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Knight, John - Department of Economics, Oxford University - 2007

The paper uses the Lewis model as a framework for examining the labour market progress of two labour-abundant countries, China and South Africa, towards labour shortage and generally rising labour real incomes. In the acuteness of their rural-urban divides, forms of migrant labour, rapid...

Persistent link: https://www.econbiz.de/10010604971

Japanese Labour Markets: Can we Expect Significant Change?

Rebick, Marcus - Department of Economics, Oxford University - 2000

I examine recent changes in labour markets and employment practices in Japan. I find little evidence that Japan is converging towards an Anglo-American type labour market. Mobility rates continue to be low, and there is little indication that this will change greatly in the future. Large firms...

Persistent link: https://www.econbiz.de/10010605130

Social Norms and Household Time Allocation

Sevilla-Sanz, Almudena; Fernandez, Cristina - Department of Economics, Oxford University - 2006

Economic theories of the household predict that increases in female relative human capital lead to decreases in female housework time. However, longitudinal and cross-sectional evidence seems to contradict this implication. Women`s share of home time fails to decrease despite increases in...

Persistent link: https://www.econbiz.de/10005047708

Japanese Labour Markets: Can we Expect Significant Change?.

Rebick, M. - Department of Economics, Oxford University - 2000

Persistent link: https://www.econbiz.de/10005047744

Division of Household Labor and Cross-Country Differences in Household Formation Rates

Sevilla-Sanz, Almudena - Department of Economics, Oxford University - 2007

This paper explains the existing cross-country differences in household formation rates in industrialized countries by highlighting how an individual`s probability to form a household may be affected by social norms toward the household division of labor. Because social norms are to a large...

Persistent link: https://www.econbiz.de/10005047882

Working Women, Men`s Home Time and Lowest Low Fertility

Sevilla-Sanz, Almudena; Laat, Joost de - Department of Economics, Oxford University - 2007

Southern Europe`s rapid fertility decline has resulted in a positive cross-country correlation between female labor force participation and fertility. We develop a model with heterogeneity in attitudes towards women`s home time and a social externality associated to men`s home production to...

Persistent link: https://www.econbiz.de/10005047912

Anthropogenic Influences on Atmospheric CO2

Hendry, David; Pretis, Felix - Department of Economics, Oxford University - 2011

We identify anthropogenic contributions to atmospheric CO2 measured at Mauna Loa using a statistical automatic model selection algorithm (Autometrics). We find that vegetation, temperature and other natural factors alone cannot explain the trend or the variation in CO2 growth. Industrial...

Persistent link: https://www.econbiz.de/10009393199

Feasible inference for realised variance in the presence of jumps

Veraart, Almut Elisabeth Dorothea - Department of Economics, Oxford University - 2007

Here we assume that the logarithmic asset price is given by a semimartingale. Jacod (2006) has derived an infeasible central limit theorem for the realised variance in such a general framework. However, here we focus on constructing a feasible limit theorem. We propose a new estimator for the...

Persistent link: https://www.econbiz.de/10010661363

Inventories and Asymmetric Business Cycle Fluctuations in the UK.

Sensier, M. - Department of Economics, Oxford University - 1997

This paper shows that the behaviour of inventories is not symmetrical and that their modelling requires more than just …

Persistent link: https://www.econbiz.de/10005047881

Bayesian inference based only on simulated likelihood: particle filter analysis of dynamic economic models

Shephard, Neil; Flury, Thomas - Department of Economics, Oxford University - 2008

Suppose we wish to carry out likelihood based inference but we solely have an unbiased simulation based estimator of … perhaps surprising given the celebrated results on maximum simulated likelihood estimation. Bayesian inference based on … we can carry out likelihood based inference using its simulations. …

Persistent link: https://www.econbiz.de/10005047860