Econometrics: Applied Econometrics & Modeling eJournal最新文献_第9页

Do Experts' SKU Forecasts Improve after Feedback? 专家的SKU预测在反馈后会提高吗?

Econometrics: Applied Econometrics & Modeling eJournal Pub Date : 2011-09-22 DOI: 10.2139/ssrn.1934120

Rianne Legerstee, P. Franses

引用次数: 11

Social Interactions in the Labor Market 劳动力市场中的社会互动

Econometrics: Applied Econometrics & Modeling eJournal Pub Date : 2011-09-22 DOI: 10.1561/0700000045

Andrew Grodner, T. Kniesner, J. Bishop

{"title":"Social Interactions in the Labor Market","authors":"Andrew Grodner, T. Kniesner, J. Bishop","doi":"10.1561/0700000045","DOIUrl":"https://doi.org/10.1561/0700000045","url":null,"abstract":"We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group average. The demand for a good may also be influenced by either a spillover effect or a conformity effect. Positive spillover increases the demand for the good with interactions, and a conformity effect makes the demand curve pivot to become less price sensitive. Similar social interactions effects appear in the associated derived demands for labor. Individual and community factors may influence the average length of poverty spells. We measure local economic conditions by the county unemployment rate and neighborhood spillover effects by the racial makeup and poverty rate of the county. We find that moving an individual from one standard deviation above the mean poverty rate to one standard deviation below the mean poverty rate (from the inner city to the suburbs) lowers the average poverty spell by 20–25 percent. We further consider overall labor market outcomes by examining theoretically the socially optimal wealth distribution. Interdependence in utility can mitigate the need to transfer wealth to low-wage individuals and may require them to be poorer by all objective measures. Finally, we quantify how labor market policy changes when there are household social interactions. Labor supply estimates indicate positive economically important spillovers for adult U.S. men. Ignoring or incorrectly considering social interactions can mis-estimate the labor supply response of tax reform in the United States by as much as 60 percent.","PeriodicalId":11485,"journal":{"name":"Econometrics: Applied Econometrics & Modeling eJournal","volume":"25 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2011-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83529475","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 13

Corporate Taxation, Investment and Productivity: A Firm Level Estimation 企业税收、投资和生产率:一个企业水平的估计

Econometrics: Applied Econometrics & Modeling eJournal Pub Date : 2011-09-15 DOI: 10.2139/ssrn.1636044

Cristina Pombo, A. Galindo

引用次数: 18

Rising Indebtedness and Temptation: A Welfare Analysis 负债上升与诱惑:福利分析

Econometrics: Applied Econometrics & Modeling eJournal Pub Date : 2011-09-14 DOI: 10.2139/ssrn.1927524

M. Nakajima

引用次数: 32

Current Account Imbalances in the Euro Area: The Role of Monetary Policy 欧元区经常账户失衡:货币政策的作用

Econometrics: Applied Econometrics & Modeling eJournal Pub Date : 2011-09-12 DOI: 10.2139/ssrn.1926062

Katja Hillmann, W. Wilde

引用次数: 1

Conflict and Its Impact on Educational Accumulation and Enrollment in Colombia: What We Can Learn from Recent IDPs 冲突及其对哥伦比亚教育积累和入学的影响:我们可以从最近的国内流离失所者中学到什么

Econometrics: Applied Econometrics & Modeling eJournal Pub Date : 2011-09-04 DOI: 10.2139/ssrn.1922011

Kate Wharton, Ruth Uwaifo Oyelere

{"title":"Conflict and Its Impact on Educational Accumulation and Enrollment in Colombia: What We Can Learn from Recent IDPs","authors":"Kate Wharton, Ruth Uwaifo Oyelere","doi":"10.2139/ssrn.1922011","DOIUrl":"https://doi.org/10.2139/ssrn.1922011","url":null,"abstract":"Forty years of low-intensity internal armed conflict has made Colombia home to the world's second largest population of Internally Displaced Persons (IDPs). The effect of being directly impacted by conflict on a child's educational accumulation and enrollment is of particular concern because of the critical role that education plays in increasing human capital and productivity. This paper explores the educational accumulation and enrollment gap created by being directly affected by conflict. First, we show that children living in municipality with high conflict have a gap in education enrollment and accumulation. However, this gap is much smaller than the attainment and enrollment gap for those directly affected by the conflict (IDPs). We estimate the education accumulation and enrollment gaps for IDPs in comparison to non-migrants and other migrants respectively. Our results suggest significant education accumulation and enrollment gaps for children of IDPs that widens to over half a year in secondary school. The disparity in effects when we focus on direct exposure to conflict versus living in a municipality with conflict suggests a need to be careful when using the latter to estimate the impact of conflict.","PeriodicalId":11485,"journal":{"name":"Econometrics: Applied Econometrics & Modeling eJournal","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2011-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75400185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 14

