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  1. The effect of college education on health and mortality
    evidence from Canada
    Author: Lacroix, Guy; Laliberté-Auger, Francois; Michaud, Pierre-Carl; Parent, Daniel
    Published: Decembre 2018
    Publisher:  CIRANO, Centre interuniversitaire de recherche en analyse des organisations, Montréal

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    Language: English
    Media type: Book
    Format: Online
    Series: Scientific series / CIRANO, Centre interuniversitaire de recherche en analyse des organisations ; 2018s, 41
    Subjects: mortality; education; microsimulation; quasi-experimental; instrumental variables; veterans
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  2. The effect of college education on health and mortality
    evidence from Canada
    Author: Lacroix, Guy; Lalibertée-Auger, Francois; Michaud, Pierre-Carl; Parent, Daniel
    Published: December 2018
    Publisher:  [Centre de recherche sur les risques les enjeux économiques et les politiques publiques], [Québec]

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    Series: [Cahier de recherche] / Centre de recherche sur les risques les enjeux économiques et les politiques publiques ; 2018, 20
    Subjects: mortality; education; microsimulation; quasi-experimental; instrumental variables; veterans
    Scope: 1 Online-Ressource (circa 22 Seiten)
  3. Intergovernmental transfers and expenditure arrears
    Author: Chiades, Paolo; Greco, Luciano; Mengotto, Vanni; Moretti, Luigi; Valbonesi, Paola
    Published: [2016]
    Publisher:  Banca d'Italia Eurosistema, [Rom]

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    Language: English
    Media type: Book
    Format: Online
    Series: Temi di discussione / Banca d'Italia ; number 1076 (July 2016)
    Subjects: local public finance; fiscal consolidation; fiscal rules; instrumental variables
    Scope: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  4. Efectos de la desregulación del sistema universitario en el mercado laboral en Perú
    Author: Pozo Loayza, César Edinho del
    Published: [2018]
    Publisher:  CEDLAS, Universidad Nacional de la Plata, [La Plata, Argentina]

    In 1995 the peruvian's university system was reformed, the requirements for the entry of new universities were relaxed, the result of this reform was an relevant increases in the number of universities (around218%between1996and2017). The reform... more

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    In 1995 the peruvian's university system was reformed, the requirements for the entry of new universities were relaxed, the result of this reform was an relevant increases in the number of universities (around218%between1996and2017). The reform caused a significant proportion of workers, especially those born after 1980 to pursue higher education, which in the absence of the reform would they not have been able to access to the university system. Differences in the exposure to the reform in terms of the workers' year of birth, allow me to recover positive causal effects of higher education on wages and labor conditions, mainly a lower probability of labor informality.

     
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    Language: Spanish
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/214128
    Series: Documento de trabajo / CEDLAS ; nro. 235 (octubre 2018)
    Subjects: Higher education; instrumental variables; wage premium; labor informality
    Scope: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  5. The long-term effects of employer-sponsored pension plans on non-workplace returns on investments
    Author: Messacar, Derek; Morissette, René
    Published: January 14, 2019
    Publisher:  Statistics Canada, [Ottawa]

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    ISBN: 9780660290546
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    11F0019M-No. 413
    Series: Analytical Studies Branch research paper series ; no. 403
    Research paper / Statistics Canada
    Subjects: Employer-sponsored pension plan; tax-free savings account; return on investment; financial competence; administrative tax data; instrumental variables
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  6. The role of obstacles to innovation on innovative activities
    an empirical analysis : prepared for the institutions for development sector
    Author: Zahler, Andrés; Goya, Daniel; Caamaño, Matías
    Published: December 2018
    Publisher:  Inter-American Development Bank (IDB), [Washington, DC]

    We study the effect of different types of barriers to innovation (financial, demand, knowledge, market, cooperation, and regulatory barriers) on firm level innovation inputs and outputs. Using a pooled sample of three Chilean innovation surveys,... more

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    We study the effect of different types of barriers to innovation (financial, demand, knowledge, market, cooperation, and regulatory barriers) on firm level innovation inputs and outputs. Using a pooled sample of three Chilean innovation surveys, based on an instrumental variables approach, we find that the probability of generating innovation outcomes is signficantly reduced by demand and financial barriers. Regarding inputs for innovation, we find a clear negative relationship between financial and demand obstacles and the propensity to incur (non-R&D) innovation expenditures, but not with its intensity. We also provide evidence of heterogeneous effects across sectors, finding that knowledge obstacles are relevant for manufacturing and market structure obstacles for services, while demand and financial obstacles appear to matter across the board.

