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Empirical studies on the relationship between income and happiness commonly use standard ordered response models, the most well-known representatives being the ordered logit and the ordered probit. However, these models restrict the marginal probability effects by design, and therefore limit the...
Persistent link: https://www.econbiz.de/10005703632
This paper addresses the estimation of a semiparametric sample selection index model where both the selection rule and the outcome variable are binary. Since the marginal effects are often of primary interest and are difficult to recover in a semiparametric setting, we develop estimators for...
Persistent link: https://www.econbiz.de/10009325416
We argue that using wage data alone, it is virtually impossible to identify whether Assortative Matching between worker and firm types is positive or negative. In standard competitive matching models the wages are determined by the marginal contribution of a worker, and the marginal contribution...
Persistent link: https://www.econbiz.de/10005763910
This paper examines how Frisch labor supplies, and other structural components of the intertemporal model of labor supply, can be recovered from estimates obtained with the approach developed by Heckman and MaCurdy.
Persistent link: https://www.econbiz.de/10005566430
that, even if domestic labor supplies are not observed, valid welfare comparisons are possible. This identification result …
Persistent link: https://www.econbiz.de/10005566507
Economic conditions such as convexity, homogeneity, homotheticity, and monotonicity are all important assumptions or consequences of assumptions of economic functionals to be estimated. Recent research has seen a renewed interest in imposing constraints in nonparametric regression. We survey the...
Persistent link: https://www.econbiz.de/10005566769
We present a new and simple empirical methodology to identify relative wage rigidity dynamics. The methodology is applied to data from the Polish Labour Force Survey for the period 1994 to 1998. We estimate ceteris paribus in relative wage and unemployment differentials for various labour market...
Persistent link: https://www.econbiz.de/10005566778
use different identification strategies. Three identification strategies that are currently in use rely on: identical … quality of each identification procedure; and (iii) get at better perspective about intergenerational effects of education. We … find that the three identification strategies all produce intergenerational schooling estimates that are lower than the …
Persistent link: https://www.econbiz.de/10005761668
Switzerland, traditionally a ‘zero unemployment’ economy, has seen an unprecedented rise in joblessness in the 1990s although unemployment fell again to a rather low level after 1997. This paper tests whether Switzerland experienced a negative relative net demand shock against the low...
Persistent link: https://www.econbiz.de/10005761695
Labor market programs may affect unemployed individuals' behavior before they enroll. Such ex ante effects are hard to identify without model assumptions. We develop a novel method that relates self-reported perceived treatment rates and job-search behavioral outcomes, like the reservation wage,...
Persistent link: https://www.econbiz.de/10005761837