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Are Labor Force Participation Rates Really Non-Stationary? Evidence from Three OECD Countries

Ozdemir, Zeynel Abidin - 2014

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

Real and Nominal Wage Rigidities and the Rate of Inflation : Evidence from German Micro Data

Bauer, Thomas K.; Bonin, Holger; Sunde, Uwe - 2021

due to nominal, but mostly real wage rigidity is substantial. The extent of real rigidity rises with inflation, whereas …, is most likely minimized in an environment with moderate inflation …

Persistent link: https://www.econbiz.de/10013319593

Aggregation in Large Dynamic Panels

Pesaran, M. Hashem - 2011

Carlo experiments, where we also study the estimation of the aggregate effects of micro and macro shocks. The paper … concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to … which ﾑobservedﾒ inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our …

Persistent link: https://www.econbiz.de/10013129942

International Labour Force Participation Rates by Gender : Unit Root or Structural Breaks?

Ozdemir, Zeynel Abidin - 2011

This paper examines the possibility of unit roots in the presence of endogenously determined multiple structural breaks in the total, female and male labour force participation rates (LFPR) for Australia, Canada and the USA. We extend the procedure of Gil-Alana (2008) for single structural break...

Persistent link: https://www.econbiz.de/10013118773

Empirical Modeling of Deprivation Contagion among Social Exclusion Dimensions (Using MCMC Methods)

Poggi, Ambra - 2007

Economic theory and empirical evidence clearly show that social exclusion dimensions are inter-related. Notwithstanding that, dimensions are usually assumed independent from one another in the economics literature. In this paper we explore the inter-dependency of social exclusion dimensions and...

Persistent link: https://www.econbiz.de/10012777463

Inequality Indices as Tests of Fairness

Kanbur, Ravi - 2017

Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare interpretation has been criticized for a long time on the...

Persistent link: https://www.econbiz.de/10012957494

Infections, Accidents and Nursing Overtime in a Neonatal Intensive Care Unit : A Bayesian Semiparametric Panel Data Logit Model

Beltempo, Marc - 2020

The paper investigates the effects of nursing overtime on nosocomial infections and medical accidents in a neonatal intensive care unit (NICU). The literature lacks clear evidence on this issue and we conjecture that this may be due to empirical and methodological factors. We thus focus on a...

Persistent link: https://www.econbiz.de/10012838501

Bayesian Panel Quantile Regression for Binary Outcomes with Correlated Random Effects : An Application on Crime Recidivism in Canada

Bresson, Georges - 2020

, relative risk and odds ratio.The performance of our preferred algorithm is demonstrated in multiple simulation studies and …

Persistent link: https://www.econbiz.de/10012842061

Returns to Compulsory Schooling in Britain : Evidence from a Bayesian Fuzzy Regression Discontinuity Analysis

Chib, Siddhartha - 2011

In this paper we reevaluate the returns to education based on the increase in the compulsory schooling age from 14 to 15 in the UK in 1947. We provide a Bayesian fuzzy regression discontinuity approach to infer the effect on earnings for a subset of subjects who turned 14 in a narrow window...

Persistent link: https://www.econbiz.de/10013128224

Climbing the Drug Staircase : A Bayesian Analysis of the Initiation of Hard Drug Use

Bretteville-Jensen, Anne Line; Jacobi, Liana - 2021

different policy implications. We propose a Bayesian estimation and predictive framework to analyze the effects and relative …

Persistent link: https://www.econbiz.de/10013324738