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between race/ethnicity, education, and fertility. We use panel data that capture women's labor market and fertility histories … decisions. Our results show an intricate connection between race/ethnicity, education, and fertility as determinants of women …'s life-cycle labor supply. For all levels of education, white women have fewer children, have the first birth later in life …
Persistent link: https://www.econbiz.de/10009307505
Due to the recent financial crisis, the interest in econometric models that allow to incorporate binary variables (such as the occurrence of a crisis) experienced a huge surge. This paper evaluates the performance of the Qual VAR, i.e. a VAR model including a latent variable that governs the...
Persistent link: https://www.econbiz.de/10010291571
Due to the recent financial crisis, the interest in econometric models that allow to incorporate binary variables (such as the occurrence of a crisis) experienced a huge surge. This paper evaluates the performance of the Qual VAR, i.e. a VAR model including a latent variable that governs the...
Persistent link: https://www.econbiz.de/10010857332
This paper presents Bayesian methodology for the estimation of a bivariate probit model with an endogenous effect and … the probability of each effect being null, linear or strictly nonlinear. Variable selection from the linear exogenous …
Persistent link: https://www.econbiz.de/10005702572
called fractional multinomial logit model - which allows for joint estimation of shares while accounting for their fractional …
Persistent link: https://www.econbiz.de/10010426240
We conduct an extensive Monte Carlo experiment to examine the finite samples properties of maximum likelihood based inference in the bivariate probit model with endogenous dummy. We analyse the relative performance of alternative exogeneity tests, the impact of distributional misspecification...
Persistent link: https://www.econbiz.de/10012734261
selection are provided. Monte Carlo simulations show that, in large samples, the proposed estimator has a smaller bias and a …
Persistent link: https://www.econbiz.de/10012804937
This paper studies the labour force participation dynamics of older couples in the United States. Longitudinal data from the five available waves of the Health and Retirement Study (HRS) is used to investigate if the dynamics introduced by considering both spouses' behavior provide additional...
Persistent link: https://www.econbiz.de/10013319821
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/10013320125
individuals' ability to adjust to labor market transformations. Sequential employment decisions made by individuals are modeled as …
Persistent link: https://www.econbiz.de/10013320650