Search results for "Panel Data"
showing 10 items of 172 documents
Profit Sharing the Firm-Size Wage Premium
2017
This study analyzes the relationships among wages, firm size, and profit sharing schemes. We develop a simple theoretical model and explore the relationship empirically using high-quality panel data. The theoretical model shows that the firm-size wage premium decreases in the presence of profit sharing. The empirical results based on rich matched employee-employer data for private sector wage earners in Finland show that the firm-size wage premium is modest, and it becomes negligible when we account for profit sharing and covariates describing assortative matching and monopsony behavior. The analysis suggests that profit sharing schemes embody effects of firm-specific unobservables that rai…
The effects of an education-leave program on educational attainment and labor-market outcomes
2021
Abstract I study the effect of an education leave subsidy for the employed on labor-market outcomes and educational attainment using Finnish administrative linked employer-employee panel data and matching methods. The adult education allowance is available to employees with at least eight years of work experience and allows them to take a leave for 2–18 months to participate in an education program while being compensated for a substantial part of their forgone earnings. I find large positive treatment effects on educational attainment and changing occupation. The treatment effects on earnings and employment are negative during the lock-in period and close to zero afterward. Treatment effec…
SHOOTING DOWN THE PRICE: EVIDENCE FROM MAFIA HOMICIDES AND HOUSING MARKET VOLATILITY
2019
In this work, we assess the role of a specific type of organized crime in influencing choices on where living within the city territory, and consequently, volatility in house prices. More specifically, we test how organized crime killing may influence house pricing behaviors. Firstly, we show evidences about how organized crime is associated with higher inequality of housing prices for Italian cities in 2011. Then, by collecting and geo referencing data on the city of Naples for the period 2002-2016, we test for the direct influence of homicides on the relevant territory, as on the neighboring districts. Results show a negative and significant impact of killing on the house prices either fo…
Does the plant size–wage differential increase with tenure? Affirming evidence from German panel data
2015
We show that the major part of the plant size–wage premium in Germany is reflected in different wage growth patterns in plants of different size. This is consistent with the hypothesis that large firms ‘produce’ more skilled workers over time.
Regression imputation for Space-Time datasets with missing values
2009
Data consisting in repeated observations on a series of fixed units are very common in different context like biological, environmental and social sciences, and different terminology is often used to indicate this kind of data: panel data, longitudinal data, time series-cross section data (TSCS), spatio-temporal data. Missing information are inevitable in longitudinal studies, and can produce biased estimates and loss of powers. The aim of this paper is to propose a new regression (single) imputation method that, considering the particular structure and characteristics of the data set, creates a “complete” data set that can be analyzed by any researcher on different occasions and using diff…
The Export-Productivity Link in Brazilian Manufacturing Firms
2015
This paper explores the link between exports and total factor productivity in Brazilian manufacturing firms over the period 2000–08. The Brazilian experience is instructive, as it is a case of an economy that expanded aggregate exports significantly, but with stagnant aggregate growth in total factor productivity. The paper first estimates firm-level total factor productivity under alternative assumptions (exogenous and endogenous law of motion for productivity) following a GMM procedure. In turn, the analysis uses stochastic dominance techniques to assess whether the ex ante most productive firms are those that start exporting (self-selection hypothesis). Finally, the paper tests whether e…
The dynamics of radical right-wing populist party preferences and perceived group threat: A comparative panel analysis of three competing hypotheses …
2014
Existing cross-sectional research considers citizens' preferences for radical right-wing populist (RRP) parties to be centrally driven by their perception that immigrants threaten the well-being of the national ingroup. However, longitudinal evidence for this relationship is largely missing. To remedy this gap in the literature, we developed three competing hypotheses to investigate: (a) whether perceived group threat is temporally prior to RRP party preferences, (b) whether RRP party preferences are temporally prior to perceived group threat, or (c) whether the relation between perceived group threat and RRP party preferences is bidirectional. Based on multiwave panel data from the Netherl…
Panel Conditioning or SOCRATIC EFFECT REVISITED: 99 Citations, but is there Theoretical Progress?
2020
In a paper published as early as 1987 by Jagodzinski, Kuhnel and Schmidt on attitude measurement in a three wave panel study, we established empirically a general orientation toward foreign employees in Western Germany called “Gastarbeiter”. These items have been continuously used from 1980 till now in the ALLBUS studies (Wasmer and Hochman 2019). In this paper, we have analyzed how the citation, explanation and modeling of the Socratic effect for explaining changes in panel data developed over time starting with the original paper of Jagodzinski et al. (1987). According to Google Scholar retrieved at 24.1.2019, 99 citations were found, which are all listed in the Online Supplementary. From…
High Wage Workers Match with High Wage Firms: Clear Evidence of the Effects of Limited Mobility Bias
2012
Positive assortative matching implies that high productivity workers and firms match together. However, there is almost no evidence of a positive correlation between the worker and firm contributions in two-way fixed-effects wage equations. This could be the result of a bias caused by standard estimation error. Using German social security records we show that the effect of this bias is substantial in samples with limited inter-firm movement. The correlation between worker and firm contributions to wage equations is unambiguously positive.
MEDIUM-TERM DETERMINANTS OF INTERNATIONAL INVESTMENT POSITIONS: THE ROLE OF STRUCTURAL POLICIES
2012
This paper provides an empirical investigation of the medium-term determinants of international investment positions for a large sample of advanced and emerging economies. In addition to the usually considered drivers of foreign assets and liabilities, the analysis focuses on the role of structural policy indicators. Using cross-section and panel regression techniques the results suggest that structural policy settings are important medium-term drivers of capital flows, having a relatively large impact on gross and net foreign capital positions and on their composition. In particular, the results suggest that certain kinds of structural policy reform could help to narrow global imbalances,…