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There are large increases in the mean duration in both states , but the standard errors are almost as large as the changes . The imprecision of the mean is not surprising in this data set given the skewness of the data .
There are large increases in the mean duration in both states , but the standard errors are almost as large as the changes . The imprecision of the mean is not surprising in this data set given the skewness of the data .
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As long as neighborhoods matter in the transmission of skills , the " net " rate of mean - convergence ( i.e. , net of neighborhood effects ) implied by the fixed - effects model , 8 , + 82 , is conceptually different from the " gross ...
As long as neighborhoods matter in the transmission of skills , the " net " rate of mean - convergence ( i.e. , net of neighborhood effects ) implied by the fixed - effects model , 8 , + 82 , is conceptually different from the " gross ...
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The skill - invariance assumption is also useful in determining the relationship between the estimator & [ from equation ( 5 ) ] and the net rate of mean convergence . This relationship is summarized by the next proposition .
The skill - invariance assumption is also useful in determining the relationship between the estimator & [ from equation ( 5 ) ] and the net rate of mean convergence . This relationship is summarized by the next proposition .
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Evidence? | 17 |
The Effect of Institutions on Economic Behavior | 409 |
Theory of Contracts | 432 |
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