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Nowcasting business cycles using toll data
Askitas, Nikos; Zimmermann, Klaus F. - 2011
Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...
Persistent link: https://www.econbiz.de/10010278651
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Nowcasting Business Cycles Using Toll Data
Askitas, Nikos; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2011
Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...
Persistent link: https://www.econbiz.de/10008854242
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Substitutability and Competition in the Dixit-Stiglitz Model
Koeniger, Winfried; Licandro, Omar - 2004
The effects of competition on growth are analyzed in the recent literature by comparing economies with the same market structure but different degrees of substitutability. In this note, we show that in a general equilibrium model with monopolistic competition – la Dixit- Stiglitz the effect of...
Persistent link: https://www.econbiz.de/10010261777
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Joint Estimation of Price-Cost Margins and Union Bargaining Power for Belgian Manufacturing
Dobbelaere, Sabien - 2005
This paper extends Hall's (1988) methodology to analyse imperfections in both the product and the labour market for firms in the Belgian manufacturing industry over the period 1988- 1995. We investigate the heterogeneity in price-cost mark-up and workers' bargaining power parameters among 18...
Persistent link: https://www.econbiz.de/10010262192
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Economic growth with political lobbying and wage bargaining
Palokangas, Tapio - 2009
This paper examines an economy with a large number of industries, each producing a different good. Technological change follows a Poisson process where firms improve their productivity through investment in R&D. The less there are firms in the economy or the more they can coordinate their...
Persistent link: https://www.econbiz.de/10010269189
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Integration, labor market regulation, lobbying, and technological change
Palokangas, Tapio - 2009
This paper examines an economic union where oligopolistic firms produce by skilled and unskilled labor and do in-house R&D by skilled labor. The planner of the union accepts new members to the union, regulates the labor market through a minimum wage for unskilled labor and supports firms by...
Persistent link: https://www.econbiz.de/10010269270
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Convergence in institutions and market outcomes: cross-country and time-series evidence from the BEEPS surveys in transition economies
Mitra, Pradeep; Muravyev, Alexander; Schaffer, Mark E. - 2008
This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending to firms, and how firms respond to the economic...
Persistent link: https://www.econbiz.de/10010269128
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Immigrants' Language Skills: The Australian Experience in a Longitudinal Survey
Chiswick, Barry R.; Lee, Yew Liang; Miller, Paul W. - 2002
Australia, is used to test the model. This survey had three waves, at about 6 months, 18 months and 3? years after immigration …
Persistent link: https://www.econbiz.de/10010262738
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Immigrants' Language Skills and Visa Category
Chiswick, Barry R.; Lee, Yew Liang; Miller, Paul W. - 2002
for Australia. It focuses on both visa category and variables derived from an economic model of the determinants of …
Persistent link: https://www.econbiz.de/10010262780
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The Determinants of the Geographic Concentration among Immigrants: Application to Australia
Chiswick, Barry R.; Lee, Yew Liang; Miller, Paul W. - 2002
concentrated. Testing the model for Australia shows that the extent of geographic concentration of immigrant groups is negatively … related to age at migration, duration of residence in Australia and the proportion of the birthplace group that is fluent in … the country of origin and the place of residence in Australia. …
Persistent link: https://www.econbiz.de/10010262788