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Formal education, mismatch and wages after transition: Assessing the impact of unobserved heterogeneity using matching estimators

Lamo, Ana; Messina, Julián - 2010

importantly regarding departures from the exogeneity assumptions inherent in the matching estimators used in our analysis. …

Persistent link: https://www.econbiz.de/10011605261

Help wanted: The drivers and implications of labour shortages

Groiss, Martin; Sondermann, David - 2023

Labour shortages have become prevalent across advanced economies. Yet, little is known about which firms are more likely to face them and the impact they have on the labour market. We create a firm-level data set spanning 28 EU countries, 283 regions and 18 sectors, contributing to close this...

Persistent link: https://www.econbiz.de/10014543591

Explaining the Great Moderation: it is not the shocks

Giannone, Domenico; Lenza, Michele; Reichlin, Lucrezia - 2008

This paper shows that the explanation of the decline in the volatility of GDP growth since the mid-eighties is not the decline in the volatility of exogenous shocks but rather a change in their propagation mechanism.

Persistent link: https://www.econbiz.de/10011604911

Foreign investors and risk shocks: seeking a safe haven or running for the exit?

Habib, Maurizio Michael; Stracca, Livio - 2013

In this paper we study the impact of shocks to global risk and global risk aversion (such as Lehman) as well as shocks with a more idiosyncratic nature (such as the euro debt crisis) on cross border portfolio flows, taking the perspective of foreign investors. We find robust evidence of...

Persistent link: https://www.econbiz.de/10011605654

Taking gravity online: the role of virtual proximity in international finance

Hellmanzik, Christiane; Schmitz, Martin - 2016

hyperlinks between countries – as a novel proxy for cross-border information flows and cultural proximity more generally. Our … than for debt investment, highlighting the larger information sensitivity of equity investments, and is largest for …-used proxies for information asymmetries and cultural proximity. …

Persistent link: https://www.econbiz.de/10011605924

Are asset price data informative about news shocks? A DSGE perspective

Iskrev, Nikolay - 2018

models containing news shocks. This paper shows how to formally evaluate the information content of observed variables with …

Persistent link: https://www.econbiz.de/10011916865

Financial intermediation and technology: What's old, what's new?

Boot, Arnoud W. A.; Hoffmann, Peter; Laeven, Luc; … - 2020

information (data collection and processing) and communication (relationships and distribution). Both follow historic trends … towards an increased use of hard information and less inperson interaction, which are accelerating rapidly. We point to more …

Persistent link: https://www.econbiz.de/10012422100

Why do Europeans work part-time? A cross-country panel analysis.

Buddelmeyer, Hielke; Mourre, Gilles; Ward-Warmedinger, … - 2008

This empirical paper seeks to determine the relative contribution of the business cycle and structural factors to the development of part-time employment in the EU-15 countries over the 1980s and 1990s, exploiting a panel of EU countries. In the short-run, the business cycle is found to exert a...

Persistent link: https://www.econbiz.de/10011604918

Labour force participation in the euro area: a cohort based analysis

Balleer, Almut; Gómez-Salvador, Ramón; Turunen, Jarkko - 2009

We use a cohort based model to analyse determinants of labour force participation for disaggregated groups of workers in the euro area and the five largest euro area countries. The model captures age and cohort effects as indicators of (unobserved) determinants of participation behaviour. We use...

Persistent link: https://www.econbiz.de/10011605095

Hours of Work Polarisation?

Dias da Silva, Antonio - 2019

We investigate the relationship between hours per worker and employment polarisation. Our core question is whether hours per worker follow the same polarisation patterns as previously observed for employment, measured by either heads or total hours. Using the occupational task index measures of...

Persistent link: https://www.econbiz.de/10012860193