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Exit Rates (exit + rate)
Selected AbstractsKeeping nurses at work: a duration analysisHEALTH ECONOMICS, Issue 6 2002Tor Helge HolmåsArticle first published online: 9 AUG 200 Abstract A shortage of nurses is currently a problem in several countries, and an important question is therefore how one can increase the supply of nursing labour. In this paper, we focus on the issue of nurses leaving the public health sector by utilising a unique data set containing information on both the supply and demand side of the market. To describe the exit rate from the health sector we apply a semi-parametric hazard rate model. In the estimations, we correct for unobserved heterogeneity by both a parametric (Gamma) and a non-parametric approach. We find that both wages and working conditions have an impact on nurses' decision to quit. Furthermore, failing to correct for the fact that nurses' income partly consists of compensation for inconvenient working hours results in a considerable downward bias of the wage effect. Copyright © 2002 John Wiley & Sons, Ltd. [source] Exits from Self-Employment: Is There a Native-Immigrant Difference in Sweden?,INTERNATIONAL MIGRATION REVIEW, Issue 3 2010Pernilla Andersson Joona It is well established that non-western immigrants in Sweden are more likely to be self-employed than natives. Whether there is also a difference in the exit rate out of self-employment remains an unexplored question. Using panel data for the period 1998,2002, this study analyzes the exit rates by looking at all exits, and also at exits to different labor market states. We find that the exit rate is about 7% points higher among non-western immigrants than among natives and exits to unemployment is 14% points higher. Decomposing these differences, we find that differences in industry and earlier labor market status are important explanatory factors. [source] Inflow Composition, Duration Dependence and their Impact on the Unemployment Outflow Rate*OXFORD BULLETIN OF ECONOMICS & STATISTICS, Issue 1 2003Hélène Turon This paper presents estimates of the components of the dynamics of the unemployment outflow rate with British data. We allow both the composition of the inflow and individual duration dependence to vary over the business cycle. We find the inflow composition to be strongly countercyclical. Individual exit rates are found to be substatntially more sensitive to the business cycle than previously thought and than the average exit rate fluctuations suggest. Cyclical variations in duration dependence are not significant. With our estimates, fluctuations in the average exit rate out of the first year of unemployment are mainly accounted for by variations of individual exit rates, variation of inflow composition, and variation in the inflow level combined with the duration dependence phenomenon. [source] Estimating the Effects of a Time-Limited Earnings Subsidy for Welfare-LeaversECONOMETRICA, Issue 6 2005David Card In the Self Sufficiency Project (SSP) welfare demonstration, members of a randomly assigned treatment group could receive a subsidy for full-time work. The subsidy was available for 3 years, but only to people who began working full time within 12 months of random assignment. A simple optimizing model suggests that the eligibility rules created an "establishment" incentive to find a job and leave welfare within a year of random assignment, and an "entitlement" incentive to choose work over welfare once eligibility was established. Building on this insight, we develop an econometric model of welfare participation that allows us to separate the two effects and estimate the impact of the earnings subsidy on welfare entry and exit rates among those who achieved eligibility. The combination of the two incentives explains the time profile of the experimental impacts, which peaked 15 months after random assignment and faded relatively quickly. Our findings suggest that about half of the peak impact of SSP was attributable to the establishment incentive. Despite the extra work effort generated by SSP, the program had no lasting impact on wages and little or no long-run effect on welfare participation. [source] Does the profit motive make Jack nimble?HEALTH ECONOMICS, Issue 4 2006Ownership form, the evolution of the US hospital industry Abstract We examine the evolving structure of the US hospital industry since 1970, focusing on how ownership form influences entry and exit behavior. We develop theoretical predictions based on the model of Lakdawalla and Philipson, in which for-profit and not-for-profit hospitals differ regarding their objectives and costs of capital. The model predicts for-profits would be quicker to enter and exit than not-for-profits in response to changing market conditions. We test this hypothesis using data for all US hospitals from 1984 to 2000. Examining annual and regional entry and exit rates, for-profit hospitals consistently have higher entry and exit rates than not-for-profits. Econometric modeling of entry and exit rates yields similar patterns. Estimates of an ordered probit model of entry indicate that entry is more responsive to demand changes for for-profit than not-for-profit hospitals. Estimates of a discrete hazard model for exit similarly indicate that negative demand shifts increase the probability of exit more for for-profits than not-for-profits. Finally, membership in a hospital chain significantly decreases the probability of exit for for-profits, but not not-for-profits. Copyright © 2006 John Wiley & Sons, Ltd. [source] Exits from Self-Employment: Is There a Native-Immigrant Difference in Sweden?,INTERNATIONAL