     
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    46
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/208159
    Series: IDB working paper series ; no. IDB-WP-965
    Subjects: Financial and non-financial barriers to innovation; sectoral heterogeneity in innovation barriers; potential innovators; instrumental variables
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  7. The impact of mass migration of Syrians on the Turkish labor market
    Author: Aksu, Ege; Erzan, Refik; Kirdar, Murat G.
    Published: December 2018
    Publisher:  IZA, Bonn, Germany

    We estimate the effects of the arrival of 2.5 million Syrian migrants in Turkey by the end of 2015 on the labor market outcomes of natives, using a difference-in-differences IV methodology. We show that relaxing the common-trend assumption of this... more

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    We estimate the effects of the arrival of 2.5 million Syrian migrants in Turkey by the end of 2015 on the labor market outcomes of natives, using a difference-in-differences IV methodology. We show that relaxing the common-trend assumption of this methodology - unlike recent papers in the same setting - makes a substantial difference in several key outcomes. Despite the massive size of the migrant influx, no adverse effects on the average wages of men or women or on total employment of men are observed. For women, however, total employment falls - which results mainly from the elimination of part-time jobs. While the migrant influx has adverse effects on competing native workers in the informal sector, it has favorable effects on complementary workers in the formal sector. We estimate about one-to-one replacement in employment for native men in the informal sector, whereas both wage employment and wages of men in the formal sector increase. Our findings, including those on the heterogeneity of effects by age and education, are consistent with the implications of the canonical migration model. In addition, increases in prices in the product market and in capital flow to the treatment regions contribute to the rise in labor demand in the formal sector.

     
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    Language: English
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    Other identifier:
    hdl: 10419/193344
    Series: Discussion paper series / IZA ; no. 12050
    Subjects: labor force and employment; wages; immigrant workers; formal and informal sectors; Syrian refugees; Turkey; difference-in-differences; instrumental variables
    Scope: 1 Online-Ressource (circa 99 Seiten), Illustrationen
  8. Risk aversion and entrepreneurship
    new evidence exploiting exposure to massive earthquakes in Italy
    Author: De Blasio, Guido; De Paola, Maria; Poy, Samuele; Scoppa, Vincenzo
    Published: December 2018
    Publisher:  IZA, Bonn, Germany

    This paper investigates the impact of risk attitudes on the decision to become an entrepreneur. In contrast to previous research, we handle endogeneity issues relying on an instrumental variables strategy considering as a source of exogenous... more

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    This paper investigates the impact of risk attitudes on the decision to become an entrepreneur. In contrast to previous research, we handle endogeneity issues relying on an instrumental variables strategy considering as a source of exogenous variation in risk aversion the early exposure to a massive earthquake. Using several waves of the Bank of Italy Survey of Household Income and Wealth (SHIW), we find that individuals experiencing an earthquake become significantly more risk averse. Second-stage estimates show that risk aversion has a significant negative impact on the probability of becoming an entrepreneur.

     
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    Other identifier:
    hdl: 10419/193351
    Series: Discussion paper series / IZA ; no. 12057
    Subjects: entrepreneurship; risk attitudes; natural disasters; instrumental variables
    Scope: 1 Online-Ressource (circa 32 Seiten), Illustrationen
  9. Investment decisions by European firms and financing constraints
    Author: Mercatanti, Andrea; Mäkinen, Taneli; Silvestrini, Andrea
    Published: [2017]
    Publisher:  Banca d'Italia Eurosistema, [Rom]

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    Format: Online
    Series: Temi di discussione / Banca d'Italia ; number 1148 (October 2017)
    Subjects: capital expenditure; financing constraints; financial crisis; correlated random coefficient; panel data models; instrumental variables
    Scope: 1 Online-Ressource (circa 91 Seiten), Illustrationen
  10. Decentralization estimators for instrumental variable quantile regression models
    Author: Kaido, Hiroaki; Wüthrich, Kaspar
    Published: [2018]
    Publisher:  Cemmap, Centre for Microdata Methods and Practice, The Institute for Fiscal Studies, Department of Economics, UCL, [London]

    The instrumental variable quantile regression (IVQR) model of Chernozhukov and Hansen (2005, 2006) is a flexible and powerful tool for evaluating the impact of endogenous covariates on the whole distribution of the outcome of interest. Estimation,... more

