This paper aims at introducing the plurality of search methods in a job search model with endogenous intensity. Search methods are integrated through a function of information production, which influences both the offer rate and search costs. The equilibrium proprieties of the model lead to an...

A new semiparametric proportional hazard rate model is proposed which extends standard models to include a dynamic specification. Two main problems are resolved in the course of this paper. First, the partial likelihood approach to estimate the components of a standard proportional hazard model...

The recent availability of large data sets covering single transactions on financial markets has created a new branch of econometrics which has opened up a new door of looking at the microstructure of financial markets and its dynamics. The specific nature of transaction data such as the...

This paper investigates whether cannabis use leads to worse mental health. To do so, we account for common unobserved factors affecting mental health and cannabis consumption by modeling mental health jointly with the dynamics of cannabis use. Our main finding is that using cannabis increases...

In this article, I propose an inferential procedure of monotone transformation models with random truncation points, which may not be observable. This class includes length-biased samples that are common in duration analysis. The proposed estimator can be applied to more general situations than...

This paper introduces a new measure of conflict duration and argues that the number of deaths in a conflict can serve as such a measure. The paper demonstrates that there are information gains to this approach. The well-known conflict database of the International Peace Research Institute is...

This paper provides a comprehensive evaluation of benefit sanctions, i.e. temporary reductions in unemployment benefits as punishment for noncompliance with eligibility requirements. In addition to the effects on unemployment durations, we evaluate the effects on post-unemployment employment...

We demonstrate that standard methods of asymptotic inference break down for a binary choice duration model in a time series setting. This is because the dependent variable has a degenerate limit distribution, which makes the asymptotic variance-covariance matrix singular.

This paper provides a comprehensive evaluation of benefit sanctions ,i.e. temporary reductions in unemployment benefits as punishment for noncompliance with eligibility requirements. In addition to the effects on unemployment durations, we evaluate the effects on post-unemployment employment...

It has been found that premarital cohabitation is positively correlated with the likelihood of marital dissolution in the U.S. To reassess this link, I estimate proportional hazard models of marital dissolution for first marriages using pooled data from three surveys of the NSFG 1988, 1995, and...