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Econometrics Commons

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Selected Works

Selected Works

2009

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Articles 1 - 25 of 25

Full-Text Articles in Econometrics

Selection Bias In College Admissions Test Scores, Jesse Rothstein, Melissa Clark, Diane Schanzenbach Apr 2012

Selection Bias In College Admissions Test Scores, Jesse Rothstein, Melissa Clark, Diane Schanzenbach

Diane Whitmore Schanzenbach

Data from college admissions tests can provide a valuable measure of student achievement, but the non-representativeness of test-takers is an important concern. We examine selectivity bias in both state-level and school-level SAT and ACT averages. The degree of selectivity may differ importantly across and within schools, and across and within states. To identify within-state selectivity, we use a control function approach that conditions on scores from a representative test. Estimates indicate strong selectivity of test-takers in "ACT states," where most college- bound students take the ACT, and much less selectivity in SAT states. To identify within- and between-school selectivity, we …


Alternative Estimators Of Cointegrating Parameters In Models With Non-Stationary Data: An Application To Us Export Demand (Working Paper), James J. Forest, Paul Turner Aug 2009

Alternative Estimators Of Cointegrating Parameters In Models With Non-Stationary Data: An Application To Us Export Demand (Working Paper), James J. Forest, Paul Turner

James J Forest

This paper presents Monte Carlo simulations which compare the empirical performance of two alternative single equation estimators of the equilibrium parameters in a dynamic relationship. The estimators considered are Stock and Watson’s dynamic ordinary least squares (DOLS) estimator and Bewley’s transformation of the general autoregressive distributed lag model. The results indicate that the Bewley transformation produces a lower mean-square error as well as superior serial correlation properties even with lower truncation lags for the lagged variables included in the estimation equation. An application is then provided which examines the nature of the equilibrium relationship between aggregate US exports, world trade …


Self-Regulation, Poonam Mehra Feb 2009

Self-Regulation, Poonam Mehra

Poonam Singh Mehra

No abstract provided.


Functional Programs For Money Changes In Banking System, Vijaya Krushna Varma Mr Feb 2009

Functional Programs For Money Changes In Banking System, Vijaya Krushna Varma Mr

VIJAYA KRUSHNA VARMA Mr

Varma developed new banking system for auto adjusted money supply without any external regulators.


Quarterly Gdp Estimates For Selected South Asian Economies, Safdar Khan Dec 2008

Quarterly Gdp Estimates For Selected South Asian Economies, Safdar Khan

Safdar Khan

No abstract provided.


Valuing Environmental Quality: A Space-Based Strategy (Forthcoming), David Clark, John Carruthers Dec 2008

Valuing Environmental Quality: A Space-Based Strategy (Forthcoming), David Clark, John Carruthers

David E. Clark

This paper develops and applies a space-based strategy for overcoming the general problem of getting at the demand for non-market goods. It focuses specifically on evaluating one form of environmental quality, distance from EPA designated environmental hazards, via the single-family housing market in the Puget Sound region of Washington State. A spatial two stage hedonic price analysis is used to: (1) estimate the marginal implicit price of distance from air release sites, hazardous waste generators, hazardous waste handlers, superfund sites, and toxic release sites; and (2) estimate a series of demand functions describing the relationship between the price of distance …


Cross-Validated Bandwidths And Significance Testing, Christopher Parmeter, Zhiyuan Zheng, Patrick Mccann Dec 2008

Cross-Validated Bandwidths And Significance Testing, Christopher Parmeter, Zhiyuan Zheng, Patrick Mccann

Christopher F. Parmeter

The link between the magnitude of a bandwidth and the relevance of the corresponding covariate in a regression has recently garnered theoretical attention. Theory suggests that variables included erroneously in a regression will be automatically removed when bandwidths are selected via cross-validation procedure. However, the connections between the bandwidths of the variables that are smoothed away and the insights from these same variables when properly tested for statistical significance have not been previously studied. This paper proposes a variety of simulation exercises to examine the relative performance of both cross-validated bandwidths and individual and joint tests of significance. We focus …


Analysis Of Kiren Sales Corporation’S Survey Data, Safdar Khan Dec 2008

Analysis Of Kiren Sales Corporation’S Survey Data, Safdar Khan

Safdar Khan

No abstract provided.