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    The instrumental variable quantile regression (IVQR) model of Chernozhukov and Hansen (2005, 2006) is a flexible and powerful tool for evaluating the impact of endogenous covariates on the whole distribution of the outcome of interest. Estimation, however, is computationally burdensome because the GMM objective function is non-smooth and non-convex. This paper shows that the IVQR estimation problem can be decomposed into a set of conventional quantile regression sub-problems, which are convex and can be solved efficiently. This allows for reformulating the original estimation problem as the problem of finding the fixed point of a low dimensional map. This reformulation leads to new identification results and, most importantly, to practical, easy to implement, and computationally tractable estimators. We explore estimation algorithms based on the contraction mapping theorem and algorithms based on root-finding methods. We prove consistency and asymptotic normality of our estimators and establish the validity of a bootstrap procedure for estimating the limiting laws. Monte Carlo simulations support the estimator's enhanced computational tractability and demonstrate desirable finite sample properties.

     
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    Other identifier:
    hdl: 10419/211092
    Series: Cemmap working paper ; CWP18, 72
    Subjects: instrumental variables; quantile regression; contraction mapping; fixed point estimator; bootstrap
    Scope: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  11. Naturalization and labor market performance of immigrants in Germany
    Author: Riphahn, Regina T.; Saif, Salwan
    Published: 2018
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich

    Naturalization may be a relevant policy instrument affecting immigrant integration in host-country labor markets. We study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and exploit a... more

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    Naturalization may be a relevant policy instrument affecting immigrant integration in host-country labor markets. We study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and exploit a reform of naturalization rules in an instrumental variable estimation. In our sample of recent immigrants, linear regression yields positive correlations between naturalization and beneficial labor market outcomes. Once we account for the endogeneity of naturalization most coefficients decline in magnitude and lose statistical significance: male immigrants' labor market outcomes do not benefit significantly from naturalization. Naturalization reduces the risks of unemployment and welfare dependence for female immigrants. For males and females, the propensity to hold a permanent contract increase as a consequence of naturalization. The results are robust to modifications of samples and the instrument.

     
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    Media type: Book
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    Other identifier:
    hdl: 10419/185415
    Series: Array ; no. 7217
    Subjects: citizenship; migration; naturalization; labor market outcomes; instrumental variables
    Scope: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  12. Naturalization and labor market performance of immigrants in Germany
    Author: Riphahn, Regina T.; Saif, Salwan
    Published: August 2018
    Publisher:  BGPE, Bavarian Graduate Program in Economics, Erlangen-Nuremberg

    Naturalization may be a relevant policy instrument affecting immigrant integration in hostcountry labor markets. We study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and exploit a reform... more

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    Naturalization may be a relevant policy instrument affecting immigrant integration in hostcountry labor markets. We study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and exploit a reform of naturalization rules in an instrumental variable estimation. In our sample of recent immigrants, linear regression yields positive correlations between naturalization and beneficial labor market outcomes. Once we account for the endogeneity of naturalization most coefficients decline in magnitude and lose statistical significance: male immigrants' labor market outcomes do not benefit significantly from naturalization. Naturalization reduces the risks of unemployment and welfare dependence for female immigrants. For males and females, the propensity to hold a permanent contract increase as a consequence of naturalization. The results are robust to modifications of samples and the instrument.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/201657
    Series: BGPE discussion paper ; no. 181
    Subjects: citizenship; migration; naturalization; labor market outcomes; instrumental variables
    Scope: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  13. Are substitute services a barrier to controlling long-term care expenditures?
    Author: Kattenberg, Mark; Bakx, Pieter
    Published: September 2018
    Publisher:  CPB Netherlands Bureau for Economic Policy Analysis, The Hague

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    Format: Online
    Series: CPB discussion paper ; 382
    Subjects: long-term care; policy evaluation; instrumental variables
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  14. Much ado about nothing?
    the shale oil revolution and the global supply curve
    Author: Foroni, Claudia; Stracca, Livio
    Published: [2019]
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    We focus on the implications of the shale oil boom for the global supply of oil. We begin with a stylized model with two producers, one facing low production costs and one higher production costs but potentially lower adjustment costs, competing á la... more

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    We focus on the implications of the shale oil boom for the global supply of oil. We begin with a stylized model with two producers, one facing low production costs and one higher production costs but potentially lower adjustment costs, competing á la Stackelberg. We find that the supply function is atter for the high cost producer, and that the supply function for shale oil producers becomes more responsive to demand shocks when adjustment costs decline. On the empirical side, we apply an instrumental variable approach using estimates of demand-driven oil price changes derived from a standard structural VAR of the oil market. A main finding is that global oil supply is rather vertical, practically all the time. Moreover, for the global oil market as a whole, we do not find evidence of a major shift to a more price elastic supply as a result of the shale oil boom.

