Showing 1 - 10 of 20
Berufsanfängern und vormalig Beschäftigten einen alternativen Weg in den Arbeitsmarkt. Der vorliegende Aufsatz analysiert die … Arbeitsmarkt. Sinkende Löhne bei steigenden Beschäftigungsanteilen deuten auf eine Ventilfunktion für den regulären Arbeitsmarkt …
Persistent link: https://www.econbiz.de/10005861877
We use a static framework characterized by both moral hazard and holdup problems. In the model the optimal allocation of bargaining power balances these frictions. We examine the impact of improved monitoring on that optimal allocation and its impact upon effort, investment, profits and rents....
Persistent link: https://www.econbiz.de/10005858082
We compare the effect of legal and institutional competition for the design of labor institutions in an environment characterized by holdup problems in human and physical capital. We compare autarky with the two country case, assuming that capital is perfectly mobile and labor immobile. We...
Persistent link: https://www.econbiz.de/10005858086
Using an administrative data set containing daily information on individual workers' employment histories, we investigate how workers' labour market transitions are affected by international outsourcing. In order to do so, we estimate hazard rate models for match separations, as well as for...
Persistent link: https://www.econbiz.de/10005860576
to forecast financial markets volatility. The real data in this study uses British Pound-US Dollar (GBP) daily exchange …
Persistent link: https://www.econbiz.de/10005860742
Die Prognose der Insolvenzgefährdung von Unternehmen anhand statistischer Methodik war und ist eine bedeutende Aufgabe …
Persistent link: https://www.econbiz.de/10005860996
We use dynamic panel analysis to examine whether credit rating agencies achieve what they claim to achieve, namely, look into the future when assigning their ratings. We find that Moodey's ratings help predict individual financial ratios over a horizon of up to five years. Ratings also predict a...
Persistent link: https://www.econbiz.de/10005860997
Predicting default probabilities is important for firms and banks to operate successfully and to estimate their specific risks. There are many reasons to use nonlinear techniques for predicting bankruptcy from financial ratios. Here we propose the so called Support Vector Machine (SVM) to...
Persistent link: https://www.econbiz.de/10005861245
Measuring dependence in a multivariate time series is tantamount to modelling its dynamic structure in space and time. In the context of a multivariate normally distributed time series, the evolution of the covariance (or correlation) matrix over time describes this dynamic. A wide variety of...
Persistent link: https://www.econbiz.de/10005861261
It is investigated whether Euro-area variables can be forecast better based on synthetic time series for the pre …-Euro period or by using just data from Germany for the pre-Euro period. Our forecast comparison is based on quarterly data for the …
Persistent link: https://www.econbiz.de/10005861273