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| Author | : Christopher J. Flinn |
| Publisher | : |
| Total Pages | : 98 |
| Release | : 1981 |
| Genre | : Econometrics |
| ISBN | : |
| Author | : Christopher J. Flinn |
| Publisher | : |
| Total Pages | : 94 |
| Release | : 1982 |
| Genre | : Econometrics |
| ISBN | : |
This paper presents new econometric methods for the empirical analysis of individual labor market histories. The techniques developed here extend previous work on continuous time models in four ways: (1) A structural economic interpretation of these models is presented. (2) Time varying explanatory variables are introduced into the analysis in a general way. (3) Unobserved heterogeneity components are permitted to be correlated across spells. (4) A flexible model of duration dependence is presented that accommodates many previous models as a special case and that permits tests among competing specifications within a unified framework. We contrast our methods with more conventional discrete time and regression procedures. The parameters of continuous time models are in- variant to the sampling time unit used to record observations. Problems plague the regression approach to analyzing duration data which do not plague the likelihood approach advocated in this paper. The regression approach cannot be readily adopted to accommodate time varying explanatory variables. The functional forms of regression functions depend on the time paths of the explanatory variables. Ad hoc solutions to this problem can make exogenous variables endogenous to the model and so can induce simultaneous equations bias. Two sets of empirical results are presented. A major conclusion of the first analysis is that the discrete time Markov model widely used in labor market analysis is inconsistent with the data. The second set of empirical results is a test of the hypothesis that "unemployment" and "out of the labor force" are behaviorally different labor market states. Contrary to recent claims, we find that they are separate states for our sample of young men
| Author | : Kenneth Wolpin |
| Publisher | : Routledge |
| Total Pages | : 112 |
| Release | : 2013-10-11 |
| Genre | : Business & Economics |
| ISBN | : 1136459480 |
In the last twenty years there has been an explosion of economic research on labor force dynamics; the movement of individuals between labor force states. This book focuses on the methods by which behavioral theories of labor force dynamics have been empirically implemented. Most attention is paid to the partial equilibrium two-state transitional model of job search behavior. That model is the foundation for much of our thinking about the nature of unemployment at both the individual and aggregate levels. Although the basic formulation has remained the same, approaches to the empirical implementation of such models has changed dramatically.
| Author | : Kenneth I. Wolpin |
| Publisher | : Psychology Press |
| Total Pages | : 112 |
| Release | : 2001 |
| Genre | : Business & Economics |
| ISBN | : 9780415269407 |
In the last twenty years there has been an explosion of economic research on labour force dynamics. This book focuses on the methods by which behavioural theories of labour force dynamics have been empirically implemented.
| Author | : Henning Bunzel |
| Publisher | : Emerald Group Publishing |
| Total Pages | : 613 |
| Release | : 2006-03-30 |
| Genre | : Business & Economics |
| ISBN | : 0444520899 |
Selected papers from a conference held in honour of Professor Dale T. Mortensen upon the occasion of his 65th birthday. It includes papers on some of Professor Dale T. Mortensen's current research topics, as well as additional theoretical papers, and micro- and macro-econometric papers.
| Author | : Clifford C. Clogg |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 292 |
| Release | : 2001-12-31 |
| Genre | : Business & Economics |
| ISBN | : 9780306465376 |
With the passing of Clifford Collier Clogg at the age of 45 on May 7th 1995, the world lost a talented sociologist, demographer, and statistician all at once. In addition to being a considerable talent in each of these three disciplines, and perhaps more importantly, Cliff was the type of person who brought to gether diverse elements and scholars from all three. Cliff was also a consum mate mentor, nurturing ideas and students and always striving to bring out the best in both. Perhaps nothing illustrates the stature, impact, and respect others held for Cliff more than the fact that never before-and never since has an individual been honored at the time of his death with ceremonies from the national associations of all three of these disciplines. The purpose of this book is to introduce to a broad constituency of social scientists and their students some of the basic ideas in the study of the labor force that Cliff and his colleagues had grappled with. At the time of Cliff's death, he was perhaps better known for his methodological contributions to sociology and demography than he was for his substantive contributions to the study of social stratification and the labor force. Our goal is to highlight Cliff's substantive contributions to sociology and demography by telling the cumulative story of his research and adding updated analysis that advances the story beyond the early 1980s to the mid-1990s.
