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Active Labor Market Policy in Germany - Is There a Successful Policy Strategy?

Fertig, Michael; Schmidt, Christoph M.; Schneider, Hilmar - 2002

Each year Germany and many other developed economies spend tens of billions of Euros on active measures of employment promotion with the explicit aim of contributing to the reduction of unemployment. Yet, high unemployment has universally been a persistent problem throughout the last two...

Persistent link: https://www.econbiz.de/10010262675

A Test of the ?Krugman Hypothesis? for the United States, Britain, and Western Germany

Puhani, Patrick A. - 2003

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...

Persistent link: https://www.econbiz.de/10010262722

A Structural Empirical Model of Firm Growth, Learning, and Survival

Abbring, Jaap H.; Campbell, Jeffrey R. - 2003

We present a structural model of firm growth, learning, and survival and consider its identification and estimation. In …

Persistent link: https://www.econbiz.de/10010262756

The Perception of Foreigners and Jews in Germany - A Structural Analysis of a Large Opinion Survey

Fertig, Michael; Schmidt, Christoph M. - 2002

estimate this model it is necessary to impose strong identification restrictions. Estimation results show that education is the …

Persistent link: https://www.econbiz.de/10010262816

Searching for the Causal Structure of a Vector Autoregression

Hoover, Kevin D.; Demiralp, Selva - 2003

Vector autoregressions (VARs) are economically interpretable only when identified by being transformed into a structural form (the SVAR) in which the contemporaneous variables stand in a well-defined causal order. These identifying transformations are not unique. It is widely believed that...

Persistent link: https://www.econbiz.de/10010263234

Transatlantic differences in labour markets changes in wage and non-employment structures in the 1980s and the 1990s

Puhani, Patrick A. - 2005

Rising wage inequality in the U.S. and Britain and rising continental European unemployment have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the unskilled, combined with flexible wages in the Anglo-Saxon...

Persistent link: https://www.econbiz.de/10010266860

Normalized equation and decomposition analysis: computation and inference

Yun, Myeong-Su - 2005

This paper joins discussions on normalized regression and decomposition equations in devising a simple and general algorithm for obtaining the normalized regression and applying it to the Oaxaca decomposition. This resolves the invariance problem in the detailed Oaxaca decomposition. An...

Persistent link: https://www.econbiz.de/10010267597

On the identification of Frisch labor supplies

Donni, Olivier - 2006

This paper examines how Frisch labor supplies, and other structural components of the intertemporal model of labor supply, can be recovered from estimates obtained with the approach developed by Heckman and MaCurdy.

Persistent link: https://www.econbiz.de/10010268034

Using firm optimization to evaluate and estimate returns to scale

Gorodnichenko, Yuriy - 2008

At the firm level, revenue and costs are well measured but prices and quantities are not. This paper shows that because of these data limitations estimates of returns to scale at the firm level are for the revenue function, not production function. Given this observation, the paper argues that,...

Persistent link: https://www.econbiz.de/10010268849

The causal effect of parent's schooling on children's schooling: a comparison of estimation methods

Holmlund, Helena; Lindahl, Mikael; Plug, Erik - 2008

use different identification strategies. Three identification strategies that are currently in use rely on: identical … quality of each identification procedure; and (iii) get at better perspective about intergenerational effects of education. We … find that the three identification strategies all produce intergenerational schooling estimates that are lower than the …

Persistent link: https://www.econbiz.de/10010268919