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Selection Correction in Panel Data Models: An Application to Labour Supply and Wages

Dustmann, Christian; Rochina-Barrachina, María Engracia - Institute for the Study of Labor (IZA) - 2000

In recent years a number of panel estimators have been suggested for sample selection models, where both the selection … females, using a panel of twelve years. All these estimators rely on the assumption of strict exogeneity of regressors in the … the estimation methods discussed. …

Persistent link: https://www.econbiz.de/10005763754

Smoking Persistence Across Countries: An Analysis Using Semi-Parametric Dynamic Panel Data Models with Selectivity

Christelis, Dimitris; Sanz-de-Galdeano, Anna - Institute for the Study of Labor (IZA) - 2009

We study smoking persistence in ten countries using data from the European Community Household Panel. Such persistence … two by using semi-parametric dynamic panel data methods applied to both the decision to smoke or not and to the decision …

Persistent link: https://www.econbiz.de/10005078567

Assessing Unemployment Traps in Belgium Using Panel Data Sample Selection Models

D’Addio, Anna Cristina; De Greef, Isabelle; Rosholm, … - Institute for the Study of Labor (IZA) - 2002

into employment in Belgium. In order to assess them, we use panel data sample selection models. Specifically, we estimate a … income ratios have been computed for every individual in the sample by using the predicted wages obtained from the estimation … waves 1993-1997 of the Panel Study of Belgian Household and has been led separately on (unbalanced) samples of men and women …

Persistent link: https://www.econbiz.de/10005762045

Unobserved Heterogeneity and Risk in Wage Variance: Does Schooling Provide Earnings Insurance?

Mazza, Jacopo; van Ophem, Hans; Hartog, Joop - Institute for the Study of Labor (IZA) - 2011

We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...

Persistent link: https://www.econbiz.de/10008855343

Dependence Measures in Bivariate Gamma Frailty Models

den Berg, Gerard J. van; Effraimidis, Georgios - Institute for the Study of Labor (IZA) - 2014

Bivariate duration data frequently arise in economics, biostatistics and other areas. In "bivariate frailty models", dependence between the frailties (i.e., unobserved determinants) induces dependence between the durations. Using notions of quadrant dependence, we study restrictions that this...

Persistent link: https://www.econbiz.de/10010757340

Risk Sharing and Commuting Among US Federal States

Juessen, Falko - Institute for the Study of Labor (IZA) - 2008

Financial markets provide imperfect insurance of labor income risk. However, workers can partly insure against labor market risk by commuting to adjacent regions. Since commuters own wage claims to output produced in adjacent regions, the business cycle in the neighborhood becomes a relevant...

Persistent link: https://www.econbiz.de/10005822090

A Structural Empirical Model of Firm Growth, Learning, and Survival

Abbring, Jaap H.; Campbell, Jeffrey R. - Institute for the Study of Labor (IZA) - 2003

We present a structural model of firm growth, learning, and survival and consider its identification and estimation. In …

Persistent link: https://www.econbiz.de/10005703362

The Role of the Exchange Rate Regime in the Process of Real and Nominal Convergence

D'Adamo, Gaetano; Rovelli, Riccardo - Institute for the Study of Labor (IZA) - 2013

During the last decade, economists have intensively searched for evidence on the importance of the Balassa-Samuelson (B-S) hypothesis in explaining nominal convergence. One general result is that B-S can at best explain only part of the excess inflation observed in the European catching-up...

Persistent link: https://www.econbiz.de/10011128045

Corporate Efficiency, Credit Status and Investment

Quader, Manzur; Taylor, Karl - Institute for the Study of Labor (IZA) - 2014

Using a panel of 1122 UK firms listed on the London Stock Exchange over the period of 1981 to 2009, endogenous …

Persistent link: https://www.econbiz.de/10010790512

Does Immigration Policy Affect the Education-Occupation Mismatch? Evidence from Australia

Tani, Massimiliano - Institute for the Study of Labor (IZA) - 2012

This paper analyses the impact of a change in Australia's immigration policy, introduced on 1st July 1999, on migrants' probability of being over-/under-educated or correctly matched. The policy change consists of stricter entry requirements about age, language ability, education, and work...

Persistent link: https://www.econbiz.de/10010959842