Showing 1 - 10 of 12
In this paper we analyse the consequences of changes in the consumption patterns on unemployment through an … multiequational model, in which we estimate a consumption function, an investment function and an unemployment rate equation, using a … and persistent shocks to consumption have long lasting effects on unemployment, both directly and indirectly, through …
Persistent link: https://www.econbiz.de/10011112096
This paper deals with the question whether the concept of transitional labour market(TLM) might be useful to formulate hypotheses about the relationship between the size and nature of labour market transitions and the performance of employment regimes. The paper starts from the idea that the TLM...
Persistent link: https://www.econbiz.de/10005837074
In this study, we examine the formal/informal sector earnings differentials in the Turkish labor market using detailed econometric methodologies and a novel panel data set drawn from the 2006-2009 Income and Living Conditions Survey (SILC). In particular, we test if there is evidence of...
Persistent link: https://www.econbiz.de/10011110039
We identify fiscal impulses in the EU New Member States using four different methods and apply econometric panel data techniques to determine what is the response of output and its components to those impulses. We also directly test the effects of fiscal impulses on labor costs and households’...
Persistent link: https://www.econbiz.de/10011259290
In this paper we analyze the determinants of real wages in Macedonia’s manufacturing sector. We emphasize the macroeconomic aspects involved, and use econometric panel data techniques to model the behaviour of real wages for the period 2005:1-2010:12, using monthly data. In the study we found...
Persistent link: https://www.econbiz.de/10011260231
1970 – 2011 and explicitly analyze the effects of unemployment and labor market institutions on suicide rates. In line with … a large body of literature our results suggest that unemployment increases suicide mortality, while real economic growth … tends to decrease suicides. The results also indicate that unemployment benefits decrease suicides of males, while …
Persistent link: https://www.econbiz.de/10010795344
In a number of papers A.J. Oswald (1996, 1997) argues that high rates of home ownership may imply inferior labour market outcomes. This paper tests the Oswald hypothesis in a panel of 42 Belgian districts since the 1970s. The use of data going back to 1970 allows us to embed the Oswald...
Persistent link: https://www.econbiz.de/10008861865
We examine whether US and German state governments pursue sustainable fiscal policies taking into account fiscal transfers. Using panel data techniques we investigate whether the debt-to-GDP ratio had a positive influence on the primary surplus (Bohn-model). We show that including/excluding...
Persistent link: https://www.econbiz.de/10010754658
We empirically analyze the determinants of Initial Public Offering (IPO) underpricing using panel data for 29 countries over the period 1988-2005. Our hypotheses stress the importance of institutional and legal factors in explaining cross-country variations. We find that increased protection of...
Persistent link: https://www.econbiz.de/10005196246
Fiscal sustainability tests have largely ignored the institutional setting of fiscal policy making. Fiscal equalization schemes in federal states are one such institution. We examine whether German state governments pursue sustainable fiscal policies taking into account fiscal equalization...
Persistent link: https://www.econbiz.de/10010578156