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Peer Effects in Stock Market Participation : Evidence from Immigration
Girshina, Anastasia - 2020
This paper studies how peers' financial behaviour affects individuals' own investment choices. To identify the peer effect, we exploit the unique composition of the Luxembourg population and use the differences in stock market participation across various immigrant groups to study how they...
Persistent link: https://www.econbiz.de/10012844620
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Did the crisis permanently scar the Portuguese labour market? Evidence from a Markov-switching Beveridge curve analysis
Vansteenkiste, Isabel - 2017
In this paper we analyse to what extent the outward shift in the Portuguese Beveridge curve since 2007 has been due to structural or cyclical factors and how likely the outward shift will persist. We do this by empirically estimating the Beveridge curve in a Markov-switching panel setting with...
Persistent link: https://www.econbiz.de/10011667195
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Employment protection legislation and wages
Leonardi, Marco; Pica, Giovanni - 2007
In a perfect labor market severance payments can have no real effects as they can be undone by a properly designed labor contract (Lazear 1990). We give empirical content to this proposition by estimating the effects of EPL on entry wages and on the tenure-wage profile in a quasi-experimental...
Persistent link: https://www.econbiz.de/10011604824
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Wages and the risk of displacement
Carneiro, Anabela; Portugal, Pedro - 2010
In this paper a simultaneous-equations model of firm closing and wage determination is specified in order to analyse how wages adjust to unfavorable product demand shocks that raise the risk of displacement through firm closing, and to what extent an exogenous wage change affects the exit...
Persistent link: https://www.econbiz.de/10011605205
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Wages and the Risk of Displacement
Carneiro, Anabela Jesus Moreira; Portugal, Pedro - 2021
In this paper a simultaneous-equations model of firm closing and wage determination is specified in order to analyse how wages adjust to unfavorable product demand shocks that raise the risk of displacement through firm closing, and to what extent an exogenous wage change affects the exit...
Persistent link: https://www.econbiz.de/10013316258
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Employment Protection Legislation and Wages
Leonardi, Marco; Pica, Giovanni - 2021
In a perfect labor market severance payments can have no real effects as they can be undone by a properly designed labor contract (Lazear 1990). We give empirical content to this proposition by estimating the effects of EPL on entry wages and on the tenure-wage profile in a quasi-experimental...
Persistent link: https://www.econbiz.de/10013316954
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Changes in the Czech wage structure: Does immigration matter?
Dybczak, Kamil; Galuščák, Kamil - 2010
Using the Albrecht et al. (2003) version of the Machado and Mata (2005) decomposition technique along the wage distribution, we find that immigrant workers do not affect changes in the Czech wage structure between 2002 and 2006 despite their substantial inflows. Instead, changes in the wage...
Persistent link: https://www.econbiz.de/10011605288
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Changes in the Czech Wage Structure : Does Immigration Matter?
Dybczak, Kamil; Galuscak, Kamil - 2021
Using the Albrecht et al. (2003) version of the Machado and Mata (2005) decomposition technique along the wage distribution, we find that immigrant workers do not affect changes in the Czech wage structure between 2002 and 2006 despite their substantial inflows. Instead, changes in the wage...
Persistent link: https://www.econbiz.de/10013316167
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Migrants' Choice of Remittance Channel : Do General Payment Habits Play a Role?
Kosse, Anneke - 2014
This paper investigates the determinants in migrants' choice of payment channel when transferring money to relatives … abroad. We surveyed 1,680 migrants in the Netherlands, identifying five remittance channels: bank services, money transfer … habits: migrants who regularly use internet banking for other purposes are more likely to use bank services for remittances …
Persistent link: https://www.econbiz.de/10013054673
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A Stochastic Forward-Looking Model to Assess the Profitability and Solvency of European Insurers
Berdin, Elia - 2017
solvency of the main euro area insurance sectors. We model the balance sheet of an insurance company encompassing both life and … non-life business and we calibrate it using country level data to make it representative of the major euro area insurance …
Persistent link: https://www.econbiz.de/10012961958