Econometrics: Applied Econometric Modeling in Microeconomics eJournal最新文献_第7页

Does Risk Matter? A Semiparametric Model for Educational Choices in the Presence of Uncertainty 风险重要吗?存在不确定性时教育选择的半参数模型

Econometrics: Applied Econometric Modeling in Microeconomics eJournal Pub Date : 2011-10-17 DOI: 10.2139/ssrn.2016104

J. Mazza

引用次数: 3

Bargaining, Openness, and the Labor Share 讨价还价，开放和劳动份额

Econometrics: Applied Econometric Modeling in Microeconomics eJournal Pub Date : 2011-10-14 DOI: 10.2139/ssrn.1950983

D. Schneider

引用次数: 28

End in Sight for Housing Troubles? 住房问题即将结束?

Econometrics: Applied Econometric Modeling in Microeconomics eJournal Pub Date : 2011-10-10 DOI: 10.2139/ssrn.1941791

Daniel Chertok

引用次数: 0

How Do Leverage Ratios Affect Bank Share Performance During Financial Crises: The Japanese Experience of the Late 1990s 金融危机期间杠杆率如何影响银行股表现:日本90年代末的经验

Econometrics: Applied Econometric Modeling in Microeconomics eJournal Pub Date : 2011-10-10 DOI: 10.2139/ssrn.1949765

Sichong Chen

{"title":"How Do Leverage Ratios Affect Bank Share Performance During Financial Crises: The Japanese Experience of the Late 1990s","authors":"Sichong Chen","doi":"10.2139/ssrn.1949765","DOIUrl":"https://doi.org/10.2139/ssrn.1949765","url":null,"abstract":"This study investigates the relationship between leverage ratios and bank share performance for a sample of Japanese banks during the period of financial crisis in the late 1990s. We differentiate between two types of leverage ratios: book leverage and market leverage. We show that market leverage instead of book leverage observed before the crisis has statistically and economically significant predictive power for the cross-sectional variation in bank performance during the crisis, even after controlling for a variety of other indicators reflecting bank’s characteristics and financial conditions. We also find that banks with lower market leverage ratios were affected more adversely by the failure announcements of large financial institutions during the crisis. The results are robust across alternative model specifications, statistical methodologies, lengths of sample intervals, and measures of bank share performance during the crisis. Our results therefore have important implications for regulators in identifying distressed banks that are vulnerable to the deterioration in conditions of the financial system.","PeriodicalId":306816,"journal":{"name":"Econometrics: Applied Econometric Modeling in Microeconomics eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131341065","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: 12

The Impact of Cultural Diversity on Innovation: Evidence from Dutch Firm-Level Data 文化多样性对创新的影响:来自荷兰公司层面数据的证据

Econometrics: Applied Econometric Modeling in Microeconomics eJournal Pub Date : 2011-10-09 DOI: 10.2139/ssrn.1941152

Ceren Ozgen, P. Nijkamp, J. Poot

{"title":"The Impact of Cultural Diversity on Innovation: Evidence from Dutch Firm-Level Data","authors":"Ceren Ozgen, P. Nijkamp, J. Poot","doi":"10.2139/ssrn.1941152","DOIUrl":"https://doi.org/10.2139/ssrn.1941152","url":null,"abstract":"Due to the growth in international migration in recent decades, the workforce of firms in host countries has become considerably more diverse, both demographically and culturally. It is an important question for firms and for governments to ask whether there are some productivity-enhancing externalities gained from this growing diversity within firms. In recent years migration research has demonstrated positive economic impacts of cultural diversity on productivity and innovation at the regional level. However, there is a dearth of research on the links between innovation and migrant diversity at the firm level. In this paper we construct and analyse a unique linked employer-employee micro-dataset of 4582 firms, based on survey and administrative data obtained from Statistics Netherlands. Excluding firms in the hospitality industry and other industries that employ low-skilled migrants, we use the local number of restaurants with foreign cuisines and the historical presence of migrant communities as valid instruments of endogenous migrant settlement. We find that firms in which foreigners account for a relatively large share of employment are somewhat less innovative. However, there is strong evidence that firms that employ a more diverse foreign workforce are more innovative, particularly in terms of product innovations.","PeriodicalId":306816,"journal":{"name":"Econometrics: Applied Econometric Modeling in Microeconomics eJournal","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131412875","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: 66

