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individual effects on economic growth and volatility using the power-ARCH framework with annual data since the 1890s. The results …
Persistent link: https://www.econbiz.de/10010440609
individuals' sleep time exhibits both variability and volatility characterized by stationary autoregressive conditional … young children at home. Volatility is greater among parents with young children, slightly greater among men than women, but … rates. Volatility in sleep spills over onto volatility in other personal activities, with no reverse causation onto sleep …
Persistent link: https://www.econbiz.de/10012805079
There is a large literature on earnings and income volatility in labor economics, household finance, and macroeconomics …. One strand of that literature has studied whether individual earnings volatility has risen or fallen in the U.S. over the … data. Using common specifications, measures of volatility, and other treatments of the data, four of the six data series …
Persistent link: https://www.econbiz.de/10012887281
Bubbles are recurrent events, which contribute to both macroeconomic and employment volatility. We introduce stochastic …
Persistent link: https://www.econbiz.de/10011543923
business cycle volatility, hinting at a stabilizing effect of public employment, while public wages correlate weakly and … positively with business cycle volatility, hinting at a destabilizing effect of public wages. To explain these relationships, we …
Persistent link: https://www.econbiz.de/10011480769
divergence in growth and volatility. The results have important implications for the appropriate choice of aggregate wage series …
Persistent link: https://www.econbiz.de/10011452713
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
Persistent link: https://www.econbiz.de/10001838244
This paper presents a model for the heterogeneity and dynamics of the conditional mean and the conditional variance of standardized individual wages. In particular, a heteroskedastic autoregressive model with multiple individual fixed effects is proposed. The expression for a modified likelihood...
Persistent link: https://www.econbiz.de/10003936729
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting … these sources. -- household income ; volatility ; wealth ; medical spending …
Persistent link: https://www.econbiz.de/10009656083