Empirical Methods For The Study Of Labor Force Dynamics
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Empirical Methods For The Study Of Labour Force Dynamics
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Author : Kenneth Wolpin
language : en
Publisher: Routledge
Release Date : 2013-10-11
Empirical Methods For The Study Of Labour Force Dynamics written by Kenneth Wolpin and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-11 with Business & Economics categories.
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.
Empirical Methods For The Study Of Labor Force Dynamics
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Author : Kenneth I. Wolpin
language : en
Publisher: Psychology Press
Release Date : 2001
Empirical Methods For The Study Of Labor Force Dynamics written by Kenneth I. Wolpin and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
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.
Labour Economics
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Author : Keneth I. Wolpin
language : en
Publisher:
Release Date : 2001
Labour Economics written by Keneth I. Wolpin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
Labor Markets And Employment Relationships
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Author : Joyce Jacobsen
language : en
Publisher: John Wiley & Sons
Release Date : 2008-04-15
Labor Markets And Employment Relationships written by Joyce Jacobsen and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-15 with Business & Economics categories.
This innovative text grounds the economic analysis of labor markets and employment relationships in a unified theoretical treatment of labor exchange conditions. In addition to providing thorough coverage of standard topics including labor supply and demand, human capital theory, and compensating wage differentials, the text draws on game theory and the economics of information to study the implications of key departures from perfectly competitive labor market conditions. Analytical results are consistently applied to contemporary policy issues and empirical debates. Provides a coherent theoretical framework for the analysis of labor market phenomena Features graphical in-chapter analysis supplemented by technical material in appendices Incorporates numerous end-of-chapter questions that engage the analysis and anticipate subsequent results Includes innovative chapters on employee compensation methods, market segmentation, income inequality and labor market dynamics Balances theoretical, empirical and policy analysis
Models For The Analysis Of Labor Force Dynamics
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Author : Christopher J. Flinn
language : en
Publisher:
Release Date : 1982
Models For The Analysis Of Labor Force Dynamics written by Christopher J. Flinn and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Econometrics categories.
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
Empirical Labor Economics
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Author : Theresa J. Devine
language : en
Publisher: Oxford University Press
Release Date : 1991-02-28
Empirical Labor Economics written by Theresa J. Devine and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-02-28 with Business & Economics categories.
Presenting a complete survey of labor economics from the search point of view, this is the first book to coordinate a vast and scattered literature, making an increasingly important and sophisticated area in modern applied economics readily accessible. Completely comprehensive, Empirical Labor Economics covers not only sequential and random search, but all stochastic models of the labor market, and treats underlying economic theory and econometric methods as needed. It examines structural search models, studies directed at particular policy questions--such as the effect of unemployment benefits on unemployment durations--and simple descriptive studies, considering data from all over the world. With valuable summaries and trenchant assessments of the strengths and weaknesses of the search approach, Empirical Labor Economics is essential for those embarking on labor market research.
New Methods For Analyzing Structural Models Of Labor Force Dynamics
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Author : Christopher J. Flinn
language : en
Publisher:
Release Date : 1981
New Methods For Analyzing Structural Models Of Labor Force Dynamics written by Christopher J. Flinn and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Econometrics categories.
Handbook Of Labor Economics
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Author : Orley Ashenfelter
language : en
Publisher: Elsevier
Release Date : 2010-10-28
Handbook Of Labor Economics written by Orley Ashenfelter and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10-28 with Social Science categories.
What new tools and models are enriching labor economics? "Developments in Research Methods and their Application" (volume 4A) summarizes recent advances in the ways economists study wages, employment, and labor markets. Mixing conceptual models and empirical work, contributors cover subjects as diverse as field and laboratory experiments, program evaluation, and behavioral models. The combinations of these improved empirical findings with new models reveal how labor economists are developing new and innovative ways to measure key parameters and test important hypotheses. Investigates recent advances in methods and models used in labor economics Demonstrates what these new tools and techniques can accomplish Documents how conceptual models and empirical work explain important practical issues
Advances In Economics And Econometrics Theory And Applications
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Author : Econometric Society. World Congress
language : en
Publisher: Cambridge University Press
Release Date : 1997-02-20
Advances In Economics And Econometrics Theory And Applications written by Econometric Society. World Congress and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-02-20 with Business & Economics categories.
This book is the third of three volumes containing papers presented at the Seventh World Congress of the Econometric Society. The papers summarize and interpret key recent developments and discuss current and future directions in a wide range of topics in economics and econometrics. They cover both theory and applications. Authored by leading specialists in their fields these volumes provide a unique survey of progress in the discipline.
The Limits Of Inference Without Theory
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Author : Kenneth I. Wolpin
language : en
Publisher: MIT Press
Release Date : 2013-04-26
The Limits Of Inference Without Theory written by Kenneth I. Wolpin and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-26 with Business & Economics categories.
The role of theory in ex ante policy evaluations and the limits that eschewing theory places on inference In this rigorous and well-crafted work, Kenneth Wolpin examines the role of theory in inferential empirical work in economics and the social sciences in general—that is, any research that uses raw data to go beyond the mere statement of fact or the tabulation of statistics. He considers in particular the limits that eschewing the use of theory places on inference. Wolpin finds that the absence of theory in inferential work that addresses microeconomic issues is pervasive. That theory is unnecessary for inference is exemplified by the expression “let the data speak for themselves.” This approach is often called “reduced form.” A more nuanced view is based on the use of experiments or quasi-experiments to draw inferences. Atheoretical approaches stand in contrast to what is known as the structuralist approach, which requires that a researcher specify an explicit model of economic behavior—that is, a theory. Wolpin offers a rigorous examination of both structuralist and nonstructuralist approaches. He first considers ex ante policy evaluation, highlighting the role of theory in the implementation of parametric and nonparametric estimation strategies. He illustrates these strategies with two examples, a wage tax and a school attendance subsidy, and summarizes the results from applications. He then presents a number of examples that illustrate the limits of inference without theory: the effect of unemployment benefits on unemployment duration; the effect of public welfare on women's labor market and demographic outcomes; the effect of school attainment on earnings; and a famous field experiment in education dealing with class size. Placing each example within the context of the broader literature, he contrasts them to recent work that relies on theory for inference.