probability sample, or it may be caused by self-selection in an internet survey. A contraction theorem from mathematical … demography is used to show that an initial bias can "fade-away" in later panel waves, if the transition laws in the observed … sample and the population are identical. Panel attrition is incorporated into the Markovian framework. Extensions to Markov …

analyzed trade-offs involving consumption smoothing and moral hazard. This paper shows how such policy can increase output by …The standard motivation for unemployment compensation is consumption smoothing and most papers in the literature have …. The paper undertakes an empiricallygrounded, normative analysis of this issue. The analysis also bears upon the wage …