This paper provides further evidence on the positive impact of schooling on within-groups wage dispersion in Portugal, using data on male workers from the 2001 wave of the European Community Household Panel. The issue of schooling endogeneity is taken into account by using the newest available...

For some time researchers have known that the relationship between health and the residential mobility of the elderly is not straight forward and changes with age. Attempts to examine this relationship in multi-variate models using cross-sectional data have resulted in contradictory or ambiguous...

We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during a period ranging between 1980 and 1995. We focus on within-educational-levels wage inequality by estimating quantile regressions of Mincer equations and analysing the...

This paper assesses the potential of ‘workplace training’ with reference to German Apprenticeship. When occupational matching is important, we derive conditions under which firms provide ‘optimal’ training packages. Since the German system broadly meets these conditions, we evaluate the...

This article uses the Hungerford and Solon Test [1987] for calculating the sheepskin effect of returns from the education in Colombian labour market in 2000. It was found that the secondary school graduates enjoyed 13% returns whilst a university degree led to 17% returns. The Hungerford and...

ResumenEste documento presenta una metodología para conformar portafolios de acciones. En él se exponela técnica usada para inferir precios partiendo de un proceso de preselección a través de un análisisfundamental, seguido de un análisis técnico, posteriormente, se proyectan los precios...

We model the length of time that it takes for a patent application to be granted by the U.S. Patent and Trademark Office, conditional on the patent actually being awarded eventually. Survival analysis is applied and both the nonparametric Kaplan-Meier and parametric accelerated failure time...

Even in the simple case that two price processes follow correlated geometric Brownian motions with constant volatility no analytic formula for the price of a standard European spread option has been derived, except when the strike is zero in which case the option becomes an exchange option. This...

The purpose of this paper is to study the existence of differences in costs between pension fund administrators (PFAs) through the estimation of an econometric cost frontier for Argentina. Like in other eleven Latin American, and some other Central Asian and Eastern Europe countries, the social...

En éste documento Juan Esteban Carranza, Ximena Dueñas Herrera y Carlos Giovanni González pretenden mostrar de una forma casi formal, que los datos agregados revelan cómo la violencia homicida en Colombia es un resultado del ciclo económico. Para el análisis de la causalidad se usa una...