Showing 1 - 10 of 47
Using administrative data from the state of Georgia, this paper finds that, on average, across all firms, employing undocumented workers reduces a firm’s hazard of exit by 19 percent. The advantage to firms from employing undocumented workers increases as more firms in the industry do so,...
Persistent link: https://www.econbiz.de/10010292229
This study investigates how well weekly Google search volumes track and predict bank failures in the United States between 2007 and 2012, contributing to the expanding literature that exploits internet data for the prediction of events. Different duration models with time-varying covariates are...
Persistent link: https://www.econbiz.de/10011420567
During the last decade several empirical studies have stressed the importance of norms and social interactions for explaining sickness absence behavior. In this context public discussions about the intentions of the insurance, and of the rights and duties of the receivers, may be important for...
Persistent link: https://www.econbiz.de/10010273934
Are multinational enterprises MNEs more likely than none-MNEs, owing to their footlose charater, to close down their plants? The results from using a panel o all Swedish manufacturing plants over the period 1993 and 2002 suggest that MNE plants, and in particular Swedish MNE plants, have higher...
Persistent link: https://www.econbiz.de/10012654325
We examine a new general class of hazard rate models for survival data, containing a parametric and a nonparametric component. Both can be a mix of a time effect and (possibly time-dependent) marker of covariate effects. A number of well-known models are special cases. In a counting process...
Persistent link: https://www.econbiz.de/10011695386
This article analyses the impact of the Programa Bolsa Família (PBF), Brazil's Conditional Cash Transfer Programme), by way of an income shock on the labour supply of beneficiaries as measured by probability of working and number of weekly hours worked by both men and women. Bolsa Família...
Persistent link: https://www.econbiz.de/10010293288
This paper presents a new estimator for the mixed proportional hazard model that allows for a nonparametric baseline hazard and time-varying regressors. In particular, this paper allows for discrete measurement of the durations as happens often in practice. The integrated baseline hazard and all...
Persistent link: https://www.econbiz.de/10010293475
test for a constant ambiguity attitude. Yet, among these 60% of subjects there is substantial preference heterogeneity. We … characterize this heterogeneity with finite-mixture estimates of a one-parameter extension of Expected Utility Theory wherein 48 … preference heterogeneity for these subjects. We show that for a substantial share of these subjects (43%) their fanning-in is so …
Persistent link: https://www.econbiz.de/10011420561
changes in heterogeneity, e.g. increased demand for skilled labor, are also analyzed. In the most reasonable setup, a change … in heterogeneity does not affect the decision whether to form a union or not. This contrasts with the result in Jun (1989). …
Persistent link: https://www.econbiz.de/10010321711
We use U.S. county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity …
Persistent link: https://www.econbiz.de/10010335973