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Modeling Charitable Giving Using a Box-Cox Standard Tobit Model

The Review of Economics and Statistics 1991 73(3), 460
There is a large literature investigating the determinants of charitable giving, in particular, price and income elasticities. We find that many of the most often reported results from this literature rely on a model specification that is inappropriate when applied to recent Federal Tax File data. We develop a standard Tobit model with a Box-Cox transformation parameter that nests a number of other specifications. The Box-Cox model yields estimates of price elasticities and expected charitable contributions that differ from those obtained using the typical specification. Additionally, we find that the use of sample weights provides potentially important policy insights.

Analyzing the Determinants of the Matching of Public School Teachers to Jobs: Disentangling the Preferences of Teachers and Employers

Journal of Labor Economics 2013 31(1), 83-117
This article uses a game-theoretic, two-sided matching model and method of simulated moments estimation to study factors affecting the match of elementary teachers to their first jobs. We find that employers demonstrate preferences for teachers having stronger academic achievement (e.g., attended a more selective college) and for teachers living in closer proximity to the school. Teachers show preferences for schools that are closer geographically, are suburban, have a smaller proportion of students in poverty, and, for white teachers, have a smaller proportion of minority students. These results appear predictable but contradict findings from prior research estimating hedonic wage equations for teacher labor markets.