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PRODID:-//Indira Gandhi Institute of Development Research - ECPv4.1.2//NONSGML v1.0//EN
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X-WR-CALNAME:Indira Gandhi Institute of Development Research
X-ORIGINAL-URL:http://www.igidr.ac.in
X-WR-CALDESC:Events for Indira Gandhi Institute of Development Research
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DTSTART;TZID=Asia/Kolkata:20170403T163000
DTEND;TZID=Asia/Kolkata:20170403T173000
DTSTAMP:20260424T220011
CREATED:20170403T095946
LAST-MODIFIED:20170403T095946
UID:4342-1491237000-1491240600@www.igidr.ac.in
SUMMARY:Seminar: Estimating Labor Force Joiners and Leavers Using A Heterogeneity Augmented Two-Tier Stochastic Frontier
DESCRIPTION:Dr. Tirthatanmoy Das will be presenting a seminar (through Skype) on 3rd April 2017 at 4.30 P.M. at SEANZA Conference Hall.\n\nAbstract: We derive a non-standard unit root serial correlation formulation for intertemporal adjustments in the labor force participation rate. This leads to a tractable three-error component model\, which in contrast to other models embeds heterogeneity into the error structure. Unlike in the typical iid three-error component two-tier stochastic frontier model\, our equation’s error components are independent but not identically distributed. This leads to a complex nonlinear likelihood function requiring identification through a two-step estimation procedure\, which we estimate using Current Population Survey (CPS) data. By transforming the basic equation linking labor force participation to the working age population\, this paper devises a new method which can be used to identify labor market joiners and leavers. The method’s advantage is its parsimonious data requirements\, especially alleviating the need for survey based longitudinal data.\n\nClick here for details\n\n   
URL:http://www.igidr.ac.in/seminars/seminar-estimating-labor-force-joiners-leavers-using-heterogeneity-augmented-two-tier-stochastic-frontier/
LOCATION:IGIDR\, Mumbai\, Maharashtra\, India
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