Showing 1 - 10 of 109
Persistent link: https://www.econbiz.de/10011602029
This paper studies the design of optimal fiscal policy when a government that fully trusts the probability model of government expenditures faces a fearful public that forms pessimistic expectations. We identify two forces that shape our results. On the one hand, the government has an incentive...
Persistent link: https://www.econbiz.de/10011599480
Managing unemployment is one of the key issues in social policies. Unemployment insurance schemes are designed to cushion the financial and morale blow of loss of job but also to encourage the unemployed to seek new jobs more proactively due to the continuous reduction of benefit payments. In...
Persistent link: https://www.econbiz.de/10013200512
a martingale process. Thus, it is necessary to use a suitable EWS tool for violation of martingale properties of the … least square estimates of regression parameters, the hypothesis of variables being martingale is tested. This approach leads …
Persistent link: https://www.econbiz.de/10013466250
In continuous-time stochastic calculus a limit in probability is used to extend the definition of the stochastic integral to the case where the integrand is not square-integrable at the endpoint of the time interval under consideration. When the extension is applied to portfolio strategies,...
Persistent link: https://www.econbiz.de/10010436017
Angesichts des demographischen Wandels gewinnen die Verlängerung der Erwerbstätigkeit und damit auch die Bedingungen für Neueinstellungen im letzten Drittel des Erwerbslebens an Bedeutung. Dieser Beitrag untersucht auf mikroökonomischer Grundlage (IABBetriebspanel) betriebliche Merkmale, die...
Persistent link: https://www.econbiz.de/10010292617
Since the internet’s earliest days, firms and workers have used various online methods to advertise and find jobs. Until recently there has been little evidence that any internet-based tool has had a measurable effect on job search or recruitment outcomes. However, recent studies, and the...
Persistent link: https://www.econbiz.de/10011404841
Matching” is a statistical technique used to evaluate the effect of a treatment by comparing the treated and non …-treated units in an observational study. Matching provides an alternative to older estimation methods, such as ordinary least … remarkable increase in computing power since then has made other methods, in particular matching, very easy to implement. …
Persistent link: https://www.econbiz.de/10011405012
industrial and service occupations. Higher matching quality is associated with higher wages and explains part of the urban wage …
Persistent link: https://www.econbiz.de/10011409603
Literature on the immigrant labour market mismatch has not explored the signal provided by the quality of home country work experience, particularly that of education-occupation mismatch prior to migration.We show that type of work experience in the home country plays a significant role in...
Persistent link: https://www.econbiz.de/10010331879