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Measurement Error And Time Aggregation A Closer Look At Estimates Of Output Labor Elasticities
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Book Synopsis Measurement Error and Time Aggregation by : Marcello M. Estevão
Download or read book Measurement Error and Time Aggregation written by Marcello M. Estevão and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the effect of time aggregation on estimates of the elasticities of output with respect to employment and to average hours of work. The main goal is to get accurate estimates of production function parameters. Low frequency data generate better estimates of output- employment elasticity while high frequency data generate better estimates of output-average hours elasticity. This result comes from the fact that time aggregation increases (decreases) the bias in the estimate of the elasticity with respect to average hours (employment). Estimations of these elasticities at different data frequencies and numerical simulations illustrate this point. In addition, this estimation methodology shows that the elasticity of output with respect to employment is bigger than the elasticity of output with respect to average hours, as theory predicts, contradicting an established result in the literature.
Book Synopsis Measurement Error and Time Aggregation by : Marcelo M. Estevão
Download or read book Measurement Error and Time Aggregation written by Marcelo M. Estevão and published by . This book was released on 1996 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Measurement Error and Time Aggregation: a Closer Look at Estimates of Output-labor Elasticities by : Marcello M. Estevão
Download or read book Measurement Error and Time Aggregation: a Closer Look at Estimates of Output-labor Elasticities written by Marcello M. Estevão and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Measurement Error and Time Aggregation by : Arthur B. Kennickell
Download or read book Measurement Error and Time Aggregation written by Arthur B. Kennickell and published by . This book was released on 1996 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Fed in Print written by and published by . This book was released on 1996 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Endogeneity of Employment Adjustment Costs by : Charles A. Fleischman
Download or read book The Endogeneity of Employment Adjustment Costs written by Charles A. Fleischman and published by . This book was released on 1996 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Why are Estimates of Agricultural Supply Response So Variable? by : Russell L. Lamb
Download or read book Why are Estimates of Agricultural Supply Response So Variable? written by Russell L. Lamb and published by . This book was released on 1996 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Poverty Analysis Macroeconomic Simulator (PAMS) Linking Household Surveys with Macro-models by : Luiz A. Pereira da Silva
Download or read book A Poverty Analysis Macroeconomic Simulator (PAMS) Linking Household Surveys with Macro-models written by Luiz A. Pereira da Silva and published by . This book was released on 2002 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Off-farm Labor Supply and Fertilizer Use by : Russell L. Lamb
Download or read book Off-farm Labor Supply and Fertilizer Use written by Russell L. Lamb and published by . This book was released on 1996 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Forecasting Long- and Short-horizon Stock Returns in a Unified Framework by : Chunsheng Zhou
Download or read book Forecasting Long- and Short-horizon Stock Returns in a Unified Framework written by Chunsheng Zhou and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Labor Supply Elasticities by : Garry F. Barrett
Download or read book Labor Supply Elasticities written by Garry F. Barrett and published by . This book was released on 2016 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: We measure the impact of measurement error in labor-supply elasticities estimated over recalled usual work hours, as is ubiquitous in the literature. Employing hours of work in diaries collected by the American Time Use Survey, 2003-12, along with the same respondents’ recalled usual hours, we show that the latter yield elasticities that are positively biased. We argue that this bias arises from the salience on recalled hours of differences in wage rates.
Book Synopsis Economic Policy 55 by : Georges De Menil
Download or read book Economic Policy 55 written by Georges De Menil and published by John Wiley & Sons. This book was released on 2009-04-20 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Top economists provide a concise and accessible evaluation of major developments in trade and trade policy. Economic Policy has earned a reputation around the world as the one publication that always identifies current and emerging policy topics early Papers are specially commissioned from first-class economists and experts in the policy field The editors are all based at top European economic institutions and each paper is discussed by a panel of distinguished economists This unique approach guarantees incisive debate and alternative interpretations of the evidence
Book Synopsis Labor Productivity by : Martin Neil Baily
Download or read book Labor Productivity written by Martin Neil Baily and published by . This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis What Explains the Variation in Estimates of Labour Supply Elasticities? by : Michiel Evers
Download or read book What Explains the Variation in Estimates of Labour Supply Elasticities? written by Michiel Evers and published by . This book was released on 2005 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bespreking van de resultaten van een meta-analyse van empirische schattingen in de literatuur van de ongecompenseerde arbeidsaanbodelasticiteit.
Book Synopsis Do Low Human Capital Coefficients Make Sense? by : Ruth Judson
Download or read book Do Low Human Capital Coefficients Make Sense? written by Ruth Judson and published by . This book was released on 1996 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Regulatory Competition and the Efficiency of Alternative Derivative Product Margining Systems by : Paul H. Kupiec
Download or read book Regulatory Competition and the Efficiency of Alternative Derivative Product Margining Systems written by Paul H. Kupiec and published by . This book was released on 1996 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Endogenous Price Stickiness and Business Cycle Persistence by : Michael T. Kiley
Download or read book Endogenous Price Stickiness and Business Cycle Persistence written by Michael T. Kiley and published by . This book was released on 1996 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: