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generates discrete choice outcomes. Pregibit nests logit, approximately nests probit, loglog, cloglog and gosset models, and … yields a linear probability model that is solidly founded on the discrete choice framework that underlies logit and probit. …
Persistent link: https://www.econbiz.de/10009650606
treatment effect in nonlinear “difference-in-differences” models such as probit, logit or tobit, because the cross difference is …
Persistent link: https://www.econbiz.de/10005763552
, called betit, nests both logit and probit and allows for various skewed and peaked disturbance densities. Because the shape … paper considers asymptotic biases of the logit and probit models under conditions where betit should have been used. It also …
Persistent link: https://www.econbiz.de/10005566775
-Oaxaca decomposition analysis for wage differentials. The decomposition method is first developed for a single probit model and later …
Persistent link: https://www.econbiz.de/10005233781
It is commonly argued that labor market institutions such as employment protection worsen an economy’s performance and particularly so, if product markets become more competitive. Empirical evidence, however, has difficulties to detect a robust negative correlation between employment...
Persistent link: https://www.econbiz.de/10005566701
Innovation is key to technology adoption and creation, and to explaining the vast differences in productivity across and within countries. Despite the central role of the entrepreneur in the innovation process, data limitations have restricted standard analysis of the determinants of innovation...
Persistent link: https://www.econbiz.de/10005822994
This paper analyzes the mobility between self-employment, wage employment and non-employment. Using data for men in West Germany, we find strong true state dependence in all three states. Moreover, compared to wage employment, non-employment increases the probability of self-employment...
Persistent link: https://www.econbiz.de/10005822120
Discrete-choice models provide a simple way of representing utility-maximizing labor supply decisions in the presence of highly nonlinear and possibly non-convex budget constraints. Thus, it is not surprising that they are so extensively used for ex-ante evaluation of taxbenefit reforms. The...
Persistent link: https://www.econbiz.de/10005822130
Two particular features of the position of women in the British labour market are the extensive role of part-time work and the large part-time pay penalty. Part-time work features most prominently when women are in their 30s, the peak childcare years and, particularly for more educated women, a...
Persistent link: https://www.econbiz.de/10005822200
measure. A new econometric model, the Probit-Poisson-log-normal model with correlated errors, describes the data better than …
Persistent link: https://www.econbiz.de/10005822340