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The purpose of this paper is to review what has been learnt about Irish migration from the work of social scientists, largely economists. For most of its modern history, Ireland has experienced large net outflows. I discuss how the outflow was made up of lower skilled people up until the 1980s...
Persistent link: https://www.econbiz.de/10001460795
Introduction -- The history of the minimum wage in the United States -- The effects of minimum wages on employment -- Minimum wage effects on the distribution of wages and earnings -- The effects of minimum wages on the distribution of incomes -- The effects of minimum wages on skills -- The...
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In this paper, we review the most common specifications of discrete-time stochastic volatility (SV) models and illustrate the major principles of corresponding Markov Chain Monte Carlo (MCMC) based statistical inference. We provide a hands-on ap proach which is easily implemented in empirical...
Persistent link: https://www.econbiz.de/10003770817
"We review the literature on return and cash flow growth predictability form the perspective of the present-value identity. We focus predominantly on recent work. Our emphasis is on U.S. aggregate stock return predictability, but we also discuss evidence from other asset classes and...
Persistent link: https://www.econbiz.de/10008808323