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The Impact of Product and Labour Market Reform on Growth : Evidence for OECD Countries Based on Local Projections

de Haan, Jakob - 2020

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

On Time and Money Donations

Cappellari, Lorenzo; Ghinetti, Paolo; Turati, Gilberto - 2021

This paper investigates the determinants of time and money gifts. We first develop a behavioural model which accounts for both types of donations, as well as for decisions about domestic and market hours of work. We then investigate the issue empirically, using survey data for Italy. Results...

Persistent link: https://www.econbiz.de/10013316768

Statements of ECB Officials and their Effect on the Level and Volatility of the Euro-Dollar Exchange Rate

Jansen, David-Jan; de Haan, Jakob - 2003

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

Asymmetric monetary transmission in EMU : the robustness of VAR conclusions and Cecchettis legal family theory

Elbourne, Adam; de Haan, Jakob - 2004

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

Modelling low pay transition probabilities, accounting for panel attrition, non-response, and initial conditions

Cappellari, Lorenzo; Jenkins, Stephen P. - 2004

We model annual low pay transition probabilities taking account of three potentially endogenous selections: two sample drop-out mechanisms (panel attrition, non-employment) and ?initial conditions? (base-year low pay status). This model, and variants that ignore one or more of these selection...

Persistent link: https://www.econbiz.de/10010261224

Has the stability and growth pact impeded political budget cycles in the European Union?

Mink, Mark; de Haan, Jakob - 2005

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

Trade and business cycle synchronization in OECD countries : a re-examination

Inklaar, Robert; Jong-A-Pin, Richard; de Haan, Jakob - 2005

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

High School Types, Academic Performance and Early Labour Market Outcomes

Cappellari, Lorenzo - 2004

Using microdata on the 1995 cohort of Italian high school graduates, this paper studies the relationship between the type of high school attended (general versus technical; private versus public) and indicators of subsequent performance. Simultaneity issues that potentially bias this type of...

Persistent link: https://www.econbiz.de/10010261813

Earnings Mobility Among Italian Low Paid Workers

Cappellari, Lorenzo - 2004

. Results show that the three selection mechanisms are endogenous for the estimation of low pay transitions. The data also …

Persistent link: https://www.econbiz.de/10010261831

Parents and Children Talk : The Family Dynamics of English Language Proficiency

Chiswick, Barry R.; Lee, Yew Liang; Miller, Paul W. - 2004

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