are likely in disequilibrium. We develop a new methodology to improve the estimation of a reduced form disequilibrium …-indicator informed disequilibrium model includes as a special case the foundational model of Maddala and Nelson (1974). We demonstrate … market for anesthesiologists, a profession susceptible to disequilibrium. In this application, we find that our new …

We examine changes in inequality and instability of the combined earnings of married couples over the 1980-2009 period … is both lower in levels and rises by a smaller amount. We also find that couples' earnings instability is lower in levels … compared to male earnings instability and actually declines in the SIPP-SSA data. While wives' earnings played an important …

We examine changes in inequality and instability of the combined earnings of married couples over the 1980-2009 period … is both lower in levels and rises by a smaller amount. We also find that couples' earnings instability is lower in levels … compared to male earnings instability and actually declines in the SIPP-SSA data. While wives' earnings played an important …

and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an …

been influential in formulating a strict drug policy in many western countries. Individual differences in proneness and … different policy implications. We propose a Bayesian estimation and predictive framework to analyze the effects and relative … importance of previous cannabis use, proneness and accessibility factors on hard drug initiation and to explore potential policy …

Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and … malleable at later ages. This has important implications for the design of policy. The gaps in skills and abilities open up …