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A comparison of two qantile models with endogeneity

Wüthrich, Kaspar - 2014

This paper analyzes estimators based on the instrumental variable quantile regression (IVQR) model (Chernozhukov and Hansen, 2004, 2005, 2006) under the local quantile treatment effects (LQTE) framework (Abadie et al., 2002). I show that the quantile treatment effect (QTE) estimators in the IVQR...

Persistent link: https://www.econbiz.de/10011420621

Sluggishness, Endogeneity and the Demand for Local Public Services

Dahlberg, Matz; Jacob, Johanna - 2000

is important to control for endogeneity and dynamics in empirical work. Using a panel of 266 Swedish municipalities over … potentially sluggish. We get significantly lower price- and income elasticities when we control for endogeneity and dynamics. In … addition, when we control for endogeneity and dynamics, we can no longer reject the hypothesis that observed behaviour can be …

Persistent link: https://www.econbiz.de/10010321816

Money for novelty: The role of venture capital investments for innovation in young technology-based firms

Heger, Diana - 2013

show that VC financing has a positive impact on both patenting and innovativeness, even if we account for endogeneity of VC …

Persistent link: https://www.econbiz.de/10010324140

Health and Work of the Elderly

Lindeboom, Maarten; Kerkhofs, Marcel - 2002

This paper aims to exp1ore the interre1ation between hea1th and work decisions of e1der1y workers, taking the various ways in which hea1th and work can influence each other exp1icitly into account. For this, two issues are of re1evance. Se1f-assessed health measures are usually at hand in...

Persistent link: https://www.econbiz.de/10010324746

An Econometric Analysis of the Mental-health Effects of Major Events in the Life of Elderly Individuals

Lindeboom, Maarten; Portrait, France; van den Berg, … - 2001

Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the spouse, disability, and a move toa nursing home, may affect the mental health status of the individual. Forexample, the individual may enter a prolonged depression. We...

Persistent link: https://www.econbiz.de/10010324864

Your Next of Kin or your Own Career? Caring and Working among the 50+ of Europe

Bolin, K.; Lindgren, B.; Lundborg, P. - 2007

An increasing demand for both formal and informal care is likely to result from the ongoing demographic transition at the same time as there is a further move away from the traditional domestic division of labour. Public policy-making that aims at increasing the supply of informal care...

Persistent link: https://www.econbiz.de/10010325465

Teenage Motherhood and Long-run Outcomes in South Africa

Gustafsson, Siv; Worku, Seble - 2007

Teenage motherhood is very high in South Africa. In 2001, 55 per thousand African South African women and 82 per thousand Coloured South African women were teenage mothers as compared to 8 among Indian South Africans and 3 among White South African women. In this paper we use the South African...

Persistent link: https://www.econbiz.de/10010325552

Education and Entrepreneurial Choice: An Instrumental Variables Analysis

Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - 2009

, however, is difficult since it is considered to be an endogenous variable. This study accounts for this endogeneity by using …

Persistent link: https://www.econbiz.de/10010325694

Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis

Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - 2010

endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial … endogeneity is really present, whether it matters and whether the selected instruments make sense. Using Bayesian methods, we find … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

Persistent link: https://www.econbiz.de/10010325824

Do Experts incorporate Statistical Model Forecasts and should they?

Legerstee, Rianne; Franses, Philip Hans; Paap, Richard - 2011

Experts can rely on statistical model forecasts when creating their own forecasts. Usually it is not known what experts actually do. In this paper we focus on three questions, which we try to answer given the availability of expert forecasts and model forecasts. First, is the expert forecast...

Persistent link: https://www.econbiz.de/10010326324