This paper derives limit distributions of empirical likelihood estimators for models in which inequality moment conditions provide overidentifying information. We show that the use of this information leads to a reduction of the asymptotic mean-squared estimation error and propose asymptotically...

We use a rich longitudinal data set for West Germany to disentangle the wage effects for female workers around first birth. Data on daily real wages reveal a dip in women’s real wages shortly before giving birth and a drop of 10 to 20 percent after finishing maternity leave and returning to...

We use a new measure of cognitive decline that is highly predictive of the onset of dementia and can be computed in standard surveys where recall memory tests are administered to the same individuals over the years. Using SHARE data, we investigate the association between cognitive decline and...

This paper uses same sex sibling composition as a strategy to identify the exogenous effects of childbearing on female labour force participation in South Africa. International studies typically find that sibling sex composition is strong instrument for childbearing, satisfying the two...

This paper investigates the existence of a possible media bias by analyzing the impact of automobile manufacturers’ advertisements on automobile reviews in a leading German car magazine. By accounting for both endogeneity and sample selection using a two-step procedure, we find a positive...

This paper studies the effect of attending a high-quality secondary school on subsequent educational outcomes. The analysis is based on data from the German Socio-Economic Panel Study in which we observe children when they make their secondary school choice (between ages 10-12) and later when...

This paper analyses the effect of retirement on cognitive functioning using a longitudinal survey among older Americans, which allows controlling for individual heterogeneity and endogeneity of the retirement decision by using the eligibility age for social security as an instrument. The results...

There are several examples of pelagic fisheries that have experiencedfishing collapse when facing downward abundance cycles. Improvingunderstanding about pelagic catch’s stock dependence can help avoid newcases of fishing collapse. This paper analyses the possible endogeneity ofthe fish stock...

This paper investigates the existence of a possible media bias by analyzing the impact of auto- mobile manufacturer’s advertisements on automobile reviews in a leading German car maga- zine. By accounting for both endogeneity and sample selection using a two-step procedure, we find a positive...

Natural disasters affect bilateral trade. We use this fact to generalize the instrumental variables strategy of Frankel and Romer (1999) to a panel setup. This allows revisiting an old question: Does openness cause per capita GDP? We work with a modified gravity framework in which we interact...