Journal Articles
http://hdl.handle.net/10453/92
2014-08-22T17:43:57ZThe gender wage gap during Serbia's transition
http://hdl.handle.net/10453/29061
The gender wage gap during Serbia's transition
Barrett, Garry; Kecmanovic, Milica
Using Labor Force Surveys for the period 2001-2005, we find that the mean gender wage gap is Low in Serbia and declined over this period. Decompositions show that the mean gap is not explained by differences in productive characteristics. Further, we find that the gender wage gap decreased across all conditional quantiles of the wage distribution. Women, on average, possess relatively more productive characteristics and receive higher returns to those attributes than men, which has more than offset the large residual component. Overall, women seem to have benefited in terms of their relative earnings in this first phase of transition in Serbia.
2011-01-01T00:00:00ZMen's wage inequality in Serbia's transition
http://hdl.handle.net/10453/29062
Men's wage inequality in Serbia's transition
Kecmanovic, Milica
Wage inequality is considered to have been quite compressed in socialist economies. In this paper I analyse how men's wage inequality has changed during the period of transition to a market economy in Serbia. a country which has experienced a particularly dramatic transition. Changes in the distribution of earnings are examined using the Lemieux (2002) decomposition methodology and five annual Labour Force Surveys (2001-2005). I find that the change in wage inequality is mostly driven by changes in wage premiums, while the effect of changes in the composition of the labour force is very small. Isolating the effect of the emerging private sector reveals that changes in the private sector size and wage premium account for an average 25 per cent of the changes in inequality during this period. Moreover, the minimum wage is found to exert a dampening effect on wage inequality
2012-01-01T00:00:00ZAn experimental study of collective deliberation
http://hdl.handle.net/10453/29064
An experimental study of collective deliberation
Goeree, Jacob; Yariv, Leeat
We study the effects of deliberation on collective decisions. In a series of experiments, we vary groups' preference distributions (between common and conflicting interests) and the institutions by which decisions are reached (simple majority, two-thirds majority, and unanimity). Without deliberation, different institutions generate significantly different outcomes, tracking the theoretical comparative statics. Deliberation, however, significantly diminishes institutional differences and uniformly improves efficiency. Furthermore, communication protocols exhibit an array of stable attributes: messages are public, consistently reveal private information, provide a good predictor for ultimate group choices, and follow particular (endogenous) sequencing
2011-01-01T00:00:00ZBayesian estimation of dynamic discrete choice models
http://hdl.handle.net/10453/29063
Bayesian estimation of dynamic discrete choice models
Imai, Susumu; Jain, Neelam; Ching, Andrew
We propose a new methodology for structural estimation of infinite horizon dynamic discrete choice models. We combine the dynamic programming (DP) solution algorithm with the Bayesian Markov chain Monte Carlo algorithm into a single algorithm that solves the DP problem and estimates the parameters simultaneously. As a result, the computational burden of estimating a dynamic model becomes comparable to that of a static model. Another feature of our algorithm is that even though the number of grid points on the state variable is small per solution-estimation iteration, the number of effective grid points increases with the number of estimation iterations. This is how we help ease the ?curse of dimensionality.? We simulate and estimate several versions of a simple model of entry and exit to illustrate our methodology. We also prove that under standard conditions, the parameters converge in probability to the true posterior distribution, regardless of the starting values.
2009-01-01T00:00:00Z