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On Modeling Household Labor Supply with Taxation

Bargain, Olivier - 2005

households optimizing statically, is strongly rejected when tested against a general model with price- and income … of responses to a tax reform. In particular, large differences appear between standard models and the general model which … consistent with economic theory. The general model we suggest may provide future research with an interesting setting to test …

Persistent link: https://www.econbiz.de/10010262185

Employer Learning and Schooling-Related Statistical Discrimination in Britain

Galindo-Rueda, Fernando - 2003

This paper develops and tests a new model of asymmetric information in the labour market involving employer learning. In the model, I provide theoretical conditions for the identification – based on the experience and tenure profiles of estimated returns to ability and education – of...

Persistent link: https://www.econbiz.de/10010262759

Making Work Pay': in a rationed labour market

Bargain, Olivier; Caliendo, Marco; Haan, Peter; Orsini, … - 2006

We assess the labour supply effects of two 'making work pay' reforms in Germany. We provide evidence in favour of policies that distinguish between low effort and low productivity by targeting individuals with low wages rather than individuals with low earnings. In assessing the policies we...

Persistent link: https://www.econbiz.de/10010267602

Turning 18: What a difference application of adult criminal law makes

Entorf, Horst - 2011

This paper contributes to the literature on specific deterrence by addressing the issue of selecting adolescents into adult and juvenile law systems. In Germany, different from the U.S. and most other countries, turning a critical cutoff age does not cause a sharp discontinuity from juvenile to...

Persistent link: https://www.econbiz.de/10010274674

Misspecification testing in a class of conditional distributional models

Rothe, Christoph; Wied, Dominik - 2012

We propose a specification test for a wide range of parametric models for the conditional distribution function of an outcome variable given a vector of covariates. The test is based on the Cramer-von Mises distance between an unrestricted estimate of the joint distribution function of the data,...

Persistent link: https://www.econbiz.de/10010282420

Real wages and the business cycles in Germany

Marczak, Martyna; Beissinger, Thomas - 2010

This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany. As detrending methods we apply the deterministic trend model, the Beveridge-Nelson decomposition, the Hodrick-Prescott filter, the Baxter-King filter and the structural time...

Persistent link: https://www.econbiz.de/10010274586

The Japanese lost decade and beyond: A chain reaction theory approach

Agnese, Pablo - 2011

The Japanese lost decade has become an intriguing puzzle for both economists and policy-makers alike, as the unemployment rate climbed to unprecedented levels and the growth rate of productivity decreased considerably. More recent times seem to present with a more optimistic outlook, but this is...

Persistent link: https://www.econbiz.de/10010274696

The cycle of violence? An empirical analysis of fatalities in the Palestinian-Israeli conflict

Jaeger, David A.; Paserman, Marco Daniele - 2005

This paper studies the dynamics of violence in the Palestinian-Israeli conflict since the outbreak of the Second (or Al-Aqsa) Intifada in September 2000, during which more than 3,300 Palestinians and more than 1,000 Israelis have been killed. The conflict has followed an uneven pattern, with...

Persistent link: https://www.econbiz.de/10010276241

Identification of New Keynesian Phillips Curves from a global perspective

Dees, Stephane; Pesaran, Mohammad Hashem; Smith, L. Vanessa - 2008

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/10010276262

Exponent of cross-sectional dependence: Estimation and inference

Bailey, Natalia; Kapetanios, George; Pesaran, Hashem - 2012

An important issue in the analysis of cross-sectional dependence which has received renewed interest in the past few years is the need for a better understanding of the extent and nature of such cross dependencies. In this paper we focus on measures of cross-sectional dependence and how such...

Persistent link: https://www.econbiz.de/10010282124