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Simplified Implementation of the Heckman Estimator of the Dynamic Probit Model and a Comparison with Alternative Estimators
Arulampalam, Wiji; Stewart, Mark - Institute for the Study of Labor (IZA) - 2007
This paper presents a convenient shortcut method for implementing the Heckman estimator of the dynamic random effects probit model using standard software. It then compares the three estimators proposed by Heckman, Orme and Wooldridge based on three alternative approximations, first in an...
Persistent link: https://www.econbiz.de/10005703243
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Charity Auctions: A Field Experimental Investigation
Carpenter, Jeffrey; Holmes, Jessica; Matthews, Peter Hans - Institute for the Study of Labor (IZA) - 2004
by the first price auction. Our design also allows us to identify differential participation as the source of the … empirically, about the properties of charity auctions. The small theoretical literature suggests that the all-pay auction should … garner more money than winner-pay auctions. We conduct field experiments to test which sealed bid format, first price, second …
Persistent link: https://www.econbiz.de/10005762357
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Market Design for Trading Commoditized Renewable Energy
Heshmati, Almas; Abolhosseini, Shahrouz - Institute for the Study of Labor (IZA) - 2014
Information and communication technology plays an important role in achieving a higher level of energy efficiency. In particular, energy efficiency can be achieved by integrating information technology into electricity networks to enable the interaction between suppliers and customers (smart...
Persistent link: https://www.econbiz.de/10010886132
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Recovery Performance of Primary Agriculture Credit Societies in India: An Assessment
Mazumder, Rabin; Chakravarty, Chandrasekhar; Bhandari, … - Institute for the Study of Labor (IZA) - 2014
society and inversely related with proportion of government capital to working capital and real growth rates at constant price …
Persistent link: https://www.econbiz.de/10011100176
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A Balancing Act at Times of Austerity: Matching the Supply and Demand for Skills in the Greek Labour Market
Pouliakas, Konstantinos - Institute for the Study of Labor (IZA) - 2014
This paper provides an evidence-based assessment of the current situation prevailing in the Greek market for skills and jobs. The synthesis of available skills intelligence for Greece, the country most severely affected by the global economic crisis of 2008, is crucial as it is currently faced...
Persistent link: https://www.econbiz.de/10010884076
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Steady-State Labor Supply Elasticities: A Survey
Bargain, Olivier; Peichl, Andreas - Institute for the Study of Labor (IZA) - 2013
Previous reviews of static labor supply estimations concentrate mainly on the evidence from the 1980s and 1990s, Anglo-Saxon countries and early generations of labor supply modeling. This paper provides a fresh characterization of steady-state labor supply elasticities for Western Europe and the...
Persistent link: https://www.econbiz.de/10010884275
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Structural Labor Supply Models and Wage Exogeneity
Loeffler, Max; Peichl, Andreas; Siegloch, Sebastian - Institute for the Study of Labor (IZA) - 2014
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in micro and macro estimates are recently attributed to frictions and adjustment costs, we show that relatively low labor supply elasticities derived from microeconometric models can also be...
Persistent link: https://www.econbiz.de/10010884371
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Policy Discontinuity and Duration Outcomes
den Berg, Gerard J. van; Bozio, Antoine; Costa Dias, Monica - Institute for the Study of Labor (IZA) - 2014
Causal effects of a policy change on hazard rates of a duration outcome variable are not identified from a comparison of spells before and after the policy change, if there is unobserved heterogeneity in the effects and no model structure is imposed. We develop a discontinuity approach that...
Persistent link: https://www.econbiz.de/10010959649
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Tax and Transfer Policies and the Female Labor Supply in the EU
Kaliskova, Klara - Institute for the Study of Labor (IZA) - 2015
This study contributes to the female labor supply responsiveness literature by measuring the effect of tax-benefit policies on female labor supply based on a broad sample of 26 European countries in 2005-2010. The tax-benefit microsimulation model EUROMOD is used to calculate a measure of work...
Persistent link: https://www.econbiz.de/10011214036
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Bayesian Procedures as a Numerical Tool for the Estimation of Dynamic Discrete Choice Models
Haan, Peter; Kemptner, Daniel; Uhlendorff, Arne - Institute for the Study of Labor (IZA) - 2012
Dynamic discrete choice models usually require a general specification of unobserved heterogeneity. In this paper, we apply Bayesian procedures as a numerical tool for the estimation of a female labor supply model based on a sample size which is typical for common household panels. We provide...
Persistent link: https://www.econbiz.de/10011279342