This paper uses control variables to identify and estimate models with nonseparable, multidimensional disturbances. Triangular simultaneous equations models are considered, with instruments and disturbances independent and reduced form that is strictly monotonic in a scalar disturbance. Here it is shown that the conditional cumulative distribution function of the endogenous variable given the i...

Real estate data exhibit autocorrelation and heterogeneity across both space and time. The literature is beginning to advance methods that account for the four components. This article accordingly introduces the Bayesian Maximum Entropy (BME) method to real estate analysis. In addition to controlling for spatiotemporal autocorrelation and heterogeneity, BME allows for probabilistic and missing ...

This paper proposes a new panel model of cross-sectional dependence. The model has a number of potential structural interpretations that relate to economic phenomena such as herding in financial markets. On an econometric level, it provides a flexible approach of modelling interactions across panel units and can generate endogenous cross-sectional dependence that can resemble the dependence tha...

This paper uses an independent competing risks framework to model job tenure, with previous labour market status and the duration of the preceding unemployment spell as explanatory variables. We find that jobs that follow an unemployment spell have shorter mean duration than other jobs. Less than one half of jobs that follow unemployment last for twelve months. Multivariate results suggest that...

The emergence of collaborative approaches in innovation policy and regional governance has increased expectations for universities to engage strategy making assume broader roles responsibilities. Nonetheless, complexities inherent the process, context universities’ own institutional organisational capacity are often ignored or under-explained when framing roles. Although these frequently introd...

This paper investigates the effect of ethnolinguistic conflict on redistribution. The analysis focuses on the conflict arising between “peripheral” minority groups and a dominant “center”. We propose an index of linguistic conflict that (i) encompasses both diversity and polarization, and (ii) accounts for the distance between lanuguages. Our results suggest that linguistic diversity is a bette...

abstract this study investigates casual relationship between co2 emission and gross domestic product per capita in five different country groups, using cross- country data for the period 1960-2007. to achieve the purpose, the co- integration test and error correction models are applied. results confirm casual relationships between the two variables. a unilateral relationship between gdp and co2...