areas have had no effect on the relative wages of very low-skill (high school dropouts). Rather, Mexican workers do affect … relative wages for high school graduates. Whereas Card and Lewis' study uses variations across geographies, this paper … relationship between the composition of Mexican immigrants across occupations/industries and average wages in the occupations …

among younger workers. To shed some light on the role of wages behind the findings for earnings, wage dynamics is also …

craftworkers (CPS 1983-88 and 2000-05) using decomposition analysis and kernel density estimation. It shows that despite the … and this wage gap increased across the competitive" wage distribution. Unions raised the wages of workers who were located …

autoregression, we derive return and volatility spillover indices over the rolling sub-sample windows. We show that there is … substantial difference between the behavior of the East Asian return and volatility spillover indices over time. While the return … spillover index reveals increased integration among the East Asian equity markets, the volatility spillover index experiences …

time has two aspects: positional changes and the volatility of earnings over time. Whereas the further is a positive … outcome, more volatility as such can be seen as negative. We use Austrian data from tax authorities to find out how population …

In this paper, we examine the evolution of the S&P500 returns volatility around market crashes using a Markov …-Switching model. We find that volatility typically switches into the high volatility state well before a crash and remains in the high … volatility by uniformed traders result in a crash. …