Showing 1 - 10 of 25
simultaneously specifies three time-use choices -paid work, childcare, and housework- and wage and employment equations for each …
Persistent link: https://www.econbiz.de/10010325841
This paper studies the impact of process and product innovations introduced by firms on employment growth in these … firms. A simple model that relates employment growth to process innovations and to the growth of sales separately due to …
Persistent link: https://www.econbiz.de/10010298693
This paper focuses on the relation between the onset of disability and employment outcomes. We develop an event history … observed disability rates result from gradual deteriorations in health. We find no direct effect of health shocks on employment … the employment rate at age 40 with around 21 percentage points. Our results show that early childhood conditions are …
Persistent link: https://www.econbiz.de/10010325582
In this paper we present a computer-based model (so-called European Tax Analyzer) for the international computation and comparison of company tax burdens. The methodology follows the forward-looking concepts for the measurement of effective average tax rates (EATR) on the basis of a model-firm....
Persistent link: https://www.econbiz.de/10010297652
German unifikation hit the West German economy in a prosperous and appeared as a huge demand shock at least for the first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany, which may have helped to cushion recessionary trends...
Persistent link: https://www.econbiz.de/10010297698
large economies, USA, United Kingdom, Germany, France and Japan. The empirical results show that although the pure NGARCH …
Persistent link: https://www.econbiz.de/10010298005
This paper examines return predictability when the investor is uncertain about the right state variables. A novel feature of the model averaging approach used in this paper is to account for finite-sample bias of the coefficients in the predictive regressions. Drawing on an extensive...
Persistent link: https://www.econbiz.de/10010298059
A major aim of recent empirical modelling of the business cycle isto identify the relative importance of aggregate supply and demandshocks. Supply or technology shocks are associated with permanent(structural) effects on economic activity whereas demand shocks arerelated to temporary (cyclical)...
Persistent link: https://www.econbiz.de/10010324404
A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of a disputed asset is unknown to the court. The court observes only the quality of the case presented by each party, and awards the asset to the party presenting the best case....
Persistent link: https://www.econbiz.de/10010324483
In this paper we present an exact maximum likelihood treatment forthe estimation of a Stochastic Volatility in Mean(SVM) model based on Monte Carlo simulation methods. The SVM modelincorporates the unobserved volatility as anexplanatory variable in the mean equation. The same extension...
Persistent link: https://www.econbiz.de/10010324578