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Transmission of US and EU economic policy uncertainty shock to Asian economies in bad and good times
Balcilar, Mehmet; Ozdemir, Zeynel Abidin; Ozdemir, Huseyin - 2020
This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South Korea) to economic policy uncertainty (EPU) of US and EU, and oil prices in different state of the economies. To investigate these dynamics, we use the relative tail dependence...
Persistent link: https://www.econbiz.de/10012226632
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Growing up in a recession : beliefs and the macroeconomy
Giuliano, Paola; Spilimbergo, Antonio - 2009
Do generations growing up during recessions have different socio-economic beliefs than generations growing up in good times? We study the relationship between recessions and beliefs by matching macroeconomic shocks during early adulthood with self-reported answers from the General Social Survey....
Persistent link: https://www.econbiz.de/10003884097
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Macroeconomic policy and unemployment by economic activity : evidence from Turkey
Berument, Hakan (contributor); Dogan, Nukhet (contributor);  … - 2008
that the positive income shock is followed by a decrease in unemployment in all economic activity groups during the initial … periods except the unemployment in the Electricity sector and the Community Services sector. A positive money shock decreases … positive interbank interest rate shock increases the unemployment in all economic activities at the initial levels but derives …
Persistent link: https://www.econbiz.de/10003688806
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Macroeconomic impacts of Canadian immigration : results from a macro-model
Dungan, Douglas Peter; Fang, Tony; Gunderson, Morley - 2012
. -- macroeconomic impact ; immigration ; FOCUS Model ; Canada …
Persistent link: https://www.econbiz.de/10009570282
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Fighting poverty : assessing the effect of guaranteed minimum income proposals in Québec
Clavet, Nicholas-James; Duclos, Jean-Yves; Lacroix, Guy - 2013
pauvreté et l'exclusion sociale to guarantee every individual an income equal to 80% of Statistics Canada's Market Basket …
Persistent link: https://www.econbiz.de/10009721328
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How disasters affect local labor markets : the effects of hurricanes in Florida
Belasen, Ariel R. (contributor);  … - 2007
Exogenous shocks often impact a local labor market more than at the national level. This study improves upon the standard Difference in Difference (DD) approach by examining exogenous shocks using a Generalized Difference in Difference (GDD) econometric approach that identifies the effects of...
Persistent link: https://www.econbiz.de/10003635285
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Marriage, divorce and interstate risk sharing
Halla, Martin (contributor); Scharler, Johann (contributor) - 2008
In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married couples account for a higher share of the population are less exposed to state-specific output shocks. Thus, marriages do not just improve the allocation of risk at the...
Persistent link: https://www.econbiz.de/10003760281
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On-the-job search, productivity shocks and the individual earnings process
Postel-Vinay, Fabien (contributor);  … - 2006
Individual labor earnings observed in worker panel data have complex, highly persistent dynamics. We investigate the capacity of a structural job search model with i.i.d. productivity shocks to replicate salient properties of these dynamics, such as the covariance structure of earnings, the...
Persistent link: https://www.econbiz.de/10003339578
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Does local business ownership insulate cities from economic shocks?
Kolko, Jed; Neumark, David - 2009
We assess a prominent argument for local economic policies that favor locally-owned businesses - namely, that locally-owned firms are more likely to internalize the costs to the community of decisions to reduce employment and hence help to insulate cities from adverse economic shocks. We test...
Persistent link: https://www.econbiz.de/10003898087
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Employment, wages, and the economic cycle : differences between immigrants and natives
Dustmann, Christian; Glitz, Albrecht; Vogel, Thorsten - 2009
In this paper, we analyse differences in the cyclical pattern of employment and wages of immigrants and natives for two large immigrant receiving countries, Germany and the UK. We show that, despite large differences in their immigrant populations, there are similar and significant differences...
Persistent link: https://www.econbiz.de/10003899988