Similar Search Results

Unemployment in the European Union: Institutions, prices, and growth

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2004

the adjustment processes and economic growth. We divide the shocks into institutional variables, price variables, and … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment … responsiveness' (responses to permanent shocks). We find that the growth drivers play a dominant role in accounting for the main …

Persistent link: https://www.econbiz.de/10010276423

Does Parental Divorce Affect Adolescents' Cognitive Development? : Evidence from Longitudinal Data

Sanz-de-Galdeano, Anna; Vuri, Daniela - 2004

In this paper we analyse data from the National Education Longitudinal Study of 1988 to investigate whether experiencing parental divorce during adolescence reduces measured cognitive ability. To account for the potential endogeneity of parental divorce we employ a difference-in-differences...

Persistent link: https://www.econbiz.de/10010276429

Benchmarking Structural Change in Transition

Raiser, Martin; Schaffer, Mark E.; Schuchhardt, Johannes - 2003

The transition to market-based economic systems in the countries of Central and Eastern Europe and the former Soviet Union involves fundamental shifts in the allocation of resources and deep changes in the structure of production and employment. This paper uses a simple model of economic...

Persistent link: https://www.econbiz.de/10010276430

Smoking persistence across countries: an analysis using semi-parametric dynamic panel data models with selectivity

Christelis, Dimitris; Sanz-de-Galdeano, Anna - 2009

We study smoking persistence in ten countries using data from the European Community Household Panel. Such persistence may be due to true state dependence but may also reflect individual unobserved heterogeneity. We distinguish between the two by using semi-parametric dynamic panel data methods...

Persistent link: https://www.econbiz.de/10010276467

The US inflation-unemployment tradeoff: methodological issues and further evidence

Karanassou, Marika; Sala, Héctor - 2009

money growth is a superior indicator of the monetary environment than the federal funds rate and, thus, the focus is on the … inflation/unemployment responses to money growth shocks. SVAR (structural vector autoregression) and GMM (generalised method of …

Persistent link: https://www.econbiz.de/10010276468

Task-biased changes of employment and remuneration: The case of occupations

Kampelmann, Stephan; Rycx, François - 2011

Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into good and bad jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that this...

Persistent link: https://www.econbiz.de/10010276474

Intermediation in Foreign Trade: When do Exporters Rely on Intermediaries?

Schröder, Philipp J. H.; Trabold, Harald; … - 2003

The paper explores theoretically and empirically why trade intermediaries (TIs) are frequently used as agents for exports to some countries but not to others. We adapt a standard intra-industry trade model with variable export costs (e.g. transport) and fixed export costs (e.g. market access) to...

Persistent link: https://www.econbiz.de/10010276548

Rating Companies with Support Vector Machines

Schäfer, Dirk; Moro, R. A.; Härdle, Wolfgang Karl - 2004

estimation. A survey of practically and commercially applied methods is given. This work proves that support vector machines are …

Persistent link: https://www.econbiz.de/10010276551

R&D and price elasticity of demand

Lucke, Dorothea; Schröder, Philipp J. H.; Schumacher, … - 2004

This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework, sectors...

Persistent link: https://www.econbiz.de/10010276554

The Intriguing Nexus between Corruption and Capital Account Restrictions

Dreher, Axel; Siemers, Lars-H. R. - 2005

The paper develops a theoretical model showing a mutual relationship between corruption and capital account restrictions. According to the model, higher corruption induces stricter restrictions and vice versa. We test the model using panel data for 112 countries over the period 1984?2002 and...

Persistent link: https://www.econbiz.de/10010276557