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In this article we develop an Instrumental Variable estimation procedure that corrects for possible endogeneity of a variable in a duration model. We assume a Generalized Accelerated Failure Time (GAFT) model. This model is based on transforming the durations and assuming a distribution for...
Persistent link: https://www.econbiz.de/10010325958
In this article we develop an Instrumental Variable estimation procedure that corrects for possible endogeneity of a variable in a duration model. We assume a Generalized Accelerated Failure Time (GAFT) model. This model is based on transforming the durations and assuming a distribution for...
Persistent link: https://www.econbiz.de/10011256674
they are usually heavy censored. The hazard rate is invariant to censoring. Therefore, a natural choice is to model the …
Persistent link: https://www.econbiz.de/10010731885
In this article we develop an Instrumental Variable estimation procedure that corrects for possible endogeneity of a variable in a duration model. We assume a Generalized Accelerated Failure Time (GAFT) model. This model is based on transforming the durations and assuming a distribution for...
Persistent link: https://www.econbiz.de/10011374410
censoring. The treatment effect we define is in terms of shifting the quantiles of the outcome distribution based on the …
Persistent link: https://www.econbiz.de/10010731749
censoring. The treatment effect we define is in terms of shifting the quantiles of the outcome distribution based on the …
Persistent link: https://www.econbiz.de/10005703634
they are usually heavy censored. The hazard rate is invariant to censoring. Therefore, a natural choice is to model the …
Persistent link: https://www.econbiz.de/10005450884
This paper exploits a substantial reform of the Dutch UI law to study the effect of the entitlement period on job finding and subsequent labor market outcomes. Using detailed administrative data covering the full population we find that reducing the entitlement period increases the job finding...
Persistent link: https://www.econbiz.de/10010398362
While job search theory predicts that active labour market policies (ALMPs) can affect post-unemployment outcomes, empirical evaluations investigating transition rates have mostly focused on the impact of ALMPs on exit rates from the current unemployment spell. We use a social experiment, which...
Persistent link: https://www.econbiz.de/10010278480
This paper exploits a substantial reform of the Dutch UI law to study the effect of the entitlement period on job finding and subsequent labor market outcomes. Using detailed administrative data covering the full population we find that reducing the entitlement period increases the job finding...
Persistent link: https://www.econbiz.de/10010812508