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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
estimate the impacts of ALMP in Germany for the time period 1999-2001 with regional data of 175 labour office districts. Due to … accounts especially for the inherent simultaneity problem of ALMP. For West Germany we find positive effects of vocational … training and job creation schemes on the labour market situation, whereas the results for East Germany do not allow profound …
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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Phillips curves and unemployment dynamics : a critique and a holistic perspective
Karanassou, Marika (contributor); Sala, Hector (contributor) - 2006
"The conventional wisdom that inflation and unemployment are unrelated in the long-run implies that these phenomena can be analysed by separate branches of economics. The macro literature tries to explain inflation dynamics and estimates the NAIRU. The labour macro literature tries to explain...
Persistent link: https://www.econbiz.de/10003359297
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The aggregate labor market effects of the Swedish Knowledge Lift program
Albrecht, James W. (contributor);  … - 2006
The Swedish adult education program known as the Knowledge Lift (1997-2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labor market outcomes. This is done...
Persistent link: https://www.econbiz.de/10003481904
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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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Beyond the DSGE straitjacket
Pesaran, M. Hashem; Smith, Ron - 2011
Academic macroeconomics and the research department of central banks have come to be dominated by Dynamic, Stochastic, General Equilibrium (DSGE) models based on micro-foundations of optimising representative agents with rational expectations. We argue that the dominance of this particular sort...
Persistent link: https://www.econbiz.de/10009248176
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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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Employment effects of welfare reforms : evidence from a dynamic structural life-cycle model
Haan, Peter (contributor); Prowse, Victoria (contributor);  … - 2008
place in Germany, towards a more Anglo-American system in which a large proportion of transfers are paid to the working poor …
Persistent link: https://www.econbiz.de/10003716521
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Imposed benefit sanctions and the unemployment-to-employment transition : the German experience
Müller, Kai-Uwe (contributor); Steiner, Viktor (contributor) - 2008
positive short- and long-term effects of benefit sanctions which are robust for men and women in East and West Germany. The …
Persistent link: https://www.econbiz.de/10003716523
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Would a legal minimum wage reduce poverty? : a microsimulation study for Germany
Müller, Kai-Uwe (contributor) - 2008
an important policy issue in Germany. We analyze the distributional effects of the introduction of a nationwide legal … and had no negative employment effects. The ineffectiveness of a minimum wage in Germany is mainly due to the existing …
Persistent link: https://www.econbiz.de/10003716530