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This paper presents a new method to correct for measurement error in wage data and applies this method to address an old question. How much downward wage flexibility is there in the U.S? We apply standard methods developed by Bai and Perron (1998b) to identify structural breaks in time series...
Persistent link: https://www.econbiz.de/10010262069
the estimation methods discussed. …
Persistent link: https://www.econbiz.de/10010262370
that the same issues plague the estimation of monetary trade-offs regarding safety in other contexts. …
Persistent link: https://www.econbiz.de/10010270566
This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data …
Persistent link: https://www.econbiz.de/10010271244
omitted ability and family background variables interact in the estimation of returns. On the methodological front, we propose … a semi-parametric estimation approach based on balancing scores and mixture models, in particular allowing for …
Persistent link: https://www.econbiz.de/10010282167
I examine evidence on private sector union wage gaps in the U.S. The consensus opinion among labor economists of an average union premium of roughly 15 percent is called into question. Two forms of measurement error create a downward bias in standard wage gap estimates. Match bias results from...
Persistent link: https://www.econbiz.de/10010261534
We are the first to investigate longer-term effects of pharmacological treatment of ADHD on children's health. We rely on a difference-in-differences strategy while exploiting Danish register-based panel data for children born in 1990-1999. We study effects of treatment initiated between ages...
Persistent link: https://www.econbiz.de/10010287616
Our research addresses fundamental long-standing concerns in the compensating wage differentials literature and its public policy implications: the econometric properties of estimates of the value of statistical life (VSL) and the wide range of such estimates from about $0.5 million to about $21...
Persistent link: https://www.econbiz.de/10010277313
In this paper we evaluate the employment effects of job creation schemes on the participating individuals in Germany. Job creation schemes are a major element of active labour market policy in Germany and are targeted at long-term unemployed and other hard-to-place individuals. Access to very...
Persistent link: https://www.econbiz.de/10010262224
Most evaluation studies of active labour market policies (ALMP) focus on the microeconometric evaluation approach using … a first step to a complete evaluation which has to be followed by an analysis on the macroeconomic level. As a starting …
Persistent link: https://www.econbiz.de/10010262531