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Volatility and growth : governments are key
Jetter, Michael - 2013
paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a … volatility is then ambiguous. The paper reveals the underlying endogeneity of government size in a balanced panel of 95 countries … increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …
Persistent link: https://www.econbiz.de/10010228789
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The volatility of survey measures of culture and its consequences
Zanella, Giulio; Bellani, Marina M. - 2019
Common measures of cultural attitudes, such as those constructed from the World Values Survey, are characterized by … substantial within-country volatility. This volatility is at odds with the notion of culture adopted in economics: a set of slow …
Persistent link: https://www.econbiz.de/10012130251
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Duration models and point processes
Florens, Jean-Pierre (contributor);  … - 2007
This survey is devoted to the statistical analysis of duration models and point processes. The first section introduces specific concepts and definitions for single-spell duration models. Section two is devoted to the presentation of conditional duration models which incorporate the effects of...
Persistent link: https://www.econbiz.de/10003635142
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Econometrics of individual labor market transitions
Fougère, Denis (contributor); Kamionka, Thierry (contributor) - 2005
This survey is devoted to the modelling and the estimation of reduced-form transition models, which have been extensively used and estimated in labor microeconometrics. The first section contains a general presentation of the statistical modelling of such processes using continuous-time...
Persistent link: https://www.econbiz.de/10003287608
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Empirical modeling of deprivation contagion among social exclusion dimensions (using MCMC methods)
Poggi, Ambra (contributor);  … - 2007
"Economic theory and empirical evidence clearly show that social exclusion dimensions are inter-related. Notwithstanding that, dimensions are usually assumed independent from one another in the economics literature. In this paper we explore the inter-dependency of social exclusion dimensions and...
Persistent link: https://www.econbiz.de/10003451838
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Comparative analysis of labor market dynamics using Markov processes: an application to informality
Bosch Mossi, Mariano (contributor);  … - 2007
This paper discusses a set of statistics for examining and comparing labor market dynamics based on the estimation of continuous time Markov transition processes. It then uses these to establish stylized facts about dynamic patterns of movement using panel data from Argentina, Brazil and Mexico....
Persistent link: https://www.econbiz.de/10003557346
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Time aggregation and state dependence in welfare receipt
Bhuller, Manudeep; Brinch, Christian; Königs, Sebastian - 2016
Dynamic discrete-choice models are an important tool in studies of state dependence in benefit receipt. A common assumption of such models is that benefit receipt sequences follow a conditional Markov process. This property has implications for how estimated period-to-period benefit transition...
Persistent link: https://www.econbiz.de/10011453987
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Determinants of transitions across formal
Tansel, Aysıt; Ozdemir, Zeynel Abidin - 2015
Informality is a salient feature of labor market in Egypt as it is the case with many developing countries. This is the first study of the determinants of worker transitions between various labor market states using panel data from Egypt. We first provide a diagnosis of dynamic worker flows...
Persistent link: https://www.econbiz.de/10010469678
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When is the best time to give birth?
Frühwirth-Schnatter, Sylvia; Pamminger, Christoph; … - 2014
Using Bayesian Markov chain clustering analysis we investigate career paths of Austrian women after their first birth. This data-driven method allows characterizing long-term career paths of mothers over up to 19 years by transitions between parental leave, non-employment and different forms of...
Persistent link: https://www.econbiz.de/10010398779
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Intrafirm mobility and sex differences in pay
Ransom, Michael R. (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001745322