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作者:Bishop, Kelly C.; Murphy, Alvin D.
作者单位:Arizona State University; Arizona State University-Tempe
摘要:We build on the intuitive (static) modeling framework of Rosen (1974) and specify a simple, forward-looking model of location choice. We use this model, along with a series of graphs, to describe the potential biases associated with the static model and relate these biases to the time series of the amenity of interest. We then derive an adjustment factor that allows the potentially biased static estimates to be converted into forwardlooking estimates. Finally, we illustrate these concepts with...
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作者:Bontemps, Christian
作者单位:Universite Federale Toulouse Midi-Pyrenees (ComUE); Universite de Toulouse; Ecole Nationale de l'Aviation Civile (ENAC); Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics
摘要:This paper considers moment-based tests applied to estimated quantities. We propose a general class of transforms of moments to handle the parameter uncertainty problem. The construction requires only a linear correction that can be implemented in sample and remains valid for some extended families of nonsmooth moments. We reemphasize the attractiveness of working with robust moments, which lead to testing procedures that do not depend on the estimator. Furthermore, no correction is needed whe...
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作者:Palermo, Vincenzo; Higgins, Matthew J.; Ceccagnoli, Marco
作者单位:Accenture; University System of Georgia; Georgia Institute of Technology; National Bureau of Economic Research
摘要:Research has focused on why and when firms access external technology markets. Less is known about the reliability of patents attached to licensed technologies during litigation. Unreliable patents expose a firm to loss of downstream revenues. We address this by constructing a data set of patent litigation in the pharmaceutical industry and exploit a change in patent law that exogenously increased the probability of litigation. We find that licensed patents are more likely to fall during litig...
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作者:Khwaja, Asim I.; Mangal, Kunal
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作者:Heffetz, Ori; Reeves, Daniel B.
作者单位:Hebrew University of Jerusalem; Cornell University
摘要:How high is unemployment? How low is labor force participation? Is obesity more prevalent among men? How large are household expenditures? We study the sources of the relevant official statistics-the Current Population Survey, the Behavioral Risk Factor Surveillance System, and the Consumer Expenditure Survey-and find that the answers depend on whether we look at easy- or at difficult-to-reach respondents, measured by the number of call and visit attempts made by interviewers. A challenge to t...