Financial Sector Reforms And Banking Sector Soundness: A Multivariate Evaluation, Safdar Khan Dec 2008

Financial Sector Reforms And Banking Sector Soundness: A Multivariate Evaluation, Safdar Khan

Safdar Khan

No abstract provided.


The Effects Of Bargaining On Market Outcomes: Evidence From Buyer And Seller Specific Estimates, Subal Kumbhakar, Christopher Parmeter Dec 2008

The Effects Of Bargaining On Market Outcomes: Evidence From Buyer And Seller Specific Estimates, Subal Kumbhakar, Christopher Parmeter

Christopher F. Parmeter

In this paper we examine wage dispersion in labor markets across currently employed workers. We argue that differences in the potential productivity of a match (typically assumed to be known in the previous literature) generates a surplus between the minimum wage the worker is willing to accept and the maximum wage the firm is willing to offer for the job. Existence of this surplus leads to wage dispersion due to negotiating over the amounts extracted by each agent. Our objective is to estimate the surplus extracted by each firm-worker pair and the effect of the net extracted surplus on the …


Imposing Economic Constraints On Nonparametric Regression: Survey, Implementation And Extensions, Daniel Henderson, Christopher Parmeter Dec 2008

Imposing Economic Constraints On Nonparametric Regression: Survey, Implementation And Extensions, Daniel Henderson, Christopher Parmeter

Christopher F. Parmeter

Economic conditions such as convexity, homogeneity, homotheticity, and monotonicity are all important assumptions or consequences of assumptions of economic functionals to be estimated. Recent research has seen a renewed interest in imposing constraints in nonparametric regression. We survey the available methods in the literature, discuss the challenges that present themselves when empirically implementing these methods, and extend an existing method to handle general nonlinear constraints. A heuristic discussion on the empirical implementation for methods that use sequential quadratic programming is provided for the reader, and simulated and empirical evidence on the distinction between constrained and unconstrained nonparametric regression surfaces is …


Necessary Conditions For Valid Benefit Transfers, Kevin Boyle, Nicolai Kuminoff, Christopher Parmeter, Jaren Pope Dec 2008

Necessary Conditions For Valid Benefit Transfers, Kevin Boyle, Nicolai Kuminoff, Christopher Parmeter, Jaren Pope

Christopher F. Parmeter

No abstract provided.


Inflation Dynamics: A Structural Estimation, Safdar Khan Dec 2008

Inflation Dynamics: A Structural Estimation, Safdar Khan

Safdar Khan

No abstract provided.


A Small Open Economy Dsge Model For Pakistan, Safdar Khan Dec 2008

A Small Open Economy Dsge Model For Pakistan, Safdar Khan

Safdar Khan

No abstract provided.


Exchange Rate Of Japan, Singapore And Hong Kong: A Time Series Analysis, Safdar Khan Dec 2008

Exchange Rate Of Japan, Singapore And Hong Kong: A Time Series Analysis, Safdar Khan

Safdar Khan

No abstract provided.


Financial Reforms And Efficiency Of Banking Sector Of Pakistan: A Survey Of Empirical Literature, Safdar Khan Dec 2008

Financial Reforms And Efficiency Of Banking Sector Of Pakistan: A Survey Of Empirical Literature, Safdar Khan

Safdar Khan

No abstract provided.


Is Marketing Research The Cure For Norton Healthcare Kosair Children’S Hospital’S Ailments?, Safdar Khan Dec 2008

Is Marketing Research The Cure For Norton Healthcare Kosair Children’S Hospital’S Ailments?, Safdar Khan

Safdar Khan

No abstract provided.


