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Due to technological progress, recent performance is often more informative about future performance prospects than is older performance. We incorporate information decay in a career concern model in which performance depends on type and effort and contract renewal is based on the performance...
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This paper examines the persistence and long-term impacts of early labor force experiences. The paper reports a rise in employment rates for a cohort of young men as they age, but points out that those persons with poor employment records early have comparatively poor records later. In order to...
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This paper proposes a new econometric estimation method for analyzing the probability of leaving unemployment using uncompleted spells from repeated cross-section data, which can be especially useful when panel data are not available. The proposed method-of-moments-based estimator has two...
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-term contracts. Since then most accessions to employment have been through fixed-term contracts. This paper studies the duration … share of fixed-term employment is the highest in Europe. We estimate a duration model for temporary employment, with … competing risks of terminating into permanent employment versus alternative states, and flexible duration dependence. We find …
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more dynamic. This paper studies the possible implications of such reforms for the duration distribution of unemployment. I … estimate a parametric duration model using cross-sectional data drawn from the Spanish Labor Force Survey from 1980 to 1994 to …
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