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Eickmeier, Sandra; Gambacorta, Leonardo; Hofmann, Boris - 2013

We explore the concept of global liquidity based on a factor model estimated using a large set of financial and … macroeconomic variables from 24 advanced and emerging market economies. We measure global liquidity conditions based on the common … global factors in the dynamics of liquidity indicators. By imposing theoretically motivated sign restrictions on factor …

Persistent link: https://www.econbiz.de/10009720899

Effects of continuous off-the-job training in East Germany after unification

Lechner, Michael - 1995

Retraining the labor force to match the demands of a modern economy is an important task during the transition process from a centrally planned to a market economy. This need is particular pressing in East Germany, because the transition process is much faster there than in the rest of Eastern...

Persistent link: https://www.econbiz.de/10011620067

Nonparametric bounds on employment and income effects of continuous vocational training in East Germany

Lechner, Michael - 1996

This paper explores the potential of an approach suggested by Manski of obtaining nonparametric bounds for treatment effects in evaluation studies without knowledge of the participation process. The practical concern is the effects of continuous vocational training in East Germany. The empirical...

Persistent link: https://www.econbiz.de/10011622732

Effects of continuous off-the-job training in East Germany after unification

Lechner, Michael - 1995

Persistent link: https://www.econbiz.de/10013428031

Nonparametric bounds on employment and income effects of continuous vocational training in East Germany

Lechner, Michael - 1996

Persistent link: https://www.econbiz.de/10013428065

Microeconometric evaluation of the active labour market policy in Switzerland

Gerfin, Michael - 2000

In the second part of the 1990's Switzerland conducted an ambitious active labour market policy (ALMP) encompassing a wide variety of programmes. We evaluate the effects of these programmes on the individual employment probability of potential participants. Our econometric analysis uses...

Persistent link: https://www.econbiz.de/10013428325