Search results for "Probit"
showing 9 items of 49 documents
La ética en el otorgamiento y gestión del crédito: “Prácticas predatorias y abusivas en la financiación hipotecaria a inmigrantes ecuatorianos en Esp…
2019
1.- Antecedentes y Justificativo Esta investigación se planteó a partir de los datos alarmantes de ecuatorianos inmigrantes en España involucrados en el endeudamiento hipotecario y la situación apremiante ante los numerosos casos de crédito fallido (default), desahucios y el crecimiento de demandas judiciales que afectaban a este colectivo. El autor, partícipe como asesor en el Programa de Asistencia de Asesoría Jurídica Hipotecaria para ecuatorianos afectados por las Hipotecas, desarrollado entre los años 1999 y 2007 por los Consulados y la Embajada de Ecuador en España, se vio motivado a investigar sobre las causas del default de los créditos hipotecarios del colectivo y a reflexionar sob…
Social capital and political participation
2010
This paper analyzes the determinants of social capital, as generalized trust, from a microeconomic perspective. We review previous results at the aggregate level and test their significance in our setup. Specifically we aim at testing the role of political participation and the quality of institutions. The empirical work relies on microeconomic data from the 2008 wave of the European Social Survey, including 21 European countries and roughly 41,000 observations on a wide set of socio-economic and political variables. Preliminary results underline the role of political participation in the accumulation of generalized trust, while data are consistent with institutional quality being a consequ…
Fiscal consolidation and financial reforms
2015
We use data for a panel of 17 countries over the period 1980-2005 to investigate the impact of fiscal consolidation on the likelihood of financial reforms. We show that fiscal adjustments do not boost the implementation of financial reforms. However, tax-driven fiscal consolidation programs raise the likelihood of banking sector reforms. Moreover, we find that: (i) an increase in the degree of trade openness makes countries less likely to implement financial reforms; (ii) an increase in the interest rate spreads accelerates the path of financial reforms, especially, external capital account reforms; and (iii) an improvement in the quality of political institutions strongly enhances the prob…
Bayesian semiparametric long memory models for discretized event data
2020
We introduce a new class of semiparametric latent variable models for long memory discretized event data. The proposed methodology is motivated by a study of bird vocalizations in the Amazon rain forest; the timings of vocalizations exhibit self-similarity and long range dependence. This rules out Poisson process based models where the rate function itself is not long range dependent. The proposed class of FRActional Probit (FRAP) models is based on thresholding, a latent process. This latent process is modeled by a smooth Gaussian process and a fractional Brownian motion by assuming an additive structure. We develop a Bayesian approach to inference using Markov chain Monte Carlo and show g…
The Well-Being Gap during the Great Recession: The Role of Growth and Institutions
2020
The purpose of this paper is to examine the well-being dynamics across European countries during the Great Recession and to investigate the potential role of the quality of formal institutions in mitigating the negative effect of the economic downturn. This study uses the club convergence methodology by Phillips and Sul (2007; 2009) to group EU-28 countries that present similar features in terms of well-being during the period 2005-2017. The study also applies probit models to investigate the potential role of several social and institutional characteristics that are supposed to affect subjective well-being levels. The results show the existence of a “well-being gap” among European countrie…
Multidimensional health modeling: Association between socioeconomic and psychosocial factors and health in Latvia
2009
This research aims at estimating association between socioeconomic and psychosocial factors on the one hand and health in Latvia on the other hand. While information on association between socioeconomic determinants of population health in Latvia is scarce, effect of psychosocial resources on individual health in this country hasn’t been estimated before. We find empirical support for the association between different psychosocial factors and physical health in Latvia. This paper proposes new approach for modelling self-assessed health. We find that the concept of health is too complicated to measure effects of health determinants using a one-dimensional econometric model. We apply two-dime…
MOVILIDAD, TENENCIA Y DEMANDA DE VIVIENDA EN ESPAÑA
2003
Mobility studies take into account that housing tenure has a high influencethrough transaction costs. If benefit of change is greater than costs, the household willchange their dwelling, if not the household stays even though their consumption is notthe optimum. Our aim is to analyse the behaviour of Spanish households that facemobility and tenure decisions, taking into account that they are endogenous given theclose relation between both: the tenure selected depends on the future decisionregarding mobility and expected future mobility depends on the present decision abouttenure. Together with these decisions, we will analyse factors that determine thehousing services demand for recent move…
Labour market changes in Latvian economic sectors
2021
Covid-19 pandēmija skārusi gandrīz ikvienu, taču ir nozares, kuru darbība ir ierobežota vai pilnībā apturēta, tāpēc šī darba ietvaros tiek apskatītas darba tirgus izmaiņas Latvijas tautsaimniecības nozarēs laika periodā no 2008. – 2020.gadam. Darba mērķis ir izpētīt kurās tautsaimniecības nozarēs ir notikušas būtiskākās izmaiņas un salīdzināt tās ar tendencēm Eiropas Savienībā. Pētījuma pirmajā nodaļā tiek apskatīti jau iepriekš veikti pētījumi un publikācijas par darba tirgu gan Latvijā, gan citās valstīs. Otrajā daļā tiek salīdzināti dažādi darba tirgus rādītāji gan ar ES valstīm, gan starp nozarēm, trešajā nodaļā apskatītas nozaru maiņas gada laikā un veikta probit regresijas analīze, ka…
Urban Segregation and Unemployment: A Case Study of Marseille (France)
2015
International audience; In this paper, we study the effects the Marseille’s spatial organization on unemployment. More specifically, differences in characteristics of residential population induce urban stratification so that the urban structure could affect the propensity of unemployment. This potential link is called the reverse causality. In order to evaluate the effect s of spatial structure on unemployment, we implement a spatial probit model to reveal the employment probabilities of young adults still living with their parents. In a first step, we highlight the realness of residential segregation in Marseille by a topology of neighborhoods by degree of deprivation with a principal com…