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Jobfinding and Wages When Longrun Unemployment is Really Long : the Case of Spain
Alba-Ramirez, Alfonso - 2011
61,000 persons in Spain in 1985 when unemployment exceeded 20%--to examine the effect of unemployment insurance (UI) and … family serves as a form of welfare; (3) hazard rates linking the chances of job finding to duration of unemployment in the … 1981-85 period of massive joblessness did not decline with duration; (4) the length of unemployment spells reduces wages …
Persistent link: https://www.econbiz.de/10013126008
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Local Versus Aggregate Lending Channels : The Effects of Securitization on Corporate Credit Supply in Spain
Jiménez, Gabriel - 2010
securitize real estate assets on non-real estate firms in Spain. We show that equilibrium dynamics nullify the strong local …
Persistent link: https://www.econbiz.de/10013135238
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Innovation and Foreign Ownership
Guadalupe, Maria - 2010
This paper uses a rich panel dataset of Spanish manufacturing firms (1990-2006) and a propensity score reweighting estimator to show that multinational firms acquire the most productive domestic firms, which, on acquisition, conduct more product and process innovation (simultaneously adopting...
Persistent link: https://www.econbiz.de/10013135408
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Innovation and Welfare : Results from Joint Estimation of Production and Demand Functions
Jaumandreu, Jordi - 2010
This paper develops a simple framework to estimate the parameters of the production function together with the elasticity of the demand for the output and the impact of demand and cost shifters. The use of this framework helps, in the first place, to treat successfully the difficult problem of...
Persistent link: https://www.econbiz.de/10013139891
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Target Loans, Current Account Balances and Capital Flows : The Ecb's Rescue Facility
Sinn, Hans-Werner - 2011
destroyed the Bretton Woods System. Greece, Ireland, Portugal, Spain and Italy have suffered from balance-of-payments deficits …
Persistent link: https://www.econbiz.de/10013118098
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Health, Disability and Pathways to Retirement in Spain
Garcia-Gomez, Pilar - 2011
improvements in the mortality rates among older individuals in Spain, the employment rates of individuals older than fifty …
Persistent link: https://www.econbiz.de/10013125169
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Is Poland the Next Spain?
Caselli, Francesco - 2012
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10013101075
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Political Credit Cycles : The Case of the Euro Zone
Fernández-Villaverde, Jesús - 2013
process in Greece, Spain, Ireland, and Portugal and, by way of contrast, in Germany, a country that did experience a reform …
Persistent link: https://www.econbiz.de/10013084731
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Birth Rates and Border Crossings : Latin American Migration to the Us, Canada, Spain, and the UK
Hanson, Gordon H. - 2014
We use census data for the US, Canada, Spain, and UK to estimate bilateral migration rates to these countries from 25 … payments crises and natural disasters. Latin American migration to Canada, Spain, and the UK, in contrast, is largely …
Persistent link: https://www.econbiz.de/10013069156
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Pass-Through of Emissions Costs in Electricity Markets
Fabra, Natalia - 2013
We measure the pass-through of emissions costs to electricity prices and explore its determinants. We perform both reduced-form and structural estimations based on optimal bidding in this market. Using rich micro-level data, we estimate the channels affecting pass-through in a flexible manner,...
Persistent link: https://www.econbiz.de/10013073200