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Benchmarking liquidity proxies : accounting for dynamics and frequency issues

Langedijk, Sven; Monokroussos, George; Papanagiotou, … - 2016

We revisit a central task of the extant liquidity literature, which is to identify effective measures of liquidity, in … of identifying the best liquidity measures based on monthly correlations by comparing and contrasting correlations … between monthly and daily averages of high-frequency benchmarks and low-frequency proxies of liquidity, as well as by …

Persistent link: https://www.econbiz.de/10012054515

Googling unemployment during the pandemic : inference and nowcast using search data

Caperna, Giulio; Colagrossi, Marco; Geraci, Andrea; … - Europäische Kommission / Gemeinsame Forschungsstelle - 2020

The economic crisis caused by the covid-19 pandemic is unprecedented in recent history. We contribute to a growing literature investigating the economic consequences of covid-19 by showing how unemployment-related online searches across the EU27 reacted to the introduction of lock-downs. We...

Persistent link: https://www.econbiz.de/10012289278

The effects of cross-border acquisitions on firms' productivity in the EU

Gregori, Wildmer Daniel; Cillero, Maria Martinez; … - 2021 - This version: June 2021

This study empirically investigates the extent to which firms in the European Union, once acquired through a cross-border acquisition, show different productivity levels as compared to those firms that have not been acquired. Our identification strategy relies on the combination of Propensity...

Persistent link: https://www.econbiz.de/10012550000

The Euro Area's pandemic recession : a DSGE interpretation

Cardani, Roberta; Croitorov, Olga; Giovannini, Massimo; … - 2021

distancing), labour hoarding (short-time work) and liquidity-constrained firms to capture salient demand and supply effects of …

Persistent link: https://www.econbiz.de/10012650032

Assessing the economic and social impact of tax and transfer system reforms : a general equilibrium microsimulation approach

Benczúr, Péter; Kátay, Gábor; Áron, Kiss - 2017

We present a general-equilibrium behavioural microsimulation model designed to assess long-run macroeconomic, fiscal and social consequences of reforms to the tax and transfer system. The behaviour of labour supply is assessed along both the extensive and intensive margins, by merging the...

Persistent link: https://www.econbiz.de/10012054673

Does on-the-job training help graduates find a job? : evidence from an Italian region

Ghirelli, Corinna; Havari, Enkelejda; Santangelo, Giulia; … - 2018

This paper provides an evaluation of a training programme for graduates entitled \Work Experience for Graduates" (WELL - Work Experience Laureati and Laureate) that was recently implemented in Italy. The aim of the programme was to increase the career prospects of unemployed graduates in the...

Persistent link: https://www.econbiz.de/10012055028