Showing 1 - 10 of 3,113
This paper shows that the structural breaks are an important characteristic of the monthly labor force participation rate (LFPR) series of Australia, Canada and the USA. Therefore we allow for endogenously determined multiple structural breaks in the empirical specifications of fractionally...
Persistent link: https://www.econbiz.de/10013065313
mortality, little evidence exist on the potential relationship between sustained income volatility, keeping average lifetime …-specific volatility of income on the other, decomposing volatility into a permanent and transitory component.Controlling for average …
Persistent link: https://www.econbiz.de/10012857829
individuals' sleep time exhibits both variability and volatility characterized by stationary autoregressive conditional … young children at home. Volatility is greater among parents with young children, slightly greater among men than women, but … independent of other demographics. A theory of economic incentives to minimize the dispersion of sleep predicts that higher …
Persistent link: https://www.econbiz.de/10014083924
This paper proposes a causal decomposition framework for settings in which an initial regime randomization influences the timing of a treatment duration. The initial randomization and treatment affect in turn a duration outcome of interest. Our empirical application considers the survival of...
Persistent link: https://www.econbiz.de/10014083457
This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
Persistent link: https://www.econbiz.de/10013144083
The current economic crisis requires fast information to predict economic behavior early, which is difficult at times of structural changes. This paper suggests an innovative new method of using data on internet activity for that purpose. It demonstrates strong correlations between keyword...
Persistent link: https://www.econbiz.de/10013117001
dependent data and allowing for first-step estimation of the propensity score …
Persistent link: https://www.econbiz.de/10013325071
This review paper articulates the relationship between prediction market data and event studies, with a special focus on applications in political economy. Event studies have been used to address a variety of political economy questions ヨ from the economic effects of party control of...
Persistent link: https://www.econbiz.de/10013126921
that this will lead to a dynamic factor model with the dominant unit acting as the factor. The problems of estimation and …
Persistent link: https://www.econbiz.de/10013316638
using matching methods. Because precise estimation of the expected counterfactual is particularly important in regions …
Persistent link: https://www.econbiz.de/10013316785