Showing 1 - 10 of 211
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
Over the last three decades, Spanish female labor force participation (LFP) has tremendously increased, particularly, that of married women. At the same time, the income tax structure, the fiscal treatment of families, policies to reconcile family and work, and the education distribution of...
Persistent link: https://www.econbiz.de/10011812663
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
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 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
Gravity models have long been popular for analyzing economic phenomena related to the movement of goods and services, capital, or even people; however, data limitations regarding migration flows have hindered their use in this context. With access to improved bilateral (country to country) data,...
Persistent link: https://www.econbiz.de/10011434068
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