Modelling heterogeneity and dynamics in the volatility of individual wages

In this paper I consider a model for the heterogeneity and dynamics of the conditional mean and the conditional variance of standarized individual wages. In particular, I propose a dynamic panel data model with individual effects both in the mean and in a conditional ARCH type variance function. I p...

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Bibliographic details
Main Author: Hospido, Laura
Format: Journal Article
Language: English
Place of publication: Banco de España 2007
published in: Documentos de trabajo (Banco de España) no. 38; pp. 9 - 56
Data of publication: 2007
ISSN: 0213-2710
Discipline: Economics
Online Access: Fulltext
Database: Latindex
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