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Individual absolute risk aversion is measured for a sample of 1373 male household heads, using the 1995 wave of the Survey on the Income and Wealth of Italian households. This measure, conditional on financial and real wealth and household income, is used as an instrument for attained education...
Persistent link: https://www.econbiz.de/10001528987
We show why considering a number of education-dependent covariates in the wage equation decreases coefficient of education in the wage equation. We use a meta-analysis of results for Portugal to show, empirically, that this is the case. The coefficient decreases when we use covariates that can...
Persistent link: https://www.econbiz.de/10001597568
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In recent years a number of panel estimators have been suggested for sample selection models, where both the selection … females, using a panel of twelve years. All these estimators rely on the assumption of strict exogeneity of regressors in the … the estimation methods discussed. …
Persistent link: https://www.econbiz.de/10001502478
In this paper a new method to estimate the equivalence scale elasticity using individual panel data on income … cardinal individual welfare function has to be specified. In addition, panel data enables different scale use by the …
Persistent link: https://www.econbiz.de/10001567021
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collective agreements on working hours flexibility. In this paper I apply dynamic panel data models that allow for measurement … German Socio- Economic Panel 1988-1996. …
Persistent link: https://www.econbiz.de/10001658510
Persistent link: https://www.econbiz.de/10001471776
As in the U.S. and Canada, migration is a controversial issue in Europe. This paper explores the possibility that immigration policy may affect the labor market assimilation of immigrants and hence natives' sentiments towards immigrants. It first reviews the assimilation literature in economics...
Persistent link: https://www.econbiz.de/10001509797