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Assessing the impact of incomes policy: The italian experience
Pastore, Francesco - 2010
The Saint Valentine's decree (1984) and the ensuing hard fought referendum (1985), which reduced the automatisms of scala mobile, started a process of redefinition of wage fixing in Italy, which culminated with the final abolition of scala mobile (1992) and the approval of Protocollo d'intesa...
Persistent link: https://www.econbiz.de/10010272671
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Assessing the Impact of Incomes Policy: The Italian Experience
Pastore, Francesco - Institute for the Study of Labor (IZA) - 2010
The Saint Valentine's decree (1984) and the ensuing hard fought referendum (1985), which reduced the automatisms of scala mobile, started a process of redefinition of wage fixing in Italy, which culminated with the final abolition of scala mobile (1992) and the approval of Protocollo d'intesa...
Persistent link: https://www.econbiz.de/10008548711
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Purchasing Power Parity for Developing and Developed Countries: What Can We Learn from Non-Stationary Panel Data Models?
Drine, Imed; Rault, Christophe - Institute for the Study of Labor (IZA) - 2007
) and generalized by Banerjee and Carrion-i-Silvestre (2006) to examine the robustness of the PPP concept for a sample of 80 … developed and developing countries. We find that strong PPP is verified for OECD countries and weak PPP for MENA countries …. However in African, Asian, Latin American and Central and Eastern European countries, PPP does not seem relevant to …
Persistent link: https://www.econbiz.de/10005761840
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VC - A Method For Estimating Time-Varying Coefficients in Linear Models
Schlicht, Ekkehart - 2020
This paper describes a moments estimator for a standard state-space model with coefficients generated by a random walk. A penalized least squares estimation is linked to the GLS (Aitken) estimates of the corresponding linear model with time-invariant parameters. The VC estimates are moments...
Persistent link: https://www.econbiz.de/10012180113
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The Impact of the Unemployment Benefit System on International Spillover Effects
Beissinger, Thomas; Büsse, Oliver - 2003
Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover effects are caused by changes in world real income. The...
Persistent link: https://www.econbiz.de/10010262240
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Bismarck versus Beveridge: Which Unemployment Compensation System is More Prone to Labor Market Shocks?
Beissinger, Thomas; Buesse, Oliver - 2001
Based on a model with imperfectly competitive labor and product markets the real consequences of labor market shocks for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive feature of the analysis is the comparison of both...
Persistent link: https://www.econbiz.de/10010262567
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The Impact of Labor Market Reforms on Capital Flows, Wages and Unemployment
Beissinger, Thomas - 2001
The paper contributes to the globalization debate by scrutinizing the international spillover effects which are provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For this purpose a two-country model with imperfect...
Persistent link: https://www.econbiz.de/10010262594
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Bismarck versus Beveridge: Which Unemployment Compensation System is More Prone to Labor Market Shocks?
Beissinger, Thomas; Buesse, Oliver - Institute for the Study of Labor (IZA) - 2001
Based on a model with imperfectly competitive labor and product markets the real consequences of labor market shocks for economies with either an earnings-related or flat-rate unemployment compensation system are considered. A distinctive feature of the analysis is the comparison of both...
Persistent link: https://www.econbiz.de/10005761964
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The Impact of the Unemployment Benefit System on International Spillover Effects
Beissinger, Thomas; Buesse, Oliver - Institute for the Study of Labor (IZA) - 2002
Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover effects are caused by changes in world real income. The...
Persistent link: https://www.econbiz.de/10005762260
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The Impact of Labor Market Reforms on Capital Flows, Wages and Unemployment
Beissinger, Thomas - Institute for the Study of Labor (IZA) - 2001
The paper contributes to the globalization debate by scrutinizing the international spillover effects which are provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For this purpose a two-country model with imperfect...
Persistent link: https://www.econbiz.de/10005566676