     
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    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789289935715
    Other identifier:
    hdl: 10419/208343
    Series: Working paper series / European Central Bank ; no 2309 (August 2019)
    Subjects: Oil supply; shale oil; oil shocks; structural VAR; instrumental variables; sign restrictions
    Scope: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  15. Does development aid increase military expenditure
    Author: Langlotz, Sarah; Potrafke, Niklas
    Published: [2019]
    Publisher:  ifo Institute - Leibniz Institute for Economic Research at the University of Munich, Munich, Germany

    Using a new instrumental variable strategy, we examine whether bilateral development aid increases military expenditure in recipient countries. The instrument is the interaction of donor government fractionalization and the probability of receiving... more

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    Using a new instrumental variable strategy, we examine whether bilateral development aid increases military expenditure in recipient countries. The instrument is the interaction of donor government fractionalization and the probability of receiving aid. The dataset includes new data on military expenditure for 124 recipient countries over the 1975−2012 period. When accounting for outliers, our results do not suggest that development aid affects military expenditure in the full sample. However, the effect of aid on military expenditure varies across characteristics of recipient and donor countries, even after excluding outliers. First, aid increases military expenditure in countries that depend on aid and are prone to conflicts. Second, aid provided by coordinated market economies increases military expenditure.

     
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    Format: Online
    Other identifier:
    hdl: 10419/199077
    Series: Ifo working papers ; 303 (June 2019)
    Subjects: Aid; military expenditure; fungibility; instrumental variables; causality
    Scope: 1 Online-Ressource (circa 68 Seiten), Illustrationen
  16. Assessing the distributive effects of minimum wage
    Author: Borraz, Fernando; González Pampillón, Nicolás
    Published: 2017
    Publisher:  Global Labor Organization (GLO), Maastricht

    This paper analyzes the role of Uruguay's sharp minimum wage increases after 2004 amidst the country's slight wage inequality decrease. We found that the minimum wage increase has contributed to the reduction of wage inequality for formal workers... more

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    This paper analyzes the role of Uruguay's sharp minimum wage increases after 2004 amidst the country's slight wage inequality decrease. We found that the minimum wage increase has contributed to the reduction of wage inequality for formal workers mainly. However, we also found a negative impact on employment outside the capital city, Montevideo, and observed a reduction in working hours. These results raise doubts about the effectiveness of minimum wage as a redistribution instrument in developing countries.

     
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    Other identifier:
    hdl: 10419/154747
    Series: GLO discussion paper ; no. 10
    Subjects: minimum wage; wage inequality; instrumental variables; employment effect; difference in difference
    Scope: 1 Online-Ressource (circa 46 Seiten)
  17. Inference with arbitrary clustering
    Author: Colella, Fabrizio; Lalive, Rafael; Sakalli, Seyhun Orcan; Thoenig, Mathias
    Published: August 2019
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Analyses of spatial or network data are now very common. Nevertheless, statistical inference is challenging since unobserved heterogeneity can be correlated across neighboring observational units. We develop an estimator for the variance-covariance... more

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    Analyses of spatial or network data are now very common. Nevertheless, statistical inference is challenging since unobserved heterogeneity can be correlated across neighboring observational units. We develop an estimator for the variance-covariance matrix (VCV) of OLS and 2SLS that allows for arbitrary dependence of the errors across observations in space or network structure and across time periods. As a proof of concept, we conduct Monte Carlo simulations in a geospatial setting based on U.S. metropolitan areas. Tests based on our estimator of the VCV asymptotically correctly reject the null hypothesis, whereas conventional inference methods, e.g., those without clusters or with clusters based on administrative units, reject the null hypothesis too often. We also provide simulations in a network setting based on the IDEAS structure of coauthorship and real-life data on scientific performance. The Monte Carlo results again show that our estimator yields inference at the correct significance level even in moderately sized samples and that it dominates other commonly used approaches to inference in networks. We provide guidance to the applied researcher with respect to (i) whether or not to include potentially correlated regressors and (ii) the choice of cluster bandwidth. Finally, we provide a companion statistical package (acreg) enabling users to adjust the OLS and 2SLS coefficient's standard errors to account for arbitrary dependence.

