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common component, we find evidence for a ?world business cycle? as well as evidence for a distinct European common component …
Persistent link: https://www.econbiz.de/10010262765
We estimate the effect of class size on student performance in 18 countries, combining school fixed effects and instrumental variables to identify random class-size variation between two adjacent grades within individual schools. Conventional estimates of class-size effects are shown to be...
Persistent link: https://www.econbiz.de/10010262767
The demographic history of the Jews in the Middle Ages may be characterized by two main phenomena: i) a sharp drop in the number of Jews until the beginning of the modern period, due mainly to conversions; and, ii) early urbanization. Until now, these features have been analyzed as primarily...
Persistent link: https://www.econbiz.de/10010262769
There is no empirical evidence that trade exposure per se increases child labour. As trade theory and household economics lead us to expect, the cross-country evidence seems to indicate that trade reduces or, at worst, has no significant effect on child labour. Consistently with the theory, a...
Persistent link: https://www.econbiz.de/10010262781
In Deutschland wird jährlich rd. ein Prozent der volkswirtschaftlichen Wertschöpfung (BIP) für aktive Arbeitsmarktpolitik (AAMP) ausgegeben, die im ursprünglichen Sinn eigentlich Investitionen darstellen sollten. Aus Ländern mit ähnlich hohen Ausgaben für aktive Arbeitsmarktpolitik - aber...
Persistent link: https://www.econbiz.de/10010262841
International bank portfolios constitute a large component of international country portfolios. Yet, their response to macroeconomic conditions and their impact on the international transmission of business cycles developments remains largely unexplored. We use a novel dataset on banks?...
Persistent link: https://www.econbiz.de/10010262868
Macroeconomic risks could magnify individual bank risk. Mitigating the influence of economy-wide risks on banks could … bank risk is the volatility of banks? pretax profits. We find that macroeconomic volatility increases banks? profit … volatility and that international openness of the banking system lowers bank risk. We find no impact of banking regulation on …
Persistent link: https://www.econbiz.de/10010262871
Portfolio flows channeled via institutional investors were the most dynamic capital flows to emerging markets in the 1990s. We use an asymmetric information framework to derive five propositions, to integrate empirical evidence and to suggest policy implications. Opaque information in emerging...
Persistent link: https://www.econbiz.de/10010262910
Die Gesundheitssysteme stehen weltweit zur Diskussion. Kann internationales Benchmarking ganzer Gesundheitssysteme dazu beitragen, Lösungen für deren Probleme zu finden? Diese Arbeit stellt drei aktuelle Ansätze solcher Vergleiche vor. Hierbei werden die Erkenntnisse ebenso erläutert wie die...
Persistent link: https://www.econbiz.de/10010262913
Steigende Kosten in den meisten Gesundheitssystemen und die damit verbundenen Finanzierungsprobleme stehen im Focus von vielen empirischen Untersuchungen. Wissenschaftler sind der Meinung, dass falsch gesetzte Anreize einer der Hauptgründe hierfür darstellen. Die vorliegende Arbeit umreißt...
Persistent link: https://www.econbiz.de/10010262920