Showing 1 - 10 of 369
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10003900319
exploit two shocks to Italian bank CDS spreads and equity valuations: the 2007-2009 financial crisis and the 2010 …-2012 sovereign debt crisis. Using newly available data linking over 3,000, mostly privately-held, non-financial firms to their bank …
Persistent link: https://www.econbiz.de/10010229932
The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that financial shocks do translate into the labor markets. In this paper we first document that financial recessions amplify labor market volatility and Okun's elasticity over the...
Persistent link: https://www.econbiz.de/10009613676
(panel) data. By examining labor market transitions, earnings levels, and earnings growth and their correlates using a recent … panel data set for Serbia, this paper combines both of these issues. Estimation of gross transition probabilities reveals … ; earnings growth ; panel data ; Serbia …
Persistent link: https://www.econbiz.de/10009521177
construct a two-period panel of 66 Territorial Authorities (TAs) of New Zealand (NZ) observed in 2008-09 and 2020-21. We find … spatial panel regression models. Additionally, we use machine learning techniques. We find that the most resilient TAs had two …
Persistent link: https://www.econbiz.de/10013347147
's domestic bank by an internationalized banking group. Our results show that, after the acquisition, firms have a significantly … higher probability of starting export in countries where the consolidated bank has a foreign branch, which proxies for the … mainly reduce firms' fixed entry costs in a foreign market. The analysis also shows that other channels, such as bank credit …
Persistent link: https://www.econbiz.de/10013332105
Internally displaced people (IDPs) constitute a serious economic, social and cultural problem for many countries, including countries in transition. Despite the importance of the problem, there are only a handful of previous studies investigating the issue of labor market outcomes of IDPs. We...
Persistent link: https://www.econbiz.de/10011796092
Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We find that newspapers cover announcements by their lenders...
Persistent link: https://www.econbiz.de/10013173241
Along with political and economic changes, the fall of the socialist regimes in Central and Eastern Europe and the former Soviet Union brought about fundamental institutional reforms. Several studies have examined the causes of the increasing unhappiness which accompanied the transition process,...
Persistent link: https://www.econbiz.de/10011387030
In the past twenty years the ever-growing levels of migrants' remittances made state agencies, international organizations, scholars and practitioners to increasingly consider remittances as one of the main engines to promote globalization and growth in the developing world. By transferring home...
Persistent link: https://www.econbiz.de/10011388130