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The persistent-transitory representation for earnings processes

Ejrnæs, Mette; Browning, Martin James - In: Quantitative economics : QE ; journal of the … 5 (2014) 3, pp. 555-581

Persistent link: https://www.econbiz.de/10011546614

Labor income profiles are not heterogeneous : evidence from income growth rates

Hryshko, Dmytro - In: Quantitative economics : QE ; journal of the … 3 (2012) 2, pp. 177-209

Persistent link: https://www.econbiz.de/10009611875

A note on the estimation of job amenities and labor productivity

Dupuy, Arnaud; Galichon, Alfred - In: Quantitative economics : QE ; journal of the … 13 (2022) 1, pp. 153-177

matching market based on the observation of equilibrium matches and wages. The estimation procedure simultaneously fits both …

Persistent link: https://www.econbiz.de/10012807745

Experience and worker flows

Gorry, Aspen - In: Quantitative economics : QE ; journal of the … 7 (2016) 1, pp. 225-255

Persistent link: https://www.econbiz.de/10011576905

Semiparametric estimation of the canonical permanent‐transitory model of earnings dynamics

Hu, Yingyao; Moffitt, Robert A.; Sasaki, Yuya - In: Quantitative economics : QE ; journal of the … 10 (2019) 4, pp. 1495-1536

This paper presents identification and estimation results for a flexible state space model. Our modification of the canonical model allows the permanent component to follow a unit root process and the transitory component to follow a semiparametric model of a higher‐order...

Persistent link: https://www.econbiz.de/10012202860

Labor income profiles are not heterogeneous : evidence from income growth rates

Hryshko, Dmytro - In: Quantitative economics : QE ; journal of the … 3 (2012) 2, pp. 177-209

Idiosyncratic labor incomes are typically modeled either by stochastic processes with heterogeneous income profiles (HIPs) or restricted income profiles (RIPs). The HIP assumes that individual labor income grows deterministically at an unobserved rate and contains a persistent but stationary...

Persistent link: https://www.econbiz.de/10011756817

The persistent–transitory representation for earnings processes

Ejrnæs, Mette; Browning, Martin James - In: Quantitative economics : QE ; journal of the … 5 (2014) 3, pp. 555-581

We consider the decomposition of shocks to a dynamic process into a persistent and a transitory component. Without additional assumptions (such as zero correlation) the decomposition of shocks into a persistent and transitory component is indeterminate. The assumption that is conventional in the...

Persistent link: https://www.econbiz.de/10011757285

Teacher labor markets, school vouchers, and student cognitive achievement : Evidence from Chile

Tincani, Michela M. - In: Quantitative economics : QE ; journal of the … 12 (2021) 1, pp. 173-216

the self-selection of individuals into teaching and across school sectors, and on teacher wages in private schools. I use … wages to teacher skills and introducing minimum competency requirements for teaching is predicted to increase student test … the pool of teachers, amplified by equilibrium effects on teacher wages in private schools. The equilibrium effects are …

Persistent link: https://www.econbiz.de/10012432837

Incidence, salience, and spillovers : the direct and indirect effects of tax credits on wages

Azmat, Ghazala - In: Quantitative economics : QE ; journal of the … 10 (2019) 1, pp. 239-273

wages. Unlike similar tax credit policies, this tax credit was paid through employers rather than directly to workers …, making it more salient to the employer. Using a novel identification strategy, we can separately identify the effect on wages … effect onto the wages of claimant and nonclaimant workers of 1.7 percent, which is approximately 8 percent of the tax credit …

Persistent link: https://www.econbiz.de/10011994858

Experience and worker flows

Gorry, Aspen - In: Quantitative economics : QE ; journal of the … 7 (2016) 1, pp. 225-255

This paper studies the role of worker learning in a labor market where workers have incomplete information about the quality of their employment match. The amount of information about the quality of a new match depends on a worker’s past job experience. Allowing workers to learn from...

Persistent link: https://www.econbiz.de/10011798979