Similar Search Results

Does Household Borrowing Reduce the Trade Balance? Evidence from Developing and Developed Countries

Xu, Can; Jacobs, Jan; de Haan, Jakob - 2021

We examine the dynamic impact of household borrowing on the trade balance using data from 33 developing countries and 36 developed countries over the 1980-2017 period. Our findings suggest that the impact of household borrowing on the trade balance is by and large negative, both in the short and...

Persistent link: https://www.econbiz.de/10013224078

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

The Importance of Being Vigilant : Has ECB Communication Influenced Euro Area Inflation Expectations?

Jansen, David-Jan; de Haan, Jakob - 2021

changes in euro area break-even inflation. However, this result is only found for the second half of 2005. At that time, the …

Persistent link: https://www.econbiz.de/10013316794

Interest Rate Linkages in EMU Countries : A Rolling Threshold Vector Error-Correction Approach

Poghosyan, Tigran; de Haan, Jakob - 2021

This paper revisits financial market integration in the European Economic and Monetary Union, using a threshold vector error-correction model (TVECM) for a fixed rolling window. This approach enables us to analyze the dynamics of transaction costs and detect any co-movements with (policy...

Persistent link: https://www.econbiz.de/10013316906

Does High Inflation Cause Central Bankers to Lose Their Job? Evidence Based on a New Data Set

Dreher, Axel; Sturm, Jan-Egbert; de Haan, Jakob - 2021

This paper introduces new data on the term in office of central bank governors in 137 countries for 1970-2004. Our panel models show that the probability that a central bank governor is replaced in a particular year is positively related to the share of the term in office elapsed, political and...

Persistent link: https://www.econbiz.de/10013316991

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

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