This paper extends the widely used ordered choice model by introducing stochastic
thresholds and interval-specific outcomes. The model can be interpreted as a generalization of the GAFT (MPH) framework for discrete duration ...
We use the control function approach to identify the average treatment effect and the
effect of treatment on the treated in models with a continuous endogenous regressor whose
impact is heterogeneous. We assume a stochastic ...
It has been nearly 2 years since the UK government reformed the system of local business rates to introduce a uniform business rate (UBR), but the debate continues over the merits of the new system. The change across regions ...
The impact of internal and external variables on firm-level wages is examined using data for 436 UK firms over the period 1976-1986. The evidence indicates that both matter, as firm-level profit per employee and industrial ...
Denny, Kevin(University College Dublin. School of EconomicsUniversity College Dublin. Geary Institute, 2009-07)
I show a simple back-of-the-envelope method for calculating marginal effects in binary
choice and count data models. The approach suggested here focuses attention on
marginal effects at different points in the distribution ...