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In this paper, we construct a non-parametric estimator of the distributions of latent factors in linear independent multi-factor models under the assumption that factor loadings are known. Our approach allows estimation of the distributions of up to L(L+ 1)/2 factors given L measurements. The...
Persistent link: https://www.econbiz.de/10010638194
It is often argued that informal labor markets in developing countries promote growth by reducing the impact of regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage-posting framework of Burdett and Mortensen (1998) to allow...
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This paper develops the nonparametric identification of models with production complementarities, worker-firm specific disutility of labor and search frictions. Mobility in the model is subject to preference shocks, and we assume that firms can write wage contracts. We develop a constructive...
Persistent link: https://www.econbiz.de/10015070348
The aim of this paper is to provide simple nonparametric methods to estimate finitemixture models from data with repeated measurements. Three measurements suffice for the mixture to be fully identified and so our approach can be used even with very short panel data. We provide distribution...
Persistent link: https://www.econbiz.de/10010756353
Il existe une économie politique du redoublement dont il faut essayer de mettre à jour quelques ressorts : le redoublement est une modalité particulière de la gestion du système éducatif qui présente des coûts et des bénéfices et dont l’efficacité est mise en question depuis de...
Persistent link: https://www.econbiz.de/10010756371
La théorie micro-économique entend réduire au maximum le nombre d'hypothèses sur les goûts nécessaire à la construction des modèles de demande. Néanmoins aucun modèle n'atteint jamais la généralité absolue et certaines hypothèses sont même devenues tellement usuelles qu'on ne...
Persistent link: https://www.econbiz.de/10010756392
We develop an empirical search-matching model with productivity shocks so as to analyze policy interventions in a labor market with heterogeneous agents. To achieve this we develop an equilibrium model of wage determination and employment, which is consistent with key empirical facts. As such...
Persistent link: https://www.econbiz.de/10010756440