CEO Compensation Structure and Firm Performance CEO薪酬结构与公司绩效

Econometrics: Applied Econometrics & Modeling eJournal Pub Date : 2011-09-01 DOI: 10.1111/j.1467-629X.2010.00363.x

Z. Matolcsy, Anna Wright

{"title":"CEO Compensation Structure and Firm Performance","authors":"Z. Matolcsy, Anna Wright","doi":"10.1111/j.1467-629X.2010.00363.x","DOIUrl":"https://doi.org/10.1111/j.1467-629X.2010.00363.x","url":null,"abstract":"The relation between CEO compensation and firm performance has been extensively documented in the literature to date. However, this relation has not been explored in a setting where CEO's, even in the same industry, receive either cash-based compensation only or cash-based and equity-based compensation. Australia provides such a setting. Our objective is twofold. First, we provide evidence on the performance of firms where CEO's receive cash-based compensation only versus the performance of firms where executives received equity-based compensation. Second, we estimate a model of 'efficient' compensation structure on the basis of firm characteristics, and test the performance consequences of deviation from the efficient compensation structure. Our results are based on 696 firm years for the period of 1999-2001. We have two key findings. First, we show that on average, firm performance does not differ between firms offering cash-based compensation only and those using both cash- and equity-based compensation. Second, we find some evidence that a firm's performance is lower when a firm is using the 'wrong' compensation structure. We test the sensitivity results with respect to alternative sub-samples and variable specifications, but our results remain the same. Overall, our study provides some important new insight into the links between CEO compensation and firm performance.","PeriodicalId":11485,"journal":{"name":"Econometrics: Applied Econometrics & Modeling eJournal","volume":"71 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2011-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83337355","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 97

Assessing Post‐ADA Employment: Some Econometric Evidence and Policy Considerations 评估《美国残疾人法》后的就业:一些计量经济学证据和政策考虑

Econometrics: Applied Econometrics & Modeling eJournal Pub Date : 2011-09-01 DOI: 10.1111/j.1740-1461.2011.01217.x

J. Donohue, M. Stein, Christopher L. Griffin, Jr., Sascha S. Becker

{"title":"Assessing Post‐ADA Employment: Some Econometric Evidence and Policy Considerations","authors":"J. Donohue, M. Stein, Christopher L. Griffin, Jr., Sascha S. Becker","doi":"10.1111/j.1740-1461.2011.01217.x","DOIUrl":"https://doi.org/10.1111/j.1740-1461.2011.01217.x","url":null,"abstract":"In this article, we offer innovative analysis and additional evidence on the relationship between the Americans with Disabilities Act (\"ADA\") and the relative labor market outcomes for people with disabilities, the very class protected by its landmark provisions. Using individual-level longitudinal data from 1981 to 1996 derived from the previously unexploited Panel Study of Income Dynamics (\"PSID\"), we examine the possible effect of the ADA on (1) annual weeks worked; (2) annual earnings; and (3) hourly wages for a sample of 7120 unique male household heads between the ages of 21 and 65 as well as a subset of 1147 individuals appearing every year from 1981 to 1996. Our analysis of the larger sample suggests the ADA had a negative impact on the employment levels of disabled persons relative to non-disabled persons but no impact on relative earnings. However, our evaluation of the restricted sample raises questions about these findings. Using these data, we find little evidence of adverse effects on weeks worked but strong evidence of wage declines for the disabled, albeit declines beginning in 1986, well before the ADA's passage. These results therefore cast doubt on the adverse ADA-related impacts found in previous studies, particularly Acemoglu and Angrist (2001). The conflicting narratives that emerge from our analysis shed new light on, but also counsel caution in reaching final conclusions about, the impact of the ADA on employment outcomes for people with disabilities.","PeriodicalId":11485,"journal":{"name":"Econometrics: Applied Econometrics & Modeling eJournal","volume":"57 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2011-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72887955","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 19

Trade Intermediation and the Organization of Exporters 贸易中介和出口商组织

Econometrics: Applied Econometrics & Modeling eJournal Pub Date : 2011-09-01 DOI: 10.1111/j.1467-9396.2011.00971.x

Gabriel Felbermayr, B. Jung

引用次数: 121

Means-Tested Subsidies and Economic Performance Since 2007 自2007年以来的经济状况调查补贴和经济表现

Econometrics: Applied Econometrics & Modeling eJournal Pub Date : 2011-09-01 DOI: 10.3386/W17445

C. Mulligan

引用次数: 7