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This study estimates a Keynesian simultaneous, dynamic macroeconometric model to investigate the impact of remittances on key macro variables such as consumption, investment, imports and income in Turkey. The estimated impact and dynamic multipliers indicate that impact of remittances on...
Persistent link: https://www.econbiz.de/10013134982
This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … on inflation volatility, which can also be rationalized by our theoretical model … could account for volatility differences across member states, but labor market characteristics have remained very diverse …
Persistent link: https://www.econbiz.de/10013143682
volatility. First, we find that ECB shocks are more rapidly absorbed and have less significant impact of domestic variables, with …
Persistent link: https://www.econbiz.de/10013315999
volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the … and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the …
Persistent link: https://www.econbiz.de/10013107467
We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility on carbon emissions accounting for the fact that...
Persistent link: https://www.econbiz.de/10012978164
power. We perform a simulation study and apply the results to a case study where the interest lies in evaluating the effect …
Persistent link: https://www.econbiz.de/10013104053
studies of this relationship, which are mainly regression analyses of macro time-series data. A micro-simulation methodology …
Persistent link: https://www.econbiz.de/10013104365
Policy researchers often have to estimate the future effect of imposing a policy in a particular location. There is often evidence on the effects of similar policies in other jurisdictions, but no information on the effects of the policy in the jurisdiction in question. And the policy may have...
Persistent link: https://www.econbiz.de/10013088656
Significant numbers of people have very low levels of literacy in many OECD countries and, because of this, face significant labour market penalties. Despite this, it remains unclear what teaching strategies are most useful for actually rectifying literacy deficiencies. The subject remains...
Persistent link: https://www.econbiz.de/10012990855
Using 1990, 2000 censuses and a 2010 survey, I examine the economic performance of ethnically Chinese immigrants from mainland China, Hong Kong and Taiwan (CHT) in the U.S. labor market. Since 1990, relative wages of CHT migrants have been escalating in contrast to other immigrants. I show these...
Persistent link: https://www.econbiz.de/10013086220