The American Economic Review, Volume 94American Economic Association., 2004 |
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2SLS American Economic Review analysis annuities arrest asset average benefits blocks capital car thefts changes closure coefficient cohort cointegrating column Compulsory attendance conditional independence consumption correlation costs countries crime demolitions dependent variable dummy dumping duties earnings econometric empirical equation equilibrium esti estimates ex ante expected F-test factor fixed effects foreign firms function GATT/WTO Heckscher-Ohlin model high school graduation impact incarceration income increase indeterminacy individual industry inflation interest rate job search Journal labor likelihood likelihood function majoritarian measures ment monetary policy negative NLSY nomic observations optimal outcomes output paper parameter Pareto-efficient percent political Pre-Volcker prior probability production propensity score public housing regression relative reported retirement robust sample Section share significant Social Security specification standard errors stations statistically suggest sunspot Swiss dinar Table tion trade vector voting wealth workers Yes Yes zero