Download or read book New Methods for Analyzing Structural Models of Labor Force Dynamics written by Christopher J. Flinn and published by . This book was released on 1981 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper takes a first step toward developing econometric models for the structural analysis of labor force dynamics. Our analysis is presented in continuous time, although most of the points raised here can be applied to discrete time models. We show that in previous attempts to estimate "structural" models of job search, a key source of information necessary to identify certain structural parameters has been neglected. We discuss the conditions under which structural search models can be estimated. In particular, the wage offer distribution must be recoverable -- i.e., it must be the case that the parameters of the untruncated wage offer distribution be estimable from the truncated accepted wage distribution. The wage offer distribution must be assumed to belong to a parametric family. Estimates of structural parameters are shown to be sensitive to the distributional assumption made. A partial equilibrium two state model of employment dynamics is estimated, using data from the National Longitudinal Survey of Young Men. We find employment and nonemployment rates implied by the structural parameter estimates to be generally consistent with those observed for the population of young males

Download or read book Models for the Analysis of Labor Force Dynamics written by Christopher J. Flinn and published by . This book was released on 1982 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents new econometric methods for the empirical analysis of individual labor market histories. The techniques developed here extend previous work on continuous time models in four ways: (1) A structural economic interpretation of these models is presented. (2) Time varying explanatory variables are introduced into the analysis in a general way. (3) Unobserved heterogeneity components are permitted to be correlated across spells. (4) A flexible model of duration dependence is presented that accommodates many previous models as a special case and that permits tests among competing specifications within a unified framework. We contrast our methods with more conventional discrete time and regression procedures. The parameters of continuous time models are in- variant to the sampling time unit used to record observations. Problems plague the regression approach to analyzing duration data which do not plague the likelihood approach advocated in this paper. The regression approach cannot be readily adopted to accommodate time varying explanatory variables. The functional forms of regression functions depend on the time paths of the explanatory variables. Ad hoc solutions to this problem can make exogenous variables endogenous to the model and so can induce simultaneous equations bias. Two sets of empirical results are presented. A major conclusion of the first analysis is that the discrete time Markov model widely used in labor market analysis is inconsistent with the data. The second set of empirical results is a test of the hypothesis that "unemployment" and "out of the labor force" are behaviorally different labor market states. Contrary to recent claims, we find that they are separate states for our sample of young men

Download or read book Empirical Methods for the Study of Labour Force Dynamics written by Kenneth Wolpin and published by Routledge. This book was released on 2013-10-11 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last twenty years there has been an explosion of economic research on labor force dynamics; the movement of individuals between labor force states. This book focuses on the methods by which behavioral theories of labor force dynamics have been empirically implemented. Most attention is paid to the partial equilibrium two-state transitional model of job search behavior. That model is the foundation for much of our thinking about the nature of unemployment at both the individual and aggregate levels. Although the basic formulation has remained the same, approaches to the empirical implementation of such models has changed dramatically.

Download or read book Empirical Methods for the Study of Labor Force Dynamics written by Kenneth I. Wolpin and published by Psychology Press. This book was released on 2001 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last twenty years there has been an explosion of economic research on labour force dynamics. This book focuses on the methods by which behavioural theories of labour force dynamics have been empirically implemented.

Download or read book New Methods for Analyzing Structural Models of Labor Force Dynamics written by Christopher J. Flinn and published by . This book was released on 1981 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Structural Models of Wage and Employment Dynamics written by Henning Bunzel and published by Emerald Group Publishing. This book was released on 2006-03-30 with total page 613 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected papers from a conference held in honour of Professor Dale T. Mortensen upon the occasion of his 65th birthday. It includes papers on some of Professor Dale T. Mortensen's current research topics, as well as additional theoretical papers, and micro- and macro-econometric papers.

Download or read book Analyzing the Labor Force written by Clifford C. Clogg and published by Springer Science & Business Media. This book was released on 2001-12-31 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the passing of Clifford Collier Clogg at the age of 45 on May 7th 1995, the world lost a talented sociologist, demographer, and statistician all at once. In addition to being a considerable talent in each of these three disciplines, and perhaps more importantly, Cliff was the type of person who brought to gether diverse elements and scholars from all three. Cliff was also a consum mate mentor, nurturing ideas and students and always striving to bring out the best in both. Perhaps nothing illustrates the stature, impact, and respect others held for Cliff more than the fact that never before-and never since has an individual been honored at the time of his death with ceremonies from the national associations of all three of these disciplines. The purpose of this book is to introduce to a broad constituency of social scientists and their students some of the basic ideas in the study of the labor force that Cliff and his colleagues had grappled with. At the time of Cliff's death, he was perhaps better known for his methodological contributions to sociology and demography than he was for his substantive contributions to the study of social stratification and the labor force. Our goal is to highlight Cliff's substantive contributions to sociology and demography by telling the cumulative story of his research and adding updated analysis that advances the story beyond the early 1980s to the mid-1990s.

Download or read book Handbook of Experimental Economic Methodology written by Guillaume R. Fréchette and published by . This book was released on 2015 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Experimental Economic Methodology, edited by Guillaume R. Fr chette and Andrew Schotter, aims to confront and debate the issues faced by the growing field of experimental economics. For example, as experimental work attempts to test theory, it raises questions about the proper relationship between theory and experiments. As experimental results are used to inform policy, the utility of these results outside the lab is questioned, and finally, as experimental economics tries to integrate ideas from other disciplines like psychology and neuroscience, the question of their proper place in the discipline of economics becomes less clear. This book contains papers written by some of the most accomplished scholars working at the intersection of experimental, behavioral, and theoretical economics talking about methodology. It is divided into four sections, each of which features a set of papers and a set of comments on those papers. The intention of the volume is to offer a place where ideas about methodology could be discussed and even argued. Some of the papers are contentious---a healthy sign of a dynamic discipline---while others lay out a vision for how the authors think experimental economics should be pursued. This exciting and illuminating collection of papers brings light to a topic at the core of experimental economics. Researchers from a broad range of fields will benefit from the exploration of these important questions.

