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Simulating WTP values from random-coefficient models

Rischatsch, Maurus - 2009

Discrete Choice Experiments (DCEs) designed to estimate willingness-to-pay (WTP) values are very popular in health economics. With increased computation power and advanced simulation techniques, random-coefficient models have gained an increasing importance in applied work as they allow for...

Persistent link: https://www.econbiz.de/10010315509

How do income-support systems in the UK affect labour force participation?

Brewer, Mike - 2009

. Compared with the EU, the UK has high employment rates, but a high proportion of non-workers say that they are not working …

Persistent link: https://www.econbiz.de/10010273971

For some mothers more than others: How children matter for labour market outcomes when both fertility and female employment are low

Karbownik, Krzysztof; Myck, Michal - 2012

low female employment regime. Family size is instrumented using twinning and gender composition of the first two children …. Among families with at least one child we identify the average causal effect of an additional child on mother's employment … to be -7.1 percentage points. However, we find no effect of additional children on female employment among families with …

Persistent link: https://www.econbiz.de/10010321396

Envelope theorems for non-smooth and non-concave optimization

Clausen, Andrew; Strub, Carlo - 2012

We study general dynamic programming problems with continuous and discrete choices and general constraints. The value functions may have kinks arising (1) at indifference points between discrete choices and (2) at constraint boundaries. Nevertheless, we establish a general envelope theorem:...

Persistent link: https://www.econbiz.de/10010316853

Identification of models of the labor Market

French, Eric; Taber, Christopher - 2010

This chapter discusses identification of common selection models of the labor market. We start with the classic Roy model and show how it can be identified with exclusion restrictions. We then extend the argument to the generalized Roy model, treatment effect models, duration models, search...

Persistent link: https://www.econbiz.de/10010292202

A discrete choice model of dividend reinvestment plans: Classification and prediction

Boehm, Thomas P.; DeGennaro, Ramon P. - 2007

We study 852 companies with dividend reinvestment plans in 1999 matched by total assets to 852 companies without such plans. We use discrete choice methods to predict the classification of these companies. We interpret the misclassified companies as being likely to switch their plan status. That...

Persistent link: https://www.econbiz.de/10010292321

Valuation of Health Inputs and Convenience in New Products

Nordström, Jonas - 2013

The prevalence of illnesses related to the modern diet and a more sedentary lifestyle has increased markedly over the last few decades. There is therefore a need for effective strategies to promote health and to reduce the prevalence of diet-related diseases. In this paper, we study the...

Persistent link: https://www.econbiz.de/10013208636

The Dynamics of External Financing

Jansson, Joakim - 2000

A dynamic process underlying firms' discrete financial choices has previously been found, but without controlling for unobserved heterogeneity, this dependence can either be of a true nature or an effect of firm-specific characteristics that we cannot observe. This study extends previous...

Persistent link: https://www.econbiz.de/10010321743

Migration and Local Public Services

Dahlberg, Matz; Fredriksson, Peter - 2001

Using unique Swedish micro data we examine the impact of local public services on community choice. The choice of community is modeled as a choice between a discrete set of alternatives. The US literature has produced conflicting evidence with respect to the importance of local public services....

Persistent link: https://www.econbiz.de/10010321798

Gender differences in sickness absence and the gender division of family responsibilities

Angelov, Nikolay; Johansson, Per; Lindahl, Erica - 2013

This study investigates possible reasons for the gender difference in sickness absence. We estimate both short- and long-term effects of parenthood in a within-couple analysis based on the timing of parenthood. We find that after entering parenthood, women increase their sickness absence by...

Persistent link: https://www.econbiz.de/10010321137