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Theoretical study identifying one modality with conditions necesary for the financial stabilization of an inherently unstable system; and 5040 other unstable dynamic modes. It draws on knowledge made available by the academic field of Control Engineering.
Persistent link: https://www.econbiz.de/10005125628
expenditures in the case of Turkey for the period of 1950-2002. On using new macroeconomic and multivariate cointegration procedure … aggregate output in Turkey. In addition, the CUSUM and CUSUMSQ tests confirm the stability of aggregateb output function. The … results obtained from this study are, by and large, in line with the previous studies concerning Turkey. …
Persistent link: https://www.econbiz.de/10005412794
In this paper, we present a leading economic indicators approach to the predictability of currency crises in Turkey … European ERM countries (1992-93), Turkey (1994) and Southeast Asian countries (1997-98), we survey the empirical literature on … leading economic indicators of currency crises in Turkey. …
Persistent link: https://www.econbiz.de/10005119453
I analyze the effects associated with the introduction of the earnings test on older Czech males' labor supply in 1996. Using data from the Labor Force Survey, I apply a difference-in-differences estimator to measure the effect of the policy change in the Czech pension scheme using a sample of...
Persistent link: https://www.econbiz.de/10005076532
We study the effect of fertility on labor supply in Argentina and Mexico exploiting a source of exogenous variability in family size first introduced by Angrist and Evans (1998) for the United States. Our results constitute the first external validation of the estimates obtained for the US....
Persistent link: https://www.econbiz.de/10005125812
In many occupations, workers’ labor supply choices are constrained by institutional rules regulating labor time and effort provision. This renders explicit tests of the neoclassical theory of labor supply difŽ cult. Here we present evidence from studies examining labor supply responses in...
Persistent link: https://www.econbiz.de/10005561054
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
present a comprehensive statistical and econometric analysis of employment, unemployment and participation in Poland in the … employment and participation rates. We begin with a detailed analysis of the reasons of the rapid decrease of employment and … on structural mismatch between labour demand and labour supply in Poland. We find that the employment gap between Poland …
Persistent link: https://www.econbiz.de/10005556757
DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...
Persistent link: https://www.econbiz.de/10005125934
This paper argues that a significant part of measured TFP differences across countries is attributable not to technological factors that affect the entire economy neutrally, but rather, to variations in the structural composition of economies. In particular, the allocation of scarce inputs...
Persistent link: https://www.econbiz.de/10005126217