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Author : Insong Jang
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (595 download)
Download or read book Nonparametric Analysis of Cross Section Labor Supply Curves written by Insong Jang and published by . This book was released on 1998 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Insong Jang
Publisher :
ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.3/5 (121 download)
Download or read book Nonparametric Analysis of Consumer Expenditure Survey written by Insong Jang and published by . This book was released on 1998 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Laurens Cherchye
Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (836 download)
Download or read book Nonparametric Analysis of Household Labor Supply: Goodness-of-it and Power of the Unitary and the Collective Model written by Laurens Cherchye and published by . This book was released on 2006 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Yongsung Chang
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (116 download)
Download or read book Cross-sectional and Aggregate Labor Supply written by Yongsung Chang and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Standard heterogeneous agent macro models that highlight idiosyncratic productivity shocks do not generate the near zero cross-sectional correlation between hours and wages found in the data. We ask whether matching this moment matters for business cycle properties of these models. To do this we explore two extensions of the model in Chang et al. (2019) that can match this empirical cross-section correlation. One of these departs from the assumption of balanced growth preferences. The other introduces an idiosyncratic shock to the opportunity cost of market work that is highly correlated with the shock to market productivity. While both extensions can match the empirical correlation, they have large and opposing effects on the cyclical volatility of the labor market. We conclude that the cross-sectional moment is important for business cycle analysis and that more work is needed to distinguish the potential mechanisms that can generate it.
Author : Preston Mui
Publisher :
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.:/5 (113 download)
Download or read book The Aggregate Labor Supply Curve at the Extensive Margin written by Preston Mui and published by . This book was released on 2019 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: We present a theoretically robust and empirically tractable representation of the aggregate labor supply curve at the extensive (employment) margin. First, we introduce the simple and basic concept of the reservation wedge: the hypothetical percent shift in an individual's potential earnings required to render her indifferent between employment and nonemployment. This concept generalizes reservation wages to the context of heterogeneity in earnings. For any given specific model, the reservation wedge serves as the sole scalar sufficient statistic for employment preferences. The CDF of the reservation wedges is the aggregate labor supply curve at the extensive margin. Second, we directly measure the wedge distribution in a representative household survey -- thereby nonparametrically mapping out the global labor supply curve of the U.S. population. For small deviations, the empirical curve exhibits large Frisch elasticities above 3, hence locally consistent with business cycle evidence. Rather than constant, the empirical arc elasticities shrink towards 0.5 for larger, upward shifts, thereby potentially also reconciling large local elasticities with the small arc elasticities implied by recent quasi-experimental evidence from tax holidays. Third, in a model meta-analysis, existing models would fail to match the global shape of this empirical curve. Fourth, we engineer one model to fit the empirical curve. A business cycle accounting exercise reveals that this fitted model (under the assumption of efficient rationing) would help reconcile cyclical employment fluctuations with labor supply.
Author : Nils Sören Blomquist
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (61 download)
Download or read book Nonparametric Estimation of Labor Supply Functions Generated by Piece Wise Linear Budget Constraints written by Nils Sören Blomquist and published by . This book was released on 1997 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Arthur van Soest
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (18 download)
Download or read book A Structural Labor Supply Model with Nonparametric Preferences written by Arthur van Soest and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Laurens Cherchye
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (248 download)
Download or read book Nonparametric Analysis of Household Labour Supply written by Laurens Cherchye and published by . This book was released on 2003 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Che-Yuan Liang
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Nonparametric Structural Estimation of Labor Supply in the Presence of Censoring written by Che-Yuan Liang and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper extends the nonparametric structural method to estimate labor supply developed by Blomquist and Newey (2002) to handle cases in which there are individuals who do not work. The method is then applied to married women in Sweden from 1973 to 1999. I find an uncompensated wage elasticity of 0.98 and an income elasticity of 0.10, with the participation margin accounting for one third of the wage elasticity and two thirds of the income elasticity. The elasticities vary, however, a lot over time due to differences in tax systems and demographics. I also find results consistent with tax rates being around the net government revenue maximizing rates.
