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Since the beginning of the 1990s, it has been widely expected that the implementation of the European Single Market would lead to a rapid convergence of Europe’s financial systems. In the present paper we will show that at least in the period prior to the introduction of the common currency...
Persistent link: https://www.econbiz.de/10010316232
The Covid-19 pandemic severely affected some categories of non-standard workers, and particularly the self-employed. The emergency measures cushioned the potentially disastrous effect on their social circumstances, but undeniably highlighted even more the gaps in their access and entitlement to...
Persistent link: https://www.econbiz.de/10014565849
We examine the dynamics of bank lending to the private sector for countries of the Euro area by applying a Markov switching error correction model.We identify for Belgium, Germany, Ireland and Portugal stable, mean reverting regimes and unstable regimes with no tendency to return to the long...
Persistent link: https://www.econbiz.de/10010261045
In this paper we analyse with the PISA data on literacy achievement of fifteen-year-old pupils in six member countries of the OECD, whether the fact of having many siblings affects the individual educational outcome. The hypothesis that we test is whether parents? resources matter for...
Persistent link: https://www.econbiz.de/10010261949
We evaluate the determinants of matching efficiency changes through a stochastic Cobb- Douglas production frontier model extended to allow the efficiency coefficient to depend on variables meant to capture workers and firms characteristics. We apply this methodology to examine regional...
Persistent link: https://www.econbiz.de/10010262546
This paper offers new insights into the processes of firm growth by applying a reducedform vector autoregression (VAR) model to longitudinal panel data on French manufacturing firms. We observe the co-evolution of key variables such as growth of employment, sales, and gross operating surplus, as...
Persistent link: https://www.econbiz.de/10010263848