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Technology shocks and robust sign restrictions in a euro area SVAR

Peersman, Gert; Straub, Roland - 2004

This paper provides evidence for the impact of technology, labor supply, monetary policy and aggregate spending shocks on hours worked in the Euro area. The evidence is based on a vector autoregression identiﬁed using sign restrictions that are consistent with both sticky price and real...

Persistent link: https://www.econbiz.de/10009639427

Time variation in U.S. wage dynamics

Hofmann, Boris; Peersman, Gert; Straub, Roland - 2010

This paper explores time variation in the dynamic effects of technology shocks on U.S. output, prices, interest rates as well as real and nominal wages. The results indicate considerable time variation in U.S. wage dynamics that can be linked to the monetary policy regime. Before and after the...

Persistent link: https://www.econbiz.de/10009640310

Empirical analysis of employment and foreign direct investment in Malaysia : an ARDL bounds testing approach to cointegration

Pinn, Stan Lee Shun; Ching, Kok Sook; Kogid, Mori; … - In: Advances in management & applied economics 1 (2011) 3, pp. 77-91

This study examines the relationships between the employment and foreign direct investment (FDI) in Malaysia. The Malaysian government continues to put efforts in attracting more FDI inflows as it seems that FDI plays a major role in the economic development of Malaysia. Besides, there is...

Persistent link: https://www.econbiz.de/10010009045

How quickly does structural reform pay off? : an empirical analysis of the short-term effects of unemployment benefit reform

Bouis, Romain; Causa, Orsetta; Demmou, Lilas; Duval, Romain - In: IZA Journal of Labor Policy 1 (2012), pp. 1-12

While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …

Persistent link: https://www.econbiz.de/10010118882