For two decades, the questions of what really motivates foreign investors to invest in a certain country remains unanswered and a controversial issue. Moreover, previous studies have overwhelmingly treated FDI as unidimensional rather than multidimensional. In reality, FDI is rather...

This paper re-examines the stochastic properties of US State real per capita personal income, using new panel unit-root procedures. The new developments incorporate non-linearity, asymmetry, and cross-sectional correlation within panel data estimation. Including nonlinearity and asymmetry finds...

En este artículo se construye un índice de goce efectivo de los derechos cuyos resultados indican que, en el proceso de restablecimiento y reparación integral de los hogares desplazados, el cumplimiento de los derechos de estabilización socioeconómica solo llega a un 60% en promedio, cuatro...

This paper examines the exchange rate pass-through (ERPT) into import prices using recent panel data techniques. For a sample of 27 OECD countries, panel cointegration tests provide an evidence for the existence of long-run equilibrium relationship in pass-through equation. Following Pedroni...

This paper deals with the effect of a reduction of weekly working time on employment. Often working time reduction is proposed to stimulate employment. We investigate this hypothesis for West German industrial branches using annual data from 1960 to 1995. The analysis is carried out by the means...

Se estima la elasticidad de las exportaciones y de las importaciones al crédito otorgado por la banca comercial usando información cruzada a nivel de firma en Colombia. Replicando la metodología empírica de Paravisini et. al (2011), se encontró que una reducción del crédito en 10% reduce...

The aging population which is expected to change Canada’s demographic and a shift in modern educational preferences that often leaves skilled trades as an overlooked career option may increase the likelihood of labour shortages in skilled trades in Canada. The certainty of the existence of...

I examine employment dynamics of married women with a particular focus on the role of part-time work using panel data from South Korea.Using a dynamic multinomial logit model with random effects, I find that a part-time work alternative substantially reduces the probability of being out of the...

Over the last two decades in OECD countries an increasing number of firms are obtaining certification as Socially Responsible (CSR is the acronym for Corporate Social Responsibility). Several studies (including Preston and O’Bannon, 1997; Waddock and Graves, 1997; McWilliams and Sieger, 2001; Ullman,...

In this paper, we seek to explain the changes in aggregate happiness over the lifecycle. The advantage of looking at the aggregate level of happiness is that it solves the problems of missing peer effects and measurement error that plague models of individual level happiness, though the...