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A Simple Solution to the Identification Problem in Detailed Wage Decompositions
Yun, Myeong-Su - 2003
Oaxaca and Ransom (1999) show that a detailed decomposition of the coefficients effect is destined to suffer from an identification problem since the detailed coefficients effect attributed to a dummy variable is not invariant to the choice of reference groups. It turns out that the...
Persistent link: https://www.econbiz.de/10010261567
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The life-cycle and the business-cycle of wage risk: a cross-country comparison
Bayer, Christian; Juessen, Falko - 2009
This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First, we find that household characteristics explain about...
Persistent link: https://www.econbiz.de/10010271322
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The Life-Cycle and the Business-Cycle of Wage Risk: A Cross-Country Comparison
Bayer, Christian; Juessen, Falko - Institute for the Study of Labor (IZA) - 2009
This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First, we find that household characteristics explain about...
Persistent link: https://www.econbiz.de/10005015462
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Macroeconomic Conditions and Health in Britain: Aggregation, Dynamics and Local Area Heterogeneity
Janke, Katharina; Lee, Kevin; Propper, Carol; Shields, … - 2020
. Chronic health conditions therefore increase in poor economic times. There is considerable spatial heterogeneity across local …
Persistent link: https://www.econbiz.de/10012207772
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New evidence on the effects of job creation schemes in Germany : a matching approach with threefold heterogeneity
Hujer, Reinhard; Caliendo, Marco; Thomsen, Stephan L. - 2003
justifies the application of a matching estimator but also allows to take account of threefold heterogeneity. The recently … heterogeneity. The results show considerable differences with respect to these sources of heterogeneity, but the overall finding is …
Persistent link: https://www.econbiz.de/10010276813
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New Evidence on the Effects of Job Creation Schemes in Germany – A Matching Approach with Threefold Heterogeneity
Hujer, Reinhard; Caliendo, Marco; Thomsen, Stephan - Institute for the Study of Labor (IZA) - 2003
justifies the application of a matching estimator but also allows to take account of threefold heterogeneity. The recently … heterogeneity. The results show considerable differences with respect to these sources of heterogeneity, but the overall finding is …
Persistent link: https://www.econbiz.de/10005762428
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Real Options Effects on Employment : Does Exchange Rate Uncertainty Matter for Aggregation?
Göcke, Matthias; Belke, Ansgar - 2004
exchange rate uncertainty. Based on this micro foundation an aggregation approach is presented. Under uncertainty, intervals of … where the aggregation of microeconomic real options effects under uncertainty are relevant, they may even be of a more …
Persistent link: https://www.econbiz.de/10010261879
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Aggregation in large dynamic panels
Pesaran, Mohammad Hashem; Chudik, Alexander - 2011
This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … Pesaran (2003), an optimal aggregate function is derived, and the limiting behavior of the aggregation error is investigated … which observed inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our …
Persistent link: https://www.econbiz.de/10010285520
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A Detailed Decomposition of Synthetic Cohort Analysis
Barr, Tavis; Lin, Carl - 2013
Social scientists are often interested in assessing relative changes between two groups over time, for example, the convergence of black-white wages from 1940 to 1990. In such situations, we need a control group for both treatment groups to remove biases resulting from time trends and unobserved...
Persistent link: https://www.econbiz.de/10010328999
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Are Sufficient Statistics Necessary? Nonparametric Measurement of Deadweight Loss from Unemployment Insurance
Lee, David S.; Leung, Pauline; O'Leary, Christopher J.; … - 2019
Central to the welfare analysis of income transfer programs is the deadweight loss associated with possible reforms. To aid analytical tractability, its measurement typically requires specifying a simplified model of behavior. We employ a complementary "decomposition" approach that compares the...
Persistent link: https://www.econbiz.de/10012005855