Showing 1 - 10 of 1,953
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting …
Persistent link: https://www.econbiz.de/10010289981
achieve similar volatility than fully deregulated labor markets. Flexibility at the margin produces a gap in separation costs … de labor market volatility. This increased volatility is partially reverted when limitations in the duration and number … explain the similar volatility observed in many regulated OECD labor markets with flexibility at the margin vis-à-vis the …
Persistent link: https://www.econbiz.de/10010276682
over time as a Geometric Brownian motion. A key result demonstrated is that how the economy responds to shocks, i …
Persistent link: https://www.econbiz.de/10010268688
Prediction Markets, sometimes referred to as information markets, idea futures or event futures, are markets where participants trade contracts whose payoffs are tied to a future event, thereby yielding prices that can be interpreted as market-aggregated forecasts. This article summarizes the...
Persistent link: https://www.econbiz.de/10010267475
Eating requires the food materials that make up meals and also time devoted to buying food, preparing meals and eating … them, and cleaning up afterwards. Using time-diary and expenditure data for the U.S. for 1985 and 2003, I examine how … income and time prices affect time and goods inputs into this household-produced commodity. Focusing on these two years …
Persistent link: https://www.econbiz.de/10010267333
Using the 2006-07 American Time Use Survey and its Eating and Health Module, I show that over half of adult Americans … report grazing (secondary eating/drinking) on a typical day, with grazing time almost equaling primary eating/drinking time …. An economic model predicts that higher wage rates (price of time) will lead to substitution of grazing for primary eating …
Persistent link: https://www.econbiz.de/10010274180
An early age at first marriage is known to be associated with a high risk of divorce. Yet it has been suggested that beyond a certain point, the relationship between age at marriage and marital instability may become positive, because as unmarried women begin to hear their biological clock tick,...
Persistent link: https://www.econbiz.de/10010332991
that time limits on receipt of Temporary Assistance for Needy Families have on female-headed family outcomes, including … welfare use, employment and living arrangements. The effects of time limits depend on the stock of remaining months of … eligibility, which in turn depends on the state time limit and on family's welfare use since the policy was implemented. Since the …
Persistent link: https://www.econbiz.de/10010289907
We examine the timing of firms' operations in a formal model of labor demand. Merging a variety of data sets from Portugal from 1995-2004, we describe temporal patterns of firms' demand for labor and estimate production-functions and relative labor-demand equations. The results demonstrate the...
Persistent link: https://www.econbiz.de/10010268971
This paper considers the problems facing decision makers using econometric models in real time. It identifies the key …
Persistent link: https://www.econbiz.de/10010276178