Showing 1 - 7 of 7
We develop an equilibrium model of wages and estimate it using administrative data from Norway. Coworkers interact through a task-assignment model, and wages are determined through multi-lateral bargaining over the surplus that accrues to the workforce. Seniority affects wages through workplace...
Persistent link: https://www.econbiz.de/10003823593
This paper models the Self-Sufficiency Project (SSP), a controlled randomized experiment concerning welfare. The model of household behavior includes stochastic labor market skill, job opportunities, and value of non-labor market time. All the variation within and between treatment groups,...
Persistent link: https://www.econbiz.de/10003721636
Persistent link: https://www.econbiz.de/10001700732
Rust (1987) concludes that the data "clearly reject" the hypothesis that Harold Zurcher made bus replacement decisions using a monthly (and myopic) discount rate of 0 in favor of the factor 0.9999. The alternative model requires the nested fixed point algorithm developed in the paper which...
Persistent link: https://www.econbiz.de/10012662309
This paper discusses how to design, solve and estimate dynamic programming models using the open source package niqlow. Reasons are given for why such a package has not appeared earlier and why the object-oriented approach followed by niqlow seems essential. An example is followed that starts...
Persistent link: https://www.econbiz.de/10012243086
Persistent link: https://www.econbiz.de/10003318891
Based on a survey of graduating PhD students in the U.S., we study the determinants of location of their first jobs. We consider how locating in Canada versus the U.S. for all graduates is influenced by both their background and time-varying factors that affect international mobility. We also...
Persistent link: https://www.econbiz.de/10003795297