Showing 1 - 10 of 111
During the last two decades, the discrete-choice modelling of labour supply decisions has become increasingly popular, starting with Aaberge et al. (1995) and van Soest (1995). Within the literature adopting this approach there are however two potentially important issues that are worthwhile...
Persistent link: https://www.econbiz.de/10003283433
This paper provides a new way of analyzing tenure profiles in wages, by modelling simultaneously the evolution of wages and the distribution of tenures. We develop a theoretical model based on efficient bargaining, where both log outside wage and log wage in the current job follow a random walk,...
Persistent link: https://www.econbiz.de/10003338779
This papers describes an estimator for a standard state-space model with coefficients generated by a random walk that is statistically superior to the Kalman filter as applied to this particular class of models. Two closely related estimators for the variances are introduced: A maximum...
Persistent link: https://www.econbiz.de/10003297704
A substantial and rapidly growing literature has developed around estimating earnings gains from two-year college degrees using administrative data. These papers almost universally employ a person-level fixed effects strategy to estimate earnings premia net of fixed attributes. We note that the...
Persistent link: https://www.econbiz.de/10011947726
This paper describes a moments estimator for a standard state-space model with coefficients generated by a random walk. A penalized least squares estimation is linked to the GLS (Aitken) estimates of the corresponding linear model with time-invariant parameters. The VC estimates are moments...
Persistent link: https://www.econbiz.de/10012161405
Across many disciplines, the fixed effects estimator of linear panel data models is the default method to estimate causal effects with nonexperimental data that are not confounded by time-invariant, unit-specific heterogeneity. One feature of the fixed effects estimator, however, is often...
Persistent link: https://www.econbiz.de/10014286978
This paper examines the impact of mobility restrictions on educational performance in the West Bank over 2000-2006 during the Israeli-Palestinian conflict. This conflict is characterized by a system of mobility restrictions enforced through physical barriers such as checkpoints. Using novel data...
Persistent link: https://www.econbiz.de/10012259298
the pandemic, but surprisingly little is known on whether these shutdowns turned into permanent closures and whether small … businesses were disproportionately hit. This paper provides the first analysis of permanent business closures using confidential … Fee Administration. We find large increases in closures rates in the first two quarters of 2020, but a strong reversal of …
Persistent link: https://www.econbiz.de/10013329545
Researchers have focused on the contemporaneous relationship between cigarette taxes and smoking, while the longer-run effects of cigarette taxes have received little attention. Using individual-level panel data from 1970-2017, we estimate the effects of cigarette taxes experienced as a teenager...
Persistent link: https://www.econbiz.de/10012214283
Electrification among American farm households increased from less than 10 percent to nearly 100 percent over a three decade span, 1930{1960. We exploit the historical rollout of the U.S. power grid to study the short- and long-run impacts of rural electrification on local economies. In the...
Persistent link: https://www.econbiz.de/10011785614