2D:4D Asymmetry and Academic Perfomance: Evidence from Moscow and Manila 2D:4D不对称与学习成绩:来自莫斯科和马尼拉的证据

Econometrics: Applied Econometric Modeling in Microeconomics eJournal Pub Date : 2011-10-04 DOI: 10.2139/ssrn.2005698

Greg V. Androushchak, M. Yudkevich, John V. C. Nye, Desiree A. Desierto, Garett Jones

{"title":"2D:4D Asymmetry and Academic Perfomance: Evidence from Moscow and Manila","authors":"Greg V. Androushchak, M. Yudkevich, John V. C. Nye, Desiree A. Desierto, Garett Jones","doi":"10.2139/ssrn.2005698","DOIUrl":"https://doi.org/10.2139/ssrn.2005698","url":null,"abstract":"Exposure to prenatal androgens affects both future behavior and life choices. However, there is still relatively limited evidence on its effects on academic performance. Moreover, the predicted effect of exposure to prenatal testosterone (T) - which is inversely correlated with the relative length of the second to fourth finger lengths (2D:4D) - would seem to have ambiguous effects on academic achievement since traits like confidence, aggressiveness, or risk-taking are not uniformly positive for success in school. We provide the first evidence of a non-linear relationship between 2D:4D and academic achievement using samples from Moscow and Manila. We find that there is a quadratic relationship between high T exposure and markers of achievement such as grades or test scores and that the optimum digit ratio for women in our sample is lower (indicating higher prenatal T) than the average. The results for men are generally insignificant for Moscow but significant for Manila showing similar non-linear effects. Our work is thus unusual in that it draws from a large sample of nearly a thousand university students in Moscow and over a hundred from Manila for whom we also have extensive information on high school test scores, family background and other potential correlates of achievement. Our work is also the first to have a large cross country comparison that includes two groups with very different ethnic compositions.","PeriodicalId":306816,"journal":{"name":"Econometrics: Applied Econometric Modeling in Microeconomics eJournal","volume":"272 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132268396","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: 0

Human Recognition Among HIV-Infected Adults: Empirical Evidence from a Randomized Controlled Trial in Kenya 艾滋病毒感染成人的人类识别:来自肯尼亚随机对照试验的经验证据

Econometrics: Applied Econometric Modeling in Microeconomics eJournal Pub Date : 2011-10-03 DOI: 10.2139/ssrn.1943608

T. Castleman

{"title":"Human Recognition Among HIV-Infected Adults: Empirical Evidence from a Randomized Controlled Trial in Kenya","authors":"T. Castleman","doi":"10.2139/ssrn.1943608","DOIUrl":"https://doi.org/10.2139/ssrn.1943608","url":null,"abstract":"This paper uses data from a randomized controlled trial to study the impacts of food supplementation and medical treatment on the receipt of human recognition by malnourished, HIV-infected adults in Kenya. Questions specially designed to measure human recognition were included in the trial, demonstrating how data on human recognition can be collected and analyzed as part of research or programs. The data are used to examine the impacts of interventions on human recognition, the determinants of human recognition receipt, and the role that human recognition plays in nutritional status and subjective well-being. Food supplementation has a significant, independent, positive impact on recognition received at completion of 6 months of food supplementation, but this effect does not persist 6 months after completion of the supplementation. The location of the study sites appears to play a significant role in the changes in human recognition, with smaller improvements among subjects at clinics in urban slums of Nairobi than among subjects in district and provincial hospitals outside of Nairobi, controlling for demographic, socio-economic, and health characteristics. Women receive lower levels of human recognition than men and also have worse mental health; further study is needed to better understand the relationship among gender, mental health, and human recognition. There is some evidence of an association between nutritional status and human recognition, but findings about the role human recognition plays in nutritional status and subjective well-being are mixed and further study is needed in this area, possibly over a longer timeframe than 12 months.","PeriodicalId":306816,"journal":{"name":"Econometrics: Applied Econometric Modeling in Microeconomics eJournal","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115296674","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: 6

Estimating Patients&Apos; Preferences for Medical Devices: Does the Number of Profile in Choice Experiments Matter? 估计Patients&Apos;对医疗器械的偏好:选择实验中轮廓的数量有影响吗?

