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Investment Crowding-Out and Labor Market Effects of Financialization in the U.S

González, Ignacio - 2013

This paper studies the impact of financialization on unemployment in the U.S. We estimate a dynamic multi …-equation macro labor model including labor demand, labor supply, wage-setting and capital accumulation equations. Financialization … swings experienced by the financialization process.We find that it has had relevant unemployment effects in all periods …

Persistent link: https://www.econbiz.de/10013084673

Distributional Consequences of Capital Accumulation, Globalisation and Financialisation in the US

Karanassou, Marika - 2013

In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...

Persistent link: https://www.econbiz.de/10013085470

Which Program for Whom?Evidence on the Comparative Effectiveness ofPublic Sponsored Training Programs in Germany

Biewen, Martin; Fitzenberger, Bernd; Osikominu, Aderonke; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We use a new and exceptionally rich administrative data set for Germany to evaluate theemployment effects of a variety of public sponsored training programs in the early 2000s.Building on the work of Sianesi (2003, 2004), we employ propensity score matching methodsin a dynamic, multiple...

Persistent link: https://www.econbiz.de/10005862595

Dann warens nur noch vier Wie viele (und welche) Maßnahmen der aktivenArbeitsmarktpolitik brauchen wir noch?

Eichhorst, Werner; Zimmermann, Klaus F. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

Die deutsche Arbeitsmarktpolitik ist im Zuge der Hartz-Reformen grundsätzlich neustrukturiert und systematisch evaluiert worden. Die vorliegenden Evaluationsberichte derersten drei Hartz-Gesetze belegen nun vielfach, welche Instrumente der aktivenArbeitsmarktpolitik sich durch ihre Wirksamkeit...

Persistent link: https://www.econbiz.de/10005863254

Policy Relevant Heterogeneity in the Value of Statistical Life : New Evidence from Panel Data Quantile Regressions

Kniesner, Thomas J. - 2012

We examine differences in the value of statistical life (VSL) across potential wage levels in panel data using quantile regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects the estimated VSL. Our findings indicate that a reasonable average cost...

Persistent link: https://www.econbiz.de/10013116688

Child Mental Health and Educational Attainment : Multiple Observers and the Measurement Error Problem

Johnston, David W. - 2011

We examine the effect of survey measurement error on the empirical relationship between child mental health and personal and family characteristics, and between child mental health and educational progress. Our contribution is to use unique UK survey data that contains (potentially biased)...

Persistent link: https://www.econbiz.de/10013121757

How Should Peer-Review Panels Behave?

Sgroi, Daniel - 2012

Many governments wish to assess the quality of their universities. A prominent example is the UK's new Research Excellence Framework (REF) 2014. In the REF, peer-review panels will be provided with information on publications and citations. This paper suggests a way in which panels could choose...

Persistent link: https://www.econbiz.de/10013096771

Work Disability, Work, and Justification Bias in Europe and the U.S

Kapteyn, Arie - 2009

To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question such as do you have an impairment or health problem limiting the kind or amount of work you can do? A possible drawback of such a measure is the possibility that different groups...

Persistent link: https://www.econbiz.de/10013155601

Endogenous Indoctrination : Occupational Choice, the Evolution of Beliefs, and the Political Economy of Reform

Saint-Paul, Gilles - 2009

Much of the political economy analysis of reform focuses on the conflict of interest between groups that stand to gain or lose from the competing policy proposals. In reality, there is also a lot of disagreement about the working of the policy: in addition to conflicting interests, conflicting...

Persistent link: https://www.econbiz.de/10013155704

Evaluation of Language Training Programs in Luxembourg Using Principal Stratification

Bia, Michela - 2018

In a world increasingly globalized, multiple language skills can create more employment opportunities. Several countries include language training programs in active labor market programs for the unemployed. We analyze the effects of a language training program on the re-employment probability...

Persistent link: https://www.econbiz.de/10012906497