The introduction of unemployment insurance savings accounts (UISA) in Chile in October 2002 introduced more comprehensive unemployment protection while decreasing the opportunity costs of job change. Being the first to empirically investigate the effect of UISA on employment duration, this paper...

Comparing earnings equations in the Panel Study of Income Dynamics (PSID) and the Current Population Survey, we find that the PSID considerably underestimates the returns to education during the 1992–2007 period. Non-random selection in the PSID sample appears to be the reason.

We study the role of age, re-election, gender, education, profession, party affiliation, area of election and different electoral systems on the political survival of 7127 members of the Italian Chamber of Deputies and Senate, observed from 1946 to 2013. Our results suggest that theories...

Instances of acute and sustained inflation pose a challenge in transition and developing economies, in particular as they tend to render economic development strategies vulnerable. Thus, a thorough understanding of inflationary episodes is critical. Using parametric hazard models, this examines...

The present contribution deals with models and statistical analysis of sequences of random events. The main characteristics of such a random point process is its intensity. We consider the case when observed data are grouped, i.e. when the numbers of observed events are summarized in discrete...

ISO 14001 is an international standard for Environmental Management Systems, adopted by over 36,000 organizations worldwide. This paper attempts to determine the length of time after which a given company has implemented ISO 14001 experiences emission reduction. The sample used is a group of 264...

The aim of this paper is to investigate the determinants of survival for Italian firms according to their ownership status. To this end, we analyze firm survival distinguishing the Italian firms in foreign multinationals (FMNEs), domestic multinationals (DMNEs) and domestic non-multinational...

In the aftermath of the financial crisis, this study investigates which underlying determinants cause bank rating transitions. We develop survival analysis models to explain credit transition hazards using macroeconomic factors and the rating history. We find that there exists a significant...