Showing 1 - 10 of 92
Although it is a common theoretical assumption that the chances to find a job fall with time in unmeployment, this is not systematically confirmed by empirical evidence, and there is no evidence for developing countries.  We develop a farmework that allows us to test the four major explanations...
Persistent link: https://www.econbiz.de/10011004427
We investigate why we observe non-negative duration dependence among young unemployed men in urban Ethiopia. Assuming that genuine duration dependence is negative, there are five explanations for a non-decreasing hazard: the presence of unemployment benefits, the existence of Active Labour...
Persistent link: https://www.econbiz.de/10010604938
We study the role of preferences in the process of unemployment benefit determination. Perhaps surprisingly, survey evidence for the UK suggests that both the employed and unemployed wish to see a more generous level of unemployment benefits.
Persistent link: https://www.econbiz.de/10005090628
We present a simple model where unemployment benefits are determined in an economy in which there is endogenous delay in finding a job so that workers desire insurance against the possibility of unemployment.
Persistent link: https://www.econbiz.de/10005090680
Persistent link: https://www.econbiz.de/10005051058
What drives migration and remittance behaviour in South Africa, and what are the implications for public policy? This … longitudinal data spanning 1993 to 2004 from KwaZula-Natal province. Findings generally accord with expectations if migration is a … receipt of public transfer income raises the likelihood of migration (most likely because migration is costly and households …
Persistent link: https://www.econbiz.de/10005047770
farming, local non-farming and temporary migration activites. The returns to non-farming greatly exceed those to farming, for …
Persistent link: https://www.econbiz.de/10005047836
We construct a simple probit model of the determinants of real house price slump endings.  We find that the probability of a house price slump ending is higher, the smaller was the pre-slump house price run-up; the greater has been the cumualtive house price decline; the lower are real mortgage...
Persistent link: https://www.econbiz.de/10009318136
Global frailty is an unobserved macroeconomic variable.  In event data contexts, this unobserved variable is assumed to impact the hazard rate of event arrivals.  Attempts to identify and estimate the path of frailty are complicated when observed macroeconomic variables also impact hazard...
Persistent link: https://www.econbiz.de/10011004346
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...
Persistent link: https://www.econbiz.de/10010604975