Similar Search Results

The Great Recession, Retirement and Related Outcomes

Gustman, Alan L.; Steinmeier, Thomas L.; Tabatabai, Nahid - National Bureau of Economic Research (NBER) - 2015

This paper uses data from the Health and Retirement Study to examine retirement and related labor market outcomes for the Early Boomer cohort, those in their mid-fifties at the onset of the Great Recession. Outcomes are then compared with older cohorts at the same age. The Great Recession...

Persistent link: https://www.econbiz.de/10011185004

Technological Changes and Employment of Older Manufacturing Workers in Early Twentieth Century America

Lee, Chulhee - National Bureau of Economic Research (NBER) - 2009

This study explores how technological, organizational, and managerial changes affected the labor-market status of older male manufacturing workers in early twentieth century America. Industrial characteristics that were favorably related to the labor-market status of older industrial workers...

Persistent link: https://www.econbiz.de/10005714397

Job Loss and Retirement Behavior of Older Men

Stevens, Ann Huff; Chan, Sewin - National Bureau of Economic Research (NBER) - 1999

This paper uses data from the Health and Retirement Study to examine the employment and retirement behavior of men aged fifty and above who have experienced an involuntary job loss. Hazard models for returning to work and for exiting post-displacement employment are estimated and used to examine...

Persistent link: https://www.econbiz.de/10005723136

Labor Market Shocks and Retirement: Do Government Programs Matter?

Coile, Courtney; Levine, Phillip B. - National Bureau of Economic Research (NBER) - 2006

This paper examines how unemployment affects retirement and whether the Unemployment Insurance (UI) system and Social … consistent evidence of an effect. This suggests that in some ways SS may serve as a more effective form of unemployment insurance …

Persistent link: https://www.econbiz.de/10005248815

The Market Crash and Mass Layoffs: How the Current Economic Crisis May Affect Retirement

Coile, Courtney; Levine, Phillip B. - National Bureau of Economic Research (NBER) - 2009

labor markets. We find that workers age 62 to 69 are responsive to the unemployment rate and to long-run fluctuations in … the rising unemployment rate will be almost 50 percent larger than the decrease in retirement brought about by the stock …

Persistent link: https://www.econbiz.de/10008601702

Identification of Search Models with Initial Condition Problems

Barlevy, Gadi; Nagaraja, H.N. - National Bureau of Economic Research (NBER) - 2006

-censored (i.e. we do not get to follow workers from their initial job out of unemployment), as well as when workers set different …

Persistent link: https://www.econbiz.de/10005575770

Multi-Period Corporate Default Prediction With Stochastic Covariates

Duffie, Darrell; Siata, Leandro; Wang, Ke - National Bureau of Economic Research (NBER) - 2006

We provide maximum likelihood estimators of term structures of conditional probabilities of corporate default, incorporating the dynamics of firm-specific and macroeconomic covariates. For U.S. Industrial firms, based on over 390,000 firm-months of data spanning 1979 to 2004, the level and shape...

Persistent link: https://www.econbiz.de/10005036792

Seam Bias, Multiple-State, Multiple-Spell Duration Models and the Employment Dynamics of Disadvantaged Women

Shore-Sheppard, Lara; Ham, John C.; Li, Xianghong - National Bureau of Economic Research (NBER) - 2009

Panel surveys generally suffer from "seam bias"--too few transitions observed within reference periods and too many reported between interviews. Seam bias is likely to affect duration models severely since both the start date and the end date of a spell may be misreported. In this paper we...

Persistent link: https://www.econbiz.de/10005040650

Multi-Period Corporate Failure Prediction with Stochastic Covariates

Duffie, Darrell; Wang, Ke - National Bureau of Economic Research (NBER) - 2004

We provide maximum likelihood estimators of term structures of conditional probabilities of bankruptcy over relatively long time horizons, incorporating the dynamics of firm-specific and macroeconomic covariates. We find evidence in the U.S. industrial machinery and instruments sector, based on...

Persistent link: https://www.econbiz.de/10005019417

Job Search and Impatience

DellaVigna, Stefano; Paserman, M. Daniele - National Bureau of Economic Research (NBER) - 2004

. The effect on the exit rate from unemployment is unclear. In this paper we show that, if agents have exponential time … unemployment later. Using two large longitudinal data sets, we find that various measures of impatience are negatively correlated … with search effort and the exit rate from unemployment, and are orthogonal to reservation wages. Overall, impatience has a …

Persistent link: https://www.econbiz.de/10005575764