Showing 1 - 10 of 923
This paper empirically investigates the effect of the EU-South Korea free trade agreement (FTA) on manufacturing trade … flows. By applying a state-of-the-art structural gravity model with intranational (i.e., domestic) trade and using … disaggregated data, we quantify both the trade impact and the observed heterogeneity in the FTA estimates. In line with literature …
Persistent link: https://www.econbiz.de/10014356357
We empirically analyse the response of US manufacturing labour market variables to various shocks, notably to trade … standard set of labour-market related variables (employment, real compensation, productivity and capital stock) and exogenous … factors (a sector-specific measure of trade openness, along with common technology and oil price shocks), specific measures of …
Persistent link: https://www.econbiz.de/10011604777
is directly aimed at reducing disparities in the employment sector. Against this background, the paper analyses the … impact of EU structural funds on employment drawing on a panel dataset of 130 European NUTS regions over the time period 1999 …
Persistent link: https://www.econbiz.de/10013118136
We use a cohort based model to analyze 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/10013160420
We explore the impact of wage adjustment on employment with a focus on the role of downward nominal wage rigidities. We … results point to a negative effect of downward wage rigidities on employment at the firm level …
Persistent link: https://www.econbiz.de/10012945757
This paper analyses differences in employment volatility in foreign-owned and domestic companies using firm-level data … from 24 European countries. The presence of foreign-owned companies may lead to higher employment volatility because … more exposed to external shocks. We assess the conditional employment volatility of firms with foreign and domestic owners …
Persistent link: https://www.econbiz.de/10013051164
develop a suite of models to provide a more timely estimate (nowcast) of euro area quarterly employment growth based on a … timely assessment of employment developments with unemployment rates and sentiment indicators containing most of the relevant …
Persistent link: https://www.econbiz.de/10014354741
. cost and wage vs. employment adjustments in response to cost-push shocks depend – in theoretically sensible ways – on the … that the pass-through is lower in highly competitive firms. Furthermore, a high degree of employment protection and …
Persistent link: https://www.econbiz.de/10013133770
We study the effect of interbank market integration on small firm finance in the build-up to the 2007-2008 financial crisis. We use a comprehensive data set that contains contract terms on individual loans to 6,047 firms across 14 European countries between 1998:01 and 2005:12. We account for...
Persistent link: https://www.econbiz.de/10013137713
We assess the impact of the Eurosystem's Targeted Long-Term Refinancing Operations (TLTROs) on the lending policies of euro area banks. We first build a theoretical model in which banks compete in the credit and deposit markets. We distinguish between direct and indirect effects. Direct effects...
Persistent link: https://www.econbiz.de/10012844182