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Agriculture: Transition Buffer or Black Hole? A Three-State Model of Employment Dynamics
Voicu, Alexandru - Institute for the Study of Labor (IZA) - 2002
We analyze the effect of land reform legislation on labor market dynamics in the Romanian economy. We show that the agricultural sector, a source of precarious employment, has become an absorbing state for certain categories of workers who lost their jobs in the nonagricultural sector. A random...
Persistent link: https://www.econbiz.de/10005703700
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Employment Dynamics in the Romanian Labor Market. A Markov Chain Monte Carlo Approach
Voicu, Alexandru - Society for Computational Economics - SCE - 2002
Persistent link: https://www.econbiz.de/10005706587
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The Effect of Schooling and Ability on Achievement Test Scores
Hansen, Karsten T.; Heckman, James J.; Mullen, Kathleen J. - Institute for the Study of Labor (IZA) - 2003
This paper develops two methods for estimating the effect of schooling on achievement test scores that control for the endogeneity of schooling by postulating that both schooling and test scores are generated by a common unobserved latent ability. These methods are applied to data on schooling...
Persistent link: https://www.econbiz.de/10005822092
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State Dependence in a Multi-State Model of Employment Dynamics
Prowse, Victoria - Institute for the Study of Labor (IZA) - 2005
A multinomial choice framework is used to investigate the nature of women's transitions between full-time employment, part-time employment and non-employment. The stochastic framework allows time varying and time invariant unobserved preferences, and also controls for the possible endogeneity of...
Persistent link: https://www.econbiz.de/10005822151
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Analytical Prediction of Transitions Probabilities in the Conditional Logit Model
Bonin, Holger; Schneider, Hilmar - Institute for the Study of Labor (IZA) - 2004
the conditional logit model. The solution draws on the postestimation distribution of the model’s stochastic component …
Persistent link: https://www.econbiz.de/10005822654
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Econométrie de la concurrence entre produits différenciés : théorie et méthodes empiriques
Bonnet, C. - Département d'Économie et Sociologie Rurales, … - 2005
La concentration industrielle n'a cessé d'augmenter ces vingt dernières années. Cette concentration est présente autant chez les producteurs que chez les distributeurs. Par conséquent, analyser le pouvoir de marché est devenu primordial. La mesure du pouvoir de marché nécessite l'analyse...
Persistent link: https://www.econbiz.de/10005827739
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An Analysis of Own Account Trading by Dual Traders in Futures Markets: A Bayesian Approach.
Chakravarty, Sugato; Li, Kai - Krannert School of Management, Purdue University - 2000
Using an audit trail transaction data set compiled by the Commodity Futures Trading Commission (CFTC), we seek to ascertain directly the motives behind dual traders’ own account trading and whether or not they are informed traders. We estimate our system of equations on each of the 101 most...
Persistent link: https://www.econbiz.de/10005835346
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Latent Thresholds Analysis of Choice Data with Multiple Bids and Response Options
Moeltner, Klaus; Rollins, Kimberly S.; Kobayashi, Mimako - Economics Department, University of Nevada-Reno; … - 2010
In many stated preference settings stakeholders will be uncertain as to their exact willingness-to-pay for a proposed environmental amenity. To accommodate this possibility analysts have designed elicitation formats with multiple bids and response options that allow for the expression of...
Persistent link: https://www.econbiz.de/10008516758
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Market Response Analysis: The Demand System versus Non-Restricted Marketing Models
Wang, Tie - Econometric Society - 2004
There are different views on the specifications of market share models between economists and marketing researchers …. The paper made a multi-criteria comparison between the two well-known demand system models, the AIDS and Translog model … that are subject to the symmetry and homogeneity restrictions, and the two-market response models in which the symmetry and …
Persistent link: https://www.econbiz.de/10005130167
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Linking CGE and Microsimulation Models: A Comparison of Different Approaches
Colombo, Giulia - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
In the paper we describe in detail how to build linked CGE-microsimulation models (using fictitious data) following … the three models. Results show that all three approaches yield different results especially in terms of income … distribution and poverty, although analysed within the same economy and under the same policy simulation. We then analyse in more …
Persistent link: https://www.econbiz.de/10005098011