Showing 11 - 20 of 70
In Europe, there are significant differences in the extent and in the structure of in-work poverty. Based on a comparison of 20 countries the present study analyses to what extent this is due to the differences in the institutional framework conditions of a given country. The analy-ses are based...
Persistent link: https://www.econbiz.de/10010271570
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/10010368445
This work proposes a task-based methodology for the measurement of employment and investment in organisational capital … total employment to represent between 9.5% (Denmark) to 26% (United Kingdom), with an average of 16%. Total investment in OC ….2% across all countries. Managers appear to account for less than half of total employment and investment in OC, and total …
Persistent link: https://www.econbiz.de/10011404232
model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks …
Persistent link: https://www.econbiz.de/10011999332
address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment …
Persistent link: https://www.econbiz.de/10010286305
This paper extends the idea of using ex-ante risk measures in a model of precautionary savings by explicitly simulating future net-income risks. The uncertainty measure takes into account the interdependency of labour market status and health. The model is estimated for prime age males using the...
Persistent link: https://www.econbiz.de/10010287263
We estimate the macroeconomic effects of import tariffs and trade policy uncertainty in the United States, combining theory-consistent and narrative sign restrictions on Bayesian SVARs. We find mostly adverse consequences of protectionism. Tariff shocks are more important than trade policy...
Persistent link: https://www.econbiz.de/10014474963
The paper analyses the global spillovers of the Federal Reserve's unconventional monetary policy measures. First, we find that Fed measures in the early phase of the crisis (QE1), but not since 2010 (QE2), were highly effective in lowering sovereign yields and raising equity markets in the US...
Persistent link: https://www.econbiz.de/10010316434
This paper re-evaluates the US external deficit which has considerably widened over the 1990s. US safe asset provision to the rest of the world is the dominant explanation for the persistent nature of the US external deficit. We suggest that apart from the safe asset hypothesis, there is an...
Persistent link: https://www.econbiz.de/10014530296
Using unit labor cost (ULC) data from Euro area countries as well as US States and German L¨ander we investigate inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models. All in all we cannot reject convergence of ULC growth...
Persistent link: https://www.econbiz.de/10010260904