We address the presence, magnitude, and composition of wage gains related to former co-workers and discuss the mechanisms that could explain their existence. Using Hungarian linked employer-employee administrative data and proxying actual co-workership with overlapping work histories, we show...

This paper is an application of a new Shapley income decomposition methodology, in which we isolate two subjective factors in income differences - race and gender - that contribute to income inequality within the population of blacks and whites in the United States over the period 2005-2017. We...

This study extends the Diebold-Yilmaz Connectedness Index (DYCI) methodology and, based on forecast error covariance decompositions, derives a network risk model for a portfolio of assets. As a normalized measure of the sum of variance contributions, system-wide connectedness averages out the...

This paper examines different approaches for assessing causality as typically followed in econometrics and proposes a constructive perspective for improving statistical models elaborated in view of causal analysis. Without attempting to be exhaustive, this paper examines some of these...

This paper studies the relationship between inequalities in working hours and overall earnings inequality in Germany between 2006 and 2014, and the role of declining collective bargaining coverage. Using data from the German Structure of Earnings Survey (GSES), a variance decomposition of...

During the last two decades CO2 emissions increased rapidly along with the growth of production and energy use in the industrial sector in Thailand. We use the Logarithmic Mean Divisia Index (LMDI) method to decompose the source of changes of CO2 emission level and CO2 emission intensity of the...

This study estimates and decomposes the unemployment rate gap between former and non-former homeland areas in South Africa. We apply the Oaxaca-Blinder (1973) decomposition technique to the 2011 population census community profiles at main place level to identify the factors underpinning...