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Venture capital investment and labor market performance : new empirical evidence for OECD countries
Belke, Ansgar (contributor); Schaal, Andreas (contributor) - 2004
Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...
Persistent link: https://www.econbiz.de/10002540743
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Are unemployment rates in OECD countries stationary? : evidence from univariate and panel unit root tests
Khraief, Naceur; Shahbaz, Muhammad; Heshmati, Almas; … - 2015
This paper revisits the dynamics of unemployment rate for 29 OECD countries over the period of 1980-2013. Numerous empirical studies of the dynamics of unemployment rate are carried out within a linear framework. However, unemployment rate can show nonlinear behaviour as a result of business...
Persistent link: https://www.econbiz.de/10011407928
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Downward real wage rigidity and equal treatment wage contracts : theory and evidence
Snell, Andy; Stüber, Heiko; Thomas, Jonathan P. - 2018
Recent dynamic contracting models of downward real wage rigidity with "equal treatment" - newly hired workers cannot price themselves into jobs by undercutting incumbents – imply that real wages are relatively rigid in "bad" times but upwardly flexible during "good" times. We use an...
Persistent link: https://www.econbiz.de/10011855567
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Corporate training and skill gaps : did COVID-19 stem EU convergence in training investments?
Pouliakas, Konstantinos; Wruuck, Patricia - 2022
remain - and the Covid-19 shock may have exacerbated them. This report analyses European firms' investment in training over … the last six years examining trends, factors supporting training investment as well as the impact of the Covid-19 shock …. We base the empirical analysis on a unique dataset, the European Investment Bank's Investment Survey (EIBIS), which …
Persistent link: https://www.econbiz.de/10013260142
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Do non-economic quality of life factors drive immigration?
Lewer, Joshua J.; Pacheco, Gail; Rossouw, Stephanié - 2009
This paper contributes to the immigration literature by generating two unique non-economic quality of life (QOL) indices and testing their role on recent migration patterns. Applying the generated quality of life indices in conjunction with other independent welfare measures to an extended...
Persistent link: https://www.econbiz.de/10003894913
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Identifying the common component of international economic fluctuations : a new approach
Lumsdaine, Robin L.; Prasad, Eswar S. - 2002
In this paper, we develop an aggregation procedure using time-varying weights for constructing the common component of international economic fluctuations. The methodology for deriving time-varying weights is based on some stylized features of the data documented in the paper. The model allows...
Persistent link: https://www.econbiz.de/10011411238
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The tax system incidence on unemployment : a country-specific analysis for the OECD economies
García Martínez, José Ramón (contributor);  … - 2006
This paper provides a detailed analysis on the incidence of the tax structure on the labor market. To do so it goes beyond the traditional examination of the 'level' effect of the fiscal wedge and considers a 'composition' effect defined as a payroll tax bias (PTB): the proportion of payroll...
Persistent link: https://www.econbiz.de/10003355556
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Does the quality of industrial relations matter for the macro economy? : A cross-country analysis using strikes data
Addison, John T. (contributor);  … - 2006
Using international data, we investigate whether the quality of industrial relations matters for the macro economy. We measure industrial relations inversely by strikes -- which proxy we cross-check with an industrial relations reputation indicator -- and our macro performance outcome is the...
Persistent link: https://www.econbiz.de/10003278948
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Trade and unemployment : what do the data say?
Felbermayr, Gabriel; Prat, Julien; Schmerer, Hans-Jörg - 2009
This paper documents a robust empirical regularity: in the long-run, higher trade openness is causally associated to a lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross-sectional data on a larger set of countries. The time...
Persistent link: https://www.econbiz.de/10003847129
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Credit constraints and the persistence of unemployment
Dromel, Nicolas; Kolakez, Elie; Lehmann, Etienne - 2009
In this paper, we argue that credit market imperfections impact not only the level of unemployment, but also its persistence. For this purpose, we first develop a theoretical model based on the equilibrium matching framework of Mortensen and Pissarides (1999) and Pissarides (2000) where we...
Persistent link: https://www.econbiz.de/10003904911