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Narrow Replication of Yogo (2004) Estimating the Elasticity of Intertemporal ...
This narrow replication exercise of Yogo (Review of Economics and Statistics 2004; 86(3): 797-810) finds results identical to the original paper, and provides results on... -
Climbing the drug staircase: a Bayesian analysis of the initiation of hard dr...
Since empirical studies have shown that cannabis users are much more likely to initiate hard drug use, a causal linkage has been suggested (?gateway hypothesis?). However,... -
Stocks, bonds, money markets and exchange rates: measuring international fina...
Understanding the complexity of the financial transmission process across various assets-domestically as well as within and across asset classes-requires the simultaneous... -
Can subjective expectations data be used in choice models? evidence on cognit...
A pervasive concern with the use of subjective data in choice models is that they are biased and endogenous. This paper examines the extent to which cognitive biases plague... -
Eliciting probabilistic expectations with visual aids in developing countries...
Eliciting subjective probability distributions in developing countries is often based on visual aids such as beans to represent probabilities and intervals on a sheet of paper... -
Estimating intergenerational schooling mobility on censored samples: conseque...
In this paper we estimate the impact of parental schooling on child schooling, focus on the problem that children who are still in school constitute censored observations, and...
