Showing 1 - 6 of 6
This paper presents a convenient shortcut method for implementing the Heckman estimator of the dynamic random effects probit model using standard software. It then compares the three estimators proposed by Heckman, Orme and Wooldridge based on three alternative approximations, first in an...
Persistent link: https://www.econbiz.de/10012775847
This paper presents a convenient shortcut method for implementing the Heckman estimator of the dynamic random effects probit model and other dynamic nonlinear panel data models using standard software. It then compares the estimators proposed by Heckman, Orme and Wooldridge, based on three...
Persistent link: https://www.econbiz.de/10005748202
This paper estimates the impact of the introduction of the UK minimum wage on the working hours of low-wage employees using difference-in-differences estimators. The estimates using the employer-based New Earnings Surveys indicate that the introduction of the minimum wage reduced the basic hours...
Persistent link: https://www.econbiz.de/10005368562
This paper uses longitudinal data from three contrasting datasets (matched Labour Force Surveys, the British Household Panel Survey and matched New Earnings Surveys) to estimate the impact of the introduction of the UK minimum wage (in April 1999) on the probability of subsequent employment...
Persistent link: https://www.econbiz.de/10005368780
This paper uses panel data on pensioners’ subjective evaluations of their financial positions to construct equivalence scales for pensioners. A pensioner couple is estimated to require an income 44% higher than a comparable single pensioner to reach the same standard of living. This is...
Persistent link: https://www.econbiz.de/10005583058
This paper investigates possible spillover effects of the UK minimum wage. The halt in the growth in inequality in the lower half of the wage distribution (as measured by the 50:10 percentile ratio) since the mid 1990s, in contrast to the continued inequality growth in the upper half of the...
Persistent link: https://www.econbiz.de/10009145633