MIGRATION REVIEW, Issue 3 2010Pernilla Andersson Joona It is well established that non-western immigrants in Sweden are more likely to be self-employed than natives. Whether there is also a difference in the exit rate out of self-employment remains an unexplored question. Using panel data for the period 1998,2002, this study analyzes the exit rates by looking at all exits, and also at exits to different labor market states. We find that the exit rate is about 7% points higher among non-western immigrants than among natives and exits to unemployment is 14% points higher. Decomposing these differences, we find that differences in industry and earlier labor market status are important explanatory factors. [source] The Dynamics of Farm Incomes: Panel data analysis using the Farm Accounts SurveyJOURNAL OF AGRICULTURAL ECONOMICS, Issue 2 2004Euan Phimister This paper uses longitudinal information from the Scottish Farm Accounts Survey to explore the dynamics of Scottish farm incomes between 1988/89 and 1999/2000. Both the Net Farm Income and Cash Income of farms are considered. The results show high levels of income variability and income mobility within Scottish agriculture. Although exit rates from the lowest income groups remain relatively high even when spells of low income have lasted a number of years, there is evidence of farms with persistent low farm income and farms experiencing repeated spells of low-income. Smaller farm size and having a farmer aged over 65 increase both the probability that a farm will fall into the lowest income group and the length of time spent in that income group. Further the results suggest that the impact of the post-1997 agricultural recession on income mobility depended on the income status of the farm when the recession began. [source] Mechanism of emulsion polymerization of styrene using a reactive surfactantJOURNAL OF POLYMER SCIENCE (IN TWO SECTIONS), Issue 18 2001X. Wang Abstract The emulsion polymerization of styrene using the reactive surfactant sodium dodecyl allyl sulfosuccinate (TREM LF-40) was studied. The polymerization kinetics were found to be unusual in that Rp was not directly proportional to Np (Rp , Np0.67). Several reasons are stated to explain the unusual kinetics, including chain transfer to TREM LF-40, copolymerization of styrene with TREM LF-40, and the influence of the homopolymer of TREM LF-40 [poly(TREM)] and/or the copolymer [poly(TREM- co -styrene)] on the entry and exit rates of free radicals. The possibility of both chain transfer and copolymerization exists primarily at the oil/water interface, whereas both can also occur in the aqueous and monomer phases. Bulk polymerizations of styrene in the presence of TREM LF-40 and poly(TREM) were conducted, and the results show that the reaction rate decreased for the styrene/TREM LF-40 system. Latex characterization by serum replacement and titration measurements provided evidence for the chemical bonding of TREM LF-40 to the polymer particles. The fraction of chemically bound reactive surfactant decreased with increasing surfactant concentration and increased with increasing initiator concentration. Relatively high contact angles of water on films cast from the latexes showed that TREM LF-40 did not migrate significantly to the surface of the film, which was consistent with the latex-surface characterization results. © 2001 John Wiley & Sons, Inc. J Polym Sci Part A: Polym Chem 39: 3093,3105, 2001 [source] EXITS FROM HOMEOWNERSHIP: THE EFFECTS OF RACE, ETHNICITY, AND INCOME,JOURNAL OF REGIONAL SCIENCE, Issue 1 2009Tracy M. Turner ABSTRACT This paper examines the extent to which populations experiencing low homeownership rates in the U.S. also experience high homeownership exit rates. We determine whether low-income Hispanic and black households that achieve homeownership are as likely as white and high-income households to sustain it. Using the Panel Study of Income Dynamics spanning the years 1970,2005, we find that low-income homeowners consistently have higher homeownership exit rates, Hispanic households have higher raw exit rates prior to but not subsequent to 1997, and a black/white sustainability gap appears to arise post-1997. [source] A Complete Decomposition of Unemployment Dynamics using Longitudinal Grouped Duration Data,OXFORD BULLETIN OF ECONOMICS & STATISTICS, Issue 1 2005Muriel Dejemeppe Abstract In this paper, we study the unemployment dynamics in the Belgian regions, Flanders and Wallonia, on the basis of aggregate stratified data covering the period 1973,93. We decompose the aggregate exit probability from unemployment into calendar time and, both observed and unobserved, compositional effects. We find that changes in the inflow composition affect the cyclical fluctuations in unemployment duration only marginally. However, the long-run improvement in the quality of entrants into unemployment, notably in terms of educational attainment, mitigates the strong upward trend in this duration. This is a new result as none of the existing studies purges the trend in the aggregate outflow rate of the variation in its composition. We also conclude that in Belgium, incidence explains as much as 45% of the evolution of unemployment. Finally, the diverging evolution of unemployment across Flanders and Wallonia predominantly results from a stronger decline in the exit rates from unemployment in Wallonia. [source] Inflow Composition, Duration Dependence and their Impact on the Unemployment Outflow Rate*OXFORD BULLETIN OF ECONOMICS & STATISTICS, Issue 1 2003Hélène Turon This paper presents estimates of the components of the dynamics of the unemployment outflow rate with British