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Real wages and the business cycles in Germany

Marczak, Martyna; Beissinger, Thomas - 2010

This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany. As detrending methods we apply the deterministic trend model, the Beveridge-Nelson decomposition, the Hodrick-Prescott filter, the Baxter-King filter and the structural time...

Persistent link: https://www.econbiz.de/10010274586

Generalized Selection Bias and the Decomposition of Wage Differentials

Yun, Myeong-Su - 1999

) when the two expectations are measured using the estimates from the joint estimation of the whole model (log-wages and …-wages, where the deterministic component is computed using the estimates from the joint estimation. That is, the GSB is the … expectation of the residuals estimated from the joint estimation. It is appropriate to apply the Blinder-Oaxaca decomposition …

Persistent link: https://www.econbiz.de/10010277288

Decomposition Analysis for a Binary Choice Model

Yun, Myeong-Su - 2000

This paper introduces a new and simple decomposition method for a binary choice model that is equivalent to the Blinder-Oaxaca decomposition analysis for wage differentials. The decomposition method is first developed for a single probit model and later generalized to a simultaneous equations...

Persistent link: https://www.econbiz.de/10010277290

Labor Market Prospects, Search Intensity and the Transition from College to Work

van Vuuren, Aico; van der Klaauw, Bas; Berkhout, Peter - 2004

. Our estimation results show that a 1 percent point decrease in unemployment rate increases wage offers with 3 percent …

Persistent link: https://www.econbiz.de/10010261923

Combining Micro and Macro Unemployment Duration Data

van den Berg, Gerard J.; van der Klaauw, Bas - 2000

. The distribution of the inflow composition is estimated along with the other parameters. The estimation method deals with …

Persistent link: https://www.econbiz.de/10010262334

Duration Dependence in the Exit Rate out of Unemployment in Belgium: Is It True or Spurious?

Cockx, Bart Leo Wim; Dejemeppe, Muriel - 2002

On the basis of aggregate data for the early nineties, we analyse the determinants of unemployment duration for laid-off male workers in Wallonia (Belgium). Our results demonstrate that if ranking in recruitment occurs, the standard Mixed Proportional Hazard specification can be too restrictive,...

Persistent link: https://www.econbiz.de/10010272729

Skill Upgrading and Rigid Relative Wages: The Case of Danish Manufacturing

Sørensen, Anders; Skaksen, Jan Rose - 2003

Relative wages have been remarkably rigid for the last two decades in Danish manufacturing despite large shifts in relative employment from unskilled labor towards skilled and educated labor. Assuming capital-skill complementarity and fixed relative wages as a consequence of labor market...

Persistent link: https://www.econbiz.de/10010272877

Individual mortality and macro-economic conditions from birth to death

Lindeboom, Maarten; Portrait, France; van den Berg, … - 2003

This paper analyzes the effects of macro-economic conditions throughout life on the individual mortality rate. We estimate flexible duration models where the individual?s mortality rate depends on current conditions, conditions earlier in life (notably during childhood), calendar time, age,...

Persistent link: https://www.econbiz.de/10010277285

Explaining the dynamics in perceptions of job insecurity in Russia

Lokshin, Michael; Gimpelson, Vladimir; Oshchepkov, Aleksey - 2012

Contrary to the experiences of other countries, perceptions of job insecurity in Russia were not correlated with the rates of unemployment and the business cycle over the last decade. We develop the theoretical framework that predicts that the individual perceptions of job insecurity depend on...

Persistent link: https://www.econbiz.de/10010282559

Re-employment probabilities over the business cycle

Imbens, Guido W.; Lynch, Lisa M. - 2006

Using a Cox proportional hazard model that allows for a flexible time dependence in order to incorporate business cycle effects, we analyze the determinants of reemployment probabilities of young workers in the U.S. from 1978-1989. We find considerable changes in the chances of young workers...

Persistent link: https://www.econbiz.de/10010268048

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