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The flexibilisation of the markers of goods and services conduces to an existence of untypical forms of unemployment and labour contracts. The labour market responses on the low economic growth and uncertainty with the increasing number of part-time employment, lime-limited labour contract and...
Persistent link: https://www.econbiz.de/10011315857
the one hand, lower reservation wages reduce unemployment duration, but on the other hand, agents have shorter spells of … search theory slightly change. Namely, the dispersion in the left tail of the wage distribution reduces reservation wage and …
Persistent link: https://www.econbiz.de/10009450193
ofincidence and duration and find that most variables have the same effect on both.Unemployment is concentrated among relatively … well-educated first time job seekerswho come from the middle classes. Mean duration of unemployment is close to fouryears …
Persistent link: https://www.econbiz.de/10009441517
In this paper, we compile a unique historical dataset that records strike activity in theBritish engineering industry from 1920 to 1970. These data have the advantage ofcontaining a fairly homogenous set of companies and workers, covering a long periodwith varying labour market conditions,...
Persistent link: https://www.econbiz.de/10009465834
Duration is an important and well-established risk characteristic for fixed income securities. We use recent … developments in financial statement analysis research to construct a measure of duration for equity securities. We find that the … volatility and stock beta are both positively correlated with equity duration. Moreover, estimates of common shocks to expected …
Persistent link: https://www.econbiz.de/10009477256
We reconsider the efficiency bound for the semi-parametric Mixed Proportional Hazard (MPH) model with parametric baseline hazard and regression function. This bound was first derived by Hahn (1994). One of his results is that if the baseline hazard is Weibull, the efficiency bound is singular,...
Persistent link: https://www.econbiz.de/10009447225
Count data with excess zeros relative to a Poisson distribution are common in many biomedical applications. A popular approach to the analysis of such data is to use a zero-inflated Poisson (ZIP) regression model. Often, because of the hierarchical Study design or the data collection procedure,...
Persistent link: https://www.econbiz.de/10009448821
einer duration-basierten Analyse ermitteln. Die ökonomischen Konsequenzen werden auf der Grundlage der Arbitragetheorie …
Persistent link: https://www.econbiz.de/10009452486
Durland and McCurdy [Durland, J.M., McCurdy, T.H., 1994. Duration-dependent transitions in a Markov model of US GNP … growth. Journal of Business and Economic Statistics 12, 279?288] investigated the issue of duration dependence in US business … Economic Statistics 12, 299?308]. In Durland and McCurdy?s model duration alone was used as an explanatory variable of the …
Persistent link: https://www.econbiz.de/10009483399
Identifying locations that are part of the LAU2 two types of clusters HH and LL which indicates similarities in the level of unemployment registered, with the same tendency level indicator in neighbourhood values is achieved by spatial statistical analysis method Local Indicators of Spatial...
Persistent link: https://www.econbiz.de/10011316265