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unemployment, inflation, terrorism assassinations, turnout and other factors. The statistical model used, a fractional probit … National Partial Effects (NPE), i.e. the effect on national vote shares of changes in unemployment, inflation and terrorism are …
Persistent link: https://www.econbiz.de/10008584366
This paper evaluates the effects of Public Sponsored Training in East Germany in the context of reiterated treatments. Selection bias based on observed characteristics is corrected for by applying kernel matching based on the propensity score. We control for further selection and the presence of...
Persistent link: https://www.econbiz.de/10005097806
According to a widespread view, Germany's unemployment crisis is caused by rigid labour markets, low profitability and … Germany's unemployment rate since 1989, first because no distinction is drawn between the situation in the Eastern part of … negotiations. The unification shock to the East added at least 2.5 percentage points to Germany's overall unemployment rate, as …
Persistent link: https://www.econbiz.de/10009216268
country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 … those in the past by examining worker flows into and out of unemployment taking into account changes in the demographic … results indicate that the increase in the unemployment rate is driven to a larger extent by the lack of hiring (low outflows …
Persistent link: https://www.econbiz.de/10008490045
This paper analyses the link between educational attainment and unemployment risk in a French-German comparison, based … on a discrete time competing risks hazard rate model applied to comparable microdata sets. The unemployment risk is … broken down into the risk of entering unemployment and the risk, once unemployed, of not getting reemployed. The paper …
Persistent link: https://www.econbiz.de/10005097945
country has experienced since the Great Depression. In this paper we decompose the changes in the unemployment rate by … examining worker ows into and out of unemployment during the last four recessions in the United States with a special focus on … contributions to the aggregate unemployment rate changes, we attempt to evaluate the relative importance of cyclical and structural …
Persistent link: https://www.econbiz.de/10010567957
This paper examines whether government ideology has influenced monetary policy in OECD countries. We use quarterly data in the 1980.1-2005.4 period and exclude EMU countries. Our Taylor-rule specification focuses on the interactions of a new time-variant index of central bank independence with...
Persistent link: https://www.econbiz.de/10009395418
Using a research design that traces siblings' preferences for postmaterialistic values in Germany over two decades, this paper provides new evidence on the origins of value preferences. Focusing on Inglehart's thesis of value change, we test the combined socialization and scarcity hypothesis...
Persistent link: https://www.econbiz.de/10005068963
On the basis of a theoretical model, we argue that higher aggregate unemployment affects individual returns to … education. We therefore include aggregate unemployment and an interaction term between unemployment and the individual education … level in a standard Mincer equation. Our results show that an increase in regional unemployment by 1% decreases the returns …
Persistent link: https://www.econbiz.de/10005098068
We use data from the German Socio-Economic Panel and the British Household Panel Survey to estimate the extent of intergenerational economic mobility in a framework that highlights the role played by assortative mating. We find that assortative mating plays an important role. On average about...
Persistent link: https://www.econbiz.de/10004963927