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This paper aims to evaluate the trade potential of manufactured products between the members of the EU25 in the threshold of its Eastern enlargement. We estimate, for 2002, a cross-section gravity model, whose coefficients will be used to project the “natural” trade relations between them....
Persistent link: https://www.econbiz.de/10005062628
This paper addresses a specific suggestion for immigration reform—that we must seek skilled immigrants—by examining … support for a move to unlimited H-1B visa issuance. Great care is taken to include up to date media coverage as immigration … immigration and then reviews the current landscape of U.S. immigration and the H-1B visa market, showing the strong moral and …
Persistent link: https://www.econbiz.de/10005408048
This paper addresses objections to immigration on the basis of their skill level—examining the historical results of … United States immigration policy in an effort to support a move to unlimited H-1B visa issuance. Great care is taken to … include up to date media coverage as immigration policy is greatly affected by public opinion. Not only does an historical …
Persistent link: https://www.econbiz.de/10005556501
La limitazione del benessere ai soli aspetti reddituali ignora numerose dimensioni e condizioni fondamentali per il realizzarsi delle potenzialità individuali. Obiettivo dell’articolo è quello di fornire una misura multidimensionale di benessere per le Regioni italiane, che superi la...
Persistent link: https://www.econbiz.de/10005125921
This paper aims to test empirically if certain frequently used measures of well-being, which are regarded as valuable properties of human life, are actually desired by people. In other words, it investigates whether the “expert judgments” in social science overlap with social consensus on...
Persistent link: https://www.econbiz.de/10005062470
This paper aims to test empirically if certain frequently used measures of well-being, which are regarded as valuable properties of human life, are actually desired by people. In other words, it investigates whether the “expert judgments” in social science overlap with social consensus on...
Persistent link: https://www.econbiz.de/10005407815
The Easterlin Paradox refers to the fact that happiness data are typically stationary in spite of considerable increases in income. This amounts to a rejection of the hypothesis that current income is the only argument in the utility function. One possible answer is that human development...
Persistent link: https://www.econbiz.de/10005561269
Successful descriptions of the short-term nominal interest rate inertial behavior have frequently been obtained with small scale macro models in which a Central Banker minimizes a loss function containing an argument labelled as interest rate smoothing. The rationale for this argument is not...
Persistent link: https://www.econbiz.de/10005076824
We study the behavior of real exchange rates in a two­country dynamic equilibrium model. In this model, consumers can only consume domestic goods but can invest costlessly in capital stocks of both countries. Nevertheless, transporting goods between the two countries is costly and, hence, the...
Persistent link: https://www.econbiz.de/10005076998
Credit risk models like Moody’s KMV are now well established in the market and give bond managers reliable estimates of default probabilities for individual firms. Until now it has been hard to relate those probabilities to the actual credit spreads observed on the market for corporate bonds....
Persistent link: https://www.econbiz.de/10005077017