Hajivassiliou, Vassilis; Ioannides, Yannis M. - London School of Economics and Political Science - 2006
ordered probit models with panel data from the Panel Study of Income Dynamics.We analyze a household’s propensity to be …, namely whether the household headis involuntarily overemployed, voluntarily employed, or involuntarily underemployed or … the basic theory of constrained behavior andthe interaction between liquidity constraints and exogenous constraints on …