Search
Now showing items 1-20 of 45
Extracting a Common Stochastic Trend: Theory with Some Applications
(Department of Economics, 2008)
that the asymptotic Gaussianity and the validity of the conventional inference for the maximum likelihood procedure extends to a larger class of more general state space models involving integrated time series. Finally, we demonstrate the utility of this class...
The Impact of Welfare Reform on Leaver Characteristics, Employment and Recidivism: An Analysis of Maryland and Missouri
(Department of Economics, 2007)
State and federal reforms of the 1990s transformed the U.S. cash assistance program for single parents and their children. Despite an extensive literature examining these changes and their impacts, there have been few ...
Production and Marketing Characteristics of U.S. Pork Producers, 2006
(2007-07)
The U.S. pork production sector has changed dramatically in recent years. Two decades ago it was made up of hundreds of thousands hog enterprises often part of diversified farming operations. Today, ownership of hogs is ...
Welfare to Temporary Work: Implications for Labor Market Outcomes
(Department of Economics, 2003)
We explore the effects of temporary help employment on welfare recipients' subsequent employment and welfare dynamics. We find that any employment-in temporary help services or other sectors-yields substantial benefits ...
Cointegrating Regressions with Messy Regressors: Missingness, Mixed Frequency, and Measurement Error
(Department of Economics, 2009)
We consider a cointegrating regression in which the integrated regressors are messy in the sense that they contain data that may be mismeasured, missing, observed at mixed frequencies, or have other irregularities that ...
Immigration, Mobility and Community in a Global World
(Cambio Center, 2002)
This paper examines the relationship between mobility and how Latino immigrants and internal migrants to Columbia, Missouri, experience community. I present literature on community and mobility, primarily that related to ...
Welfare and Work in the 1990s: Experiences in Six Cities
(Department of Economics, 2004)
Our study examines the dynamic structure of welfare participation and the labor market involvement of recipients starting in the early 1990s and extending through 1999 in the core counties containing six major urban areas: ...
Excess Sensitivity in Consumption without Liquidity Constraint: Evidence from Monthly Household Panel Data
(Department of Economics, 2007)
The monthly salaries and allowances of Korean government employees are known in advance but vary greatly throughout the year. Using a large Korean monthly panel data set from 1994 to 2003, we examine how nondurable consumption ...
The Impact of Welfare Reform on Leaver Characteristics, Employment and Recidivism
(Department of Economics, 2002)
Welfare reform has transformed the U.S. cash assistance program for single parents and their children. Although there remains substantial uncertainty about the importance of reform in producing the subsequent decline in ...
Heterogeneous Information and Investment under Uncertainty
(Department of Economics, 2007)
A sudden change in investment environment shifts objective uncertainty (characterized by parameters that determine the distribution of returns) and at the same time heightens subjective uncertainty (about the data generating ...
Production and Marketing Characteristics of U.S. Pork Producers - 2003
(2004-07)
Bertold Brecht once said, “Because things are the way they are, things will not stay the way they are.” Because things in the U.S. pork industry never seem to “stay the way they are,” researchers at the University of ...
State Social Capital and Individual Health Status
(Department of Economics, 2004)
findings generate both support for the social capital and health hypothesis and a number of implications for future research....
The Effect of Monetary Policy on Economic Output
(Department of Economics, 2003)
There is substantial research effort devoted to identifying a sufficient statistic for monetary policy. The purpose of this paper is to broaden the scope of the on-going investigation along three dimensions. First, we ...
What's in a Name?
(Department of Economics, 2004)
Plenty. This paper analyzes two broad questions: Does your first name matter? And how did you get your first name anyway? Using data from the National Opinion Research Center's (NORC's) General Social Survey, including access to respondent's first...
Environmental Policy Attitudes: Issues, Geographical Scale, and Political Trust
(Department of Economics, 2008)
Objectives. This article examines environmental policy attitudes, focusing on the differences in preferences across issue type (i.e., pollution, resource preservation) and geographical scale (i.e., local, national, global). ...
Using State Administrative Data to Measure Program Performance
(Department of Economics, 2006)
We use administrative data from Missouri to examine the sensitivity of earnings impact estimates for a job training program based on alternative nonexperimental methods. We consider regression adjustment, Mahalanobis ...
Perceived Economic Pressures and Farmer Ethics
(2008)
We consider the effect of perceived economic pressures on the ethical attitudes of farmers. We hypothesize that an increase in the economic pressures a farmer faces could result in that farmer being more tolerant of unethical ...
Are Internal Capital Markets Good for Innovation?
(2007-07)
Which type of firm is more innovative: the decentralized, diversified corporation or
the smaller, more narrowly focused “entrepreneurial” firm? According to one argument, diversified corporations can do more R&D because ...
The Welfare Caseload, Economics Growth and Welfare-to-Work Policies: An Analysis of Five Urban Areas
(Department of Economics, 2000)
This paper uses quarterly data on AFDC (later TANF) recipients in five major urban areas to examine the relative importance of policy reform and economic conditions in explaining the dynamics of the welfare caseload and ...
Joint Estimation of Sequential Labor Force Participation and Fertility Decisions Using Markov Chain Monte Carlo Techniques
(Department of Economics, 2004)
as how the effect of children varies with the number of children. We also decompose the total effect of children into the direct and indirect components and separately examine the dynamics of these components. Sequential participation decisions for four...