All Outputs (6)

vcemway: A one-stop solution for robust inference with multi-way clustering (2019)
Journal Article
Gu, A., & Yoo, H. (2019). vcemway: A one-stop solution for robust inference with multi-way clustering. The Stata Journal, 19(4), 900-912

Most Stata commands allow cluster(varname) or vce(cluster clustvar) as an option, popularizing the use of standard errors that are robust to oneway clustering. For adjusting standard errors for multiway clustering, there is no solution that is as wid... Read More about vcemway: A one-stop solution for robust inference with multi-way clustering.

Temporal Stability of Cumulative Prospect Theory (2019)
Book Chapter
Lau, M., Yoo, H., & Zhao, H. Temporal Stability of Cumulative Prospect Theory. In G. Harrison, & D. Ross (Eds.), Models of Risk Preferences: Descriptive and Normative Challenges. Emerald. Manuscript submitted for publication

Religion, Religiosity and Educational Attainment: Evidence from the Compulsory Education System in England (2019)
Journal Article
Moffat, J., & Yoo, H. (2020). Religion, Religiosity and Educational Attainment: Evidence from the Compulsory Education System in England. Applied Economics, 52(4), 430-442. https://doi.org/10.1080/00036846.2019.1646872

This paper investigates the effect of religion on the educational attainment of pupils in their final year of compulsory education in England. The results show that pupils that identify with any religion have better academic performance than other pu... Read More about Religion, Religiosity and Educational Attainment: Evidence from the Compulsory Education System in England.

Risk Attitudes, Sample Selection and Attrition in a Longitudinal Field Experiment (2019)
Journal Article
Harrison, G., Lau, M., & Yoo, H. (2020). Risk Attitudes, Sample Selection and Attrition in a Longitudinal Field Experiment. The Review of Economics and Statistics, 102(3), 552-568. https://doi.org/10.1162/rest_a_00845

We evaluate the temporal stability of risk preferences using a remarkable data set that combines socio-demographic information from the Danish Civil Registry with information on risk attitudes from a longitudinal field experiment. Our econometric mod... Read More about Risk Attitudes, Sample Selection and Attrition in a Longitudinal Field Experiment.

Econometrics of Stated Preferences (2019)
Book Chapter
Fiebig, D., & Yoo, H. (2019). Econometrics of Stated Preferences. In A. M. Jones (Ed.), The Oxford encyclopedia of health economics. Oxford University Press. https://doi.org/10.1093/acrefore/9780190625979.013.92

Stated preference methods are used to collect individual level data on what respondents say they would do when faced with a hypothetical but realistic situation. The hypothetical nature of the data has long been a source of concern among researchers... Read More about Econometrics of Stated Preferences.

Semiparametric estimation of the random utility model with rank-ordered choice data (2019)
Journal Article
Yan, J., & Yoo, H. I. (2019). Semiparametric estimation of the random utility model with rank-ordered choice data. Journal of Econometrics, 211(2), 414-438. https://doi.org/10.1016/j.jeconom.2019.03.003

We propose semiparametric methods for estimating random utility models using rank-ordered choice data. Our primary method is the generalized maximum score (GMS) estimator. With partially rank-ordered data, the GMS estimator allows for arbitrary forms... Read More about Semiparametric estimation of the random utility model with rank-ordered choice data.