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Production function estimation using subjective expectations data

Standard methods for estimating production functions in the Olley and Pakes (1996) tradition require assumptions on… Continue reading.

Agnes Norris Keiller, Áureo de Paula, John Van Reenen
July | CWP15/24
Testing sign congruence between two parameters

We test the null hypothesis that two parameters (μ1,μ2) have the same sign, assuming that (asymptotically)… Continue reading.

Douglas L. Miller, Francesca Molinari, Jorg Stoye
June | CWP14/24
Latent heterogeneity in the marginal propensity to consume

We estimate the unconditional distribution of the marginal propensity to consume (MPC) using clustering regression applied… Continue reading.

Daniel Lewis, Davide Melcangi, Laura Pilossoph
May | CWP13/24
Semi-nonparametric models of multidimensional matching: an optimal transport approach

This paper proposes empirically tractable multidimensional matching models, focusing on worker-job matching. We generalize the parametric… Continue reading.

Dongwoo Kim, Young Jun Lee
May | CWP12/24