This model specification implies that we can analyse data for all subjects even though some subjects only contributed with one or a few observations.
Our benchmark specification implies that all tax proceeds in excess of government consumption are rebated to the household in lump sum.
The specification implies that even though many observations have an identical score of zero or one on innovation variable, they can obtain different scores on the latent variable.
My instrumental variable specification implies that a 1 percentage point increase in the school-leaving state unemployment rate leads to a 1.7 percentage point (2.2%) reduction in the probability of access to employer-sponsored health insurance among men.
The estimates of my richest local labor markets regression specification implies that a 10%% increase in the immigrant share of the labor force caused a 20%% decline in native blacks' annual wages.
The basic specification implies no spillover effects of increasing in benefit availability for ineligible individuals: the coefficients on PBD are uniformly small and insignificant in columns (1) and (3).
Our benchmark specification implies that all of government consumption, as opposed to government transfers, is a waste, or equivalently it finances some public good that enters utility in a separable form.
As can be seen in Table 2, our final and preferred specification implies that such a change in the share of low-skilled immigrants in a woman's MSA leads to a 0.58 percentage point increase in the probability that she has given birth in the previous year and participates in the labor market.
Forget what those specifications imply about outmoded technology: with 350 peak horsepower, and bountiful torque at low speeds, the Corvette is very forgiving if you're lazy with the six-speed manual gearshift.
9 Although we use a quadratic specification, implying a cost for under utilisation, as long as the budget is ample relative to the treatment-specific cost, conditions we always ensure, optimal (k>bar {k}).
