Empirical Methods for the Study of Labour Force Dynamics
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A01=Kenneth Wolpin
Author_Kenneth Wolpin
Baseline Hazard
Category=KCF
Comparative Static Predictions
Conditional Choice Probabilities
Duration Function
econometric transition models
Empirical Hazard Functions
empirical labour market dynamics
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Finite Horizon
Hazard Rate
Infinite Horizon
Infinite Horizon Case
Infinite Horizon Model
job
Job Search
Job Search Model
job search theory
labor
Labor Force Dynamics
Labor Force Transitions
labour economics research
model
Non-employment States
Non-market Time
Nonemployment States
offer
partial equilibrium analysis
probability
Reduced Form Approaches
reservation
Reservation Wage
search
Search Model
spells
unemployment
Unemployment Duration
unemployment modelling
Unemployment Spell
wage
Wage Draw
Wage Offer
Wage Offer Distributions
wage-tenure analysis
Product details
- ISBN 9780415866088
- Weight: 158g
- Dimensions: 138 x 216mm
- Publication Date: 28 Aug 2013
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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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.
Kenneth I. Wolpin University of Pennsylvania USA
