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pronounced for younger men and the bottom quartile of the earnings distribution. The former may be the consequence of permanent …
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This paper extends the Bayesian Model Averaging framework to panel data models where the lagged dependent variable as well as endogenous variables appear as regressors. We propose a Limited Information Bayesian Model Averaging (LIBMA) methodology and then test it using simulated data. Simulation...
Persistent link: https://www.econbiz.de/10009327870
The short run effect of the financial intermediary development on economic growth is ana- lyzed using an unbalanced panel of 77 countries covering 35 years. Empirical Likelihood (EL) estimation is used and compared to more conventional GMM methods that weight moment conditions equally over the...
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implementation of an ineffective food distribution policy affecting rural populations (i.e., accessibility issues). An econometric …
Persistent link: https://www.econbiz.de/10009415511
We employ data from the Panel Study of Income Dynamics to investigate income to health causality. To account for unobserved heterogeneity, we focus on the relationship between earnings growth and changes in self-reported health status. Causal claims are predicated upon appropriate moment...
Persistent link: https://www.econbiz.de/10009645440
Insert abstract here, this can be multiline text, keep in mind that there are no special characters here except of punctuation. No Umlaut etc.
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