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A new methodology is described which tests between various equilibrium theories of unemployment using matching data. The Paper shows how to correct econometrically for temporal aggregation effects, where the econometrician’s aim is to identify a matching process using data which is recorded...
Persistent link: https://www.econbiz.de/10009439557
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function are consistent with previous work in this field, but...
Persistent link: https://www.econbiz.de/10009440050
Recent studies have used quantile regression (QR) techniques to estimate the impact of education on the location, scale and shape of the conditional wage distribution. In our paper we investigate the degree to which work-related training ? another important form of human capital ? affects the...
Persistent link: https://www.econbiz.de/10009485355
Using harmonized data for the years 1995-2001 from the European Community Household Panel, the authors analyze gender pay gaps by sector across the wage distribution in eleven countries. In estimations that control for the effects of individual characteristics at different points of the...
Persistent link: https://www.econbiz.de/10009469106