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Concave-Monotone Treatment Response and Monotone Treatment Selection: With an Application to the Returns to Schooling

Okumura, Tsunao; Usui, Emiko - Institute for the Study of Labor (IZA) - 2010

This paper identifies sharp bounds on the mean treatment response and average treatment effect under the assumptions of both concave monotone treatment response (concave-MTR) and monotone treatment selection (MTS). We use our bounds and the US National Longitudinal Survey of Youth to estimate...

Persistent link: https://www.econbiz.de/10008530639

Simulation and Estimation of Hedonic Models

Heckman, James J.; Matzkin, Rosa; Nesheim, Lars - Institute for the Study of Labor (IZA) - 2003

Making use of restrictions imposed by equilibrium, theoretical progress has been made on the nonparametric and semiparametric estimation and identification of scalar additive hedonic models (Ekeland, Heckman, and Nesheim, 2002) and scalar nonadditive hedonic models (Heckman, Matzkin, and...

Persistent link: https://www.econbiz.de/10005703578

The Exhaustion of Unemployment Benefits in Belgium: Does it Enhance the Probability of Employment?

Cockx, Bart; Ries, Jean - Institute for the Study of Labor (IZA) - 2004

In Belgium unemployment insurance benefits can only exhaust for one category of workers: partners of workers with (replacement) labour income (mostly women) may loose their entitlement after an unemployment duration ranging from two to eight years, depending on individual characteristics. We...

Persistent link: https://www.econbiz.de/10005703791

Framing Effects in an Employee Savings Scheme: A Non-Parametric Analysis

Kooreman, Peter; Melenberg, Bertrand; Prast, Henriëtte M. - Institute for the Study of Labor (IZA) - 2013

Studies have found evidence that seemingly irrelevant details of an income component such as its label have an effect on how it is used. Using a data set with more than one million employee-month observations, we investigate the role of functional form assumptions and time aggregation in the...

Persistent link: https://www.econbiz.de/10010604672

Forecasting Time Series Subject to Multiple Structural Breaks

Pesaran, M. Hashem; Pettenuzzo, Davide; Timmermann, Allan - Institute for the Study of Labor (IZA) - 2004

This paper provides a novel approach to forecasting time series subject to discrete structural breaks. We propose a Bayesian estimation and prediction procedure that allows for the possibility of new breaks over the forecast horizon, taking account of the size and duration of past breaks (if...

Persistent link: https://www.econbiz.de/10005763710

Assessing Forecast Uncertainties in a VECX Model for Switzerland: An Exercise in Forecast Combination across Models and Observation Windows

Assenmacher, Katrin; Pesaran, M. Hashem - Institute for the Study of Labor (IZA) - 2007

We investigate the effect of forecast uncertainty in a cointegrating vector error correction model for Switzerland. Forecast uncertainty is evaluated in three different dimensions. First, we investigate the effect on forecasting performance of averaging over forecasts from different models....

Persistent link: https://www.econbiz.de/10005700993

Will You Still Need Me – When I'm 64?

Ours, Jan C. van - Institute for the Study of Labor (IZA) - 2009

For various reasons the relationship between age and productivity is a matter of policy concern. I present new … empirical research showing how productivity is affected by age. I study age effects at the individual level by analyzing data on … between age, wage and productivity. In particular I address the potential wage-productivity gap that might occur at higher …

Persistent link: https://www.econbiz.de/10004969324

Do Expenditures Other Than Instructional Expenditures Affect Graduation and Persistence Rates in American Higher Education?

Webber, Douglas A.; Ehrenberg, Ronald G. - Institute for the Study of Labor (IZA) - 2009

Median instructional spending per full-time equivalent (FTE) student at American colleges and universities has grown at a slower rate the median spending per FTE in a number of other expenditure categories during the last two decades. We use institutional level panel data and a variety of...

Persistent link: https://www.econbiz.de/10004976898

The Value of Hiring through Referrals

Burks, Stephen V.; Cowgill, Bo; Hoffman, Mitchell; … - Institute for the Study of Labor (IZA) - 2013

model, we use novel and detailed productivity and survey data from nine large firms in three industries: call … profits per worker and the difference is driven by referrals from high productivity workers. …

Persistent link: https://www.econbiz.de/10011128036

Ageing and Productivity: Introduction

Bloom, David E.; Sousa-Poza, Alfonso - Institute for the Study of Labor (IZA) - 2013

concerns about labor productivity and about economic outcomes at both the individual, enterprise, and macro levels. The …, workforce productivity, and economic performance. Taken as a whole, the articles dispel some of the concerns, sharpen our …

Persistent link: https://www.econbiz.de/10011096064