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1 January 2002
This paper develops an extension of the classical multinomial logit model which approximates a class of models obtained when there is uncontrolled taste variation across agents and choices in addition to the stochastic noise inherent in the logit model.
1 January 2002
The paper examines the impact of income on the transitions between home, living independently and first marriage of young Americans.
1 January 2002
1 January 2002
1 January 2002
1 January 2002
1 January 2002
1 January 2002
1 January 2002
This paper considers the identification and estimation of hedonic models.
1 January 2002
Economic models for hedonic markets characterize the pricing of bundles of attributes and the demand and supply of these attributes under different assumptions about market structure,
1 January 2002
The goal of this paper is to use a semiparametric reduced form model to estimate the effects of various tuition subsidies.
1 January 2002
This paper investigates how effective the Swedish labour market programmes have been in improving the opportunities of unemployed individuals over the last decade.
1 January 2002
Since the November 2001 Pre-Budget Report, there has been much speculation surrounding how much the UK spends on health and how much more it would need to spend in order to reach the average level of spending seen across European Union countries. An aspiration to increase UK health spending to the average European level was first made by the Prime Minister in January 2000. In addition, the Labour Party manifesto states that 'over time we will bring UK health spending up to the EU average'. More recently, the Prime Minister has confirmed that he would like to see UK health spending reach the European average by 2005. This short note compares the level of health spending in the UK with that overseas and discusses how much more the UK is likely to need to spend on health if it is to meet the Prime Minister's stated target.
1 January 2002
In this paper we explore a new approach to estimation for autoregressive panel data models, based on projecting the unobserved individual effects on the vector of observations on the lagged dependent variable.
31 December 2001
6 December 2001
A statistical problem that arises in several elds is that of estimating the features of an
4 December 2001
OECD data are used to investigate public and private environmental expenditures and, although they are more complete and consistent than other datasets, they are still poor.
1 December 2001
This paper examines the question of whether indirect tax rates should be uniform, using four different modelling strategies.
1 December 2001
Italy is characterised by a mature pay-as-you-go social security system and by particularly adverse population projections.
1 December 2001