Showing 1 - 10 of 125
This paper examines the impact of rising trade and financial integration on international business cycle comovement among a large group of industrial and developing countries. The results provide at best limited support for the conventional wisdom that globalization has increased the degree of...
Persistent link: https://www.econbiz.de/10005762165
New Keynesian Phillips Curves (NKPC) have been extensively used in the analysis of monetary policy, but yet there are a number of issues of concern about how they are estimated and then related to the underlying macroeconomic theory. The first is whether such equations are identified. To check...
Persistent link: https://www.econbiz.de/10005763475
This paper theoretically investigates the impact of European integration on employment by developing a new-keynesian model where fiscal policy effectively reduces firms’ market power. Stronger product market competition is shown to reduce the marginal ability of governments to improve...
Persistent link: https://www.econbiz.de/10005566365
This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups – industrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then...
Persistent link: https://www.econbiz.de/10005566406
receiving a child care subsidy among disadvantaged mothers with young children. In particular, we collect data on the location … families must travel from home in order to reach the nearest office that administers the subsidy application process. Using … in the distance to a public human services agency reduces the likelihood that a family receives a child care subsidy …
Persistent link: https://www.econbiz.de/10009325425
A complete account of the U.S. child care subsidy system requires an understanding of its implications for both … fill this gap by examining the impact of child care subsidy receipt on maternal health and the quality of child … of family well-being. In addition, we attempt to handle the possibility of non-random selection into subsidy receipt by …
Persistent link: https://www.econbiz.de/10009646281
the impact of subsidy receipt on low-income children's weight outcomes in the fall and spring of kindergarten. The goals … subsidy receipt has heterogeneous effects on children's weight at different points in the BMI distribution. Results suggest … that subsidy receipt is associated with increases in BMI and a greater likelihood of being overweight and obese. We also …
Persistent link: https://www.econbiz.de/10005030885
of the criticisms of the current subsidy system, however, is that it overemphasizes work and does little to encourage … care subsidies for child development. In this paper, we provide a systematic assessment of the impact of subsidy receipt on … relationship between child care subsidies and child development. In particular, our results suggest that subsidy receipt in the …
Persistent link: https://www.econbiz.de/10005702999
-related subsidies raise work levels among this group, little is known about the impact of subsidy receipt on child well-being. In this … distance that families must travel from home in order to reach the nearest social service agency that administers the subsidy … time children reach the end of third grade. Our results point to an unintended consequence of a child care subsidy regime …
Persistent link: https://www.econbiz.de/10008611514
This paper combines, explains and summarizes recent findings from the empirical literature focusing on the FDI's effect on firms' performances by collecting all the relevant firm level quantitative studies to run a regression of regressions focused on Enlarged Europe. The results show that there...
Persistent link: https://www.econbiz.de/10010884079