Download or read book Specification and Estimation of Structural Economic Models of the Labour Market 5 Essays written by Hans G. Bloemen and published by . This book was released on 1994 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Specification and estimation of structural econometric models of the labour market 5 essays written by Hans Gerald Bloemen and published by . This book was released on 1994 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Estimated Labor Search Models written by Mauricio Manuel Tejada and published by . This book was released on 2013 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Search theory has proven to be a very useful tool to analyze and understand the impact of labor market policies and institutional arrangements on labor market outcomes. Structural econometrics, on the other hand, seeks to recover the primitives of economic theory and to estimate decision rules. These essays use the conjunction of both to analyze various labor market issues. The first chapter estimates a search and matching model to analyze the relationship between duality in the labor market and labor market protection in Chile. Results indicate that both types of contracts, permanent and temporary, survive in equilibrium and that there is a strong substitution effect between contracts. Also, stringent labor protection generates important trade offs between flexibility and productivity. The second chapter provides lifetime measures of inequality for Chile and analyzes its main sources. Results indicate that inequality is not only high in a cross-section perspective, but also in a lifetime perspective and that low mobility is the main source of lifetime inequality. Finally, the third chapter uses a descriptive approach and a structural estimation of a search model to identify the sources of gender differentials in the United States. Results show that prejudice may still have a role in explaining the evidence on gender differentials and it is responsible for the reversal of the returns to schooling ranking in recent years.

Download or read book The Estimation of Semi structural Dynamic Models of the Labor Market written by François Poinas and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis contains three essays in microeconometrics and applied labor economics. In the first two essays, we estimate dynamic models of schooling choices and employment contract outcomes of the French population. The first essay focuses on the comparison between second-generation immigrants from Africa and their French-natives counterparts. We show that the gap in higher education attainments between those two sub-populations is mainly explained by parents' background and that schooling investment is the main determinant of the gap in permanent employment. The second essay investigates the role played by educational attainments on the employment contract transitions in the early career. We find that a first fixed term contract has a positive impact on the probability of employment in a permanent contract, except for a limited set of the population endowed with particular schooling attainments and unobserved characteristics. Globally, schooling attainments account for around one third of the variance in the probability of permanent employment. The third essay is devoted to the analysis of intra-firm promotions of American executives. We estimate a dynamic model of promotions, in which we disentangle the spurious and the causal impacts of the speed of past advancement. We find that the principal determinant of promotions is unobserved heterogeneity and that the speed of past advancement in the firm's hierarchy (fast tracks) does not have a causal impact on promotions. Functional area has a high explanatory power in promotion outcomes.

