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Wage and occupational assimilation by skill level : migration policy lessons from Spain
Rodríguez-Planas, Núria - In: IZA Journal of European Labor Studies 1 (2012), pp. 1-24
. -- unemployment dynamics ; structural multi-equation models ; chain reaction theory ; simulations ; PIGS … dynamic simulations that account for the swings of the unemployment rates before and after the 2007 crisis. Our results … productivity, and demographics, succeed in explaining a great part of the changes in unemployment in both countries …
Persistent link: https://www.econbiz.de/10010118876
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Cycles inside cycles : Spanish regional aggregation
Gadea, Maria Dolores; Gómez-Loscos, Ana; Montañés, … - In: SERIEs : Journal of the Spanish Economic Association 3 (2012) 4, pp. 423-456
human capital and a low unemployment rate are also more synchronized. The implications derived from our results are useful …
Persistent link: https://www.econbiz.de/10010078111
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Hedging Italian equity mutual fund returns during the recent financial turmoil : a duration-dependent Markov-switching approach
Zagaglia, Paolo - In: Journal of applied finance & banking 3 (2013) 3, pp. 325-337
We study optimal hedging design for returns on an Italian equity mutual fund index since 2008. Alternative hedging instruments include one-month futures contracts for FTSE-MIB, FTSE100 and Xetra DAX. We use bivariate models of our Italian equity mutual fund index and each hedging instrument to...
Persistent link: https://www.econbiz.de/10010148077
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The external finance premium and the financial accelerator : the case of Turkey
Cambazoglu, Birgul; Karaalp, Hacer Simay - In: International journal of economic sciences and applied … 6 (2013) 1, pp. 103-121
The monetary transmission mechanisms have influence on saving and investment decisions of firms and households by affecting their balance sheets. This study examines the effects of monetary policy through the balance sheet channel (also known as ‘financial accelerator’), which affects net...
Persistent link: https://www.econbiz.de/10010160671
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The New Keynesian Phillips Curve in an inflation targeting country : the case of Turkey
Gozgor, Giray - In: International journal of economic sciences and applied … 6 (2013) 1, pp. 7-18
targeting monetary policy. The results from Generalized Methods of Moments (GMM) estimation suggest that empirical findings are …
Persistent link: https://www.econbiz.de/10010160677
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Restatement of the I-O coefficient stability problem
Dobrescu, Emilian - In: Journal of economic structures : JES; the official … 2 (2013), pp. 1-67
The capacity of input-output tables to reflect the structural peculiarities of an economy and to forecast, on this basis, its evolution, depends essentially on the characteristics of the matrix A—matrix of I-O (or technical) coefficients. However, the temporal behaviour of these coefficients...
Persistent link: https://www.econbiz.de/10010186053
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Job security and the age-composition of employment : evidence from Chile
Pagés, Carmen; Montenegro, Claudio E. - In: Estudios de economía 34 (2007) 2, pp. 109-139
on overall aggregate employment, participation or unemployment rates. -- job security ; employment composition …
Persistent link: https://www.econbiz.de/10009959084
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Empirical analysis of employment and foreign direct investment in Malaysia : an ARDL bounds testing approach to cointegration
Pinn, Stan Lee Shun; Ching, Kok Sook; Kogid, Mori; … - In: Advances in management & applied economics 1 (2011) 3, pp. 77-91
This study examines the relationships between the employment and foreign direct investment (FDI) in Malaysia. The Malaysian government continues to put efforts in attracting more FDI inflows as it seems that FDI plays a major role in the economic development of Malaysia. Besides, there is...
Persistent link: https://www.econbiz.de/10010009045
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Who bears the cost of the business cycle? : labor-market institutions and volatility of the youth unemployment rate
Kawaguchi, Daiji; Murao, Tetsushi - In: IZA Journal of Labor Policy 1 (2012), pp. 1-22
The way age-specific unemployment rates fluctuate over the business cycle differs significantly across countries. This … paper examines the effect of labor-market institutions on the fluctuations of age-specific unemployment rates based on panel … existing workforce induces the employment adjustment of new entrants into the labor market. -- unemployment ; labor market …
Persistent link: https://www.econbiz.de/10010118881
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How quickly does structural reform pay off? : an empirical analysis of the short-term effects of unemployment benefit reform
Bouis, Romain; Causa, Orsetta; Demmou, Lilas; Duval, Romain - In: IZA Journal of Labor Policy 1 (2012), pp. 1-12
While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …
Persistent link: https://www.econbiz.de/10010118882