EconStor >
IFAU - Institute for Evaluation of Labour Market and Education Policy, Uppsala >
Working Papers, IFAU - Institute for Evaluation of Labour Market and Education Policy >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/45745
  
Title:Job durations with worker and firm specific effects: MCMC estimation with longitudinal employer-employee data PDF Logo
Authors:Horny, Guillaume
Mendes, Rute
van den Berg, Gerard J.
Issue Date:2009
Series/Report no.:Working paper // IFAU - Institute for Labour Market Policy Evaluation 2009:4
Abstract:We study job durations using a multivariate hazard model allowing for workerspecific and firm-specific unobserved determinants. The latter are captured by unobserved heterogeneity terms or random effects, one at the firm level and another at the worker level. This enables us to decompose the variation in job durations into the relative contribution of the worker and the firm. We also allow the unobserved terms to be correlated. For the empirical analysis we use a Portuguese longitudinal matched employer-employee data set. The model is estimated with a Bayesian Markov Chain Monte Carlo (MCMC) estimation method. The results imply that firm characteristics explain around 30% of the variation in log job durations. In addition, we find a positive correlation between unobserved worker and firm characteristics.
Subjects:Job transitions
assortative matching
Gibbs sampling
frailties
dynamic models
matched employer-employee data
JEL:C99
J64
J68
Document Type:Working Paper
Appears in Collections:Working Papers, IFAU - Institute for Evaluation of Labour Market and Education Policy

Files in This Item:
File Description SizeFormat
592508048.pdf1 MBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/45745

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.