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Health and Well-Being in the Crisis
Askitas, Nikos; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2011
The internet has become an important data source for the Social Sciences because these data are available without lags, can be regarded as involuntary surveys and hence have no observer effect, can be geo-labeled, are available for countries across the globe and can be viewed in continuous time...
Persistent link: https://www.econbiz.de/10008926959
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Does Human Capital Protect Workers against Exogenous Shocks? South Africa in the 2008-2009 Crisis
Leung, Ron; Stampini, Marco; Vencatachellum, Désiré - Institute for the Study of Labor (IZA) - 2009
The financial and economic crisis of 2008 and 2009 has taken its toll on the South African economy. The economy contracted for the first time since 1998, and entered recession during the fourth quarter of 2008. The GDP contraction was soon transmitted to the labor market. Between the second...
Persistent link: https://www.econbiz.de/10008514864
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Recovery Performance of Primary Agriculture Credit Societies in India: An Assessment
Mazumder, Rabin; Chakravarty, Chandrasekhar; Bhandari, … - Institute for the Study of Labor (IZA) - 2014
institution. The present study examines the recovery performance of rural credit given by PACS in six different regions of India … recovery has been low in north-eastern states and high in northern and southern states. Recovery performance of credit is …
Persistent link: https://www.econbiz.de/10011100176
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The Revealed Preference Approach to Collective Consumption Behavior: Testing, Recovery and Welfare Analysis
Vermeulen, Frederic; Cherchye, Laurens; Rock, Bram De - Institute for the Study of Labor (IZA) - 2007
and recovery tools for the general collective consumption model, which imposes minimal a priori structure. Interestingly …, the proposed testing and recovery methodology can be implemented through integer programming (IP and MILP), which is … powerful recovery results, we also demonstrate that precise nonparametric recovery (i.e. tight bounds) can be obtained even if …
Persistent link: https://www.econbiz.de/10005762164
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On the Measurement of Long-Term Income Inequality and Income Mobility
Aaberge, Rolf; Mogstad, Magne - Institute for the Study of Labor (IZA) - 2010
This paper proposes a two-step aggregation method for measuring long-term income inequality and income mobility, where mobility is defined as an equalizer of long-term income. The first step consists of aggregating the income stream of each individual into a measure of permanent income, which...
Persistent link: https://www.econbiz.de/10008543270
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A Survey of the Economics of Fair Trade
Dammert, Ana C.; Mohan, Sarah - Institute for the Study of Labor (IZA) - 2014
Fair Trade has spread in developing countries as an initiative aimed at lifting poor smallholder farmers out of poverty by providing them with premium prices, availability of credit, and improved community development and social goods. Fair Trade is also viewed as a niche market for high value...
Persistent link: https://www.econbiz.de/10010959823
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Testing CAPM with a Large Number of Assets
Pesaran, M. Hashem; Yamagata, Takashi - Institute for the Study of Labor (IZA) - 2012
This paper is concerned with testing the time series implications of the capital asset pricing model (CAPM) due to Sharpe (1964) and Lintner (1965), when the number of securities, N, is large relative to the time dimension, T, of the return series. In the case of cross-sectionally correlated...
Persistent link: https://www.econbiz.de/10010550527
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Formal Education Versus Learning-by-Doing
Gavrel, Frédéric; Lebon, Isabelle; Rebiere, Therese - Institute for the Study of Labor (IZA) - 2014
The efficiency of educational choices is studied in a search-matching model where individuals face a tradeoff: acquiring formal education or learning while on the job. When their education effort is successful, newcomers directly obtain a high-skill job; otherwise, they begin with a low-skill...
Persistent link: https://www.econbiz.de/10010812517
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Predictability of Asset Returns and the Efficient Market Hypothesis
Pesaran, Hashem - Institute for the Study of Labor (IZA) - 2010
This paper is concerned with empirical and theoretical basis of the Efficient Market Hypothesis (EMH). The paper begins with an overview of the statistical properties of asset returns at different frequencies (daily, weekly and monthly), and considers the evidence on return predictability, risk...
Persistent link: https://www.econbiz.de/10008466034
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Wie wirken die automatischen Stabilisatoren in der Wirtschaftskrise? Deutschland im Vergleich mit der EU und den USA
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - Institute for the Study of Labor (IZA) - 2009
Europäischen Union und in den USA in der aktuellen Wirtschaftskrise. Dazu werden zwei Szenarien simuliert: erstens ein …
Persistent link: https://www.econbiz.de/10008550505