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areas, and this paper shows that workers in rural areas in Europe are more likely to be self-employed, despite more …
Persistent link: https://www.econbiz.de/10012821909
Using comparable survey data from twelve European countries we investigate households' attitudes towards mortgage indebtedness. We find that a given debt burden creates much higher distress in Southern countries, France and Belgium, where fewer households have a mortgage outstanding relative to...
Persistent link: https://www.econbiz.de/10003926442
Much of the existing literature on the use of informal credit arrangements such as ROSCAs (Rotating and Credit Saving Associations) theorises the use of such institutions as arising from market failures in the development of formal saving and credit mechanisms. As economic development proceeds,...
Persistent link: https://www.econbiz.de/10009308836
that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in … and the associated change in interest rate does not affect change in bank credit, change in total debt and the proportion … of bank credit in total debt for any of the firms. We discuss the policy implications of the findings. …
Persistent link: https://www.econbiz.de/10011493763
This paper analyzes the joint effect of EPL and financial market imperfections on investment, capital-labour substitution, labour productivity and job reallocation in a cross-country framework. In the spirit of Rajan and Zingales (1998) and Ciccone and Papaioannou (2006), we exploit variation in...
Persistent link: https://www.econbiz.de/10003832294
This paper explores the connection between education and wage inequality in nine European countries. We exploit the quantile regression technique to calculate returns to lower secondary, upper secondary and tertiary education at different points of the wage distribution. We find that returns to...
Persistent link: https://www.econbiz.de/10003115149
We use eight waves from the European Community Household Panel (1994-2001) to analyze the intertemporal labor supply behavior of married women in six European countries (Netherlands, France, Spain, Italy, Germany and United Kingdom) using dynamic binary choice models with different initial...
Persistent link: https://www.econbiz.de/10003039651
education performance decline in Europe by providing information on 20 year reading achievement trends, average performance … Europe by first comparing countries' education distributions between 2016 and 2021 and second by investigating changes in the …
Persistent link: https://www.econbiz.de/10014412448
We revisit the universality of the "caregiving daughter effect", which holds that daughters tend to provide more care to their older parents than sons. Based on rich European data, we document evidence of such an effect in countries with large gender disparities in employment rates, where having...
Persistent link: https://www.econbiz.de/10014431394
-term care (LTC) estimates. This paper estimates the net wellbeing value of adult IC in Europe, drawing on a wellbeing …
Persistent link: https://www.econbiz.de/10015135029