Showing 1 - 10 of 71
This paper shows how to simply compute one of the estimators proposed by Honoré and Kyriazidou (2000), as well as its variance, through a reshaping of the original dataset that is then used in a weighted logistic regression with clustering.
Persistent link: https://www.econbiz.de/10011041880
This paper proposes a new estimator for the fixed effects ordered logit model. In contrast to existing methods, the new procedure allows estimating the thresholds. The empirical relevance and simplicity of implementation is illustrated in an application on the effect of unemployment on life...
Persistent link: https://www.econbiz.de/10010572132
The academic labor market rewards idea splitting, where researchers publish several short articles rather than one long one. There is a significant positive effect on salary from publishing more articles, conditional on the total number of quality-adjusted pages ever published.
Persistent link: https://www.econbiz.de/10011116195
Male physicians outearn women by 13% at the outset of their careers and by 28% eight years later. Conflicting evidence on the existence of a wage gap in medicine stems from the earnings measure used: hourly earnings versus yearly earnings controlling for hours worked.
Persistent link: https://www.econbiz.de/10010576410
This paper analyzes anonymous job applications of Ph.D. economists in the academic job market. We use data on interview invitations from a randomized experiment at a European-based research institution. Results show that the underrepresented gender was hurt by anonymous applications.
Persistent link: https://www.econbiz.de/10010580532
Poaching externality, arising from job-to-job turnovers, implies that a planner should allocate fewer resources to costly job creations. However, these search efforts increase competition among employers, and this could in turn internalize the externality, whereas the congestion externality...
Persistent link: https://www.econbiz.de/10011263428
I develop a model where workers decide how hard to look for a job via formal and informal search channels. The intensity of formal search determines an individual’s arrival rate of offers. The strength of investment in informal search translates into a job contact network in which job offers...
Persistent link: https://www.econbiz.de/10011116225
We investigate the relationship between an individuals’ reservation wage and unemployment in the local area district. Largely unexplored in the literature this adds to the work which has examined the association between employee wages and unemployment—the ‘wage curve’.
Persistent link: https://www.econbiz.de/10011189551
The Tobit model (censored regression model) is an important basic model appearing in many applications in economics. In this paper we consider a duration Tobit model in which a duration variable which counts the number of times the data is being censored is included as a covariate. We show that...
Persistent link: https://www.econbiz.de/10011189552
This paper outlines a simple model to examine some long-run implications of short-time work schemes (STWs) on labor market performance and welfare. It is not clear that STWs reduce unemployment as the induced wage push discourages job creation.
Persistent link: https://www.econbiz.de/10011041878