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Internal market structure analysis infers both brand attributes and consumer preferences for those attributes from preference or choice data. The authors exploit a new method for estimating probit models from panel data to infer market structures that can be displayed in few dimensions, even...
Persistent link: https://www.econbiz.de/10011113209
In this paper we discuss parameter identification and likelihood evaluation for multinomial multiperiod Probit models. It is shown in particular that the standard autoregressive specification used in the literature can be interpreted as a latent common factor model. However, this specification...
Persistent link: https://www.econbiz.de/10010296290
In this paper we discuss parameter identification and likelihood evaluation for multinomial multiperiod Probit models. It is shown in particular that the standard autoregressive specification used in the literature can be interpreted as a latent common factor model. However, this specification...
Persistent link: https://www.econbiz.de/10005082925
A phenomenon observed in many labor markets is that the supply of labor appears to depend on business cycles. In other words, workers who are searching for work become "discouraged" under unfavorable business cycle conditions because they believe that their chances of finding an acceptable job...
Persistent link: https://www.econbiz.de/10011968615
Discouraged workers are those who have given up search due to (perceived) low chances of obtaining work. In this paper we first develop a model for the probability of being in the labor force as a function of the probability of getting an acceptable job offer. This model is based on standard...
Persistent link: https://www.econbiz.de/10012145544
Discouraged workers are those who have given up search due to (perceived) low chances of obtaining work. In this paper we first develop a model for the probability of being in the labor force as a function of the probability of getting an acceptable job offer. This model is based on standard...
Persistent link: https://www.econbiz.de/10012005437
We consider estimating binary response models on an unbalanced panel, where the outcome of the dependent variable may be missing due to non-random selection, or there is self selection into a treatment. In the present paper, we first consider estimation of sample selection models and treatment...
Persistent link: https://www.econbiz.de/10011274579
Persistent link: https://www.econbiz.de/10005155560
We jointly model fertility and participation decisions of women who live in couple using a dynamic model. In this paper we analyze the labour supply and the fertility decisions of married or cohabiting women in France, Spain, Germany, UK and Denmark. We estimate, for the period going from 1994...
Persistent link: https://www.econbiz.de/10008544131
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Persistent link: https://www.econbiz.de/10005450612