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performance outcomes we consider are involuntary exit, above–average employment growth, a return on assets of above 20 percent … derived from the BPS texts while an accurate prediction of startup survival and high employment growth needs the combination … purpose statement information (to predict high employment growth). These sets of variables are easily obtainable since the …
Persistent link: https://www.econbiz.de/10012839061
This article introduces lassopack, a suite of programs for regularized regression in Stata. lassopack implements lasso, square-root lasso, elastic net, ridge regression, adaptive lasso and post-estimation OLS. The methods are suitable for the high-dimensional setting where the number of...
Persistent link: https://www.econbiz.de/10012894061
We study fiscal devaluation in a small-open economy with labor market search frictions. Our analysis shows the key role of both dimensions in shaping the optimal tax scheme. By reducing labor market distortions, the tax reform is welfare-improving. Yet, as it makes imports more expensive, fiscal...
Persistent link: https://www.econbiz.de/10013104944
We analyze the political stability of funded social security. Using a stylized theoretical framework we study the mechanisms behind governments capturing social security assets in order to lower current taxes. The results and the driving mechanisms carry over to a fully-fledged and carefully...
Persistent link: https://www.econbiz.de/10014084073
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise … until 2008. Using representative panel data, we show that this trend corresponds to a task bias in employment changes …: routine jobs have lost relative employment, especially in predominantly manual occupations. We further provide the first …
Persistent link: https://www.econbiz.de/10013130457
and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce …
Persistent link: https://www.econbiz.de/10013131173
are used to investigate this relationship. Findings point out to strong state dependence in employment choices. Further …, the impact of disability on employment outcomes is highly significant. Model simulations suggest that high cross and own … state dependence can amplify a one-off disability shock to alter the probability of full time employment and …
Persistent link: https://www.econbiz.de/10013131923
the housing bust. An analysis of employment and unemployment rates over the past 15 years shows that immigrants' labor … market outcomes are more cyclical than those of natives. The greater cyclicality of immigrants' employment and unemployment …-sensitive employment outcomes than college-educated natives …
Persistent link: https://www.econbiz.de/10013135189
study the labour market effects of public sector employment and wages. Public sector wages plays an important role in … the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … it. Hiring more people can increase or decrease the unemployment rate. All shocks raise the wage and crowd out employment …
Persistent link: https://www.econbiz.de/10013135824
economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … further dualization of labour markets given that risks are allocated unequally across types of employment …
Persistent link: https://www.econbiz.de/10013135827