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Glitz, Albrecht - CESifo - 2013

provision of labour market relevant information by former coworkers affects the employment probabilities and, if hired, the … wages of male workers who have previously become unemployed as the result of an establishment closure. To identify the … results suggest a strong positive effect of a higher employment rate in a worker’s network of former coworkers on his re-employment …

Persistent link: https://www.econbiz.de/10010660137

Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into the Effects of Quantitative Easing

Pesaran, M. Hashem; Smith, Ron P. - CESifo - 2012

This paper is concerned with ex ante and ex post counterfactual analyses in the case of macroeconometric applications where a single unit is observed before and after a given policy intervention. It distinguishes between cases where the policy change affects the model’s parameters and where it...

Persistent link: https://www.econbiz.de/10010556848

Regional Policy Evaluation: Interactive Fixed Effects and Synthetic Control

Gobillon, Laurent; Magnac, Thierry - CESifo - 2014

In this paper, we investigate the use of interactive effect or linear factor models in regional policy evaluation. We contrast treatment effect estimates obtained by Bai (2009)’s least squares method with the popular difference in differences estimates as well as with estimates obtained using...

Persistent link: https://www.econbiz.de/10011082836