Download or read book Specification and Estimation of an Econometric Labour Market Model with Time varying Parameters written by Reinhard Hujer and published by . This book was released on 1988 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Symmetric Approach to the Labor Market written by Evelien Eggink and published by . This book was released on 1994 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Labor Economics written by Fanghua Li and published by . This book was released on 2018 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis contribute towards the understanding of labor economics and applied econometrics; the thesis is made up of three chapters. The first chapter explores the causal effect of parents' social capital on the intergenerational occupational inertia in addition to individuals' labor market outcomes. A new data extract was constructed by re-weighting and combining the Panel Study of Income Dynamics (PSID) and the Survey of Income and Program Participation (SIPP) to correct the selection biases induced by children's endogenous moving behaviors post-graduation. By exploiting the recent technological revolution and the resulting changes in occupational skill compositions measured by Dictionary of Titles (DOT) and its successor O*NET, it became possible to isolate the effect of inherited social capital from inherited human capital through a regression discontinuity design. Besides, a correction of the selection bias induced by the social capital advantage through children's occupational switching patterns after the first jobs was made. The results indicate that around 30% of individuals choose the same occupation as their parents for their first job; such people rely more on their parents' social connections in job hunting. Also, they enjoy a positive wage premium of about 5% of the percentile ranks of annual labor income for entry-level jobs but this positive effect fades away in the long-run. The second chapter studies the estimation and inference of nonlinear econometric model when the economic variables are contained in different datasets. We show that the unknown structural parameters of interest can be possibly uniquely identified if there are some common conditioning variables in different datasets. The identification result is constructive, which enables us to estimate the unknown parameters based on a simple minimum distance (MD) estimator. We study the asymptotic properties of the MD estimator and provide inference procedure. A simple model specification test on the key identification conditions is also provided. The third chapter provides an application example of the method developed in the second chapter. It is a long-standing problem in the empirical research that the economic variables are contained in different datasets. One well-accepted solution to this problem is the imputation method, which serves as a crucial step in the seminal work, Blundell, Pistaferri, and Preston (2008) studied the dynamic relationship between consumption and income, with consumption data from CEX and income data from PSID. In this chapter, we first prove that the imputation method is biased because they are significantly different from those based on true data, which is the newly available PSID from 1999 which includes both consumption and income data. Furthermore, we investigate the finite sample performance of our new method with this new PSID data and show that our method delivers comparable results with those based on the true data. We conclude that the imputation gives largely biased estimation compared to the real data results and the new estimator developed in Chapter 2 performs better. The three chapters share the same interests in the long-lasting question that how we can deal with the situation in which the economic variables or the study population is contained in different datasets. The first chapter starts off from the simplest scenario that the data set is complete in terms of variables but biased in terms of representativeness. The other two chapters deal with the other more difficult and more usual case that the data set is incomplete in terms of economic variables. We not only contribute methodologically by providing a new estimator but also implement the method in an important application case and discuss the implications.

Download or read book Essays on Identification and Estimation of Structural Economic Models written by Shaomin Wu and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three chapters that study the identification and estimation of structural economic models. Chapter 1, "Identification and Estimation of Nonseparable Triangular Equations with Mismeasured Instruments" studies the nonparametric identification and estimation of the marginal effect of an endogenous variable X on the outcome variable Y , given a potentially mismeasured instrument variable W∗, without assuming linearity or separability of the functions governing the relationship between observables and unobservables. In order to address the challenges arising from the co-existence of measurement error and nonseparability, I first employ the deconvolution technique from the measurement error literature to identify the joint distribution of Y,X,W∗ using two error-laden measurements of W∗. I then recover the structural derivative of the function of interest and the "Local Average Response" (LAR) from the joint distribution via the "unobserved instrument" approach in Matzkin (2016). I also propose nonparametric estimators for these parameters and derive their uniform rates of convergence. Monte Carlo exercises show evidence that the estimators I propose have goodfinite sample performance. Chapter 2, "Two-step Estimation of Network Formation Models with Unobserved Heterogeneities and Strategic Interactions", characterizes the network formation process as a static game of incomplete information, where the latent payoff of forming a link between two individuals depends on the structure of the network, as well as private information on agents' attributes. I allow agents' private unobserved attributes to be correlated with observed attributes through individual fixed effects. Using data from a single large network, I propose a two-step estimator for the model primitives. In the first step, I estimate agents' equilibrium beliefs of other people's choice probabilities. In the second step, I plug in the first-step estimator to the conditional choice probability expression and estimate the model parameters and the unobserved individual fixed effects together using Joint MLE. Assuming that the observed attributes are discrete, I showed that the first step estimator is uniformly consistent with rate N−1/4, where N is the total number of linking proposals. I also show that the second-step estimator converges asymptotically to a normal distribution at the same rate. Chapter 3, "Identification and Estimation in Differentiated Products Markets Where Firms Affect Consumers' Attention" studies the nonparametric identification and estimation of a demand and supply system where firms affect consumers' consideration sets via costly marketing inputs, when market-level data is available. On the demand side, I characterize preferences and considerations nonparametrically, allowing rich heterogeneities and correlations between them. On the supply side, I characterize firms' optimal choices by a set of first-order conditions without specifying the form of the oligopoly model. The demand and supply sides form a simultaneous system of equations in the spirit of Berry and Haile (2014). I then show the identification of the system using the method proposed by Matzkin (2015). Moreover, using the variations of exclusive regressors entering preferences and considerations respectively, I separately identify features of the utility functions and the attention functions. Based on the constructive identification results, I propose nonparametric estimators of the demand, utility, and attention functions and show their asymptotic properties.

