Narrow search
Showing 1 - 10 of 1,690
Cover Image
Volatility and Growth : Governments are Key
Jetter, Michael - 2013
paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a … volatility is then ambiguous. The paper reveals the underlying endogeneity of government size in a balanced panel of 95 countries … increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …
Persistent link: https://www.econbiz.de/10013071293
Cover Image
Wage Premia for Newly Hired Employees : Theory and Evidence
Kampkötter, Patrick - 2011
We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...
Persistent link: https://www.econbiz.de/10013129084
Cover Image
What Remains after the Oil Boom is Over?
Jelnov, Pavel - 2019
This paper links between Beckerian literature that shows that marriage is a normal good with respect to male income and the literature that explores cultural changes as a result of exogenous events. I use the oil crisis of the 1970s as a positive shock on some males. The analyzed outcome is...
Persistent link: https://www.econbiz.de/10012870157
Cover Image
Oil Price Shocks, Monetary Policy and Current Account Imbalances within a Currency Union
Baas, Timo - 2018
they threaten the stability of the world economy. More recently, the government debt crisis of the European Union shows …
Persistent link: https://www.econbiz.de/10012930946
Cover Image
The Determinants of Crude Oil Prices : Evidence from ARDL and Nonlinear ARDL Approaches
Salem, Leila; Nouira, Ridha; Jeguirim, Khaled; Rault, … - 2022
This paper is an innovative attempt to empirically investigate the determinants of crude oil prices. The main objective is to distinguish between short- and long-term effects of some covariates on oil prices. The autoregressive distributed lag (ARDL) approach is applied to daily series spanning...
Persistent link: https://www.econbiz.de/10014242432
Cover Image
Google Econometrics and Unemployment Forecasting
Askitas, Nikos - 2012
The current economic crisis requires fast information to predict economic behavior early, which is difficult at times of structural changes. This paper suggests an innovative new method of using data on internet activity for that purpose. It demonstrates strong correlations between keyword...
Persistent link: https://www.econbiz.de/10013117001
Cover Image
Does Early Life Health Predict Schooling within Twin Pairs?
Lundborg, Petter - 2011
A large number of studies in labor economics estimate the returns to schooling using data on monozygotic twins, under the assumption that educational attainment is random within twin pairs. This exogeneity assumption has been commonly questioned, however, but there is to date little evidence on...
Persistent link: https://www.econbiz.de/10013122977
Cover Image
Does the Dream of Home Ownership Rest Upon Biased Beliefs? A Test Based on Predicted and Realized Life Satisfaction
Odermatt, Reto - 2020
The belief that home ownership makes people happy is probably one of the most widespread intuitive theories of happiness. However, whether it is accurate is an open question. Based on individual panel data, we explore whether home buyers systematically overestimate the life satisfaction...
Persistent link: https://www.econbiz.de/10012827351
Cover Image
Aggregate-Level Migration Studies as a Tool for Forecasting Future Migration Streams
Schmidt, Christoph M.; Fertig, Michael - 2021
Assessing the migration potential and predicting future migration streams are among the most relevant, yet least well understood topics of migration research. The usual approach taken to address aggregate-level prediction problems is to fit ad hoc specifications to historical data, and to...
Persistent link: https://www.econbiz.de/10013321249
Cover Image
Intrahousehold Resource Allocation and Individual Poverty : Assessing Collective Model Predictions Against Direct Evidence on Sharing
Bargain, Olivier; Lacroix, Guy; Tiberti, Luca - 2023
Welfare analyses conducted by policy practitioners around the world usually rely on equivalized or per …-capita expenditures and ignore the extent of within-household inequality. Recent advances in the estimation of collective models suggest …
Persistent link: https://www.econbiz.de/10014254963