Showing 1 - 10 of 54
In this paper, we match firm data to individual work history files in order to simultaneously estimate the wage and employment duration processes of a longitudinal sample of two million French workers employed in roughly one million firms and followed over twenty years. The particular structure...
Persistent link: https://www.econbiz.de/10005699664
Abstract It is increasingly recognized that institutional factors such as trade unions do play a dominant role in determining the levels of wages, standard of working conditions. This is more pronounced in the industrial sector of developing economies. The role of labor organizations in the...
Persistent link: https://www.econbiz.de/10005086414
Three basic mechanisms are behind the statistical relationship between fertility decisions and labor force participation decisions. 1) Causal direct effect: the time spent in child-care reduces the labor market effort leading to a temporary drop in post-birth labor force participation. 2) Causal...
Persistent link: https://www.econbiz.de/10005328989
This paper seeks to quantify sources of variation in annual job earnings data collected by the 1996 Survey of Income and Program Participation (SIPP) and to determine how much of the variation is the result of measurement error. To this end, jobs reported in the SIPP are linked to jobs reported...
Persistent link: https://www.econbiz.de/10005063594
squares estimator under such endogeneity for the regressions with the integrable or asymptotically homogeneous regression … the estimator is consistent and has the same rate of convergence as for the case of the regressions with no endogeneity …. Whether or not the limiting distribution is affected by the presence of endogeneity, however, depends upon the type of the …
Persistent link: https://www.econbiz.de/10005329022
This lecture explores conditions under which there is identification of the impact on an outcome of exogenous variation in a variable which is endogenous when data are gathered. The starting point is the Cowles Commission linear simultaneous equations model. The parametric and additive error...
Persistent link: https://www.econbiz.de/10005342177
adjusts for endogeneity by adopting a control function approach and presents a simple two-step estimator that exploits the …
Persistent link: https://www.econbiz.de/10005130190
We examine in this paper the role of an economy's social interaction structure, defined as a graph. Individuals care about the decisions of their neighbors. We extend the behavioral discrete-response rules along the lines of the interactive discrete choice model of Brock and Durlauf (2001) to...
Persistent link: https://www.econbiz.de/10005328995
Unlike previous studies on major choice of university students, this study considers a university's prestige in their choice of a major field. This study sets up an estimation model for a joint decision about where to go to university (prestigious or non-prestigious) and what major field to...
Persistent link: https://www.econbiz.de/10005086437
We describe a two-step algorithm for estimating dynamic games where the agents are assumed to play a Markov Perfect equilibrium. In the first step, the policy functions and the law of motion for the state variables are estimated. In the second step, the remaining structural parameters are...
Persistent link: https://www.econbiz.de/10005129809