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Produce or speculate? : asset bubbles, occupational choice and efficiency

Cahuc, Pierre; Challe, Edouard - 2009

We study the macroeconomic effects of rational asset bubbles in an overlapping-generations economy where asset trading … are large, the private gains associated with trading asset bubbles may lead too many workers to become speculators …, thereby causing rational bubbles to lose their efficiency properties. Moreover, if speculation can be carried out by skilled …

Persistent link: https://www.econbiz.de/10003926432

What do we really know about the employment effects of the UK's national minimum wage?

Brewer, Mike; Crossley, Thomas F.; Zilio, Federico - 2019

A substantial body of research on the UK's National Minimum Wage (NMW) has concluded that the the NMW has not had a detrimental effect on employment. This research has directly influenced, through the Low Pay Commission, the conduct of policy, including the subsequent introduction of the...

Persistent link: https://www.econbiz.de/10012019300

Give me your wired and your highly skilled : measuring the impact of immigration policy on employers and shareholders

Lin, Carl - 2011

The paper links finance theory to labor economics and political economy in the context of migration and immigration policy. Most research treating the impact of immigration has focused on the consequences for employees as measured by wages, earnings, and employment. Less is known about the...

Persistent link: https://www.econbiz.de/10009308050

Taming the housing crisis : an LTV macroprudential policy

Forster, Robert; Sun, Xiaojin - In: Economic modelling 108 (2022), pp. 1-27

Persistent link: https://www.econbiz.de/10013347907

COVID-19 Pandemic and firm-level dynamics in the USA, UK, Europe, and Japan

Ahmad, Wasim; Kutan, Ali Mustafa; Chahal, Rishman Jot Kaur - In: International review of financial analysis 78 (2021), pp. 1-12

Persistent link: https://www.econbiz.de/10013255885

The effect of economic policy uncertainty on the long-term correlation between U.S. stock and bond markets

Fang, Libing; Yu, Honghai; Li, Lei - In: Economic modelling 66 (2017), pp. 139-145

Persistent link: https://www.econbiz.de/10011813695

The combined employment effects of minimum wages and labor market regulation : a meta-analysis

Boockmann, Bernhard - 2010

This paper provides a meta-analysis of 55 empirical studies estimating the employment effects of minimum wages in 15 industrial countries. It strongly confirms the notion that the effects of minimum wages are heterogeneous between countries. As possible sources of heterogeneity, it considers the...

Persistent link: https://www.econbiz.de/10003975149

Robust confidence intervals for average treatment effects under limited overlap

Rothe, Christoph - 2015

Estimators of average treatment effects under unconfounded treatment assignment are known to become rather imprecise if there is limited overlap in the covariate distributions between the treatment groups. But such limited overlap can also have a detrimental effect on inference, and lead for...

Persistent link: https://www.econbiz.de/10010467806

Non-parametric inference for the effect of a treatment on survival times with application in the health and social sciences

DeLuna, Xavier; Johansson, Per - 2009

In this paper we perform inference on the effect of a treatment on survival times in studies where the treatment assignment is not randomized and the assignment time is not known in advance. Two such studies are discussed: a heart transplant program and a study of Swedish unemployed eligible for...

Persistent link: https://www.econbiz.de/10003801073

Assessing the impact of incomes policy : the italian experience

Pastore, Francesco - 2010

The Saint Valentine's decree (1984) and the ensuing hard fought referendum (1985), which reduced the automatisms of scala mobile, started a process of redefinition of wage fixing in Italy, which culminated with the final abolition of scala mobile (1992) and the approval of Protocollo d'intesa...

Persistent link: https://www.econbiz.de/10008779168

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