Showing 1 - 10 of 1,600
This paper performs a comparative analysis of estimation as well as of out-of-sample forecasting results of more than … period 1967-2001. Our results suggest that the choice of an estimation procedure has a substantial impact on the parameter …
Persistent link: https://www.econbiz.de/10010267584
Bayesian estimation and prediction procedure that allows for the possibility of new breaks over the forecast horizon, taking …
Persistent link: https://www.econbiz.de/10010276180
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the Dutch disease and the resource curse, which primarily focuses on...
Persistent link: https://www.econbiz.de/10010282525
This paper estimates the economic and non-economic returns to volunteering for prime-aged women. A woman's decision to engage in unpaid work, and to marry and have children, is formulated as a forward-looking discrete choice dynamic programming problem. Simulated maximum likelihood estimates of...
Persistent link: https://www.econbiz.de/10011252286
This study evaluates potential migration flows to the European Union from its eastern neighbors and Croatia. We perform out-of-sample forecasts using an adaption of the model of Hatton (1995) to time series cross-sectional data about post-enlargement migration flows following the EU's 2004...
Persistent link: https://www.econbiz.de/10011196412
Differently from most European countries and despite the recommendations on the part of the European Commission, Italy still misses a sufficiently systematic and nationwide mechanism of income support. In this paper we want to explore the feasibility, the desirability and the features of a...
Persistent link: https://www.econbiz.de/10009359862
Many microeconometric models of discrete labour supply include alternative-specific constants meant to account for (possibly besides other factors) the density or accessibility of particular types of jobs (e.g. part-time jobs vs. full-time jobs). The most common use of these models is the...
Persistent link: https://www.econbiz.de/10008684807
Due to ageing population and low birth rates, the European Union (EU) will need to import foreign labour in the next decades. In this context, the EU neighbouring countries (ENC) are the main countries of origin and transit of legal and illegal migration towards Europe. Their economic, cultural...
Persistent link: https://www.econbiz.de/10010702011
Many microeconometric models of discrete labour supply include alternative-specific constants meant to account for (possibly besides other factors) the density or accessibility of particular types of jobs (e.g. part-time jobs vs. full-time jobs). The most common use of these models is the...
Persistent link: https://www.econbiz.de/10010764619
In this paper we attempted to chart the impact of the early part of Ireland's economic crisis from 2008-2010 on the distribution of income. In order to decompose the impact of components of income, we utilised a microsimulation methodology the EU-SILC User Database. In order to do this we had to...
Persistent link: https://www.econbiz.de/10010812032