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Details for article 9 of 11 found articles
| Title: |
Unidimensionality, asymmetry and (S,s) rules in labour demand |
| Author: |
Rota, Paola |
| Appeared in: |
Applied economics |
| Paging: | Volume 39 (2007) nr. 14 pages 1797-1815 |
| Year: |
2007-08 |
| Contents: |
We analyse the conditions under which an (S,s) rule may be implemented in the case of labour demand. The (S,s) rule implies a specific ordering of choices: downward adjustment, nonadjustment and upward adjustment with the decision of inaction lying crucially in the middle. This requires an exact negative relation between the choice-specific error terms. The particular ordering of choices implied may be estimated by an ordered probit. We test the (S,s) rule nesting the ordered probit within a multinomial model with correlated error terms. The restriction to a univariate error distribution is rejected by the data. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 9 of 11 found articles
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