Similar Search Results

Systematic Mispricing in European Equity Prices?

Berneburg, Marian - 2007

employing the Gordon Growth Model and using an estimation process for the dividend growth rate that was suggested by Barsky and … investment style indices from an integrated European Equity market, all usual assumptions are dropped. This is achieved by …, constant dividend growth rates as well as non-variable discount rates. It is shown that indeed volatility declines considerably …

Persistent link: https://www.econbiz.de/10010269909

Evaluating the German (New Keynesian) Phillips Curve

Scheufele, Rolf - 2008

stock. A GMM estimation strategy is employed as well as an identification robust method that is based upon the Anderson …

Persistent link: https://www.econbiz.de/10010269912

The role of specific subjects in education production functions: Evidence from morning classes in Chicago Public High Schools

Cortes, Kalena E.; Bricker, Jesse; Rohlfs, Chris - 2010

Absences in Chicago Public High Schools are 3-7 days per year higher in first period than at other times of the day. This study exploits this empirical regularity and the essentially random variation between students in the ordering of classes over the day to measure how the returns to classroom...

Persistent link: https://www.econbiz.de/10010269925

The long-run labor-market consequences of civil war: Evidence from the Shining Path in Peru

Galdo, Jose - 2010

This study exploits district-level variation in the timing and intensity of civil war violence to investigate whether early-life exposure to civil wars affects labor-market outcomes later in life. In particular, we examine the impacts of armed conflict in Peru, a country that experienced the...

Persistent link: https://www.econbiz.de/10010269927

Some evidence on the importance of sticky wages

Barattieri, Alessandro; Basu, Susanto; Gottschalk, Peter - 2010

Nominal wage stickiness is an important component of recent medium-scale structural macroeconomic models, but to date there has been little microeconomic evidence supporting the assumption of sluggish nominal wage adjustment. We present evidence on the frequency of nominal wage adjustment using...

Persistent link: https://www.econbiz.de/10010269928

Fair and unfair income inequalities in Europe

Checchi, Daniele; Peragine, Vito; Serlenga, Laura - 2010

This paper analyses the extent of income inequality and opportunity inequality in 25 European countries. The present work contributes to understanding the origin of standard income inequality, helping to identify potential institutional setups that are associated to opportunity inequality. We...

Persistent link: https://www.econbiz.de/10010269930

Environmental regulation and competitiveness: Evidence from Romania

Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - 2010

According to the pollution haven hypotheses differences in environmental regulation affect trade flows and plant location. Specifically, environmental stringency should decrease exports and increase imports of dirty goods. This paper estimates a gravity model to establish whether the...

Persistent link: https://www.econbiz.de/10010269931

School competition and students' entrepreneurial intentions: International evidence using historical Catholic roots of private schooling

Falck, Oliver; Woessmann, Ludger - 2010

non-cognitive outcome important for economic growth. We use international PISA-2006 student-level data to estimate the …

Persistent link: https://www.econbiz.de/10010269939

Evaluation of Further Training Programmes with an Optimal Matching Algorithm

Wiemers, Jürgen; Schultz, Birgit; Reinowski, Eva - 2004

Persistent link: https://www.econbiz.de/10010269945

Stochastische Unternehmensmodelle als Kern innovativer Ratingsysteme

Blum, Ulrich; Gleißner, Werner; Leibbrand, Frank - 2005

Auf der Grundlage einer Stichprobe von 105 sächsischen Unternehmen wird deren Zukunftsfähigkeit mit Hilfe einer neuen Ratingtechnologie analysiert. Diese basiert - neben klassischen Analysewerkzeugen - auf einer direkten Einbeziehung von Risikogesichtspunkten und einer stochastischen...

Persistent link: https://www.econbiz.de/10010269950