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Persistent link: https://www.econbiz.de/10012273449
I perform the joint estimation of a reduced-form dynamic model of the transition from one grade level to the next, and a Mincer wage equation, using panel data taken from the NLSY. A very high degree of flexibility is achieved by approximating the distributions of idiosyncractic grade transition...
Persistent link: https://www.econbiz.de/10010898123
[fre] Une analyse empirique de la relation entre la durée de chômage et le salaire offert, . par Christian Belzil.. . Cet article analyse les pertes en capital humain causées par le chômage à l'aide d'une étude empirique de la relation entre la durée du chômage et le salaire de...
Persistent link: https://www.econbiz.de/10010977877
Using a structural dynamic programming model, we investigate the relative importance of family background variables and individual specific abilities in explaining cross-sectional differences in schooling attainments and wages. Each type of ability is the sum of one component correlated with...
Persistent link: https://www.econbiz.de/10005764724
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10005067578
This paper explores the determinants of earnings growth in corporate hierarchies using static and dynamic panel data techniques. The novelty derives from the distinction between base pay and bonus, the asymmetric effects of promotion and demotion, and the consideration of dynamic effects. We...
Persistent link: https://www.econbiz.de/10005781407
Using Danish firm (workplace) data on employment reallocation merged with individual records, the effects of job creation/destruction and worker reallocation on wages are estimated using fixed effects techniques. After controlling for business cycle fluctuations, job creation is found to...
Persistent link: https://www.econbiz.de/10005781421
A nonstationary model of individual labor market histories, where the distribution of wages offers depends on elapsed unemployment duration and where unemployment compensation is claimed for a limited period only, is estimated from sample information on completed unemployment duration, accepted...
Persistent link: https://www.econbiz.de/10005604673
A model of employed and unemployed job search is estimated from a panel of new entrants into the labor force as well as prime-age workers. After investigating the relative efficiency of the two main search methods within a representative agent framework, the author estimates the model under a...
Persistent link: https://www.econbiz.de/10005725732
We estimate a flexible reduced form dynamic model of schooling choices and labor market outcomes in France. Our analysis focuses on the comparison between second-generation immigrants and their French-natives counterparts. We show that the gap in higher education attainments between those two...
Persistent link: https://www.econbiz.de/10008522701