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Optimal Price Indices for Targeting Inflation Under Incomplete Markets
Anand, Rahul - 2010
In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. In this paper, we develop a two-sector two-good closed economy new Keynesian model to study the optimal choice of price index in markets with...
Persistent link: https://www.econbiz.de/10013139035
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Did the National Minimum Wage Affect UK Prices?
Wadsworth, Jonathan - 2009
One potential channel through which the effects of the minimum wage could be directed is that firms who employ minimum wage workers could pass on any resulting higher labour costs in the form of higher prices. This study looks at the effects of the introduction and subsequent uprating of the...
Persistent link: https://www.econbiz.de/10013155561
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Occupational Mobility of Immigrants in a Low Skilled Economy : The Spanish Case
Simon, Hipolito - 2011
We analyze the occupational mobility of immigrants between their origin countries and Spain and its determinants. We …, immigrants experience a strong occupational downgrading in Spain when compared to their origin countries. This fact is due to the …
Persistent link: https://www.econbiz.de/10013127919
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Is There Discriminatory Mortgage Pricing Against Immigrants in the Spanish Lending Market?
Diaz-Serrano, Luis - 2011
In this paper, we investigate whether evidence of discriminatory treatment against immigrants in the Spanish mortgage market exists. More specifically, we test whether, ceteris paribus, immigrant borrowers tend to be charged with higher interest rates on their mortgages than their Spanish born...
Persistent link: https://www.econbiz.de/10013128211
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Wage Differentials between Native and Immigrant Women in Spain : Accounting for Differences in the Supports
Nicodemo, Catia - 2011
The objective of the study is to quantify the wage gap between native and immigrant women in Spain taking into account …
Persistent link: https://www.econbiz.de/10013128217
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Commuting Time and Labour Supply : A Causal Effect?
Giménez, José Ignacio - 2011
We analyze the causal effect of the length of the worker's commute on worker's productivity, by examining whether commuting time has any effect on worker's labour market supply. Using the Spanish Time Use Survey 2002-03, our GMM/IV estimation yields a positive causal impact of commuting time on...
Persistent link: https://www.econbiz.de/10013129091
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Work, Risk and Health : Differences between Immigrants and Natives in Spain
Solé, Meritxell - 2010
We analyze the impact of working and contractual conditions, particularly exposure to job risks, on the probability of acquiring a disability. We postulate a model in which this impact is mediated by the choice of occupation, with a level of risk associated to it. We assume this choice is...
Persistent link: https://www.econbiz.de/10013135627
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Two-Tier Labor Markets in the Great Recession : France vs. Spain
Bentolila, Samuel - 2010
This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We … contracts and the less restrictive rules regarding the use of the latter contracts in Spain. Using a calibrated search and …
Persistent link: https://www.econbiz.de/10013135650
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Trust and the Choice between Housing and Financial Assets : Evidence from Spanish Households
El-Attar, Mayssun - 2010
) conducted by the Bank of Spain, we show that households with less trust invest more in housing and less in financial assets, in …
Persistent link: https://www.econbiz.de/10013136779
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High-School Dropouts and Transitory Labor Market Shocks : The Case of the Spanish Housing Boom
Aparicio Fenoll, Ainhoa - 2010
This paper addresses the implications of transitory changes in labor market conditions for low versus high educated workers on the decision to acquire education. To identify this effect, I use the improvement in the labor market prospects of low educated workers motivated by the increases in...
Persistent link: https://www.econbiz.de/10013139032