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Firm responses to employment subsidies: a regression discontinuity approach to the 2012 Spanish labour market reform
Gamberoni, Elisa; Gradeva, Katerina; Weber, Sebastian - 2016
This study focuses on the employment effect of a hiring subsidy available to firms with less than 50 employees, granted in the context of the 2012 Spanish labour market reform. Exploiting the arbitrary firm size threshold using regression discontinuity design, estimates show on average 2...
Persistent link: https://www.econbiz.de/10011606015
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Firm Responses to Employment Subsidies : A Regression Discontinuity Approach to the 2012 Spanish Labour Market Reform
Gamberoni, Elisa - 2017
This study focuses on the employment effect of a hiring subsidy available to firms with less than 50 employees, granted in the context of the 2012 Spanish labour market reform. Exploiting the arbitrary firm size threshold using regression discontinuity design, estimates show on average 2...
Persistent link: https://www.econbiz.de/10012965549
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Public debt asymmetries: the effect on taxes and spending in the European Union
Krogstrup, Signe - 2002
countries, the paper investigates the effect of asymmetric debt service obligations on taxes, primary spending and the tax mix … service on taxes, primary spending and the tax mix is derived in a simple model of tax competition, and the hypotheses derived … lead to asymmetries in taxes and primary expenditures across EU countries, with high debt countries having lower …
Persistent link: https://www.econbiz.de/10011604208
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Rent indices for housing in West Germany 1985 to 1998
Hoffmann, Johannes; Kurz, Claudia - 2002
In several studies, hedonic methods have been used successfully for the ex post assessment of the accuracy of inflation measurement. Most of those studies relate to high-tech products, with respect to which traditional methods of compiling price indices often fail. We apply hedonic methods to...
Persistent link: https://www.econbiz.de/10011604162
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Analysing and combining multiple credit assessments of financial institutions
Tabakis, Evangelos; Vinci, Anna - 2002
The last consultative papers of the Basel Committee on Banking Supervision set the path for a future where a wealth of credit assessment sources may be available. New external credit assessment institutions and internal ratings-based assessments will be added to ratings of major international...
Persistent link: https://www.econbiz.de/10011604169
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How persistent is disaggregate inflation? An analysis across EU 15 countries and HICP sub-indices
Lünnemann, Patrick; Mathä, Thomas Y. - 2004
This paper analyses the degree of inflation persistence in the EU15, the euro area and each of its member states using disaggregate price indices from the Harmonised Index of Consumer Prices. Our results reveal substantial heterogeneity across countries and indices. The overall results, based on...
Persistent link: https://www.econbiz.de/10011604461
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Does product market competition reduce inflation? Evidence from EU countries and sectors
Przybyla, Marcin; Roma, Moreno - 2005
In this paper we explore the link between the intensity of product market competition and inflation rates across EU countries and sectors. We consider long-term averages of inflation rates in order to remove the cyclical behavior of inflation over time and as alternative proxies of competition...
Persistent link: https://www.econbiz.de/10011604499
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Determinants of business cycle synchronisation across euro area countries
Böwer, Uwe; Guillemineau, Catherine - 2006
We investigate the key factors underlying business cycle synchronisation in the euro area applying the extreme-bounds analysis. We examine both traditional determinants and new, EMU-specific policy and structural indicators over the past 25 years. Our evidence seems to support the endogeneity...
Persistent link: https://www.econbiz.de/10011604633
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New survey evidence on the pricing behaviour of Luxembourg firms
Lünnemann, Patrick; Mathä, Thomas Y. - 2006
This paper analyses the pricing behaviour of Luxembourg firms based on survey evidence. Luxembourg firms typically have low market share, many competitors and longstanding customer relationships. Price discrimination is frequently applied. A majority of firms use price review rules that include...
Persistent link: https://www.econbiz.de/10011604663
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Financial integration, international portfolio choice and the European Monetary Union
De Santis, Roberto A.; Gérard, Bruno - 2006
We investigate the determinants of bilateral international equity and bond portfolio reallocation across a large cross section of countries over the 1997 to 2001 period. We first argue that financial integration is not a global phenomenon, as equity and bond home biases declined significantly...
Persistent link: https://www.econbiz.de/10011604672