Showing 1 - 10 of 2,480
This paper proposes new ℓ1-penalized quantile regression estimators for panel data, which explicitly allows for …
Persistent link: https://www.econbiz.de/10010238040
We provide a framework for the estimation of the impact of fertility timing on female long-term labor supply, measured as labor market work duration. We show that the genuine treatment is waiting time to birth rather than birth per se. In the application we control for the joint decision of...
Persistent link: https://www.econbiz.de/10011719067
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in estimates especially between micro and macro models are recently attributed to frictions and adjustment costs, we show that the variation in elasticities derived from structural labor...
Persistent link: https://www.econbiz.de/10011813227
nonattriters and variable addition testing based on formal models of attrition. Results from the Panel Study of Income Dynamics are … that non-random panel attrition is of little concern for prime-aged male labor supply estimation because the effect of … of prime-aged men than how one includes panel attrition …
Persistent link: https://www.econbiz.de/10014184367
Dynamic discrete choice models usually require a general specification of unobserved heterogeneity. In this paper, we apply Bayesian procedures as a numerical tool for the estimation of a female labor supply model based on a sample size which is typical for common household panels. We provide...
Persistent link: https://www.econbiz.de/10014040716
This paper estimates the effect of fertility on the labor force participation of married women in Korea. Since Korean households prefer sons to daughters, there is exogenous variation in the number of children among households, depending on their first child's sex. Using this exogenous variation...
Persistent link: https://www.econbiz.de/10014119267
Dynamic discrete choice models usually require a general specification of unobserved heterogeneity. In this paper, we apply Bayesian procedures as a numerical tool for the estimation of a female labor supply model based on a sample size which is typical for common household panels. We provide...
Persistent link: https://www.econbiz.de/10013106296
There are large differences between the microeconometeric estimates of the Frisch labor supply elasticity (0-0.5) and the values used by macroeconomists to calibrate general equilibrium models (2-4). The microeconometric estimates of the Frisch are typically estimated by regressing changes in...
Persistent link: https://www.econbiz.de/10013088973
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in estimates especially between micro and macro models are recently attributed to frictions and adjustment costs, we show that the variation in elasticities derived from structural labor...
Persistent link: https://www.econbiz.de/10012923202
Dynamic discrete choice models usually require a general specification of unobserved heterogeneity. In this paper, we apply Bayesian procedures as a numerical tool for the estimation of a female labor supply model based on a sample size which is typical for common household panels. We provide...
Persistent link: https://www.econbiz.de/10009537623