Showing 251 - 260 of 2,513
This paper examines the impact of an increase in the school leaving age on high school teachers' absence behaviour. We estimate differ- ence in difference models of absenteeism using count data approaches. Employing data from the Spanish Labour Force Survey, our findings suggest that high school...
Persistent link: https://www.econbiz.de/10010540216
Economic growth models under uncertainty and rational agents with CRRA utility have been shown to provide quite fragile explanations of consumers.choice as equlib- rium comsumption paths (expected utility) are drastically dependant on distributional assumptions. We show that assuming a SNP...
Persistent link: https://www.econbiz.de/10010540217
In this paper we analyse the magnitude, timing, determinants and outcomes of dropping out of post-compulsory education over the period 1985-94. We use data from the Youth Cohort Surveys for England and Wales to estimate non-parametric single and competing risks duration models allowing for the...
Persistent link: https://www.econbiz.de/10010540218
Many economic outcomes appear to be influenced by habit or commitment, giving rise to persistence. In cases where the decision is binary and persistent, the aggregation of individual time series can result in a fractionally integrated process for the aggregate data. Certain television programmes...
Persistent link: https://www.econbiz.de/10010540220
This paper explores the concept of cooperative merger between two of three entrants that arrive sequentially in a spatial market and practise discriminatory pricing. In this framework, in contrast to much of the theoretical literature, the so-called 'merger paradox' can be comprehensively...
Persistent link: https://www.econbiz.de/10010540221
Informal job search methods could alleviate short-term labour market difficulties of displaced workers by providing information on job opportu- nities, allowing them to signal their productivity and may mitigate wage losses through better post-displacement job matching. However if dis- placement...
Persistent link: https://www.econbiz.de/10010540222
The impact of environmental Kuznets curve (EKC) effects is evaluated in the context of a full model of production and trade within and between rich and poor economies. The shape of iso-emissions curves, defined in tariff and emissions tax space, is evaluated both in the presence and in the...
Persistent link: https://www.econbiz.de/10010540224
The Alumni Association of the Lancaster University Management School organised a mini symposium on globalisation, in New Delhi on January 17th 2004. The symposium was based on a collection of essays titled " Making Globalisation Good" edited by John Dunning (Oxford University Press, 2003:...
Persistent link: https://www.econbiz.de/10010540225
Can growth of a trading partner harm a country? This paper seeks to answer this question through the use of an eclectic trade model which is similar in flavour to Markusen (1986). This paper makes two contributions. First, it develops a simple and tractable model of international trade based on...
Persistent link: https://www.econbiz.de/10010540226
Several recent studies advocate the use of nonparametric estimators of daily price vari- ability that exploit intraday information. This paper compares four such estimators, realised volatility, realised range, realised power variation and realised bipower variation, by examining their in-sample...
Persistent link: https://www.econbiz.de/10010540227