiscal decentralization and public-sector heterogeneity: Theory and evidence from Norway

Borge, Lars-Erik; Brueckner, Jan K.; Rattso, Jorn - 2012

more-general prediction that the characteristics of local jurisdictions should play a bigger role in determining the levels …

Persistent link: https://www.econbiz.de/10010288461

Faustmann and the climate

Hoel, Michael; Holtsmark, Bjart; Holtsmark, Katinka - 2012

This paper presents an adjusted Faustmann Rule for optimal harvest of a forest in the presence of a social cost of carbon emissions. A contribution of the paper is to do this within theoretical and numerical frameworks that take account of the dynamics and interactions of the forest's multiple...

Persistent link: https://www.econbiz.de/10010288462

The golden hello and political transitions

Aidt, Toke S.; Albornoz, Facundo; Gassebner, Martin - 2012

have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to …

Persistent link: https://www.econbiz.de/10010288466

International portability of health-cost cover: Mobility, insurance, and redistribution

Werding, Martin; McLennan, Stuart - 2012

Public health insurance and other arrangements covering health-costs effectively provide insurance against changes in … covering health costs and the requirements which have to be met to ensure full portability. When individuals are … internationally mobile, compensating payments are needed based on changes in expected net costs in both of the health funds involved …

Persistent link: https://www.econbiz.de/10010288469

Optimal participation taxes

Vidar, Christiansen - 2012

Addressing extensive labour supply responses, the literature has established a case for larger transfers to the working poor than to even poorer non-working people. This paper casts new light on this result. I argue that the result hinges crucially on the labour supply responses of people in...

Persistent link: https://www.econbiz.de/10010288470