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This article renders an analysis of the impact of education on labour supply behaviour, particularly in terms of participation decision and the level of employment and unemployment of the active population in the labour market in Cameroon, through the nested logit model. Using data obtained from...
Persistent link: https://www.econbiz.de/10011108512
This article presents a method for valuing software based on the income that use of that software is expected to generate in the future. Well-known principles of intellectual property (IP) valuation, sales expectations, discounting to present value, and the like, are applied, always focusing on...
Persistent link: https://www.econbiz.de/10009643200
integral part of identification of a model, we provide a general characterization of the normalization. In consequence some the …
Persistent link: https://www.econbiz.de/10011260080
The paper aims at systematic placement of identification concept within Bayesian approach. Pointing to some … deficiencies of the standard Bayesian language to describe identification problem we propose several useful characterizations that … them. Moreover we introduce the concepts of uniform, marginal and faithful identification. We argue that all these concepts …
Persistent link: https://www.econbiz.de/10011112950
It has been argued that the deterministic frontier approach in inefficiency measurement has a major limitation as inefficiency is mixed with measurement error (statistical noise) in this approach. The result is that inefficiency is contaminated with noise. Later stochastic frontier approach...
Persistent link: https://www.econbiz.de/10011114275
This paper proposes a framework for demand estimation with data on bids, bidders' identities, and auction covariates from a sequence of eBay auctions. First the aspect of bidding in a marketplace environment is developed. Form the simple dynamic auction model with IPV and private bidding costs...
Persistent link: https://www.econbiz.de/10005121206
The effects of social transfers on individual participation and working hours are theoretically shown to differ for unitary and bargaining intrahousehold allocation models. This result is attributed to both the non-transferability of in-kind social transfers and differences in control of these...
Persistent link: https://www.econbiz.de/10005836653
Despite long working hours, for many household members, and especially women, underemployment is nevertheless affecting a large share of the population in many developing countries. Using data on time use, wages, and consumption levels from a recent household survey for Guinea, this paper...
Persistent link: https://www.econbiz.de/10005837052
Whether, and how much, increased commute costs decrease labor supply is important for transport policy, city growth, and business strategies. Yet empirical estimates are limited and biased downward due to endogenous choices of residences, workplaces, commute modes, and wages. We use the...
Persistent link: https://www.econbiz.de/10011258265
The current British Government's "Big Society" plan is based on the idea that granting more freedom to local communities and volunteers will compensate for a withdrawal of public agencies and spending. This idea is grounded on a widely held belief about the relationship between government and...
Persistent link: https://www.econbiz.de/10008873546