Author : Aman Ullah
Publisher : CRC Press
ISBN 13 : 9781420070361
Total Pages : 532 pages
Book Rating : 4.0/5 (73 download)
Download or read book Handbook of Empirical Economics and Finance written by Aman Ullah and published by CRC Press. This book was released on 2016-04-19 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Empirical Economics and Finance explores the latest developments in the analysis and modeling of economic and financial data. Well-recognized econometric experts discuss the rapidly growing research in economics and finance and offer insight on the future direction of these fields. Focusing on micro models, the first group of chapters describes the statistical issues involved in the analysis of econometric models with cross-sectional data often arising in microeconomics. The book then illustrates time series models that are extensively used in empirical macroeconomics and finance. The last set of chapters explores the types of panel data and spatial models that are becoming increasingly significant in analyzing complex economic behavior and policy evaluations. This handbook brings together both background material and new methodological and applied results that are extremely important to the current and future frontiers in empirical economics and finance. It emphasizes inferential issues that transpire in the analysis of cross-sectional, time series, and panel data-based empirical models in economics, finance, and related disciplines.
Author :
Publisher :
ISBN 13 :
Total Pages : 610 pages
Book Rating : 4.F/5 ( download)
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2005 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Alan P. Kirman
Publisher : Clarendon Press
ISBN 13 : 0191521876
Total Pages : 370 pages
Book Rating : 4.1/5 (915 download)
Download or read book Economics Beyond the Millennium written by Alan P. Kirman and published by Clarendon Press. This book was released on 1999-09-09 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics: Beyond the Millennium contains articles by leading authorities in various fields of economic theory and econometrics, each of whom gives an account of the current state of the art in their own field and indicate the direction that they think it will take in the next ten years. The fields covered are grouped into three categories: the microfoundations of macroeconomics, where Malinvaud evaluates the theory of resource allocation and Hildenbrand examines the empirical content of economic thories; markets and and organizations, where both Gabszewicz and D'Aspremont et al. look at imperfect competition and general equilibrium, Scotchmer and Thiess consider spatial economics, Ponssard the future of managerial economics, while Van Damme looks at the next stage of game theory; and econometrics, where Gourieroux reviews econometric modelling in general, Maravall looks at time series, Lubrand and Bauwens examine Bayesian analysis, and Blundell looks at the rapidly expanding area of microeconometrics.
Author : Truman F. Bewley
Publisher : Cambridge University Press
ISBN 13 : 9780521467254
Total Pages : 276 pages
Book Rating : 4.4/5 (672 download)
Download or read book Advances in Econometrics: Volume 2 written by Truman F. Bewley and published by Cambridge University Press. This book was released on 1994-11-25 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: With its focus on econometrics, this second volume contains key papers delivered at the Fifth World Congress in 1985.
Author : Christian Bontemps
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.E/5 ( download)
Download or read book Equilibrium Search with Continous Productivity Dispersion: Theory and Non-parametric Estimation written by Christian Bontemps and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 998 pages
Book Rating : 4.3/5 (91 download)
Download or read book Bibliographie der Wirtschaftswissenschaften written by and published by . This book was released on 1999 with total page 998 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Orley Ashenfelter
Publisher : Elsevier
ISBN 13 : 9780444501899
Total Pages : 800 pages
Book Rating : 4.5/5 (18 download)
Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 1999-11-18 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the continually evolving field of labour economics.
Author : Cheng Hsiao
Publisher : Cambridge University Press
ISBN 13 : 131651210X
Total Pages : 539 pages
Book Rating : 4.3/5 (165 download)
Download or read book Analysis of Panel Data written by Cheng Hsiao and published by Cambridge University Press. This book was released on 2022-07-07 with total page 539 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive introduction of fundamental panel data methodologies.
