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I use two administrative databases combining information about workers' characteristics and earnings to estimate the effect of outplacement services on wage prospects of unemployed workers. The results suggest that the impact of outplacement is positive, although the magnitude depends on the...
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In a previous work, Forner and Marhuenda (2001) find that the contrarian strategy, thatis, the forming of a zero-investment portfolio that buys the stocks that have performed poorly inthe past (losers) and sells those that have performed well (winners), does not yield abnormallypositive returns...
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In our study we focus on the determinants of reputation and, in particular, on the relation between the quality of annual report disclosures of companies and their reputation. We try to bring together two strands of literature: the literature on corporate reputation and the literature on...
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The management of a life insurance portfolio or pension fund must take intoaccount the temporal evolution of its liabilities and its assets through some variables:the factors and returns. Their behaviour is analysed statistically and we deduce it to avector error correction model (VECM). Using...
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This study puts forward a procedure for assessing the results of television advertising media plans. It innovates by requiring only information on audience figures for the television media, to determine the distribution of exposures generated by plans using multiple media vehicles and multiple...
Persistent link: https://www.econbiz.de/10005515802
This paper analyzes, using a binomial logit model, the factors that determine a students decision on a three or four year University career. The microeconomic model we consider includes the most important aspects of educational choices. The results show how social background, family earnings and...
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