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Unemployment Dynamics in the OECD
Elsby, Michael W.L.; Hobijn, Bart; Sahin, Aysegul - Tinbergen Institute - 2011
We provide a set of comparable estimates for the rates of inflow to and outflow from unemployment using publicly … available data for fourteen OECD economies. We then devise a method to decompose changes in unemployment into contributions … accounted for by changes in inflow and outflow rates for cases where unemployment deviates from its flow steady state, as it …
Persistent link: https://www.econbiz.de/10009367438
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Life Satisfaction Differences between Workers and Non-Workers - The Value of Participation per se
Praag, Bernard M.S. van; Ferrer-i-Carbonell, Ada - Tinbergen Institute - 2002
Is working more than monetary income? This paper attempts to give an answer to this question on the basis of the German Socio-economic Panel data set. By comparing the satisfaction with life between workers and non-workers with the same household income, the monetary value of participating in...
Persistent link: https://www.econbiz.de/10005209443
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The Use of Spatial Filtering Techniques: The Spatial and Space-time Structure of German Unemployment Data
Patuelli, Roberto; Griffith, Daniel A.; Tiefelsdorf, Michael - Tinbergen Institute - 2006
pertaining to regional unemployment in Germany. The available data set comprises information about the share of unemployed …
Persistent link: https://www.econbiz.de/10005144396
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Aggregate Real Wages: Macro Fluctuations and Micro Drivers
Daly, Mary C.; Hobijn, Bart; Wiles, Theodore S. - Tinbergen Institute - 2011
noncyclical. Most of this composition effect works through the part-time employment margin. Remarkably, the unemployment margin …
Persistent link: https://www.econbiz.de/10009367437
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Wage Dynamics and Promotions inside and between Firms
Silva, Antonio Dias da; Klaauw, Bas van der - Tinbergen Institute
We focus on the dynamic relation between wage increases, promotions and job changes. We relate our empirical analyses to the theoretical model of Gibbons and Waldman (1999). In the empirical analyses we use the Portuguese matched employer-employee data Quadros de Pessoal. We conclude from...
Persistent link: https://www.econbiz.de/10005137240
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Social Experiments and Instrumental Variables with Duration Outcomes
Abbring, Jaap H.; Berg, Gerard J. van den - Tinbergen Institute - 2005
This paper examines the empirical analysis of treatment effects on duration outcomes from data that contain instrumental variation. We focus on social experiments in which an intention to treat is randomized and compliance may be imperfect. We distinguish between cases where the treatment starts...
Persistent link: https://www.econbiz.de/10005504899
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The Workers' Value of the Remaining Employment Contract Duration
Ommeren, Jos Van; Hazans, Mihails - Tinbergen Institute - 2005
We introduce and apply a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Worker's willingness to pay for the remaining duration of the employment contract is derived. We provide evidence that workers attach substantial value to...
Persistent link: https://www.econbiz.de/10005504935
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Washington meets Wall Street: A Closer Examination of the Presidential Cycle Puzzle
Kraeussl, R.; Lucas, A.; Rijsbergen, D.; Sluis, P.J. van der - Tinbergen Institute - 2008
This paper tests the policitcal dimensions of the presidential cycle effect in U.S. financial markets. The presidential cycle effect states that average stock market returns are significantly higher in the last two years compared to the first two years of a presidential term. We confirm the...
Persistent link: https://www.econbiz.de/10005209495
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The Political Economy of Bank- and Market Dominance
Perotti, Enrico; Thadden, Ernst Ludwig von - Tinbergen Institute - 2004
Legislation affects corporate governance and the return to human and financial capital. We allow the preference of a political majority to determine both the governance structure and the extent of labor rents. In a society where median voters have relatively more at stake in the form of human...
Persistent link: https://www.econbiz.de/10005795583
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The Political Economy of Financial Systems
Haber, Stephen; Perotti, Enrico - Tinbergen Institute - 2008
This survey reviews the literature on the political economy of financial structure, broadly defined to include the size of capital markets and banking systems as well as the distribution of access to external finance across firms. The theoretical literature on the institutional basis for...
Persistent link: https://www.econbiz.de/10005137221