Household survey data provide a rich information set on income, household context and demographic variables, but tend to under report incomes at the very top of the distribution. Tax record data offer more precise information on top incomes at the expense of household context details and incomes of non-filers at the bottom of the distribution. We combine the benefits of the two data sources and...
Maria Metzing, Charlotte Bartels
Augsburg,
04.09.2016
- 07.09.2016| Demographischer Wandel: Jahrestagung 2016 des Vereins für Socialpolitik
Julia Rechlitz, Astrid Cullmann, Maria Nieswand
Augsburg,
04.09.2016
- 07.09.2016| Demographischer Wandel: Jahrestagung 2016 des Vereins für Socialpolitik
This paper proposes a new non-parametric method of constructing joint confidence bands for impulse response functions of vector autoregressive models. The estimation uncertainty is captured by means of bootstrapping and the highest density region (HDR) approach is used to construct the bands. A Monte Carlo comparison of the HDR bands with existing alternatives shows that the former are competitive...
Peter Winker, Helmut Lütkepohl, Anna Staszewska-Bystrova
Augsburg,
04.09.2016
- 07.09.2016| Demographischer Wandel: Jahrestagung 2016 des Vereins für Socialpolitik