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Full-Text Articles in Econometrics
Clustering And Polarization In The Distribution Of Output: A Multivariate Perspective, Michele Battisti, Christopher Parmeter
Clustering And Polarization In The Distribution Of Output: A Multivariate Perspective, Michele Battisti, Christopher Parmeter
Christopher F. Parmeter
No abstract provided.
Does Education Matter For Economic Growth?, Michael Delgado, Daniel J. Henderson, Christopher Parmeter
Does Education Matter For Economic Growth?, Michael Delgado, Daniel J. Henderson, Christopher Parmeter
Christopher F. Parmeter
Empirical economic research typically uses education as a proxy for human capital. However, research aimed at validating the inclusion of education measures in growth regressions has yet to reach a consensus, often finding that the sign and significance of education depends on the sample of observations or the specification of the model. The goal of this paper is to reconcile the conflicting empirical evidence and validate (or invalidate) the inclusion of education in international growth regressions by providing a rigorous and systematic search for significance of education. Using methods which are largely immune to model misspecification, we examine six of …