Showing 1 - 10 of 2,188
The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and MENA). It covers the period 1979-2004,...
Persistent link: https://www.econbiz.de/10010271575
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...
Persistent link: https://www.econbiz.de/10010268195
This paper investigates the macroeconomic effects of job creation schemes and vocational training on the matching … from 1999 to 2003. The empirical model relies on a dynamic version of a matching function augmented by ALMP. In order to … obtain consistent estimates in the presence of a dynamic panel data model, a firstdifferences GMM estimator and a transformed …
Persistent link: https://www.econbiz.de/10010261624
job reallocation even at the cost of increasing unemployment. Using yearly panel data from a large number of countries, we … changes in the countries in the sample, control variables or estimation methods. We discuss to which extent our results are … consistent with equilibrium matching models with or without endogenous sorting of workers into jobs providing entitlement to UBs …
Persistent link: https://www.econbiz.de/10010268689
thereby fosters economic growth. We apply a structural estimation approach to fully track the endogenous mechanisms of the …
Persistent link: https://www.econbiz.de/10010267663
new integrated treatment to this question using a panel of 44 developing and developed countries over the period 1976 …
Persistent link: https://www.econbiz.de/10010271800
available on overall moves (1981-1995) and asylum migration (1984-1995). The estimation results confirm the importance of the …
Persistent link: https://www.econbiz.de/10010262258
countries. Relying on panel estimation with country fixed effects, we identify the effect of school autonomy from within … conducive to student achievement in well-developed systems but detrimental in low-performing systems. We construct a panel …
Persistent link: https://www.econbiz.de/10010282355
This paper introduces two composite indices of globalisation. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate the level of globalisation and show how globalisation has developed over time for different...
Persistent link: https://www.econbiz.de/10010262026
The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically.
Persistent link: https://www.econbiz.de/10010269176