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作者：Canova, Fabio; Matthes, Christian
作者单位：Indiana University System; Indiana University Bloomington; BI Norwegian Business School
摘要：We explain how to use the composite likelihood function to ameliorate estimation, computational and inferential problems in dynamic stochastic general equilibrium models. We combine the information present in different models or data sets to estimate the parameters common across models. We provide intuition for why the methodology works and alternative interpretations of the estimators we construct and of the statistics we employ. We present a number of situations where the methodology has the...
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作者：Bartos, Vojtech; Bauer, Michal; Chytilova, Julie; Levely, Ian
作者单位：Charles University Prague; Czech Academy of Sciences; Economics Institute of the Czech Academy of Sciences; University of Munich; Charles University Prague; University of London; King's College London
摘要：We test whether an environment of poverty affects time preferences through purely psychological channels. We measured discount rates among farmers in Uganda who made decisions about when to enjoy entertainment instead of working. To circumvent the role of economic constraints, we experimentally induced thoughts about poverty-related problems, using priming techniques. We find that thinking about poverty increases the preference to consume entertainment early and to delay work. Using monitoring...
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作者：Koch, Michael; Manuylov, Ilya; Smolka, Marcel
作者单位：Aarhus University; Leibniz Association; Ifo Institut
摘要：We study the microeconomic implications of robot adoption using a rich panel data set of Spanish manufacturing firms over a 27-year period (1990-2016). We provide causal evidence on two central questions: (1) Which firm characteristics prompt firms to adopt robots? (2) What is the impact of robots on adopting firms relative to non-adopting firms? To address these questions, we look at our data through the lens of recent attempts in the literature to formalise the implications of robot technolo...
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作者：Zumbuehl, Maria; Dohmen, Thomas; Pfann, Gerard
作者单位：Maastricht University; IZA Institute Labor Economics; Leibniz Association; DIW Berlin - Deutsches Institut fur Wirtschaftsforschung; Leibniz Association; Ifo Institut; CPB Netherlands Bureau for Economic Policy; University of Bonn; Centre for Economic Policy Research - UK
摘要：We empirically investigate the link between parental involvement and shaping of the economic preferences, attitudes and personality traits of their children. We exploit information on the risk and trust attitudes, the Big Five personality traits and locus of control of parents and their children, as well as rich information about parental efforts in the upbringing of their children from the German Socio-Economic Panel Study (SOEP). Our results show that parents who are more involved in the upb...
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作者：Andersen, Steffen; Marx, Julie; Nielsen, Kasper Meisner; Vesterlund, Lise
作者单位：Copenhagen Business School; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要：Negotiations over real estate show that men secure better prices than women. However, gender differences decrease when improving controls for the property's value, and is eliminated when controlling for unobserved heterogeneity in a repeated-sales sample. Rather than evidence of differences in negotiation, price differences result from men and women demanding different properties. Consistently, we find no gender difference in sales prices secured for inherited property. Provided appropriate co...
