Showing 1 - 10 of 36
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012829322
Persistent link: https://www.econbiz.de/10003309170
acquisition, with important implications for the assessment of immigrants’ career paths and the estimation of their earnings …
Persistent link: https://www.econbiz.de/10013229696
This paper examines the effects of class size on the decision to stay on in full time schooling at the age of 16 and on wages at later stages in life. Little research exists on the effect of school quality on career decisions, although it has potentially important long term implications. We use...
Persistent link: https://www.econbiz.de/10010262739
This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to talk up' the euro have not …
Persistent link: https://www.econbiz.de/10010315669
We review studies on monetary transmission in the EU countries using the VAR approach and analyse why they often lead to divergent outcomes. Firstly, we estimate 43 VAR models across ten EU countries and compare the robustness of the ranking of the magnitudes of the price and output responses....
Persistent link: https://www.econbiz.de/10010261078
This paper examines whether there is a political budget cycle (PBC) in countries in the euro area. Using a multivariate … has not restricted fiscal policy makers in the euro area in pursuing expansionary policies before elections. In an …
Persistent link: https://www.econbiz.de/10010261324
This paper re-examines the relationship between trade intensity and business cycle synchronization for 21 OECD countries during 1970-2003. Instead of using instrumental variables, we estimate a multivariate model including variables capturing specialisation, financial integration, and similarity...
Persistent link: https://www.econbiz.de/10010261337
In this paper we investigate the economic activity of married or cohabiting female immigrants in Britain. We distinguish between two immigrant groups: foreign-born females who belong to an ethnic minority group and their husbands, and foreign-born white females and their husbands. We compare...
Persistent link: https://www.econbiz.de/10010261373
This paper extends the analysis of the acquisition of destination language proficiency among immigrants by explicitly incorporating dynamics among family members – mother, father and children. Single equation, bivariate, and four-state (multivariate) probit analyses are employed. Immigrant...
Persistent link: https://www.econbiz.de/10010261966