We use spline interpolation to approximate the subjective cumulative distribution function ofan economic agent over the future realization of a continuous (possibly censored) randomvariable. The method proposed exploits information collected using a small number ofprobability questions on...

Using data on annual individual labor income from three representative panel datasets(German SOEP, British BHPS, Australian HILDA) we investigate a) the selectivity of itemnon-response (INR) and b) the impact of imputation as a prominent post-survey means tocope with this type of measurement...

This paper examines the impact of self-reported work limitation on the labour forceparticipation of the Australian working age population. Five consecutive waves of theHousehold, Income and Labour Dynamics in Australia (HILDA) Survey are used toinvestigate this relationship...

When students themselves enjoy large degrees of freedom in determining the duration oftheir studies, it results in a fairly large degree of interindividual variance in terms of time-todegree.This paper investigates individual time-to-degree in a model where studentsdetermine the optimum...

Empirical investigations with enterprise level data from official statistics often use the averagewage as a proxy variable for the qualification of the workforce, mostly due to the lack ofdetailed information on the qualification of the employees. This paper uses unique newlyavailable data for...

We use panel data on Mexican manufacturing plants to study the connection between plants´responses to changes in the economic environment and their contributions to aggregateproductivity growth in the period following the implementation of the North American TradeAgreement (NAFTA)...

In labor markets with worker and firm heterogeneity, the matching between firms and workersmay be assortative, meaning that the most productive workers and firms team up. Weinvestigate this with longitudinal population-wide matched employer-employee data fromPortugal...

This paper examines to what extent recent empirical evidence can collectively andsystematically substantiate the claim that entrepreneurship has important economic value.Hence, a systematic review is provided that answers the question: What is the contribution ofentrepreneurs to the economy in...

Within a structural model we explicitly allow for the trade orientation of companies to estimateproductivity dynamics within 4-digit UK manufacturing industries. We use the FAME data onUK companies over the period 1994-2003. Following Ackerberg et al. (2005) we adjust thealgorithm in Olley and...

We analyze a large stratified random sample of firms that provide us with measures ofperformance and each firm’s top manager’s perception of the severity of businessenvironment constraints faced by his/her firm. Unlike most existing studies that rely onexternal and aggregated proxy measures of...