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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
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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
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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
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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
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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
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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
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The Heterogeneous Effects of Workforce Diversity on Productivity, Wages and Profits
Garnero, Andrea; Rycx, Francois - Institute for the Study of Labor (IZA) - 2013
We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using … econometric issues, show that educational (age) diversity is beneficial (harmful) for firm productivity and wages. The … industries. Overall, findings do not point to sizeable productivity-wage gaps except for age diversity. …
Persistent link: https://www.econbiz.de/10010990939
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Part-time Work, Wages and Productivity: Evidence from Belgian Matched Panel Data
Garnero, Andrea; Kampelmann, Stephan; Rycx, Francois - Institute for the Study of Labor (IZA) - 2013
between wage/productivity differentials and the firm's labor composition in terms of part-time and sex. Findings suggest that … lower wages for women, relatively higher productivity for part-timers). Interactions between gender and part-time suggest … that the positive productivity effect is driven by male part-timers working more than 25 hours, whereas the share of female …
Persistent link: https://www.econbiz.de/10010990941
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Research and Teaching in Higher Education: Complements or Substitutes?
Epstein, Gil S.; Menis, Joseph - Institute for the Study of Labor (IZA) - 2013
In this note we use unique data from Bar-Ilan University, over a period of four years (2005-2008), to estimate simultaneous equations with regard to the relationship between publications and teaching loads. The study shows that students studying for a bachelor's degree are a liability while PhD...
Persistent link: https://www.econbiz.de/10010884179
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The Impact of Educational Mismatch on Firm Productivity: Evidence from Linked Panel Data
Kampelmann, Stephan; Rycx, Francois - Institute for the Study of Labor (IZA) - 2012
We provide first evidence regarding the direct impact of educational mismatch on firm productivity. To do so, we rely … productivity, we find that: i) a higher level of required education exerts a significantly positive influence on firm productivity …, ii) additional years of over-education (both among young and older workers) are beneficial for firm productivity, and iii …
Persistent link: https://www.econbiz.de/10010884237