Narrow search
Showing 1 - 10 of 2,225
Cover Image
Couples' time-use and aggregate labor market outcomes
Balleer, Almut; Merz, Monika; Papp, Tamás K. - 2021
We present a model of the time-allocation decision of spouses in order to study the role of heterogeneity in preferences and wages for couples' labor supply. Spouses differ in their tastes for market consumption and non-market goods and activities, and also in their offered or earned wages. They...
Persistent link: https://www.econbiz.de/10012550274
Cover Image
Macroeconomic conditions and health in Britain : aggregation, dynamics and local area heterogeneity
Janke, Katharina; Lee, Kevin; Propper, Carol; Shields, … - 2020
We estimate a model that allows for dynamic and interdependent responses of morbidity in different local areas to economic conditions at the local and national level, with statistical selection of optimal local area. We apply this approach to quarterly British data on chronic health conditions...
Persistent link: https://www.econbiz.de/10012198316
Cover Image
Welfare in models of trade with heterogeneous firms
Janiak, Alexandre (contributor) - 2008
I illustrate that the welfare improvement property of the Melitz model is due to the shape of the aggregate labor demand curve, which slopes upwards. By slightly changing some assumptions in the model, this curve may have a negative slope. In this case, increases in aggregate productivity result...
Persistent link: https://www.econbiz.de/10003771871
Cover Image
Time aggregation and state dependence in welfare receipt
Bhuller, Manudeep; Brinch, Christian; Königs, Sebastian - 2016
effect of past benefit receipt increasing with the level of aggregation. The model can be improved considerably by permitting …
Persistent link: https://www.econbiz.de/10011453987
Cover Image
Real options effects on employment : does exchange rate uncertainty matter for aggregation?
Belke, Ansgar (contributor); Göcke, Matthias (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002035678
Cover Image
A simple solution to the identification problem in detailed wage decompositions
Yun, Myeong-Su (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001776094
Cover Image
Employer-to-employer transitions and time aggregation bias
Bertheau, Antoine; Vejlin, Rune Majlund - 2022
The rate at which workers switch employers without experiencing a spell of unemployment is one of the most important labor market indicators. However, Employer-to-Employer (EE) transitions are hard to measure in widely used matched employer-employee datasets such as those available in the US. We...
Persistent link: https://www.econbiz.de/10012805855
Cover Image
Aggregation in large dynamic panels
Pesaran, M. Hashem; Chudik, Alexander - 2011
This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … Pesaran (2003), an optimal aggregate function is derived, and the limiting behavior of the aggregation error is investigated … which "observed" inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our …
Persistent link: https://www.econbiz.de/10009130496
Cover Image
The US inflation-unemployment tradeoff : methodological issues and further evidence
Karanassou, Marika; Sala, Hector - 2009
This paper addresses the various methodological issues surrounding vector autoregressions, simultaneous equations, and chain reactions, and provides new evidence on the long-run inflation-unemployment tradeoff in the US. It is argued that money growth is a superior indicator of the monetary...
Persistent link: https://www.econbiz.de/10003878210
Cover Image
Monetary policy, growth and employment in developing areas : a review of the literature
Junankar, Pramod N. - 2019
In this paper we review the literature on the impact that monetary policy has on growth and employment in developing countries. Much of the literature focusses on the impact of monetary policy on inflation levels and inflation volatility, and sometimes on output (GDP) levels and volatility of...
Persistent link: https://www.econbiz.de/10011988624