Estimating the Parameters of Interest in a Job Search Model

Estimating the Parameters of Interest in a Job Search Model PDF Author: Wiji Narendranathan
Publisher:
ISBN:
Category : Job hunting
Languages : en
Pages : 30

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Proceedings

Proceedings PDF Author:
Publisher:
ISBN:
Category : Census
Languages : en
Pages : 732

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Unemployment, Search and Labour Supply

Unemployment, Search and Labour Supply PDF Author: Richard Blundell
Publisher: CUP Archive
ISBN: 9780521320276
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
This book brings together recent work analysing the labour market behaviour of agents, particularly with regard to unemployment, job search, and labour supply. It considers the economic and demographic factors involved, and in particular the responsiveness of labour market behaviour to changes in these factors. There has been considerable recent progress in the design of appropriate econometric techniques and models with which to confront labour market theories with available data. The contributions to this volume represent important extensions or applications by some of the foremost researchers in the field, provide tests of the available theories, and draw the consequent conclusions for policy. Subjects covered include unemployment, the duration of unemployment, the effects of insurance, benefits and taxation, youth unemployment, models of labour supply, and female participation. The contributors come from the USA, Canada, UK, France, Sweden, and Denmark.

Economic Modeling and Inference

Economic Modeling and Inference PDF Author: Bent Jesper Christensen
Publisher: Princeton University Press
ISBN: 1400833108
Category : Business & Economics
Languages : en
Pages : 488

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Book Description
Economic Modeling and Inference takes econometrics to a new level by demonstrating how to combine modern economic theory with the latest statistical inference methods to get the most out of economic data. This graduate-level textbook draws applications from both microeconomics and macroeconomics, paying special attention to financial and labor economics, with an emphasis throughout on what observations can tell us about stochastic dynamic models of rational optimizing behavior and equilibrium. Bent Jesper Christensen and Nicholas Kiefer show how parameters often thought estimable in applications are not identified even in simple dynamic programming models, and they investigate the roles of extensions, including measurement error, imperfect control, and random utility shocks for inference. When all implications of optimization and equilibrium are imposed in the empirical procedures, the resulting estimation problems are often nonstandard, with the estimators exhibiting nonregular asymptotic behavior such as short-ranked covariance, superconsistency, and non-Gaussianity. Christensen and Kiefer explore these properties in detail, covering areas including job search models of the labor market, asset pricing, option pricing, marketing, and retirement planning. Ideal for researchers and practitioners as well as students, Economic Modeling and Inference uses real-world data to illustrate how to derive the best results using a combination of theory and cutting-edge econometric techniques. Covers identification and estimation of dynamic programming models Treats sources of error--measurement error, random utility, and imperfect control Features financial applications including asset pricing, option pricing, and optimal hedging Describes labor applications including job search, equilibrium search, and retirement Illustrates the wide applicability of the approach using micro, macro, and marketing examples

Structural Models of Wage and Employment Dynamics

Structural Models of Wage and Employment Dynamics PDF Author: Henning Bunzel
Publisher: Emerald Group Publishing
ISBN: 0444520899
Category : Business & Economics
Languages : en
Pages : 613

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Book Description
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.

Job Search in a Dynamic Environment

Job Search in a Dynamic Environment PDF Author: Wiji Arulampalam
Publisher:
ISBN:
Category : Job evaluation
Languages : en
Pages : 58

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Empirical Methods for the Study of Labor Force Dynamics

Empirical Methods for the Study of Labor Force Dynamics PDF Author: Kenneth I. Wolpin
Publisher: Psychology Press
ISBN: 9780415269407
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
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.

Empirical Methods for the Study of Labour Force Dynamics

Empirical Methods for the Study of Labour Force Dynamics PDF Author: Kenneth Wolpin
Publisher: Routledge
ISBN: 1136459480
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
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.

Search Theory and Unemployment

Search Theory and Unemployment PDF Author: Stephen A. Woodbury
Publisher: Springer Science & Business Media
ISBN: 9401002355
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
Search Theory and Unemployment contains nine chapters that survey and extend the theory of job search and its application to the problem of unemployment. The volume ranges from surveys of job search theory that take microeconomic and macroeconomic perspectives to original theoretical contributions which focus on the externalities arising from non-sequential search and search under imperfect information. It includes a clear and authoritative survey of econometric methods that have been developed to estimate models of job search, as well as two lucid contributions to the empirical search literature. Finally, it includes a study that reviews and extends the literature on optimal unemployment insurance and concludes with an appraisal of the influence of search theory on the thinking of macroeconomic policymakers.

Appointments to the Budget Responsibility Committee

Appointments to the Budget Responsibility Committee PDF Author: Great Britain: Parliament: House of Commons: Treasury Committee
Publisher: The Stationery Office
ISBN: 9780215555274
Category : Political Science
Languages : en
Pages : 36

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Book Description
Appointments to the Budget Responsibility Committee : Fifth report of session 2010-11, Vol. 2: Oral and written Evidence