Showing 1 - 10 of 239
Higher inequality reduces capital accumulation and increases the informal economy, which creates additional employment opportunities for low-skilled and deprived people. Despite this positive feedback, informality raises problems for public finances and biases official statistics, reducing the...
Persistent link: https://www.econbiz.de/10011665024
The occupational skill structure depends on the business cycle if employers respond to shortages of applicants during upturns by lowering their hiring standards. Devereux uses this implication to construct empirical tests for the notion of hiring standards adjustment (the so-called Reder...
Persistent link: https://www.econbiz.de/10003943733
The UK national minimum wage (NMW) is age-specific with the most important threshold at the age of 22 (lowered to 21 from 2010 onwards) when workers become eligible for the adult rate. The authors estimate the impact of this threshold on employment by means of a regression discontinuity...
Persistent link: https://www.econbiz.de/10011785299
In this paper, the authors empirically investigate the relationship between energy consumption and the size of the informal economy. Relying on panel data regression models, their results show that at the aggregate level, energy intensity is inversely related to the size of the informal sector,...
Persistent link: https://www.econbiz.de/10011489213
About one in five workers across OECD countries is employed part-time, and the share has been steadily increasing since the beginning of the economic and financial crisis in 2007. Part-time options play an important economic role by providing more flexible working arrangements for both workers...
Persistent link: https://www.econbiz.de/10011449398
In Europe, about one in eight people of working age report having a disability; that is, the presence of a long-term limiting health condition. Despite the introduction of a range of legislative and policy initiatives designed to eliminate discrimination and facilitate retention of and entry...
Persistent link: https://www.econbiz.de/10011456243
This study uses Monte Carlo experiments to produce new evidence on the performance of a wide range of panel data estimators. It focuses on estimators that are readily available in statistical software packages such as Stata and Eviews, and for which the number of cross-sectional units (N) and...
Persistent link: https://www.econbiz.de/10011785293
This paper explores the influence of the economic cycle on labour mobility within the EU, focusing on the likely impact …. -- labour mobility ; economic cycle ; crisis ; European Union …
Persistent link: https://www.econbiz.de/10003874247
The paper investigates the relationship between external debt and economic growth, focusing on the role played by the policy and institutional framework. Results for a panel of 114 developing countries show that the debt-growth nexus depends on institutions and policies. The Debt-Laffer curve...
Persistent link: https://www.econbiz.de/10003758121
The fiscal and financial reforms carried out in Mexico in 2000 have encouraged a widespread presence of rating agencies … government in Mexico intending to access credit and capital markets must count with at least one credit rating from one of the … State and Municipal governments on bond returns in Mexico. By employing a Capital Asset Pricing Model (CAPM) structure for …
Persistent link: https://www.econbiz.de/10003883827