Carrasco, Raquel; Pérez, J. Ignacio García - Departamento de Economía, Universidad Carlos III de Madrid - 2008
attention to the impact of accounting for unobserved heterogeneity among individuals. Using a large administrative data set for … Spain, we estimate multiple-spell discrete duration models which disentangle unobserved heterogeneity from duration … the importance of accounting for unobserved heterogeneity and that mistaken policy implications can be derived due to …