Exploring skill distribution tails through stochastic dominance

IF 2.3 3区 经济学 Q2 ECONOMICS
Petra Besenhard
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引用次数: 0

Abstract

Location choices of differently skilled workers are analyzed in previous work on labor mobility, which proposes a model that suggests thicker tails in the skill distributions of large cities. This paper replicates the empirical findings of this work by using quantile regression and density plots as employed in the existing study, while also suggesting an alternative testing method for thick tails in the form of an initial stochastic dominance test. The test reveals clear evidence of a thicker lower tail, but the results are less clear for the upper tail, which raises some questions on how to best handle extreme upper tails of skill distributions.

通过随机优势探索技能分布尾部
摘要以往关于劳动力流动性的研究分析了不同技能工人的地点选择,并提出了一个表明大城市技能分布尾部较厚的模型。本文利用现有研究中使用的量子回归和密度图复制了该研究的实证结果,同时还提出了另一种检验厚尾的方法,即初始随机支配检验。检验结果显示,有明显的证据表明下尾较厚,但上尾的结果则不太明显,这就提出了一些问题,即如何最好地处理技能分布的极端上尾。
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来源期刊
CiteScore
3.70
自引率
4.80%
发文量
63
期刊介绍: The Journal of Applied Econometrics is an international journal published bi-monthly, plus 1 additional issue (total 7 issues). It aims to publish articles of high quality dealing with the application of existing as well as new econometric techniques to a wide variety of problems in economics and related subjects, covering topics in measurement, estimation, testing, forecasting, and policy analysis. The emphasis is on the careful and rigorous application of econometric techniques and the appropriate interpretation of the results. The economic content of the articles is stressed. A special feature of the Journal is its emphasis on the replicability of results by other researchers. To achieve this aim, authors are expected to make available a complete set of the data used as well as any specialised computer programs employed through a readily accessible medium, preferably in a machine-readable form. The use of microcomputers in applied research and transferability of data is emphasised. The Journal also features occasional sections of short papers re-evaluating previously published papers. The intention of the Journal of Applied Econometrics is to provide an outlet for innovative, quantitative research in economics which cuts across areas of specialisation, involves transferable techniques, and is easily replicable by other researchers. Contributions that introduce statistical methods that are applicable to a variety of economic problems are actively encouraged. The Journal also aims to publish review and survey articles that make recent developments in the field of theoretical and applied econometrics more readily accessible to applied economists in general.
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