Å. Fagereng, Martin B. Holm, Kjersti Næss Torstensen
{"title":"Housing wealth in Norway, 1993–20151","authors":"Å. Fagereng, Martin B. Holm, Kjersti Næss Torstensen","doi":"10.3233/jem-200471","DOIUrl":"https://doi.org/10.3233/jem-200471","url":null,"abstract":"We provide a new estimate of household-level housing wealth in Norway between 1993 and 2015 using an ensemble machine learning method on housing transaction data. The new housing wealth measure is an improvement over existing data sources for two reasons. First, the model outperforms previously applied regression models in out-of-sample prediction precision. Second, we extend the sample of estimated housing wealth by including cooperative units, non-id apartments, and cabins.","PeriodicalId":53705,"journal":{"name":"Journal of Economic and Social Measurement","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.3233/jem-200471","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45666269","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}
{"title":"Top expenditure distribution in Arab countries and the inequality puzzle1","authors":"V. Hlasny","doi":"10.3233/jem-200469","DOIUrl":"https://doi.org/10.3233/jem-200469","url":null,"abstract":"This study was motivated by reports of a mismatch between inequality experienced on the streets across the Arab region, and that estimated in household expenditure surveys. The study uses eleven surveys from Egypt, Jordan, Palestine, Sudan and Tunisia to investigate whether the dispersion of top expenditures and measurement errors in them bias the measurement of inequality. The expenditure distributions are corrected by replacing potentially mismeasured values with those drawn from parametric distributions. Across all surveys, expenditure inequality is found to be at or below that found in emerging countries worldwide. The Gini is consistently 0.30–0.32 in Egypt, 0.35–0.37 in Jordan, and 0.38–0.43 in Palestine, Sudan and Tunisia. Several surveys include outliers raising inequality estimates. The Egyptian, Palestinian, and Tunisian surveys exhibit smoother top tails of expenditures, approximable by parametric distributions. Across years leading up to the Arab Spring, the estimates in these countries show falling inequality, suggesting that data problems are not behind the Arab inequality puzzle.","PeriodicalId":53705,"journal":{"name":"Journal of Economic and Social Measurement","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.3233/jem-200469","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41924339","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}
{"title":"A novel three-market view of price competitiveness","authors":"Alberto Felettigh, Claire Giordano","doi":"10.3233/jem-190466","DOIUrl":"https://doi.org/10.3233/jem-190466","url":null,"abstract":"","PeriodicalId":53705,"journal":{"name":"Journal of Economic and Social Measurement","volume":"44 1","pages":"89-116"},"PeriodicalIF":0.0,"publicationDate":"2020-01-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.3233/jem-190466","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43875238","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}
{"title":"Ohio medicaid expansion enrollees: Impact of loss of coverage on access to care, 2018","authors":"M. Nau, S. Cohen","doi":"10.3233/jem-190467","DOIUrl":"https://doi.org/10.3233/jem-190467","url":null,"abstract":"","PeriodicalId":53705,"journal":{"name":"Journal of Economic and Social Measurement","volume":"1 1","pages":"221-228"},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.3233/jem-190467","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70046255","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}
{"title":"Higher education in Iran: An investigation of its expansion during 2005–2015 period using a control function approach","authors":"Hamed Mirzaei Abbasabadi, M. G. Asl","doi":"10.3233/jem-200470","DOIUrl":"https://doi.org/10.3233/jem-200470","url":null,"abstract":"This article aims at investigating the significant higher education expansion in the Islamic Republic of Iran during 2005–2015 period through employing the production function of higher education. Avoiding simultaneity and selection problems in the presence of shocks, we have used a novel method from industrial organization discipline introduced by Rovigatti and Mollisi [1] – which is officially offered embeded in a Stata® module – by providing different production function estimators (Olley-Pakes, Levinsohn-Petrin, and Wooldridge) using provincial data on Iran. Our empirical results reveal that physical capital is the most critical determinant of higher education graduates. The results also uncover some important facts about the contribution of academic staff to the process of graduation. Compared to other conventional estimation methods, we also provide evidence on the superiority of this innovative method, which is far beyond its original context.","PeriodicalId":53705,"journal":{"name":"Journal of Economic and Social Measurement","volume":"33 1","pages":"1-64"},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70060747","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}
Laura Ravazzini, Ursina Kuhn, Gaël Brulé, C. Suter
{"title":"Comparison of survey data on wealth in Switzerland","authors":"Laura Ravazzini, Ursina Kuhn, Gaël Brulé, C. Suter","doi":"10.3233/JEM-190461","DOIUrl":"https://doi.org/10.3233/JEM-190461","url":null,"abstract":"Beyond income, wealth is one of most relevant components among national and international indicators of household finances. Three surveys that include Switzerland have recently integrated questions about wealth and its components. These surveys are the Swiss Household Panel -SHP- (2016), the Statistics on Income and Living Conditions -CH-SILC- (2015), and the Survey on Health, Ageing and Retirement in Europe -SHARE- (2015). Following three important criteria suggested by the Organisation for Economic Co-operation and Development (OECD), namely relevance, coherence and accuracy, this study systematically compares data on housing and financial wealth. The analysis addresses question wording, the comparison with national accounts and accuracy. Results suggest that SHARE is the most relevant survey in terms of financial wealth and total net worth. CH-SILC is a coherent survey that allows for additional analysis on subjective living conditions, while the SHP is an ecological survey in terms of the number of questions on wealth.","PeriodicalId":53705,"journal":{"name":"Journal of Economic and Social Measurement","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-07-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.3233/JEM-190461","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46667128","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}
{"title":"The racial ‘digital divide’ in the predictive power of Google trends data for forecasting the unemployment rate","authors":"M. Dilmaghani","doi":"10.3233/JEM-180458","DOIUrl":"https://doi.org/10.3233/JEM-180458","url":null,"abstract":"","PeriodicalId":53705,"journal":{"name":"Journal of Economic and Social Measurement","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.3233/JEM-180458","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43733991","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}
{"title":"The creation of an experimental longitudinal database of business micro-data","authors":"A. Zeli","doi":"10.3233/JEM-180457","DOIUrl":"https://doi.org/10.3233/JEM-180457","url":null,"abstract":"","PeriodicalId":53705,"journal":{"name":"Journal of Economic and Social Measurement","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.3233/JEM-180457","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45121145","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}
Gary K. Taylor, Simon K. Medcalfe, M. Dugan, R. Ezell
{"title":"Estimating the implied discount rate: An application to multi-year nfl trades of draft picks","authors":"Gary K. Taylor, Simon K. Medcalfe, M. Dugan, R. Ezell","doi":"10.3233/JEM-180455","DOIUrl":"https://doi.org/10.3233/JEM-180455","url":null,"abstract":"","PeriodicalId":53705,"journal":{"name":"Journal of Economic and Social Measurement","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.3233/JEM-180455","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70046123","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}