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Is Variation in Hours of Work Driven by Supply or Demand? Evidence from Finnish Manufacturing Industries

Böckerman, Petri; Jäntti, Markus - EconWPA - 2005

This paper uses panel data from 1989 to 1995 on blue-collar workers in Finnish manufacturing industries and their establishments to assess the extent to which hours of work are affected by individual or establishment characteristics - observed as well as unobserved. We argue that recent research...

Persistent link: https://www.econbiz.de/10005125720

The Added Worker Effect and Intrahousehold Aspects of Unemployment

Serneels, Pieter - EconWPA - 2004

The added worker effect states that unemployment of a household member leads to an increase in labour supply of another … household member. This paper investigates whether there is such an effect in a developing country. We use a rich data set for … urban Ethiopia. We first give a brief description of who is unemployed within the household and find that they are mostly …

Persistent link: https://www.econbiz.de/10005407638

Economic Implications of an Ageing Australia

Commission, Productivity - EconWPA - 2005

The commissioned study into the ageing of Australia’s population was released April 2005. The Commission found that one quarter of Australians will be aged 65 years or more by 2044-45, roughly double the present proportion. This gives rise to significant policy challenges. The Commission...

Persistent link: https://www.econbiz.de/10005556842

User's Guide to an Early Warning System for Macroeconomic Vulnerability in Latin American Countries

Herrera, Santiago; Garcia, Conrado A. - EconWPA - 2000

The object of this paper is to develop an Early Warning System of Macro Vulnerability for several Latin American countries based on previous work of Kaminsky, Lizondo and Reinhart (1997) and Kaminsky (1998). We build a composite leading indicator that signals macroeconomic vulnerability, showing...

Persistent link: https://www.econbiz.de/10005076817

THE ROLE OF GLOBAL RISK AVERSION IN EXPLAINING LATIN AMERICAN SOVEREIGN SPREADS

HERRERO, ALICIA GARCIA; ORTIZ, ALVARO - EconWPA - 2005

This paper assesses empirically whether global risk aversion (GRA) and some if its determinants (US economic growth and the US long term interest rates) explain developments in Latin American sovereign spreads. We find that GRA is significant and positively related to Latin American sovereign...

Persistent link: https://www.econbiz.de/10005124937

La metodología de la investigación en la Economía Aplicada; The Research Methodology in Applied Economics

Diaz-Bautista, Alejandro - EconWPA - 2005

Sumario La ciencia económica es un tipo específico de conocimiento dentro de las ciencias sociales. Para lograr realizar un estudio del conocimiento económico de tal naturaleza, o sea, para hacer ciencia económica, es preciso seguir determinados procedimientos que nos permitan realizar un...

Persistent link: https://www.econbiz.de/10005126080

Any Link Between Legal Central Bank Independence and Inflation? Evidence from Latin America and the Caribbean

Jácome, Luis; Vázquez, Francisco - EconWPA - 2005

This paper reviews central bank legislation in 24 countries in Latin America and the Caribbean during the 1990s. Using panel regressions, the paper finds a negative relationship between legal central bank independence (CBI) and inflation. This result holds for three alternative measures of CBI,...

Persistent link: https://www.econbiz.de/10005126338

Sviluppo e riforme in Cile: apertura commerciale, fondi pensione e privatizzazione dei servizi/REFORMS AND DEVELOPMENT IN CHILE: Macro considerations on Int'l Trade, Pension Funds...

Panizza, Andrea de - EconWPA - 2003

This paper examines the growth pattern followed by the Chilean economy with reference to the macroeconomic reforms undertaken during the Pinochet regime, which were largely maintained by successive democratic administrations and partially reproduced by neighbouring countries. The focus is on the...

Persistent link: https://www.econbiz.de/10005126348

Latin American Central Bank Reform: Progress and Challenges

Carstens, Agustin; Luis I. Jacome H. - EconWPA - 2005

This study takes stock of the institutional reform of monetary policy in Latin America since the early 1990s. It argues that strengthening the legal independence of central banks, together with macroeconomic policies, was instrumental in reducing inflation from three-digit annual rates in the...

Persistent link: https://www.econbiz.de/10005126474

Factor Endowments, Trade Direction, and Growth Performances of the Americas and East Asia in the Nineteenth and Twentieth Centuries

Lai, Hongyi Harry - EconWPA - 1997

Factor-endowment based trade with the leading economy helps to explain the differing development performances of the Americas and East Asia in the past two centuries. Between 1830 and 1945, labor-abundant Britain, the most advanced country, traded heavily with land-abundant countries in the...

Persistent link: https://www.econbiz.de/10005062412