Showing 1 - 10 of 13
two sides of the Atlantic – Europe and the United States. The contribution of the study is mainly empirical, trying to … Social Survey (ESS), the American General Social Survey (GSS), and the International Social Survey Program (ISSP). Estimation … indeed more religious than the populations in the receiving countries, both in Europe and in the United States; and (b) while …
Persistent link: https://www.econbiz.de/10011084585
This paper presents a modified and improved methodology for the decomposition of wage differentials between two groups … of workers into an endowment component and a discrimination component. The standard decomposition technique does not take … into the wage differential decompositions, two statistical methodologies are merged: the Oaxaca methodology and the Heckman …
Persistent link: https://www.econbiz.de/10005114210
, because rhetoric on the one hand, and content and methodology of the paper on the other, cannot be separated easily. We … productivity constant. We analyse close to 200 papers to investigate what drives authors to talk about ‘discrimination’, whether …
Persistent link: https://www.econbiz.de/10005661487
This paper outlines a simple approach for incorporating extraneous predictions into structural models. The method allows the forecaster to combine predictions derived from any source in a way that is consistent with the underlying structure of the model. The method is flexible enough that...
Persistent link: https://www.econbiz.de/10008519485
We develop monthly indicators for tracking growth in 32 advanced and emerging-market economies. We test the historical performance of our indicators and find that they do a good job at describing the business cycle. In a recursive out-of-sample forecasting exercise, we find that the indicators...
Persistent link: https://www.econbiz.de/10008876579
Macroeconomic policy decisions in real-time are based the assessment of current and future economic conditions. These assessments are made difficult by the presence of incomplete and noisy data. The problem is more acute for emerging market economies, where most economic data are released...
Persistent link: https://www.econbiz.de/10009019577
Financial conditions indexes are developed for the United States and euro area using a wide range of financial indicators and a dynamic factor model. The financial conditions indexes are shown to be useful for forecasting economic activity and have good revision properties.
Persistent link: https://www.econbiz.de/10009019596
One of the most controversial aspects of immigration policy is the impact of foreigners on labour market outcomes of … second part we offer a further argument for a potential detrimental effect of immigration: if wages are negotiated at the …
Persistent link: https://www.econbiz.de/10005662296
In this paper we look at the effects of immigration and trade with Eastern Europe on unemployment in Austria. Using … immigration effect on unemployment duration. Within almost all subgroups there is a significant increase in the length of … unemployment spells as a result of increased immigration. Increased trade with Central and East European Countries (CEECs) seems to …
Persistent link: https://www.econbiz.de/10005792204
There is a considerable empirical literature which compares wage levels of workers who have studied at secondary vocational schools with wages of workers who took academic schooling. In general, vocational education does not lead to higher wages. In some countries where labour markets are...
Persistent link: https://www.econbiz.de/10005123991