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Counterfactual analysis in macroeconometrics : an empirical investigation into the effects of quantitative easing
Pesaran, M. Hashem; Smith, Ron - 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/10009548055
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The contribution of social transfers to the reduction of poverty
Longford, Nicholas T.; Nicodemo, Catia - 2010
We interpret social transfers broadly as a set of measures to reduce or relieve poverty, and study how well this purpose is served in the countries that participated in the European Union Statistics on Income and Living Conditions in 2007. Motivated by the findings, we characterise a social...
Persistent link: https://www.econbiz.de/10009013077
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R&D decisions and productivity growth : evidence from Switzerland and the Netherlands
Dobbelaere, Sabien; König, Michael D.; Spescha, Andrin; … - 2024
The fraction of R&D active firms decreased in Switzerland but increased in the Netherlands from 2000-2016. This paper …-productivity firms in Switzerland. Innovation support sustains firms' R&D activities in both countries. Our structural growth model … identifies the impact of innovation, imitation and R&D costs on firms' R&D decisions. R&D costs gained importance in Switzerland …
Persistent link: https://www.econbiz.de/10014535654
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Equilibrium simulation with microeconometric models : a new procedure with an application to income support policies
Colombino, Ugo - 2012
-time jobs). The most common use of these models is the simulation of tax-transfer reforms. The simulation is usually interpreted … simulation procedure, however, typically keeps fixed the estimated alternative-specific constants. In this note we argue that …-specific constants leads to the development of a simulation procedure consistent with the comparative statics interpretation. The …
Persistent link: https://www.econbiz.de/10009559073
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Macroeconometric evaluation of active labour market policies in Germany : a dynamic panel approach using regional data
Hujer, Reinhard; Blien, Uwe; Caliendo, Marco; Zeiss, … - 2002
Most evaluation studies of active labour market policies (ALMP) focus on the microeconometric evaluation approach using individual data. However, as the microeconometric approach usually ignores impacts on the non-participants, it should be seen as a first step to a complete evaluation which has...
Persistent link: https://www.econbiz.de/10011414213
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Macroeconomic impacts of ALMP on the matching process in West Germany
Hujer, Reinhard (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001808448
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Causality and econometrics
Heckman, James J.; Pinto, Rodrigo - 2022
This paper examines the econometric causal model for policy analysis developed by the seminal ideas of Ragnar Frisch and Trygve Haavelmo. We compare the econometric causal model with two popular causal frameworks: Neyman-Holland causal model and the do-calculus. The Neyman-Holland causal model...
Persistent link: https://www.econbiz.de/10012886838
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Empirical evidence on the effectiveness of social public procurement policy : the case of the Swiss apprenticeship training system
Leiser, Mirjam Strupler; Wolter, Stefan C. - 2016
In this paper we assess the effectiveness of a social public procurement policy in Switzerland that gives firms that …
Persistent link: https://www.econbiz.de/10011449858
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Time-to-degree and the business cycle
Messer, Dolores (contributor); Wolter, Stefan C. (contributor) - 2007
When students themselves enjoy large degrees of freedom in determining the duration of their studies, it results in a fairly large degree of interindividual variance in terms of time-to-degree. This paper investigates individual time-to-degree in a model where students determine the optimum...
Persistent link: https://www.econbiz.de/10003594440
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Empirical findings on the Swiss migration experience
Golder, Stefan M.; Straubhaar, Thomas - 1999
Switzerland has experienced a substantial influx of immigrants over the last 50 years after World War II, which has led … Switzerland to have among the highest share of foreigners in population among all OECD countries. This paper analyses the … migration experience of Switzerland. The analysis centres around two main issues: the economic effects of migration and the …
Persistent link: https://www.econbiz.de/10011295419