Showing 1 - 10 of 464
Interest-rate spreads fluctuate widely across time and countries. We characterize their behavior using some 3,200 quarterly observations for 21 advanced and 17 emerging economies since the early 1990s. Before the financial crisis, spreads are 10 times more volatile in emerging economies than in...
Persistent link: https://www.econbiz.de/10012162762
Using Russia as a case study and a global VAR model as a methodological tool, we analyze how heightened geopolitical risk shocks propagate across advanced economies and quantify the economic effects of these events. The global VAR impulse response functions in response to the skyrocketing...
Persistent link: https://www.econbiz.de/10014452016
Persistent link: https://www.econbiz.de/10003363952
public social expenditures and a high unemployment rate are associated with a small positive (or no) immediate impact on …
Persistent link: https://www.econbiz.de/10003850182
-up financing on the structure of unemployment is of interest. We use a cross-country panel data analysis to examine how venture … capital investment influences disaggre-gate unemployment. As we expected, venture capital investment has different influences … on sectoral-, educational- and occupational-specific unemployment. We suggest, on the basis of the regression results …
Persistent link: https://www.econbiz.de/10011506487
This paper investigates the incentives that may induce workers to supplement income from unemployment benefits by … schedule of benefit payments, we describe how informal sector participation changes over the duration of unemployment, in turn … analysis identifies scope for reallocation of resources towards less generous programmes within unemployment protection, which …
Persistent link: https://www.econbiz.de/10011761509
Using the Reserve Bank of Australia's MARTIN model we compare actual monetary policy decisions to a counterfactual in …
Persistent link: https://www.econbiz.de/10013380620
This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
Persistent link: https://www.econbiz.de/10010361496
to unemployment dynamics in Australia is found to be much milder and substantially lower than that of monetary policy …We develop uncertainty indices for the United States and Australia based on freely accessible, real time Google Trends … significant contribution to unemployment dynamics by GTU shocks in the United States. Differently, the contribution of GTU shocks …
Persistent link: https://www.econbiz.de/10011735982
replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first …
Persistent link: https://www.econbiz.de/10011450583