| Publisher | Federal Reserve Board | ||
|---|---|---|---|
| Format | 423.1KB PDF, requires Acrobat Rdr 5 | Date added | 01 Oct 1999 |
| Topics | Economic Modeling | ||
| Downloads | 28 | ||
Several analysts claim that firms have been using more flexible work arrangements in order to contain the costly adjustment of labor to changes in economic conditions. In particular, temporary help supply (THS) employment as increased dramatically in the last ten years.In this paper we estimate a discrete choice model of whether a THS worker is actually working in the anufacturing sector using the Contingent Worker Supplement to the CPS of February 1995 and February 1997-these surveys constitute the only direct evidence on where THS employees actually work.Subsequently, we use the estimated coefficients to compute the proportion of THS workers in that sector in other years using the CPS March tapes. The advantage of this methodology is that it uses well-know statistical methods to get point identification for the parameters under study. The disadvantage is that the parameters of the model are assumed to be constant over time.
Related white papers
8 Strategies to Transform the Economics of Retailing
Through creative strategies, enabled by powerful technology, retailers now have the unprecedented opportunity to transform the economics of their businesses. Download this FREE white paper to learn more about 8...
Small Business Success Story: How one company achieved fast and simple success with their customers by using Intelligent Information Transport Platform
Schalleur, Devine & Surgent (SDS) is a mid-sized Certified Public Accounting agency with over 30 employees comprised of CPAs, university professors and other certified professionals based in Devon, Pennsylvania. ...
Activity-Based Cost Management in the Public Sector: Enabling "More for Less" Initiatives With Fact-Based Decision Making
Activity-Based Concepts (ABC) are very powerful techniques for creating valid economic cost models of organizations. By using the lens of ABC/M, organizations of all sizes and types can develop the...
The State of the Art in Finance
Benchmarking is an important tool that finance organizations use to stay competitive. It allows them to determine the value of adopting best practices and changing business processes. To assess the...
White Paper Spotlight: "IT Outsourcing Essentials" Research Series from IT Consulting Int'l
Inside Volume I - "Collaboration Fundamentals: Preventing Client/Vendor Process Mismatch"
* A Process Compatibility Matrix Diagram
* Real Life Process Mismatch Examples
* Visual Aid to Decision Framework
Improving Profitability
This webcast talks about the current condition of different sectors of the insurance industry. What are the biggest external problems faced by different sectors of the insurance industry. Which areas...
The Role of Chartists and Fundamentalists in Currency Markets: the Experience of Australia, Canada and New Zealand
In an ideal world, monetary authorities would be able to distinguish between exchange rate movements caused by changing economic fundamentals and those driven solely by speculative whim. In cases where...



