What would be the counterfactual wage of civil servants if they were employed in the private sector? Using the French European Household panel, we present a new approach to the wage differential between the public and the private sectors. We estimate a model, which controls both for selection...

The analysis focuses on the impact of government-sponsored training programs aimed at disadvantaged male youths on their labour market transitions. The richness of the data at our disposal allows us to recreate very detailed individual histories over a relatively long period. We use a continuous...

La mise en place des systemes automatises de cotation autorise l'enregistrement en continu des transactions et des ordres. Pour etudier les motifs de placement des ordres et les implications des theories de la microstructure des marches financiers, on a ete amene a considerer les aspects lies a...

This paper presents bayesian inference procedures for the continuous time mover-stayer model applied to individual transition data collected in discrete time. In particular, these methods allow to derive the probability of embeddability of the discrete-time modelling with the continuous-time...

In this paper we analyse the problem of the modelling of individual transitions in presence of an incomplete sampling scheme. This problem is particularly cumbersome when a continuous-time scale is used for the modelling and when the model incorporates unobserved heterogeneity. This problem...

In this paper we analyse the problem of the modelling of individual transitions in presence of an incomplete sampling scheme.

This paper presents recent econometric models of individual mobility on the labor market. The general framework is given by the theory of point processes which are continuous time finite state space processes. The first part of the paper is devoted to specification problems and the inference of...