     
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    Other identifier:
    hdl: 10419/207409
    Series: Discussion paper series / IZA ; no. 12584
    Subjects: clustering; arbitrary; geospatial data; network data; cluster; spatial correlation; instrumental variables
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  18. Assortative mating on education
    a genetic assessment
    Author: Barban, Nicola; De Cao, Elisabetta; Oreffice, Sonia; Quintana-Domeque, Climent
    Published: August 2019
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    We investigate assortative mating on education using a sample of couples from the Health and Retirement Study. We estimate a reduced-form linear matching function, which links wife's education to husband's education and both wife's and husband's... more

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    We investigate assortative mating on education using a sample of couples from the Health and Retirement Study. We estimate a reduced-form linear matching function, which links wife's education to husband's education and both wife's and husband's unobservable characteristics. Using OLS we find that an additional year in husband's education is associated with an average increase in wife's education of 0.4 years. To deal with omitted variable bias due to unobservable characteristics, we use a measure of genetic propensity (polygenic score) for husband's education as an instrumental variable. Assuming that our instrument is valid, our 2SLS estimate suggests that an additional year in husband's education increases wife's education by about 0.5 years. Since greater genetic propensity for educational attainment has been linked to a range of personality and cognitive skills, we allow for the possibility that the exclusion restriction is violated using the plausible exogenous approach by Conley et al. (2012). "True" assortativeness on education cannot be ruled out, as long as one standard deviation increase in husband's genetic propensity for education directly increases wife's education by less than 0.2 years.

     
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    Other identifier:
    hdl: 10419/207389
    Series: Discussion paper series / IZA ; no. 12563
    Subjects: education; genetic scores; instrumental variables; plausibly exogenous; HRS
    Scope: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  19. Tracking foreign capital
    the effect of capital inflows on bank lending in the UK
    Author: Kneer, Christiane; Raabe, Alexander
    Published: July 2019
    Publisher:  University of Zurich, Department of Economics, Zurich

    This paper examines how UK banks channel capital inflows to the individual sectors of the domestic economy and to overseas residents. Information on the source country of foreign capital deposited with UK banks allows us to construct a novel Bartik... more

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    This paper examines how UK banks channel capital inflows to the individual sectors of the domestic economy and to overseas residents. Information on the source country of foreign capital deposited with UK banks allows us to construct a novel Bartik instrument for capital inflows. Our results suggest that foreign funds boost bank lending to the domestic economy. This result is due to the positive effect of capital inflows on bank lending to non-financial firms and to other domestic financial institutions. Banks do not channel capital inflows directly to households or the public sector. Much of the foreign capital is also channeled back abroad, reflecting the role of the UK as a global financial center.

     
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    Language: English
    Media type: Book
    Format: Online
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    hdl: 10419/201531
    Series: Working paper series / University of Zurich, Department of Economics ; no. 326
    Subjects: capital flows; bank lending; credit allocation; international finance; instrumental variables; international financial linkages
    Scope: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  20. Decentralization estimators for instrumental variable quantile regression models
    Author: Kaido, Hiroaki; Wüthrich, Kaspar
    Published: [2019]
    Publisher:  Cemmap, Centre for Microdata Methods and Practice, The Institute for Fiscal Studies, Department of Economics, UCL, [London]

    The instrumental variable quantile regression (IVQR) model (Chernozhukov and Hansen, 2005) is a popular tool for estimating causal quantile effects with endogenous covariates. However, estimation is complicated by the non-smoothness and non-convexity... more

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    The instrumental variable quantile regression (IVQR) model (Chernozhukov and Hansen, 2005) is a popular tool for estimating causal quantile effects with endogenous covariates. However, estimation is complicated by the non-smoothness and non-convexity of the IVQR GMM objective function. This paper shows that the IVQR estimation problem can be decomposed into a set of conventional quantile regression sub-problems which are convex and can be solved efficiently. This reformulation leads to new identification results and to fast, easy to implement, and tuning-free estimators that do not require the availability of high-level "black box" optimization routines.

