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We model unemployment allowing workers to differ by comparative advantage in market work. Workers with comparative advantage are identified by who works more hours when employed. This enables us to test the model by grouping workers based on their long-term wages and hours from panel data. The...
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Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to entrepreneurship may decline with age, but business skills increase with experience in high level positions. Having too many older workers in society slows entrepreneurship. Older workers...
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enriched by using information collected from employees, even if only a few of them are surveyed per firm. Though variables … measured on the basis of the answers of very few employees per firm are subject to very important sampling errors, they can be …) surveyed employees. As an illustration in the second part of the paper, we consider the estimation of the relationship between …
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