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Identification and estimation of bounds on school performance measures: a non...
This paper identifies and nonparametrically estimates sharp bounds on school performance measures based on test scores that may not be valid for all students. A mixture model... -
Inter-state dynamics of invention activities, 1930–2000 (replication data)
We study the dynamics of the cross-section distribution of patents per capita for the 48 continental US states from 1930 to 2000 using a discrete-state Markov chain. We test for... -
A re-interpretation of the linear quadratic model when inventories and sales ...
Estimation of the linear quadratic model, the workhorse of the inventory literature, traditionally takes inventories and sales to be first-difference stationary series, and the... -
Is there a risk–return trade-off? Evidence from high-frequency data (replicat...
This paper examines the intertemporal relation between risk and return for the aggregate stock market using high-frequency data. We use daily realized, GARCH, implied, and... -
Convergence of productivity: a comment (replication data)
We find that an important programming error was made by Hobijn and Franses (2000) in conducting multivariate stationarity tests. The empirical results in their paper are subject... -
Cannabis, cocaine and jobs (replication data)
This paper uses a dataset collected among inhabitants of Amsterdam, to study the employment effects of the use of cannabis and cocaine. For females no negative effects of drug... -
The Engel curve for alcohol and the rank of demand systems (replication data)
This paper shows that the quadratic shape of the Engel curve for alcohol is induced by preference heterogeneity between drinkers and abstainers in a Japanese data set. With... -
The costs of motherhood: an analysis using matching estimators (replication d...
We estimate the effect of motherhood on wages using matching. We distinguish between net and direct effects. The net effect includes the total wage costs, whereas the direct... -
The effect of household characteristics on living standards in South Africa 1...
This paper examines whether the dismantling of apartheid has resulted in an improvement in the standard of living for the vast majority of South Africans. The study is based on... -
The welfare effects of restricted hospital choice in the US medical care mark...
Managed care health insurers in the USA restrict their enrollees' choice of hospitals to within specific networks. This paper considers the implications of these restrictions. A... -
Age–period–cohort decomposition of aggregate data: an application to US and J...
This paper compares two methods of analyzing aggregate data that is classified by period and age. Because there is a linear relationship among age, period, and cohort, it is not... -
Bayesian analysis of the two-part model with endogeneity: application to heal...
This paper studies the effect of managed care on medical expenditure using a model in which the insurance status is assumed to be endogenous. Insurance plan choice is modeled... -
A dynamic model of contraceptive choice of Spanish couples (replication data)
We propose a simple dynamic stochastic model of sterilization and contraceptive use and we estimate its structural parameters using a sample of married couples from the 1995... -
Health insurance and retirement of married couples (replication data)
Most health insurance in the USA is provided by employers until eligibility for public health insurance (Medicare) begins at age 65. Retiring before 65 exposes workers who lack... -
The emerging market crisis and stock market linkages: further evidence (repli...
This study examines the long-run price relationship and the dynamic price transmission among the USA, Germany, and four major Eastern European emerging stock markets, with... -
Semi-parametric estimation of consumption-based equivalence scales: the case ...
Consumption-based equivalence scales are estimated by applying the extended partially linear model (EPLM) to the 1998 German Income and Consumption Survey (EVS). In this model... -
Assessing the effects of measurement errors on the estimation of production f...
This article explores to what extent the poor results that are often found when estimating parameters of production functions can be attributed to measurement errors, due to the... -
Calculus attainment and grades received in intermediate economic theory (repl...
We revisit the work of Butler et al. (1998) who examine the effect of mathematical preparation on grades received in intermediate economic theory courses. Using a Bayesian... -
How quickly do forecasters incorporate news? Evidence from cross-country surv...
Using forecasts from Consensus Economics Inc., we provide evidence on the efficiency of real GDP growth forecasts by testing whether forecast revisions are uncorrelated. As the... -
Wealth dynamics: reducing noise in panel data (replication data)
Although the asset data from the Health and Retirement Study (HRS) is of very high quality, there is sufficient noise to frustrate attempts to study saving behaviour by...