Showing 1 - 10 of 1,605
The purpose of this study is demonstrating why entrepreneurs should monitor the broad dollar index. This paper explains the reason why the broad dollar index has become a risk (leverage) gauge since 2008 using the Covered Interest Parity (CIP). CIP can be viewed as a reflection of the shadow...
Persistent link: https://www.econbiz.de/10013173246
This paper presents new evidence on international trade and worker outcomes. It examines a big world event that … occurred in any of the world's four major currencies since the collapse of Bretton Woods. Exploiting this variation, the paper … intermediate imports. This provides new direct evidence that, in the modern world of global value chains, it is changes in the cost …
Persistent link: https://www.econbiz.de/10012022416
well spent. Is there an objective way to assess the quality of a nation's world-leading science? I attempt to suggest a … method, and illustrate it with modern data on economics. Of 450 genuinely world-leading journal articles, the UK produced 10 …
Persistent link: https://www.econbiz.de/10003879347
Census data from international sources covering 77% of the world's migrant population indicate that the skill …
Persistent link: https://www.econbiz.de/10011428114
Using logistic and multilevel logistic modelling we examine non-response at the school and pupil level to the important educational achievement survey Programme for International Student Assessment (PISA) for England. The analysis exploits unusually rich auxiliary information on all schools and...
Persistent link: https://www.econbiz.de/10010398731
The international surveys of pupil achievement - PISA, TIMSS, and PIRLS - have been widely used to compare socioeconomic gradients in children's cognitive abilities across countries. Socioeconomic status is typically measured drawing on children's reports of family or home characteristics rather...
Persistent link: https://www.econbiz.de/10010398844
the case of metal crime, where in the face of big increases in value driven by world commodity prices, the incidence of …
Persistent link: https://www.econbiz.de/10011853434
For more than 80 years, many macroeconomic analyses have been premised on the assumption that workers' nominal wage rates cannot be cut. Contrary evidence from household surveys reasonably has been discounted on the ground that the measurement of frequent wage cuts might be an artifact of...
Persistent link: https://www.econbiz.de/10011977635
Using rich administrative tax data, we explore the effects of the introduction of online ridesharing platforms on entry, employment and earnings in the Taxi and Limousine Services industry. Ridesharing dramatically increased the pace of entry of workers into the industry. New entrants were more...
Persistent link: https://www.econbiz.de/10014637338
This paper considers a multivariate t version of the Gaussian dynamic conditional correlation (DCC) model proposed by Engle (2002), and suggests the use of devolatized returns computed as returns standardized by realized volatilities rather than by GARCH type volatility estimates. The t-DCC...
Persistent link: https://www.econbiz.de/10003586562