Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 9 of 9
Full-Text Articles in Social and Behavioral Sciences
Tables Of Percentage Points Of The K-Variate Normal Distribution For Large Values Of K, William C. Horrace
Tables Of Percentage Points Of The K-Variate Normal Distribution For Large Values Of K, William C. Horrace
Economics - All Scholarship
This paper gives tabulations of the upper a percentage points of the maximum absolute value of the k-variate normal distribution with common correlation p for values of k as high as 500. The tables are useful for performing multiple comparison procedures in experiments with large numbers of treatments.
Accounting For Disability Insurance In The Dynamic Relationship Between Disability Onset And Earnings, Perry Singleton
Accounting For Disability Insurance In The Dynamic Relationship Between Disability Onset And Earnings, Perry Singleton
Economics - All Scholarship
The onset of a work-limiting disability coincides with an immediate decline in earnings with little recovery. This study examines whether this relationship is attributable to the labor disincentives of disability insurance. The data come from the Survey of Income and Program Participation linked to administrative data from the Social Security Administration. The analysis suggests that disability insurance accounts for little of the initial drop in earnings at the time of disability onset, but its effect may increase as time since disability onset elapses. The results highlight the advantages of immediate, though temporary disability benefits.
November 2010, Syracuse Department Of Economics
November 2010, Syracuse Department Of Economics
Economics - All Scholarship
No abstract provided.
Hedonic Wage Equilibrium: Theory, Evidence And Policy, Thomas J. Kniesner, John D. Leeth
Hedonic Wage Equilibrium: Theory, Evidence And Policy, Thomas J. Kniesner, John D. Leeth
Economics - All Scholarship
We examine theoretically and empirically the properties of the equilibrium wage function and its implications for policy. Our emphasis is on how the researcher approaches economic and policy questions when there is labor market heterogeneity leading to a set of wages. We focus on the application where hedonic models have been most successful at clarifying policy relevant outcomes and policy effects, that of the wage premia for fatal injury risk. Estimates of the overall hedonic locus we discuss imply the so-called value of a statistical life (VSL) that is useful as the benefit value in a cost-effectiveness calculation of government …
Alternative Technical Efficiency Measures: Skew, Bias And Scale, Qu Feng, William C. Horrace
Alternative Technical Efficiency Measures: Skew, Bias And Scale, Qu Feng, William C. Horrace
Economics - All Scholarship
In the fixed-effects stochastic frontier model an efficiency measure relative to the best firm in the sample is universally employed. This paper considers a new measure relative to the worst firm in the sample. We find that estimates of this measure have smaller bias than those of the traditional measure when the sample consists of many firms near the efficient frontier. Moreover, a two-sided measure relative to both the best and the worst firms is proposed. Simulations suggest that the new measures may be preferred depending on the skewness of the inefficiency distribution and the scale of efficiency differences.
The Long-Run Labor-Market Consequences Of Civil War: Evidence From The Shining Path In Peru, Jose Galdo
The Long-Run Labor-Market Consequences Of Civil War: Evidence From The Shining Path In Peru, Jose Galdo
Economics - All Scholarship
This study exploits district-level variation in the timing and intensity of civil war violence to investigate whether early-life exposure to civil wars affects labor-market outcomes later in life. In particular, we examine the impacts of armed conflict in Peru, a country that experienced the actions of a tenacious, brutally effective war machine, the Shining Path, between 1980 and 1995. This study finds that the most sensitive period to early-life exposure to civil war violence is the first 36 months of life. A one standard deviation increase in civil war exposure leads to a four percent fall in adult monthly earnings. …
Insuring Against Drought‐Related Livestock Mortality: Piloting Index Based Livestock Insurance In Northern Kenya, Andrew G. Mude, Sommarat Chantarat, Christopher B. Barrett, Michael R. Carter, Munenobu Ikegami, John G. Mcpeak
Insuring Against Drought‐Related Livestock Mortality: Piloting Index Based Livestock Insurance In Northern Kenya, Andrew G. Mude, Sommarat Chantarat, Christopher B. Barrett, Michael R. Carter, Munenobu Ikegami, John G. Mcpeak
Economics - All Scholarship
Climate related shocks are among the leading cause of production and efficiency losses in smallholder crop and livestock production in rural Africa. Consequently, the identification of tools to help manage the risks associated with climactic extremities is increasingly considered to be amongst the key pillars of any agenda to enhance agricultural growth and welfare in rural Africa. This paper describes the application of a promising innovation in insurance design – index‐based insurance – that seeks to bring the benefits of formal insurance to help manage the weather‐related risks faced by rural crop and livestock producers in low‐income countries. In particular, …
April 2010, Syracuse Department Of Economics
April 2010, Syracuse Department Of Economics
Economics - All Scholarship
No abstract provided.
Alternative Technical Efficiency Measures: Skew, Bias, And Scale, Qu Feng, William C. Horrace
Alternative Technical Efficiency Measures: Skew, Bias, And Scale, Qu Feng, William C. Horrace
Economics - All Scholarship
In the fixed-effects stochastic frontier model an efficiency measure relative to the best firm in the sample is universally employed. This paper considers a new measure relative to the worst firm in the sample. We find that estimates of this measure have smaller bias than those of the traditional measure when the sample consists of many firms near the efficient frontier. Moreover, a two-sided measure relative to both the best and the worst firms is proposed. Simulations suggest that the new measures may be preferred depending on the skewness of the inefficiency distribution and the scale of efficiency differences.