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Using samples from the National Longitudinal Survey of Youth (NLSY) and following a bivariate probit approach, the current study estimates the worker's employment probability equations in both cross-sectional and panel data frameworks. The study demonstrates that the employment of the worker,...
Persistent link: https://www.econbiz.de/10008488368
Using two samples from the 1979 National Longitudinal Survey of Youth (NLSY79), a longitudinal data set from the United States, and following a double selection approach, the current study estimates the worker's employment and wage equations simultaneously with positive attitude and optimism as...
Persistent link: https://www.econbiz.de/10010573942
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Following a bivariate probit approach and using the 1990 Public Use Microdata Samples (PUMS) for Los Angeles County, this study shows that the employment of teenage workers depends on both the worker's participation decision as well as the employer's hiring decision. Omission of the role of...
Persistent link: https://www.econbiz.de/10009210177
Following a two-stage bivariate probit approach, this study estimates local government and union job queues in a simultaneous equations framework. By relaxing the restrictive assumption of independence between the worker's queuing and the employer's hiring decisions, it overcomes a major...
Persistent link: https://www.econbiz.de/10009227050
Using Johnson's decomposition technique, this paper demonstrates that the disappearance of the gap between female and male unemployment rates in the United States during the last decade results partly from a general hiring policy that is favourable to women workers. This conclusion holds for...
Persistent link: https://www.econbiz.de/10009227945
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This study follows the standard bivariate decision theory of employment and proposes an alternative technique to estimate reservation wages of employed, unemployed and out-of-labor-force (OLF) workers. The validity of this approach is demonstrated by testing several reservation wage hypotheses...
Persistent link: https://www.econbiz.de/10005644262
The wage that a worker receives is observed only when he/she is employed. The employment of the worker, however, depends on two sequential decisions: the worker's decision to work and the employer's decision to hire. The wage sample, thus, is obtained through a double selection process....
Persistent link: https://www.econbiz.de/10009196103