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effect of a timing-chosen treatment on an event duration of interest does not hold. The main problem is that the … Statistical Society, Series B) that requires independence between the waiting duration until treatment and the event duration, but …
Persistent link: https://www.econbiz.de/10011559675
Do wealth shocks affect the health of the elderly in developed countries? The economic literature is skeptical about such effects which have so far only been found for poor retirees in poor countries. In this paper I show that wealth shocks also matter for the health of wealthy retirees in the...
Persistent link: https://www.econbiz.de/10010398236
Do wealth shocks affect the health of the elderly in developed countries? The economic literature is skeptical about such effects which have so far only been found for poor retirees in poor countries. In this paper I show that wealth shocks also matter for the health of wealthy retirees in the...
Persistent link: https://www.econbiz.de/10010884277
individuals' sleep time exhibits both variability and volatility characterized by stationary autoregressive conditional … young children at home. Volatility is greater among parents with young children, slightly greater among men than women, but … rates. Volatility in sleep spills over onto volatility in other personal activities, with no reverse causation onto sleep …
Persistent link: https://www.econbiz.de/10012882577
these transitions allows the identification of duration dependence in the job offer arrival rate and the wage offer … likelihood. The results show that the presence of significant negative duration dependence in the wage offer distribution causes … reservation wages to decrease. The rate at which job offers arrive is constant over the unemployment duration. These findings …
Persistent link: https://www.econbiz.de/10010262149
negatively selected on unobservables. A beneficial (unemployment-duration reducing) causal effect of internet job search is …
Persistent link: https://www.econbiz.de/10010262563
In this paper, we compile a unique historical dataset that records strike activity in the British engineering industry from 1920 to 1970. These data have the advantage of containing a fairly homogenous set of companies and workers, covering a long period with varying labour market conditions,...
Persistent link: https://www.econbiz.de/10010272753
What is the relationship between economic growth and its volatility? Does political instability affect growth directly … or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual … legislative changes) has an indirect (through volatility) negative impact. We also find preliminary support for the idea that …
Persistent link: https://www.econbiz.de/10010268236
de labor market volatility. This increased volatility is partially reverted when limitations in the duration and number … achieve similar volatility than fully deregulated labor markets. Flexibility at the margin produces a gap in separation costs … 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
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting …
Persistent link: https://www.econbiz.de/10010289981