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Estimation Of Permanent And Transitory Response Functions In Panel Data


Estimation Of Permanent And Transitory Response Functions In Panel Data
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Estimation Of Permanent And Transitory Response Functions In Panel Data


Estimation Of Permanent And Transitory Response Functions In Panel Data
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Author : Lee A. Lillard
language : en
Publisher:
Release Date : 1979

Estimation Of Permanent And Transitory Response Functions In Panel Data written by Lee A. Lillard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Labor supply categories.




Estimation Of Permanent And Transitory Response Functions In Panel Data


Estimation Of Permanent And Transitory Response Functions In Panel Data
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Author : Rand Corporation
language : en
Publisher:
Release Date : 1971

Estimation Of Permanent And Transitory Response Functions In Panel Data written by Rand Corporation and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with categories.




Estimation Of Permanent And Transitory Response Functions In Panels Data


Estimation Of Permanent And Transitory Response Functions In Panels Data
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Author : Lee A. Lillard
language : en
Publisher:
Release Date : 1977

Estimation Of Permanent And Transitory Response Functions In Panels Data written by Lee A. Lillard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with categories.


The purpose of this paper is to develop and test a dynamic labor supply model which incorporates the essential features of these previous models. The issues of permanent and transitory effects and of cross section versus time series can be addressed much more directly given the recent availability of panel data featuring repeated observation over extended periods of time of the same individuals. The labor supply model presented emphasizes the effect of permanent individual wage differences on permanent annual hours of work and the effect of serially correlated transitory individual wage variation on short run hours of work. Permanent and transitory deviations from the aggregate labor supply functions are also allowed. A by-product is an analysis of the relative roles of permanent and transitory components of both wages and hours in the distribution of earnings. The first section introduces the topic and describes related works. The second section provides a description of the essential features of the model. Section III provides a detailed outline of the empirical model and method of obtaining maximum likelihood estimates of parameters. Section IV provides a discussion of the results including the components of variation in wages, hours, and earnings. Comparisons are made by schooling group, by experience group, by union status, and by wife's work status. Finally the results are summarized in Section V.



The Econometrics Of Panel Data


The Econometrics Of Panel Data
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Author : László Mátyás
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-12-01

The Econometrics Of Panel Data written by László Mátyás and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-01 with Business & Economics categories.


The aim of this volume is to provide a general overview of the econometrics of panel data, both from a theoretical and from an applied viewpoint. Since the pioneering papers by Edwin Kuh (1959), Yair Mundlak (1961), Irving Hoch (1962), and Pietro Balestra and Marc Nerlove (1966), the pooling of cross sections and time series data has become an increasingly popular way of quantifying economic relationships. Each series provides information lacking in the other, so a combination of both leads to more accurate and reliable results than would be achievable by one type of series alone. Over the last 30 years much work has been done: investigation of the properties of the applied estimators and test statistics, analysis of dynamic models and the effects of eventual measurement errors, etc. These are just some of the problems addressed by this work. In addition, some specific diffi culties associated with the use of panel data, such as attrition, heterogeneity, selectivity bias, pseudo panels etc., have also been explored. The first objective of this book, which takes up Parts I and II, is to give as complete and up-to-date a presentation of these theoretical developments as possible. Part I is concerned with classical linear models and their extensions; Part II deals with nonlinear models and related issues: logit and pro bit models, latent variable models, duration and count data models, incomplete panels and selectivity bias, point processes, and simulation techniques.



Longitudinal Surveys And Labor Market Analysis


Longitudinal Surveys And Labor Market Analysis
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Author : Edward D. Kalachek
language : en
Publisher:
Release Date : 1978

Longitudinal Surveys And Labor Market Analysis written by Edward D. Kalachek and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Government publications categories.




Labor Supply And Public Policy


Labor Supply And Public Policy
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Author : Michael C. Keeley
language : en
Publisher: Elsevier
Release Date : 2013-09-11

Labor Supply And Public Policy written by Michael C. Keeley and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-11 with Political Science categories.


Labor Supply and Public Policy: A Critical Review deals with the theoretical and empirical econometric research done on the determinants of labor supply and with the effects of public policies on labor supply. This book reviews the various estimates made from studies concerning the economics of labor supply and evaluates the econometric methods that these studies have used. This text also analyzes the labor-supply phenomena, the costs of the different public programs, as well as, the implications of the empirical findings of these studies. The emphasis is on empirical research: many policies that are made depend on the scale of changes in the wage rates and non-market (household) income on hours of work. This book also focuses more on the determinants of the allocation of time between the market and household sectors. The text notes that by using the means of the estimates in the different studies under review, the labor-supply response to public policies involving net wages or income, shows a substantial (but not overwhelming) reaction. This book then correlates this finding with the tax and transfer programs, such as food stamps, unemployment insurance, AFDC (aid to families with dependent children), and NIT (negative income tax). This book is suitable for economists, social workers, and policy makers who are involved in social services, community development, welfare, taxation, labor, and employment.



Empirical Studies Of Earnings Mobility


Empirical Studies Of Earnings Mobility
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Author : A. Atkinson
language : en
Publisher: Taylor & Francis
Release Date : 2013-07-04

Empirical Studies Of Earnings Mobility written by A. Atkinson and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-04 with Business & Economics categories.


Do individuals keep the same place on the earnings scale, or is there a great deal of mobility? This volume discusses the empirical studies of this issue.



Work Time And Employment


Work Time And Employment
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Author : United States. National Commission for Manpower Policy
language : en
Publisher:
Release Date : 1979

Work Time And Employment written by United States. National Commission for Manpower Policy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Flextime categories.




Background Paper


Background Paper
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Author : United States. National Commission on Employment and Unemployment Statistics
language : en
Publisher:
Release Date : 1978

Background Paper written by United States. National Commission on Employment and Unemployment Statistics and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Labor supply categories.




Data Collection Processing And Presentation


Data Collection Processing And Presentation
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Author : United States. National Commission on Employment and Unemployment Statistics
language : en
Publisher:
Release Date : 1980

Data Collection Processing And Presentation written by United States. National Commission on Employment and Unemployment Statistics and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with Labor supply categories.