Wales and Woodland (1983) have proposed an econometric model to
deal with non-negativity constraints in systems of demand equations.
This paper points out the relationship between the Wales—Woodland model
and the "simultaneous Tobit" model of Amemiya (1974). This relationship
is…

This paper presents data on airline mechanics at eight of the
largest U.S. airlines and describes the impact of the 1978 Airline
Deregulation Act on their wage rates and employment levels. The major
findings are: (1) up to 1983, real…

According to the family utility function approach, the labor supply
functions of married men should differ according to whether or not their
wives also work. In this paper I explicitly model the switching nature
of labor supply while also accounting…

The labor supply of female household heads is distributed across a wide
variety of hours and weeks choices. This papers explores the differential
nature of the weeks per year and hours per week decisions among female heads.
A model of…

The paper specifies a disequilibrium model for the aggregate
labor market consisting of demand and supply functions for labor,
an adjustment equation for wages as well as for prices, a
transactions equation and, finally, an equation that relates
measured unemployment…

This paper presents a method for assessing the impact of external,
national, and sectoral shocks on Canadian employment fluctuations at the
national, industry, and provincial levels. Special attention is given to the
contribution of sectoral shocks to aggregate employment fluctuations.…

This paper tests the rational expectations lifecycle model of consumption
against (i) a simple Keynesian model and (ii) the rational expectations
lifecycle model with imperfect capital markets. The tests are based upon the
relative responsiveness of consumption to income changes…

La presente memoria consta de 3 capítulos en donde se realizan estudios de los problemas de contraste de hipótesis acerca de la bondad de modelos ARMA y MARMA de series temporales. ... ize: 12pt">Desde los estudios precursores de una nueva…

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