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The Life-Cycle and the Business-Cycle of Wage Risk: A Cross-Country Comparison
Bayer, Christian; Juessen, Falko - Institute for the Study of Labor (IZA) - 2009
This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First, we find that household characteristics explain about...
Persistent link: https://www.econbiz.de/10005015462
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New Evidence on the Effects of Job Creation Schemes in Germany – A Matching Approach with Threefold Heterogeneity
Hujer, Reinhard; Caliendo, Marco; Thomsen, Stephan - Institute for the Study of Labor (IZA) - 2003
justifies the application of a matching estimator but also allows to take account of threefold heterogeneity. The recently … heterogeneity. The results show considerable differences with respect to these sources of heterogeneity, but the overall finding is …
Persistent link: https://www.econbiz.de/10005762428
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A Note on Decomposing Differences in Poverty Incidence Using Regression Estimates: Algorithm and Example
Bhaumik, Sumon Kumar; Gang, Ira N.; Yun, Myeong-Su - Institute for the Study of Labor (IZA) - 2006
This paper decomposes differences in poverty incidence (head count ratio) using estimates from a regression equation, synthesizing the approaches proposed in World Bank (2003) and Yun (2004). A significance test is developed for characteristics and coefficients effects when decomposing...
Persistent link: https://www.econbiz.de/10005233744
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Decomposing Differences in the First Moment
Yun, Myeong-Su - Institute for the Study of Labor (IZA) - 2003
We propose a simple methodology for decomposing differences in the first moment into characteristics and coefficients effects. This methodology provides a way to apply the Blinder-Oaxaca decomposition to a non-linear function for both aggregate and detailed decompositions.
Persistent link: https://www.econbiz.de/10005233909
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A Continuous Labour Supply Model in Microsimulation: A Life-Cycle Modelling Approach with Heterogeneity and Uncertainty Extension
Li, Jinjing; Sologon, Denisa Maria - Institute for the Study of Labor (IZA) - 2011
the inability to incorporate individual heterogeneity as every agent is sharing the same parameters of the utility … capturing individual heterogeneity. First, a "fixed effect vector decomposition" model, which allows the individual specific … random coefficient model, which incorporates a higher degree of individual heterogeneity by specifying individual …
Persistent link: https://www.econbiz.de/10009371875
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On the Dynamics of Interstate Migration: Migration Costs and Self-Selection
Bayer, Christian; Juessen, Falko - Institute for the Study of Labor (IZA) - 2008
This paper develops a tractable dynamic microeconomic model of migration decisions that is aggregated to describe the behavior of interregional migration. Our structural approach allows us to deal with dynamic self-selection problems that arise from the endogeneity of location choice and the...
Persistent link: https://www.econbiz.de/10005703095
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Electoral Rules and Politicians’ Behavior: A Micro Test
Gagliarducci, Stefano; Nannicini, Tommaso; Naticchioni, … - Institute for the Study of Labor (IZA) - 2008
Theory predicts that the majoritarian electoral system should produce more targeted redistribution and lower politicians’ rents than proportional representation. We test these predictions using micro data for the mixed-member Italian House of Representatives, which allow us to sidestep the...
Persistent link: https://www.econbiz.de/10005703268
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Revisiting Inter-Industry Wage Differentials and the Gender Wage Gap: An Identification Problem
Yun, Myeong-Su - Institute for the Study of Labor (IZA) - 2006
We propose a measure of the industrial gender wage gap which is free from an identification problem by using inter-industry wage differentials, or industrial wage premia. We draw on a recent literature showing that a normalized regression equation can be used to resolve the identification...
Persistent link: https://www.econbiz.de/10005703593
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Industry Wage Differentials Revisited: A Longitudinal Comparison of Germany and USA (1984-1996)
Haisken-DeNew, John P.; Schmidt, Christoph M. - Institute for the Study of Labor (IZA) - 1999
unobserved heterogeneity in the random effects panel estimations reduces the industry wage dispersion by about half. Thus …
Persistent link: https://www.econbiz.de/10005703674
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Evaluation of a Tax Reform: A Model with Measurement Error
Euwals, Rob - Institute for the Study of Labor (IZA) - 2006
Parts of the Dutch tax reform 2001 are directed towards fiscal partners in a household and aim at lowering the marginal tax burden of the partner with the lowest (potential) labour income. An important goal of the reform is to increase the employment rate of these partners, which are in majority...
Persistent link: https://www.econbiz.de/10005822339