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existing tests of no cointegration and parameter constancy. Smooth-transition regressions are chosen to describe the … nonlinearity, and the Johansen cointegration test and the Lin and Ter¨asvirta parameter constancy test are applied. It turns out … high power when dealing with unrestricted cointegration, that is, when no cointegrating vector is estimated and the …
Persistent link: https://www.econbiz.de/10014620846
Purpose – The purpose of this paper is to investigate whether the inclusion of uncertainty variables in the demand for money function can produce a stable relationship in Turkey. Design/methodology/approach – The stability of a money demand function is studied by testing parameter constancy...
Persistent link: https://www.econbiz.de/10014863367
treatment indicators, and the latter has smaller variance at the cost of a larger bias conditioning on the treatment indicators …
Persistent link: https://www.econbiz.de/10014610890
This research investigates whether conditioning (the systematic pairing of celebrity endorsers with sporting events … with a sporting event leads to a stronger conditioning effect. The results demonstrate that individuals exposed to the …
Persistent link: https://www.econbiz.de/10014811779
Abstract Beschäftigte in Tätigkeiten, für die keine Berufsausbildung erforderlich ist (einfache Arbeit), gelten schon seit längerem als problematische Personengruppe des Arbeitsmarkts. Anhand der Daten des IAB-Betriebspanels setzt sich dieser Beitrag mit der Entwicklung der einfachen Arbeit...
Persistent link: https://www.econbiz.de/10014586352
Summary From a theoretical point of view the introduction of process and product innovations has contrary impacts on labour demand even at the level of the innovating firm. We present an empirical study of the relationship between labour demand and innovation behaviour using the Ifo Business...
Persistent link: https://www.econbiz.de/10014608638
Summary Summary measures of the overall strictness of a country’s employment protection laws have proven popular constructs in cross-country studies of the covariation of labour market institutions and macroeconomic outcomes. Portugal occupies an unenviable position in the rankings, and is...
Persistent link: https://www.econbiz.de/10014608841
Summary It is commonly known that every economy is faced with the problem of unevenly distributed labour demand changes across industries, occupations and regions. In competitive labour markets flexible wages and the mobility of labour would lead to a new equilibrium distribution of wages and...
Persistent link: https://www.econbiz.de/10014608903
Summary This paper deals with the effects of labour market institutions on labour market performance. We analyse as an indicator for the labour intensity of output growth the employment threshold (the minimum growth rate of output necessary to keep employment constant). We show for a sample of...
Persistent link: https://www.econbiz.de/10014609220
Summary This article examines the impact of innovation on employment growth in innovating small and medium enterprises. In contrast to existing studies, which typically use the least squares estimation technique, quantile regressions were carried out to analyse the data. This method allows one...
Persistent link: https://www.econbiz.de/10014609264