Showing 1 - 10 of 75
We address the post-entry performance of new Portuguese firms by investigating the structural characteristics survival, using both non-parametric methods and semi-parametric methods, for the seven regions of Portugal (NUT II). We also provide a disaggregated analysis by sector and size class,...
Persistent link: https://www.econbiz.de/10011332687
We examine a new general class of hazard rate models for duration data, containing a parametric and a nonparametric component. Both can be a mix of a time effect and possibly time-dependent marker or covariate effects. A number of well-known models are special cases. In a counting process...
Persistent link: https://www.econbiz.de/10011712590
Disorderly debt restructurings can be detrimental for debtor countries and creditors alike. This paper investigates delays in sovereign debt restructurings using a comprehensive new dataset since 1980. Why are some debt crises settled in just a few months, while others take many years? Have...
Persistent link: https://www.econbiz.de/10010301447
The time-continuous discrete-state Markov process is a model for rating transitions. One parameter, namely the intensity to migrate to an adjacent rating state, implies an ordinal rating to have an intuitive metric. State-specific intensities generalize the state-stationarity. Observing Markov...
Persistent link: https://www.econbiz.de/10010305933
This paper investigates whether the stepping stone effect of temporary agency employment moves over the business cycle. Using German administrative data for the period 1985-2012 and an estimation framework based on the timing-events model, we construct a time series of in-treatment and...
Persistent link: https://www.econbiz.de/10011301713
Several empirical studies showed that it is not the level of entrepreneurial activity itself, but the (long-term) survival and growth of new firms that determine the direct and indirect contribution of new businesses to regional employment. To this end, the aim of this paper is to analyze the...
Persistent link: https://www.econbiz.de/10011332533
The focus of our contribution is to shed light on the importance of firm agglomerations and FDI as drivers of firm survival in Italy. We focus upon different types of agglomeration economies related to the geographical context checking how these economies impact differently on heterogeneous...
Persistent link: https://www.econbiz.de/10011399996
This paper analyzes the effects of the earlier selective two-child policy (TCP) in the 1990s (both parents have to be only children) to explore the impacts of this relaxation on the marriage market as well as the fertility effect due to the marriage choice distortion. By using a difference in...
Persistent link: https://www.econbiz.de/10011892091
We analyze the timing of birth of the first three children based on German panel data (GSOEP) within a hazard rate framework. A random effects estimator is used to accommodate correlation across spells. We consider the role of human capital - approximated by a Mincer-type regression - and its...
Persistent link: https://www.econbiz.de/10010270273
This paper comprehensively analyzes the stepping-stone effect of temporary agency employment. Using the timing-of-events approach, we not only investigate whether temporary agency employment is a bridge into regular employment but also at the individual's post-unemployment wages and...
Persistent link: https://www.econbiz.de/10010274350