We use administrative records in Israel to identify the treatment effect of vocational training for the unemployed on the duration of unemployment. We randomize training using data on the availability of courses in and around the time of becoming unemployed. This assumes that the timing of entry...

The study dealt with a research environment in which the treatment effect is heterogeneous, and in which individuals use their assessments of the treatment effect to decide whether or not to enroll in an intervention program. In this article, a new methodology is proposed for examining the...

1. Sea change in the west -- 2. Global theories of secular stagnation -- 3. Transition theory -- 4. Empirical aspects of the transition theory -- 5. The long wave hypothesis -- 6. Transition in the nineteenth century : the British climateric 1860-1900 -- 7. A re-run of the 1970s -- 8. The...

Purpose – The purpose of this paper is to examine the determinants of immigration from European Neighborhood (EN) and new member states to the EU core countries over the period 2000-2010. Apart from income differentials, unemployment rates and other standard variables hypothesized to determine...

Purpose – The European Union (EU) and its European neighbourhood are mutually dependent. In the next decades, the EU will need to import foreign labour in response to different challenges. The geographical proximity, economic, cultural and historical links with EU Neighbouring countries make...

Using data from the 1981 Family Expenditure Survey we estimate a logit model for the choice between unemployment and employment, using explanatory variables such as tax and social security benefit rates. Other variables represent the characteristics of the households in the survey and...

We estimate an aggregate econometric model of the industrial economies using annual data drawn from the postwar period. The model includes equations for GDP, inflation, interest rates and non-oil commodity prices. GDP and inflation reflect the evolution of aggregate supply and demand while...

Using annual data drawn from 1963-1983 we estimate an econometric model of the balance of payments of oil-importing LDCs. The model consists of equations for the quantities of exports and imports, unit value indices for exports and imports, capital flows, reserves and the exchange rate. An...