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This paper examines the profit testing of life insurance companies that issue participating policies, type B and type A … stochastic and modeled by normal or variance gamma distributions. We rely on the stochastic profit testing techniques introduced … the profit testing indicators. We show that the variance gamma model results in more conservative predictions - in a …
Persistent link: https://www.econbiz.de/10014356168
The employment structure of India's organised manufacturing sector has undergone substantial changes over the last … has attributed the widespread use of contract labour to India's rigid employment protection legislation. Using plant level …
Persistent link: https://www.econbiz.de/10012099540
objective is to identify policy tools that help generate sustained increases in employment in the long run. Therefore, we focus …
Persistent link: https://www.econbiz.de/10010273947
India. It identifies three channels through which SEZs address these issues: employment generation, skill formation (human … interviews of entrepreneurs and workers across the three largest SEZs (in terms of their contribution to exports and employment …) : SEEPZ, Madras and Noida. The analysis reveals that `employment generation' has been the most important channel through which …
Persistent link: https://www.econbiz.de/10011807601
This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the … period from 1988 to 2008. Even if we fail to find a long-run relationship between aggregate output and total employment …, there are long-run relationships for the aggregate output with non-agricultural employment and sectoral employment levels …
Persistent link: https://www.econbiz.de/10010500246
difficulties. This study explores potential future employment dynamics across European industries and employment groups for the …
Persistent link: https://www.econbiz.de/10014565947
Recent data on corporate tax losses presents a puzzle this paper attempts to explain: the ratio of losses to positive income was much higher around the recession of 2001 than in earlier recessions, even those of greater severity. Using a comprehensive sample of U.S. corporation tax returns for...
Persistent link: https://www.econbiz.de/10010282845
Persistent link: https://www.econbiz.de/10013342526
Persistent link: https://www.econbiz.de/10013342549
In this article, we demonstrate that a small degree of stochastic variation in the depreciation rate of capital can greatly reduce the comovement between hours worked and labor productivity in a neoclassical growth model. The depreciation rate is modeled as a Markov process to place a strict...
Persistent link: https://www.econbiz.de/10011430038