Download or read book Essays in Honor of Jerry Hausman written by Badi H. Baltagi and published by Emerald Group Publishing. This book was released on 2012-12-17 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aims to annually publish original scholarly econometrics papers on designated topics with the intention of expanding the use of developed and emerging econometric techniques by disseminating ideas on the theory and practice of econometrics throughout the empirical economic, business and social science literature.

Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 1999-11-18 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the continually evolving field of labour economics.

Download or read book Essays on Micro econometric Models of Consumer Demand and the Labour Market written by Arthur Herman Otto van Soest and published by . This book was released on 1990 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Honor of M Hashem Pesaran written by Alexander Chudik and published by Emerald Group Publishing. This book was released on 2022-01-18 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collection of chapters in Volume 43 Part B of Advances in Econometrics serves as a tribute to one of the most innovative, influential, and productive econometricians of his generation, Professor M. Hashem Pesaran.

Download or read book Essays on Labour Market Structure and Policies written by Mirco Tonin and published by . This book was released on 2007 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Immigration Economics written by George J. Borjas and published by Harvard University Press. This book was released on 2014-06-09 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Millions of people—nearly 3 percent of the world’s population—no longer live in the country where they were born. Every day, migrants enter not only the United States but also developed countries without much of a history of immigration. Some of these nations have switched in a short span of time from being the source of immigrants to being a destination for them. International migration is today a central subject of research in modern labor economics, which seeks to put into perspective and explain this historic demographic transformation. Immigration Economics synthesizes the theories, models, and econometric methods used to identify the causes and consequences of international labor flows. Economist George Borjas lays out with clarity and rigor a full spectrum of topics, including migrant worker selection and assimilation, the impact of immigration on labor markets and worker wages, and the economic benefits and losses that result from immigration. Two important themes emerge: First, immigration has distributional consequences: some people gain, but some people lose. Second, immigrants are rational economic agents who attempt to do the best they can with the resources they have, and the same holds true for native workers of the countries that receive migrants. This straightforward behavioral proposition, Borjas argues, has crucial implications for how economists and policymakers should frame contemporary debates over immigration.

Download or read book Aanwinsten van de Centrale Bibliotheek Queteletfonds written by Bibliothèque centrale (Fonds Quetelet) and published by . This book was released on 2001 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Econometric Analysis of Cross Section and Panel Data written by Jeffrey M. Wooldridge and published by MIT Press. This book was released on 2002 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive state-of-the-art text on microeconometric methods.

Download or read book Essays on Matching Processes and Effects of Institutional Changes written by Michael Stops and published by wbv Media GmbH & Company KG. This book was released on 2016-05-18 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Die Fragen, wie der Arbeitsmarkt funktioniert und welchen Einfluss die Politik ausüben kann, sind Dauerbrenner in der gesellschaftlichen und politischen Debatte. Das hierzu nötige Wissen speist sich aus der Arbeitsmarktforschung, die häufig Impulse aus dem Alltagsgeschäft der Arbeitsmarktpolitik bekommt. Umgekehrt laden Fortschritte in der Methodenentwicklung und der Datenerschließung die Arbeitsmarktpolitik dazu ein, neue Fragen aufzuwerfen, die bisher nicht beantwortet werden konnten. Michael Stops greift solche Entwicklungen auf und fokussiert drei Themenbereiche: - Berufliche Mobilität und Effizienz des Arbeitsmarktausgleichs - Die Entwicklung der Effizienz des Arbeitsmarktausgleichs vor, während und nach den Jahren der deutschen Arbeitsmarktreformen 2003-2005 auf beruflichen Teilarbeitsmärkten - Die Wirkung des flächendeckenden Mindestlohns in Großbritannien auf die Beschäftigung 1999-2012