Showing 1 - 10 of 467
Unemployment durations are determined by a number of factors. According to mainstream economics theory, unemployment …
Persistent link: https://www.econbiz.de/10015254556
A model with special attention on the (subjective) survival probability is proposed to understand salient aspects of retirement age decision. Optimal retirement age results are derived with a death hazard rate function having non-negative duration dependence. At the optimum age, the retiree...
Persistent link: https://www.econbiz.de/10015213392
Using the four-year academic records of 301 male students who enrolled in a specific department at a certain university in April 2016, this paper estimates the structural parameters of a sequential decision model of college dropout and conducts a counterfactual analysis. A well-known method for...
Persistent link: https://www.econbiz.de/10015213627
This study analyzes the evolution of daily recorded cases of COVID-19 among all countries. In more detail, using survival models, we study the average duration of the increase of cases of COVID-19 before reaching its maximum and reduce the number of infected daily. Additionally, we incorporate...
Persistent link: https://www.econbiz.de/10015217283
In this paper I test the capital accumulation conjecture that is used to rationalize return migration decisions in the context of immigrants in Germany and examine how labor market outcomes influence return migration decisions, with particular attention to selection in these outcomes in return...
Persistent link: https://www.econbiz.de/10015220166
option value theory stresses the role played by irreversible investments: in this case, the new exit option available to …
Persistent link: https://www.econbiz.de/10015220224
We propose a new model for transaction data that accounts jointly for the time duration between transactions and for the discreteness of the intraday stock price changes. Duration is assumed to follow a stochastic conditional duration model, while price discreteness is captured by an...
Persistent link: https://www.econbiz.de/10015220557
Using data from the German Socio-Economic Panel Study (GSOEP), we analyze whether necessity and opportunity entrepreneurs differ in terms of self-employment duration. We find that the two types of entrepreneurs differ regarding their duration in self-employment. Once controlled for educational...
Persistent link: https://www.econbiz.de/10015220900
Abstract: With employment and labour crisis training for (re)employability reaches the highest importance and absorbs an increasing share among public active labour market policies. Provided that retraining is adequate shorter unemployment spells can be observed in the transition between jobs....
Persistent link: https://www.econbiz.de/10015221220
This paper investigates the wage and employment perspectives of low-wage labour market entrants, using panel data from the UK, the Netherlands, and Germany. We apply a competing risks hazard model of transitions from low pay to higher pay, to unemployment or to inactivity. Low pay is found to be...
Persistent link: https://www.econbiz.de/10015221509