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the program. The literature uses linear probability models and (Cox) proportional hazard models to predict duration … outcomes. These either focus on one threshold duration or impose proportionality. In this paper we propose a nonparametric …
Persistent link: https://www.econbiz.de/10011391532
Persistent link: https://www.econbiz.de/10012239641
Since the early 1980s, the econometric analysis of duration variables has become widespread. This chapter provides an … overview of duration analysis, with an emphasis on the specification and identification of duration models, and with special … attention to models for multiple durations. Most of the chapter deals with so-called reduced-form duration models, notably the …
Persistent link: https://www.econbiz.de/10014024985
investigate the effects of benefits on unemployment duration. The administrative data used clearly pinpoints total unemployment … of benefits are stronger and more homogeneous when the maximum duration of unemployment insurance benefit is longer …
Persistent link: https://www.econbiz.de/10014193610
This paper builds on the Empirical Monte Carlo simulation approach developed by Huber et al. (2013) to study the estimation of Timing-of-Events (ToE) models. We exploit rich Swedish data of unemployed job-seekers with information on participation in a training program to simulate placebo...
Persistent link: https://www.econbiz.de/10012419545
This paper builds on the Empirical Monte Carlo simulation approach developed by Huber et al. (2013) to study the estimation of Timing-of-Events (ToE) models. We exploit rich Swedish data of unemployed job-seekers with information on participation in a training program to simulate placebo...
Persistent link: https://www.econbiz.de/10012390913
unemployment duration. It may very well be that dropping out, i.e. attrition, often occurs due to employment. In the analysis, we …
Persistent link: https://www.econbiz.de/10011571885
Persistent link: https://www.econbiz.de/10013399857
The paper analyses the potential impact of stock market developments on lending behaviour from different perspectives. First we scrutinize the impact of stock market movements on the banks’ and on the borrowers’ balance sheets. Subsequently we estimate aggregate credit supply and demand...
Persistent link: https://www.econbiz.de/10003342766
the conventional univariate Kaplan-Meier estimator for the hazard rate to multivariate right censored duration data and … finite sample properties and our implementation appears to be very fast. A small application to German unemployment duration … duration data. …
Persistent link: https://www.econbiz.de/10003527620