Econometrics: Applied Econometric Modeling in Microeconomics eJournal Pub Date : 2011-10-01 DOI: 10.3386/W17482

J. Bridges, Christine Buttorff, K. Groothuis-Oudshoorn

{"title":"Estimating Patients&Apos; Preferences for Medical Devices: Does the Number of Profile in Choice Experiments Matter?","authors":"J. Bridges, Christine Buttorff, K. Groothuis-Oudshoorn","doi":"10.3386/W17482","DOIUrl":"https://doi.org/10.3386/W17482","url":null,"abstract":"Background: Most applications of choice-based conjoint analysis in health use choice tasks with two profiles, while marketing studies routinely use three or more. This study reports on a randomized trial comparing paired with triplet profile choice formats focused on hearing aids. - Methods: Respondents with hearing loss were drawn from a nationally representative cohort, completed identical surveys, and were randomized to choice tasks with two or three profiles. The primary outcomes of differences in estimated preferences were explored using t-tests, likelihood ratio tests, and analyses of individual-level models estimated with ordinary least squares. - Results: 500 respondents were recruited. 127 had no hearing loss, 28 had profound loss and 22 declined to participate and were not analyzed. Of the remaining 323 participants, 146 individuals were randomized to the pairs and 177 to triplets. Pairs and triplets produced identical rankings of attribute importance but homogeneity was rejected (P<0.0001). Pairs led to more variation, and were systematically biased toward the null because a third (32.2%) of respondents focused on only one attribute. This is in contrast to respondents in the triplet design who traded across all attributes. - Discussion: The number of profiles in choice tasks affects the results of conjoint analysis studies. Here triplets are preferred to pairs as they avoid non-trading and allow for more accurate estimation of preferences models.","PeriodicalId":306816,"journal":{"name":"Econometrics: Applied Econometric Modeling in Microeconomics eJournal","volume":"444 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132794736","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: 6

Globalization and International R&D Flows into Emerging Markets: Nomothetic Evidence 全球化与国际研发流入新兴市场:理论证据

Econometrics: Applied Econometric Modeling in Microeconomics eJournal Pub Date : 2011-09-26 DOI: 10.7885/1946-651X.1042

Abdullah M. Khan, Ashok K. Roy, R. Veliyath

{"title":"Globalization and International R&D Flows into Emerging Markets: Nomothetic Evidence","authors":"Abdullah M. Khan, Ashok K. Roy, R. Veliyath","doi":"10.7885/1946-651X.1042","DOIUrl":"https://doi.org/10.7885/1946-651X.1042","url":null,"abstract":"In this paper we analyze the impact of some determinants of international R&D expenditures made by overseas affiliates of MNCs. We also examine whether globalization has expedited international R&D investment flows since 1995, the year that internet access was opened up to mass usage and trade barriers began to concertedly decrease worldwide, following the emergence of the World Trade Organization (WTO). We find evidence that ethnic diversity, political stability, and patent rights enforcement promotes international flows of R&D investments. Increased workers’ educational levels appear to have contradicting effects on international R&D investment flows. When we isolated the effects of globalization into its component forces of technological advancement and trade liberalization, we found some notable interaction effects, especially involving trade barriers. Increased globalization since 1995 has increased international R&D flows in the face of diminishing tariff barriers. A dataset containing more countries and more recent time horizons should help to unravel some of the counter-intuitive and confounding results that our study has unearthed.","PeriodicalId":306816,"journal":{"name":"Econometrics: Applied Econometric Modeling in Microeconomics eJournal","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-09-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130882356","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: 3

Value Creation after State Share Transfers: New Evidence from China 国有股转让后的价值创造:来自中国的新证据

Econometrics: Applied Econometric Modeling in Microeconomics eJournal Pub Date : 2011-09-16 DOI: 10.2139/ssrn.1929176

Wei He, Haibo Yao

引用次数: 0