| Author | : Guillaume R. Fréchette |
| Publisher | : |
| Total Pages | : 491 |
| Release | : 2015 |
| Genre | : Business & Economics |
| ISBN | : 0195328329 |
The Handbook of Experimental Economic Methodology, edited by Guillaume R. Fr chette and Andrew Schotter, aims to confront and debate the issues faced by the growing field of experimental economics. For example, as experimental work attempts to test theory, it raises questions about the proper relationship between theory and experiments. As experimental results are used to inform policy, the utility of these results outside the lab is questioned, and finally, as experimental economics tries to integrate ideas from other disciplines like psychology and neuroscience, the question of their proper place in the discipline of economics becomes less clear. This book contains papers written by some of the most accomplished scholars working at the intersection of experimental, behavioral, and theoretical economics talking about methodology. It is divided into four sections, each of which features a set of papers and a set of comments on those papers. The intention of the volume is to offer a place where ideas about methodology could be discussed and even argued. Some of the papers are contentious---a healthy sign of a dynamic discipline---while others lay out a vision for how the authors think experimental economics should be pursued. This exciting and illuminating collection of papers brings light to a topic at the core of experimental economics. Researchers from a broad range of fields will benefit from the exploration of these important questions.
| Author | : Klaus F. Zimmermann |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 431 |
| Release | : 2012-12-06 |
| Genre | : Political Science |
| ISBN | : 364255573X |
During the last decades the appearance of a family has changed substantially. Not long ago a typical family consisted of an employed man and a home-managing woman living together for their whole life times, and having one or more children, which primarily were raised by the wife. Today differing living models are much more common than before. House husbands, late motherhood, and a delayed work entry of the children are some of the related phenomena, which at the same time are reasons for and consequences of the changed view on the favorite family. Not surprisingly, this change has provoked much scientific interest. In this book we present a collection of recent economic research work on the resources management and development of families and households respectively. Assorting three general topics, we focus on the time allocation within the household, the family structure and development, and the transition to work of young adults.
| Author | : James H. Johnson |
| Publisher | : Routledge |
| Total Pages | : 222 |
| Release | : 2018-12-07 |
| Genre | : Business & Economics |
| ISBN | : 0429676786 |
First published in 1990. This edited work brings together a collection of studies, by an international team of contributors, on inter-urban migration, which is largely dominated by labour migration. The structure of the book reflects the interaction of the supply and demand of labour and the information flows that make this possible. The book offers a multi-dimensional analysis of labour migration, including behavioural, economic and institutional approaches. It combines various scales of analysis, including the national scale, the occupational scale and the household scale. The study also examines labour migration in a variety of national contexts. It will be of particular value to professional geographers, economists and sociologists with an interest in the distribution of population and the labour force, planners with responsibility for the development of policy and some final year graduate students.
| Author | : Matthew O. Jackson |
| Publisher | : Princeton University Press |
| Total Pages | : 519 |
| Release | : 2010-11-01 |
| Genre | : Business & Economics |
| ISBN | : 140083399X |
Networks of relationships help determine the careers that people choose, the jobs they obtain, the products they buy, and how they vote. The many aspects of our lives that are governed by social networks make it critical to understand how they impact behavior, which network structures are likely to emerge in a society, and why we organize ourselves as we do. In Social and Economic Networks, Matthew Jackson offers a comprehensive introduction to social and economic networks, drawing on the latest findings in economics, sociology, computer science, physics, and mathematics. He provides empirical background on networks and the regularities that they exhibit, and discusses random graph-based models and strategic models of network formation. He helps readers to understand behavior in networked societies, with a detailed analysis of learning and diffusion in networks, decision making by individuals who are influenced by their social neighbors, game theory and markets on networks, and a host of related subjects. Jackson also describes the varied statistical and modeling techniques used to analyze social networks. Each chapter includes exercises to aid students in their analysis of how networks function. This book is an indispensable resource for students and researchers in economics, mathematics, physics, sociology, and business.
