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low female employment regime. Family size is instrumented using twinning and gender composition of the first two children …. Among families with at least one child we identify the average causal effect of an additional child on mother's employment … to be -7.1 percentage points. However, we find no effect of additional children on female employment among families with …
Persistent link: https://www.econbiz.de/10013098590
(1990-2014), while controlling for changing sample selection into full-time employment. Our findings show that the selection … into fulltime employment. However, we show that selection-corrected wages of male and female workers at the lower half of … of the male full-time employment force over time, which in spite of the rather constant male full-time employment rate …
Persistent link: https://www.econbiz.de/10012844289
As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important to better understand which variables influence the first hiring decision and which ones influence the subsequent survival as an employer. Using the German Socioeconomic Panel...
Persistent link: https://www.econbiz.de/10012859845
This paper studies the association between a country's level of financial development and firms' employment growth. We … development affects the employment of firms with low managerial capital negatively, while firms with high managerial capital … managerial capital. Our findings confirm a non-linear effect of financial development on firm employment. Specifically, the …
Persistent link: https://www.econbiz.de/10013052318
, informal child care, and informal employment opportunities prevail, find mixed results. Using Mexican census data, I find a … positive effect of an instrument-induced increase in fertility on maternal employment driven by an increase in informal work … this complier-specific effect indicate that the response in informal employment is non-negative for the entire sample …
Persistent link: https://www.econbiz.de/10014031739
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … causality tests. The empirical results strongly support the existence of a single cointegrating relationship between employment … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10014042997
In this paper we use fractional integration techniques to examine the degree of integration of four US stock market indices, namely the Standard and Poor, Dow Jones, Nasdaq and NYSE, at a daily frequency from January 2005 till December 2009. We analyse the weekly structure of the series and...
Persistent link: https://www.econbiz.de/10013135946
This paper examines the relationship between US disposable personal income (DPI) and house price index (HPI) during the last twenty years applying fractional integration and long-range dependence techniques to monthly data from January 1991 to July 2010. The empirical findings indicate that the...
Persistent link: https://www.econbiz.de/10013137093
This paper uses long-range dependence techniques to analyse two important features of the US Federal Funds effective rate, namely its persistence and cyclical behaviour. It examines annual, monthly, bi-weekly and weekly data, from 1954 until 2010. Two models are considered. One is based on an...
Persistent link: https://www.econbiz.de/10013097750
In this paper we examine the role of mortgage equity withdrawal in explaining the decline of the US saving rate, since when house prices rise and mortgage rates are low, homeowners have an incentive to withdraw housing equity and this may affect the saving rate. We estimate a Vector Error...
Persistent link: https://www.econbiz.de/10013102093