Showing 1 - 10 of 14
available data for fourteen OECD economies. We thendevise a method to decompose changes in unemployment into contributions … accountedfor by changes in inflow and outflow rates for cases where unemployment deviates fromits flow steady state, as it does in … unemploymentvariation within countries. For Anglo-Saxon economies we find approximately a 15:85inflow/outflow split to unemployment …
Persistent link: https://www.econbiz.de/10010326322
Ländern hoch. Mitte der neunziger Jahre erreichte er zum Beispiel in Deutschland 92 %. Zwischen den Ländergruppen gibt es aber …
Persistent link: https://www.econbiz.de/10011691715
werden: Vorruhestand, Krankheit, Erwerbsunfähigkeit, Arbeitslosigkeit, Bedürftigkeit und sonstige Gründe. Von Land zu Land … Jahren. Im Jahre 1999 empfingen in Spanien und Japan etwa 11%, in Belgien und Frankreich dagegen 24% und in Deutschland gut …
Persistent link: https://www.econbiz.de/10011692086
performance. We test these hypotheses using county level data from West Germany, employing a structural equation model to analyze …
Persistent link: https://www.econbiz.de/10010324899
rate) and unemployment in Japan for the period between 1972 and 2002. We find that, although Japan’s unemployment rate has … been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …
Persistent link: https://www.econbiz.de/10010325508
We study the cyclical pattern of entrepreneurial activity. Results across 22 OECD countries for the period 1972-2007 show that entrepreneurial activity is a leading indicator of the business cycle in a Granger-causality sense. This contradicts existing theoretical hypotheses which predict that...
Persistent link: https://www.econbiz.de/10010325663
five major OECD countries, namely United States, Germany, United Kingdom, The Netherlands and Japan, the other forecasting …
Persistent link: https://www.econbiz.de/10010325714
This paper examines the sources of stickiness in aggregate consumption growth. We first derive a dynamic consumption equation which encompasses many recent developments in consumption theory: habit formation, intertemporal substitution effects, consumption based on current income, and...
Persistent link: https://www.econbiz.de/10010325759
The equity premium puzzle holds that the coefficient of relative risk aversion estimated from the consumption based CAPM under power utility is excessively high. Moreover, estimates in the literature vary considerably across countries. We gauge the uncertainty pertaining to the country risk...
Persistent link: https://www.econbiz.de/10010325953
We empirically examine the heterogeneity in the effects of multiple dimensions of distance on trade across detailed product groups. Using finite mixture modeling on bilateral trade data at the 3-digit SITC level, we endogenously group product categories into an, a priori unknown, number of...
Persistent link: https://www.econbiz.de/10010326526