Women Head Of The Village Councils And Water Borne Diseases, Ambrish A. Dongre Dec 2008

Women Head Of The Village Councils And Water Borne Diseases, Ambrish A. Dongre

Ambrish A Dongre

This paper examines the relation between prevalence of water- borne diseases and gender of the head of the village councils by exploiting a `natural experiment' in local governance in India. A constitutional amendment in early 1990s ensured that only women could be the head in at least one- third of the village councils selected randomly. Utilizing a unique sample survey, we show that having a woman as the council head seems to have no effect on prevalence of water borne diseases. But if we look into the sub- categories of women council heads, we find that women council heads from …


Women Head Of The Village Councils And Water Borne Diseases, Ambrish A. Dongre Dec 2008

Women Head Of The Village Councils And Water Borne Diseases, Ambrish A. Dongre

Ambrish A Dongre

This paper examines the relation between prevalence of water- borne diseases and gender of the head of the village councils by exploiting a `natural experiment' in local governance in India. A constitutional amendment in early 1990s ensured that only women could be the head in at least one- third of the village councils selected randomly. Utilizing a unique sample survey, we show that having a woman as the council head seems to have no effect on the prevalence of water borne diseases. But if we look into the sub- categories of the women council heads, we find that the women …


Female Heads Of The Village Councils And Water Borne Diseases, Ambrish A. Dongre Dec 2008

Female Heads Of The Village Councils And Water Borne Diseases, Ambrish A. Dongre

Ambrish A Dongre

This paper examines the relation between prevalence of water- borne diseases and gender of the head of the village councils by exploiting a `natural experiment' in local governance in India. A constitutional amendment in early 1990s ensured that only women could be the head in at least one- third of the village councils selected randomly. Utilizing a unique sample survey, we show that having a woman as the council head seems to have no effect on the prevalence of water borne diseases. But if we look into the sub- categories of the female council heads, we find that the female …


Women Head Of The Village Councils And Water Borne Diseases, Ambrish A. Dongre Dec 2008

Women Head Of The Village Councils And Water Borne Diseases, Ambrish A. Dongre

Ambrish A Dongre

This paper examines the relation between prevalence of water- borne diseases and gender of the head of the village councils by exploiting a `natural experiment' in local governance in India. A constitutional amendment in early 1990s ensured that only women could be the head in at least one- third of the village councils selected randomly. Utilizing a unique sample survey, we show that having a woman as the council head seems to have no effect on the prevalence of water borne diseases. But if we look into the sub- categories of the women council heads, we find that the women …


Financial Stability, Trade Openness And The Structure Of Banks’ Shareholders, Claudiu T. Albulescu Dec 2008

Financial Stability, Trade Openness And The Structure Of Banks’ Shareholders, Claudiu T. Albulescu

Claudiu T Albulescu

The adverse effect of financial crises upon the world’s economies represented the background for the development of a wide economic literature on financial stability. The assessment of this phenomenon stands for a complex exercise, as many techniques can be used for this purpose. Such a technique is the construction of an aggregate financial stability index which allows for a comparison between financial systems stability. Based on an aggregate index and on a panel of data, we show that, for several Eastern European Countries, the financial stability is largely influenced by the trade openness and by the quality of banks’ shareholders. …


Economics Becomes A Science:1900-1999, Lester G. Telser Dec 2008

Economics Becomes A Science:1900-1999, Lester G. Telser

Lester G Telser

No abstract provided.


Syllabus Of Mathematics For Economists (Master's Course), Reza Moosavi Mohseni Dr. Dec 2008

Syllabus Of Mathematics For Economists (Master's Course), Reza Moosavi Mohseni Dr.

Reza Moosavi Mohseni

No abstract provided.


Women Head Of The Village Councils And Water Borne Diseases, Ambrish A. Dongre Dec 2008

Women Head Of The Village Councils And Water Borne Diseases, Ambrish A. Dongre

Ambrish A Dongre

This paper examines the relation between prevalence of water- borne diseases and gender of the head of the village councils by exploiting a `natural experiment' in local governance in India. A constitutional amendment in early 1990s ensured that only women could be the head in at least one- third of the village councils selected randomly. Utilizing a unique sample survey, we show that having a woman as the council head seems to have no effect on the prevalence of water borne diseases. But if we look into the sub- categories of the women council heads, we find that the women …