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Since the work of Berndt and Christensen (1973), Russell (1975), and Blackorby and Russell (1976), it is well known that inputs and prices can be aggregated within a
Specifically, the negative effect of uncertainty on machinery investment is much greater than for buildings for those industries with negative coefficients in the SURE estimation..
This article discusses sequential IPW estimators to estimate mean causal effects defined within the dynamic causal model introduced by Robins (1986).. GMM theory is used to provide
In this section we compare the performance of the bias- corrected estimator (32), denoted by bc , with some alterna- tive estimators in a first-order dynamic panel model with
Using a repeated-purchase model with observed time-variant brand attributes, indicators for state dependence, and individual heterogeneity, we show that purchase history
that cooperative goals help student groups engage in constructive, open- minded controversy that results in effec- tive group work and classroom perfor- mance.. Seeking
Turning to the separate models for disability- related (Column 2) and unemployment- related SI claims (Column 3), we fi nd that the direct (same SI type) peer effects are of
With controls for year- and region- fixed effects and region specific linear trends, we find that a recession at entry has a persistent negative effect for less-educated Japanese men:
