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ESTIMATION PROBLEMS IN MODELS WITH SPATIAL WEIGHTING MATRICES WHICH HAVE BLOCKS OF EQUAL ELEMENTS
SPATIAL WEIGHTING MATRICES HAVE BLOCKS EQUAL ELEMENTS
2015/9/24
Spatial models whose weighting matrices have blocks of equal elements might be considered if units are viewed as equally distant within certain neighborhoods, but unrelated between neighborhoods. We g...
2SLS and OLS in a spatial autoregressive model with equal spatial weights
Spatial autoregressive models Row normalized and equal spatial weights Ordinary least squares Two stage least squares Panel data
2015/9/24
The paper considers a Cliff–Ord type spatial model with a spatially lagged dependentvariable and a row normalized weighting matrix with equal weights. We show that the 2SLSand OLS estimators are incon...
How Much (More) Should CEOs Make?A Universal Desire for More Equal Pay
Inequality Justice Income Wage Cross-Cultural Wages Equality and Inequality Fairness
2015/5/14
Do people from different countries and different backgrounds have similar preferences for how much more the rich should earn than the poor? Using survey data from 40 countries (N = 55,238), we compare...
How Much (More) Should CEOs Make?A Universal Desire for More Equal Pay
Inequality Justice Income Wage Cross-Cultural Wages Equality and Inequality
2015/5/13
Do people from different countries and different backgrounds have similar preferences for how much more the rich should earn than the poor? Using survey data from 40 countries (N = 55,238), we compare...
Growth and the Quality of Foreign Direct Investment:Is All FDI Equal?
foreign direct investment economic growth industry data spillovers instrumental variables
2015/4/21
In this paper we distinguish different “qualities” of FDI to re-examine the relationship between FDI and growth. We use ‘quality’ to mean the effect of a unit of FDI on economic growth. However, this ...
Worse but Equal: The Influence of Social Categories on Resource Allocations
Demographics Fairness Resource Allocation Decision Choices and Conditions Profit
2015/4/20
This paper explores the influence of social categories on the perceived trade-off between relatively bad but equal distribution of resources between two parties and profit maximizing, yet asymmetric p...