Using data from the first fourteen waves of the British Household Panel Survey, we estimate a discrete duration model … entry as well as unobserved heterogeneity. We find considerable duration dependence in region of residence in the raw data …

these transitions allows the identification of duration dependence in the job offer arrival rate and the wage offer … likelihood. The results show that the presence of significant negative duration dependence in the wage offer distribution causes … reservation wages to decrease. The rate at which job offers arrive is constant over the unemployment duration. These findings …

-mixed proportional-hazard approach with three durations: the waiting time until treatment, the untreated duration from the baseline, and … the treated duration from the treatment timing. To implement the proposal, we use semiparametric piecewise … subsidy effects on unemployment duration to find about 11.1 month reduction. …

negatively selected on unobservables. A beneficial (unemployment-duration reducing) causal effect of internet job search is …

-2004. We estimate duration models dealing with selection on unobservables. We use weighted exogenous sampling maximum …

the stock-sampling and the possible maximum duration for the transitions from unemployment, household care and disability … to employment. Then we decompose the difference in expected duration between the immigrant groups and the Dutch into the …

Contract law and the economics of contract have, for the most part, developed independently of each other. In this … essay, we briefly review the notion of a contract from the perspective of lawyer, and then use this framework to organize … the economics literature on contract. The title, Contracts between Legal Persons, limits the review to that part of …