IDEAS home Printed from https://ideas.repec.org/a/ier/iecrev/v29y1988i4p755-89.html
   My bibliography  Save this article

Simulating Hedonic Labor Market Models: Computational Issues and Policy Applications

Author

Listed:
  • Kniesner, Thomas J
  • Leeth, John D

Abstract

This research demonstrates that much useful quantitative information concerning hedonic labor market equilibrium and the effects of disturbances to it can be obtained through the use of numerical simulation analysis. In particular, the authors (1) explore the general problems involved in numerically simulating hedonic labor market equilibrium; (2) determin e the sensitivity of wages to changes in the parameter values of the underlying structural equations; and (3) examine the labor market and economic welfare implications of some straightforward policy alternatives, including a tax on the firm based on its industrial injury experience. Copyright 1988 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.

Suggested Citation

  • Kniesner, Thomas J & Leeth, John D, 1988. "Simulating Hedonic Labor Market Models: Computational Issues and Policy Applications," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 29(4), pages 755-789, November.
  • Handle: RePEc:ier:iecrev:v:29:y:1988:i:4:p:755-89
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0020-6598%28198811%2929%3A4%3C755%3ASHLMMC%3E2.0.CO%3B2-5&origin=repec
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Heckman, James J. & Matzkin, Rosa & Nesheim, Lars, 2003. "Simulation and Estimation of Hedonic Models," IZA Discussion Papers 843, Institute for the Study of Labor (IZA).
    2. James J. Heckman & Rosa Matzkin & Lars Nesheim, 2003. "Simulation and Estimation of Nonaddative Hedonic Models," NBER Working Papers 9895, National Bureau of Economic Research, Inc.
    3. Denis Bolduc & Bernard Fortin & France Labrecque & Paul Lanoie, 1997. "Incentive Effects of Public Insurance Programs on the Occurence and the Composition of Workplace Injuries," CIRANO Working Papers 97s-24, CIRANO.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ier:iecrev:v:29:y:1988:i:4:p:755-89. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (). General contact details of provider: http://edirc.repec.org/data/deupaus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.