997 research outputs found

    Marginal effects in the double selection regression model: an illustration for the wages of women in Spain

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    In this article we obtain different marginal effects for continuous variables in the context of a double selection regression model, in which it is assumed that the model's disturbances have a normal distribution. Using data of Spanish women, we illustrate these effects by estimating a double selection regression model for the analysis of the economic return from education in the context of the Mincerian wage equation.wage equation

    AN AGGREGATED INDEX OF HUMAN CAPITAL

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    In this paper, taking the model of Arrazola and Hevia (Applied Economics Letters, 11 – 145-8, 2004) as a starting point, we propose a homogeneous measure of human capital of individuals, which permits interpersonal comparisons. This indicator has been set up for a sample of Spanish men and women and compared to the results obtained when using Portela's proposal to construct a human capital indicator (Economics Letters, 72, 27-32, 2001). It was concluded that both from a theoretical and empirical point of view, the properties of the index proposed in this article are better than those of Portela''s suggested measure.human capital.

    An optimization model for metabolic pathways

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    This article is available open access through the publisher’s website through the link below. Copyright @ The Author 2009.Motivation: Different mathematical methods have emerged in the post-genomic era to determine metabolic pathways. These methods can be divided into stoichiometric methods and path finding methods. In this paper we detail a novel optimization model, based upon integer linear programming, to determine metabolic pathways. Our model links reaction stoichiometry with path finding in a single approach. We test the ability of our model to determine 40 annotated Escherichia coli metabolic pathways. We show that our model is able to determine 36 of these 40 pathways in a computationally effective manner. Contact: [email protected] Supplementary information: Supplementary data are available at Bioinformatics online (http://bioinformatics.oxfordjournals.org/cgi/content/full/btp441/DC1)

    A simple inflation indicator for the euro zone

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    This paper proposes and estimates an inflation indicator for the European Monetary Union (EMU). This indicator is set up so that it is contemporarily not affected by the changes in price differentials among EMU countries. The results show that the Monetary Union Index of Consumer Prices (MUICP), which is the inflation measure that the European Central Bank (ECB) takes as a reference for monetary policy purposes, could be understating the value of the inflation in the euro zone. It is also concluded that regional peculiarities are fundamental in the evolution of prices in the different EMU countries

    A proposal to estimate human capital depreciation: some evidence for Spain

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    This article formulates an empirical model for salary determination, which permits the identification of the depreciation rate of the stock of professional qualifications. The analysis is implemented using the 1994 European Community Household Panel data referring to Spanish salaried males. The depreciation rate of the stock of qualifications is estimated at a narrow interval centred at 1%. Empirical evidence also suggests that although the depreciation rate does not vary according to the level of education, it does so depending on unemployment spells endured by the worker in recent years and on whether the worker has undertaken training courses.Human capital, depreciation, experience-earnings profiles

    Manual lateralization in infancy

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