     
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    hdl: 10419/211135
    Series: Cemmap working paper ; CWP19, 42
    Subjects: instrumental variables; quantile regression; contraction mapping; fixed pointestimator; bootstrap
    Scope: 1 Online-Ressource (circa 75 Seiten), Illustrationen
  21. New evidence on long-term effects of start-up subsidies
    matching estimates and their robustness
    Author: Caliendo, Marco; Tübbicke, Stefan
    Published: March 2019
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    The German start-up subsidy (SUS) program for the unemployed has recently undergone a major make-over, altering its institutional setup, adding an additional layer of selection and leading to ambiguous predictions of the program's effectiveness.... more

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    The German start-up subsidy (SUS) program for the unemployed has recently undergone a major make-over, altering its institutional setup, adding an additional layer of selection and leading to ambiguous predictions of the program's effectiveness. Using propensity score matching (PSM) as our main empirical approach, we provide estimates of long-term effects of the post-reform subsidy on individual employment prospects and labor market earnings up to 40 months after entering the program. Our results suggest large and persistent long-term effects of the subsidy on employment probabilities and net earned income. These effects are larger than what was estimated for the pre-reform program. Extensive sensitivity analyses within the standard PSM framework reveal that the results are robust to different choices regarding the implementation of the weighting procedure and also with respect to deviations from the conditional independence assumption. As a further assessment of the results' sensitivity, we go beyond the standard selection-on-observables approach and employ an instrumental variable setup using regional variation in the likelihood of receiving treatment. Here, we exploit the fact that the reform increased the discretionary power of local employment agencies in allocating active labor market policy funds, allowing us to obtain a measure of local preferences for SUS as the program of choice. The results based on this approach give rise to similar estimates. Thus, our results indicating that SUS are still an effective active labor market program after the reform do not appear to be driven by "hidden bias".

     
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    hdl: 10419/196759
    Series: Discussion paper series / IZA ; no. 12261
    Subjects: start-up subsidies; policy reform; matching; instrumental variables
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  22. Fertility and parental labor-force participation
    new evidence from a developing country in the Balkans
    Author: Trako, Iva
    Published: [2018]
    Publisher:  Paris-Jourdan Sciences Economiques, Paris

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    Format: Online
    Series: Working paper / Paris School of Economics ; no 2018, 34
    Subjects: fertility; parental labor-force participation; instrumental variables
    Scope: 1 Online-Ressource (circa 72 Seiten), Illustrationen
  23. Returning home after conflict displacement
    labor supply and schooling outcomes among Kosovar households
    Author: Trako, Iva
    Published: [2018]
    Publisher:  Paris-Jourdan Sciences Economiques, Paris

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    Series: Working paper / Paris School of Economics ; no 2018, 35
    Subjects: conflict displacement; education; labor; instrumental variables
    Scope: 1 Online-Ressource (circa 73 Seiten), Illustrationen
  24. Large sample properties of an IV estimator based on the Ahn and Schmidt moment conditions
    Author: Pua, Andrew Adrian Yu; Fritsch, Markus; Schnurbus, Joachim
    Published: [2019]
    Publisher:  Universität Passau, Wirtschaftswissenschaftlichen Fakultät, Passau

    We propose an instrumental variables (IV) estimator based on nonlinear (in param- eters) moment conditions for estimating linear dynamic panel data models and derive the large sample properties of the estimator. We assume that the only explanatory... more

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    We propose an instrumental variables (IV) estimator based on nonlinear (in param- eters) moment conditions for estimating linear dynamic panel data models and derive the large sample properties of the estimator. We assume that the only explanatory variable in the model is one lag of the dependent variable and consider the setting where the absolute value of the true lag parameter is smaller or equal to one, the cross section dimension is large, and the time series dimension is either fixed or large. Estimation of the lag parameter involves solving a quadratic equation and we find that the lag parameter is point identified in the unit root case; otherwise, two distinct roots (solutions) result. We propose a selection rule that identifies the consistent root asymptotically in the latter case and derive the asymptotic distribution of the estimator for the unit root case and for the case when the absolute value of the lag parameter is smaller than one.

     
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    hdl: 10419/204582
    Series: Array ; Nr. B-37 (19)
    Subjects: Panel data; linear dynamic model; quadratic moment conditions; instrumental variables; large sample properties
    Scope: 1 Online-Ressource (circa 25 Seiten)
  25. Empirical health economics
    selected aspects of health care financing and the production of health
    Author: Sanwald, Alice
    Published: Juni 2014

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    Media type: Dissertation
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    Subjects: meta-analysis; atypical employment; health outcomes; employment contracts; health care expenditures; out-of-pocket health expenditures; consumer survey; two-part model; acute myocardial infarction; mortality; instrumental variables; cost-effectiveness
    Scope: 1 Online-Ressource (circa 139 Seiten), Illustrationen
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    Enthält 3 Beiträge

    Dissertation, Leopold-Franzens-Universität Innsbruck, 2014