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This paper uses annual data drawn from the GSOEP to estimate individual earnings risk (labor market risk) in Germany for the period 1983-2012. The econometric specification of the earnings process allows for transitory shocks and permanent shocks to individual earnings. We find that both the...
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This paper examines the effect of host-location financial development (HFD) on foreign direct investment (FDI) in 166 Chinese cities between 2003 and 2009. Using pooled panel and generalized two-stage least square estimators, we find a complementary HFD-FDI nexus, and that this is particularly...
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In contrast to most prior studies of gender inequality focusing on a specific country or a specific year, this paper uses cross-nationally comparable data from the Luxembourg Income Study (LIS) to examine the impacts of wage premiums in male- and female-dominated industries and education levels...
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