Download or read book Family Household And Work written by Klaus F. Zimmermann and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decades the appearance of a family has changed substantially. Not long ago a typical family consisted of an employed man and a home-managing woman living together for their whole life times, and having one or more children, which primarily were raised by the wife. Today differing living models are much more common than before. House husbands, late motherhood, and a delayed work entry of the children are some of the related phenomena, which at the same time are reasons for and consequences of the changed view on the favorite family. Not surprisingly, this change has provoked much scientific interest. In this book we present a collection of recent economic research work on the resources management and development of families and households respectively. Assorting three general topics, we focus on the time allocation within the household, the family structure and development, and the transition to work of young adults.

Download or read book Labour Migration written by James H. Johnson and published by Routledge. This book was released on 2018-12-07 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1990. This edited work brings together a collection of studies, by an international team of contributors, on inter-urban migration, which is largely dominated by labour migration. The structure of the book reflects the interaction of the supply and demand of labour and the information flows that make this possible. The book offers a multi-dimensional analysis of labour migration, including behavioural, economic and institutional approaches. It combines various scales of analysis, including the national scale, the occupational scale and the household scale. The study also examines labour migration in a variety of national contexts. It will be of particular value to professional geographers, economists and sociologists with an interest in the distribution of population and the labour force, planners with responsibility for the development of policy and some final year graduate students.

Download or read book Social and Economic Networks written by Matthew O. Jackson and published by Princeton University Press. This book was released on 2010-11-01 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: Networks of relationships help determine the careers that people choose, the jobs they obtain, the products they buy, and how they vote. The many aspects of our lives that are governed by social networks make it critical to understand how they impact behavior, which network structures are likely to emerge in a society, and why we organize ourselves as we do. In Social and Economic Networks, Matthew Jackson offers a comprehensive introduction to social and economic networks, drawing on the latest findings in economics, sociology, computer science, physics, and mathematics. He provides empirical background on networks and the regularities that they exhibit, and discusses random graph-based models and strategic models of network formation. He helps readers to understand behavior in networked societies, with a detailed analysis of learning and diffusion in networks, decision making by individuals who are influenced by their social neighbors, game theory and markets on networks, and a host of related subjects. Jackson also describes the varied statistical and modeling techniques used to analyze social networks. Each chapter includes exercises to aid students in their analysis of how networks function. This book is an indispensable resource for students and researchers in economics, mathematics, physics, sociology, and business.

Download or read book Econometrics written by John Eatwell and published by Springer. This book was released on 1990-02-23 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an excerpt from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This extract concentrates on econometrics.

Download or read book Applied Econometrics written by Chia-Lin Chang and published by MDPI. This book was released on 2019-05-13 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the theme of the monograph is primarily related to “Applied Econometrics”, there are several theoretical contributions that are associated with empirical examples, or directions in which the novel theoretical ideas might be applied. The monograph is associated with significant and novel contributions in theoretical and applied econometrics; economics; theoretical and applied financial econometrics; quantitative finance; risk; financial modeling; portfolio management; optimal hedging strategies; theoretical and applied statistics; applied time series analysis; forecasting; applied mathematics; energy economics; energy finance; tourism research; tourism finance; agricultural economics; informatics; data mining; bibliometrics; and international rankings of journals and academics.

Download or read book Job Search by Employed Workers written by Avner Bar-Ilan and published by World Bank Publications. This book was released on 1993 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Theory and Practice of Econometrics written by George G. Judge and published by John Wiley & Sons. This book was released on 1991-01-16 with total page 1062 pages. Available in PDF, EPUB and Kindle. Book excerpt: This broadly based graduate-level textbook covers the major models and statistical tools currently used in the practice of econometrics. It examines the classical, the decision theory, and the Bayesian approaches, and contains material on single equation and simultaneous equation econometric models. Includes an extensive reference list for each topic.

Download or read book The Lifetime of a Durable Good written by G. Antonides and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a psychologist by education, my interest is in how people solve problems. At the Economic Institute of Leyden Universi ty, I learned that economists study human behavior too, although their studies are limited to economic affairs. At the Institute of Scientific Research on Consumer Affairs became (SWOKA), I aware of the needs of consumer organizations and the government for consumer research to base their policy on. At Erasmus University Rotterdam, I got the opportunity to integrate my interests and knowledge into this book. The first part of the book attempts to integrate psychological theories of attitude, perception, motivation and decision into economics. Both disciplines are concerned with human behavior, and the economic paradigm of demand, subj ect to restrictions, is combined with the psychological tradition of direct measurements of perceptions and motivations. This results in a micro-model of economic choice that can be tested by means of information obtained directly from consumers. The empirical study deals with the problem of scrapping a durable consumption good. By means of a consumer survey, the micro-model of choice is applied to the decision to scrap a durable good, or to repair the good in case of a defect. This individual decision obviously is connected with the large scale problem of waste, and with the manufacturer's problem of producing durable goods with a certain quality and durabili ty.

Download or read book Handbook of Econometrics written by J.J. Heckman and published by Elsevier. This book was released on 2001-11-22 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is a definitive reference source and teaching aid for econometricians. It examines models, estimation theory, data analysis and field applications in econometrics. Comprehensive surveys, written by experts, discuss recent developments at a level suitable for professional use by economists, econometricians, statisticians, and in advanced graduate econometrics courses. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes