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Although there exists a wealth of data relating to the British labour market, there are a number of important issues for which reliance has previously had to be placed on small surveys or case studies in order to form an option. Thus it has been known for some time that men and women cluster in...
Persistent link: https://www.econbiz.de/10005146827
Empirical work on strikes has tended primarily to concern itself with the strike incidence, with the recurring finding that strikes occur procyclically. Less attendion has been paid to strike duration and the cyclical fluctuations it might display, although a variety of theoretical models have...
Persistent link: https://www.econbiz.de/10005146862
One of the main differences between the labour market behaviour of men and women lies in the discontinuity of labour force attachment exhibited by most women over their lifetime - largely, but not exclusively, for the purpose of raising a family. These interruptions to their labour market...
Persistent link: https://www.econbiz.de/10005178311
Job training is an important subject for discussion, since the skills on which an economy depends are largely created by the process of training. Various theories, especially the human capital model, have focussed attention on skill aquisition through training as a central determinant of...
Persistent link: https://www.econbiz.de/10005368747
This paper examines the extent of state dependence in unemployment and the role played in this by intervening low-wage employment. A range of dynamic random and fixed effects estimators are compared. Low-wage employment is found to have almost as large an adverse effect as unemployment on future...
Persistent link: https://www.econbiz.de/10005368763
Persistent link: https://www.econbiz.de/10005542144
A changing climate and higher wind speeds means that residential construction is likely to receive more damage in the future if design standards are maintained at the current level. The vulnerability of residential construction may be reduced by an adaptation strategy that increases design wind...
Persistent link: https://www.econbiz.de/10011240981
This paper investigates using maximum simulated likelihood (MSL) estimation for random-effects dynamic probit models with autocorrelated errors. It presents and illustrates a new Stata command, redpace, for this estimator. The paper also compares using pseudorandom numbers and Halton sequences...
Persistent link: https://www.econbiz.de/10004964315
A semi-nonparametric estimator is presented for a series of generalized models that nest the ordered probit model and thereby relax the distributional assumptions in that model. A new Stata command for the estimation of such models is presented. The approach is illustrated using examples.
Persistent link: https://www.econbiz.de/10005103073
In recent times a number of countries initiated some important tax reforms to eliminate the distortions of double taxation. In this context, Australia adopted a dividend imputation system in 1987, while the US employed the 1986 Tax Reform Act (TRA). The analysis examines the effect on the level...
Persistent link: https://www.econbiz.de/10005063658