Showing 81 - 90 of 716,368
This paper puts focus on the hazard function of inter-trade durations to characterize the intraday trading process. It sheds light on the time varying trade intensity and, thus, on the liquidity of an asset and the informations channels which propagate price signals among asymmetrically informed...
Persistent link: https://www.econbiz.de/10011543945
sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …
Persistent link: https://www.econbiz.de/10011414725
sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …
Persistent link: https://www.econbiz.de/10011418245
multivariate duration models. …
Persistent link: https://www.econbiz.de/10011349195
sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …
Persistent link: https://www.econbiz.de/10011449662
abolished the dependence of unemployment insurance benefits on the elapsed unemployment duration and simultaneously introduced … additional active labor market policy measures. The estimated effect of the reform on the survival function of the duration of … unemployment duration is positive and significant. Neglecting selectivity leads to an underestimation of the effects in absolute …
Persistent link: https://www.econbiz.de/10011453442
This paper proposes a variant of a threshold stochastic conditional duration (TSCD) model for financial data at the … transaction level. It assumes that the innovations of the duration process follow a threshold distribution with a positive support … discrimination, we employ deviance information criteria, which does not depend on the number of model parameters directly. Duration …
Persistent link: https://www.econbiz.de/10012022077
This paper proposes a new bivariate competing risks model in which both durations are the first passage times of dependent Lévy subordinators with exponential thresholds and multiplicative covariates effects. Our specification extends the mixed proportional hazards model, as it allows for the...
Persistent link: https://www.econbiz.de/10012213979
In finance, durations between successive transactions are usually modelled by the autoregressive conditional duration …
Persistent link: https://www.econbiz.de/10011954223
We consider the problem of assessing the effects of a treatment on duration outcomes using data from a randomized … duration outcome, and noncompliance with the assigned treatment. Ignoring any of these issues could yield biased estimates of … duration. Our estimated bounds suggest that JC participation may increase the average duration of the last complete employment …
Persistent link: https://www.econbiz.de/10011924890