Showing 1 - 10 of 324
Persistent link: https://www.econbiz.de/10010208219
We live in a service economy, but the extent of development of service employment differs across developed countries … in the recent expansion of service employment in OECD countries. It finds that GDP per capita, the size of the government … sector and the extent of urbanization are positively associated with the service employment share. However, the evidence …
Persistent link: https://www.econbiz.de/10009636543
Using the Albrecht et al. (2003) version of the Machado and Mata (2005) decomposition technique along the wage distribution, we find that immigrant workers do not affect changes in the Czech wage structure between 2002 and 2006 despite their substantial inflows. Instead, changes in the wage...
Persistent link: https://www.econbiz.de/10009640298
A small labour market model for the six largest euro area countries (Germany, France, Italy, Spain, the Netherlands, Belgium) is estimated in a state -space framework. The model entails, in the long run, four driving forces: a trend labour force component, a trend labour productivity component,...
Persistent link: https://www.econbiz.de/10009640610
Analyzing data from the Structure of Earnings Surveys we find that wage dispersion in Austria increased marginally between 1996 and 2002. There was an increase in the returns to education which accrued only to male workers. The positive effects of tenure and especially of experience on wages...
Persistent link: https://www.econbiz.de/10009640271
This article studies the asset pricing and the business cycle implications of habit formation in a production economy with capital adjustment costs and endogenous labor supply. A specification of internal habit in the mix of consumption and leisure which minimizes the wealth effect on labor...
Persistent link: https://www.econbiz.de/10009640396
This paper investigates the relationship between government debt and labour taxation for a panel of 18 EU countries over the period 1979-2008. The econometric estimates point to a statistically significant and economically relevant positive response of labour taxation to changes in the general...
Persistent link: https://www.econbiz.de/10009640641
This report sets out a detailed analysis of the specific weaknesses typical of women's working lives in Europe. In order to give an overview of the situation in all 27 EU Member States, eight countries have been selected in the light of the conclusions reached by the comparative literature on...
Persistent link: https://www.econbiz.de/10011722503
Within a two-step GARCH framework we explore the linkages between equity returns of ten sectors in the euro area, the United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects originating from one of the three currency areas and...
Persistent link: https://www.econbiz.de/10009635881
The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a SVAR model some fiscal policy regimes, i.e. a u0094set of rulesu0094 for the implementation of fiscal policies. Second, we identify the fiscal policy shocks related to different...
Persistent link: https://www.econbiz.de/10009635887