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Job search methods, intensity and success in Britain in the 1990s

Böheim, René; Taylor, Mark P - 2002

We investigate the use of various job search strategies and their impact on the probability of subsequent employment … and the re-employment wage among working age men in Britain. We find that replying to advertisements and using Job Centres … particular, result in a higher probability of subsequent employment. Conditional on finding work, replying to advertisements …

Persistent link: https://www.econbiz.de/10010294537

Great Expectations: Past Wages and Unemployment Durations

Böheim, René; Horvath, Gerard Thomas; Winter-Ebmer, Rudolf - 2010

overly long unemployment durations. We examine the infuence of previous wages on unemployment durations for workers after …

Persistent link: https://www.econbiz.de/10010294904

Hoarding international reserves versus a Pigovian tax-cum-subsidy scheme: Reflections on the deleveraging crisis of 2008-9, and a cost benefit analysis

Aizenman, Joshua - 2010

In this paper we outline a Pigovian tax-cum-subsidy scheme that deals with concerns about the costs and efficacy of hoarding international reserves (IR) as a means of self-insurance against a deleveraging crisis. We overview the degree to which IR provided self-insurance to Emerging Markets...

Persistent link: https://www.econbiz.de/10010287764

The impact of health and education on labor force participation in aging societies: Projections for the United States and Germany from a dynamic microsimulation

Böheim, René; Horvath, Gerard Thomas; Leoni, Thomas; … - 2021

Using a highly stylized dynamic microsimulation model, we project the labor force of the United States up to the year 2060 and contrast these projections with projections for Germany to assess differential effects on outcomes The projections are consistent with the U S Census Bureau's and...

Persistent link: https://www.econbiz.de/10012800472

Current account patterns and national real estate markets

Aizenman, Joshua; Jinjarak, Yothin - 2008

This paper studies the association between the current account and real estate valuation across countries, subject to data availability [43 countries, of which 25 are OECD], during 1990 - 2005. We find robust and strong positive association between current account deficits and the appreciation...

Persistent link: https://www.econbiz.de/10010285300

Fiscal fragility: what the past may say about the future

Aizenman, Joshua; Pasricha, Gurnain Kaur - 2010

The end of the great moderation has profound implications on the assessment of fiscal sustainability. The pertinent issue goes beyond the increase in stock of public debt/GDP induced by the global recession, to include the perspective that the sustainability of a given public debt/GDP depends on...

Persistent link: https://www.econbiz.de/10010287758

Managing financial integration and capital mobility: Policy lessons from the past two decades

Aizenman, Joshua; Pinto, Brian - 2011

The accumulated experience of emerging markets over the last two decades has laid bare the tenuous links between external financial integration and faster growth on the one hand and the proclivity of such integration to fuel costly crises on the other. These crises have not gone without...

Persistent link: https://www.econbiz.de/10010287769

Managing financial integration and capital mobility: Policy lessons from the past two decades

Aizenman, Joshua; Pinto, Brian - 2011

Persistent link: https://www.econbiz.de/10010288154

Net fiscal stimulus during the great recession

Aizenman, Joshua; Pasricha, Gurnain Kaur - 2011

This paper studies the patterns of fiscal stimuli in the OECD countries propagated by the global crisis. Overall, we find that the USA net fiscal stimulus was modest relative to peers, despite it being the epicenter of the crisis, and having access to relatively cheap funding of its twin...

Persistent link: https://www.econbiz.de/10010288157

Fiscal fragility: What the past says about the future

Aizenman, Joshua; Pasricha, Gurnain Kaur - 2010

The end of the great moderation has profound implications on the assessment of fiscal sustainability. The pertinent issue goes beyond the obvious increase in the stock of public debt/GDP induced by the global recession, to include the neglected perspective that the vulnerabilities associated...

Persistent link: https://www.econbiz.de/10010288164