Panel Stochastic Frontier Models with Endogeneity in Stata
Introducing xtsfkk, a new Stata command for fitting panel stochastic frontier models with endogeneity, offering better control for endogenous variables in the frontier and/or the inefficiency term in longitudinal settings compared to standard estimators. Learn about the significance of stochastic fr
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Gender Wage Gap Among Those Born in 1958: A Matching Estimator Approach
Examining the gender wage gap among individuals born in 1958 using a matching estimator approach reveals significant patterns over the life course. The study explores drawbacks in parametric estimation, the impact of conditioning on various variables, and contrasts with existing literature findings,
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Understanding Endogenous Optimum Currency Areas
Mundell's Optimum Currency Area Criteria and the concept of setting the endogeneity stage are discussed in relation to business cycles and trade integration. Approaches to empirically test business cycle synchronization and the theoretical ambiguity with empirical clarity are examined in the context
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Understanding Endogeneity and Instrumental Variable Estimation Methods
Endogeneity in econometrics can create challenges such as omitted variables bias, measurement error, simultaneous causality, and using lagged values. This can affect the accuracy of models. One way to address this is through instrumental variable estimation methods. These methods help deal with endo
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