data. We allow both the composition of the inflow and individual duration dependence to vary over the business cycle. We find the inflow composition to be strongly countercyclical. Individual exit rates are found to be substatntially more sensitive to the business cycle than previously thought and than the average exit rate fluctuations suggest. Cyclical variations in duration dependence are not significant. With our estimates, fluctuations in the average exit rate out of the first year of unemployment are mainly accounted for by variations of individual exit rates, variation of inflow composition, and variation in the inflow level combined with the duration dependence phenomenon. [source] Impact of the Mutual Obligation Initiative on the Exit Behaviour of Unemployment Benefit Recipients: The Threat of Additional ActivitiesTHE ECONOMIC RECORD, Issue 243 2002Linda L. Richardson The Mutual Obligation Initiative requires young unemployment benefit recipients, who have received payments for 6 months, to undertake an activity, in addition to continuing to look for work, in return for those payments. The fact that eligibility for the Mutual Obligation Initiative is determined by age is exploited to evaluate the impact of this program on exit rates from benefit receipt as a natural experiment. Administrative data from the Department of Family and Community Services provides some evidence that individuals subject to the Mutual Obligation Initiative had higher exit rates immediately prior to imposition of the additional activity requirement. [source] The Impact of Bank Consolidation on Commercial Borrower WelfareTHE JOURNAL OF FINANCE, Issue 4 2005JASON KARCESKI ABSTRACT We estimate the impact of bank merger announcements on borrowers' stock prices for publicly traded Norwegian firms. Borrowers of target banks lose about 0.8% in equity value, while borrowers of acquiring banks earn positive abnormal returns, suggesting that borrower welfare is influenced by a strategic focus favoring acquiring borrowers. Bank mergers lead to higher relationship exit rates among borrowers of target banks. Larger merger-induced increases in relationship termination rates are associated with less negative abnormal returns, suggesting that firms with low switching costs switch banks, while similar firms with high switching costs are locked into their current relationship. [source] Plant Exit, Vintage Capital and the Business CycleTHE JOURNAL OF INDUSTRIAL ECONOMICS, Issue 2 2004Kjell G. Salvanes Despite the large literature on plant exit behavior, little attention has been paid to the vintage capital theory as an alternative hypothesis to learning. Learning models predict that exit rates decrease with plant age and the vintage capital theory predicts that exit rates increase with the age of capital. We use a panel of Norwegian manufacturing plants and construct an index of capital age to distinguish between the effects on exit rates. The empirical results imply that there is both a learning effect and a vintage capital effect. We also find that exit rates depend on the business cycle, and increase in severe downturns. [source] A Subnational Analysis of Japanese Direct Investment in CanadaCANADIAN JOURNAL OF ADMINISTRATIVE SCIENCES, Issue 1 2000Andrew Delios This study examines longitudinal aspects of Japanese foreign direct investment in Canada. In looking at the longitudinal aspects, the focus was on a descriptive analysis of entry and exit rates and on an econometric analysis of the determinants of subsidiary survival and exit. In these analyses, we find that exit rates are related to subsidiary-level variables such as business size, expatriate employment levels, equity-ownership levels, and entry mode. The sector and region in which the investments are made is also related to subsidiary survival, with manufacturing-sector subsidiaries located in Ontario being the least likely to exit. The results of our study suggest that region and industry interact, both to draw investment to a region and to influence the likeli-hood of survival of foreign-owned businesses. Further-more, the focus on regional issues for Canada shows that even within a small open economy, subnational (interprovincial) variance can have important effects on the characteristics and performance of foreign direct investment. Résumé La présente étude porte sur l'évolution des investissements directs japonais à l'étranger, réalisés au Canada. De façon plus précise, cette recherche s'intéresse, sur une base longitudinale, à l'analyse descriptive des taux d'entrée et de sortie ainsi qu'à l'analyse économétrique des facteurs expliquant la survie ou la sortie de filiales japonaises. A la lumière de ces analyses, il ressort que les taux de sortie sont influencés par certaines caractéristiques des filiales telles que la taille, la proportion d'expatriés, la part du capital-action et le mode d'entrée. Le secteur et la région où l'investissement s'effectue influencent également les chances de survie d'une filiale; la probabilité la plus faible de quitter le pays appartiendrait aux filiales manufacturières situées en Ontario. Les résultats de l'étude suggèrent que la région et l'industrie interagissent de façon à attirer les investissements dans une région donnée et à influencer les chances de survie de compagnies appartenant à des intér,ts étrangers. Ces résultats sur les disparités régionales du Canada suggèrent que, m,me à l'intérieur d'une économie de marché restreinte, la variance sous-nationale (ou interprovinciale) peut avoir d'importantes répercussions sur les caractéristiques et la performance des investissements directs à l'étranger. [source] | |||||||||||||