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The Pass-Through of Exchange Rate in the Context of the European Sovereign Debt Crisis

Ben Cheikh, Nidhaleddine; Rault, Christophe - 2015

This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore the...

Persistent link: https://www.econbiz.de/10011401735

Investigating First-Stage Exchange Rate Pass-Through: Sectoral and Macro Evidence from Euro Area Countries

Cheikh, Nidhaleddine Ben; Rault, Christophe - 2017

In this paper, we evaluate the first-stage pass-through, namely the responsiveness of import prices to the exchange rate changes, for a sample of euro area (EA) countries. Our study aims to shed further light on the role of microeconomic factors vs. macroeconomic factors in influencing the...

Persistent link: https://www.econbiz.de/10011653283

The Effect of Search Frictions on Wages

van den Berg, Gerard J.; van Vuuren, Aico - 2003

transitions, and this allows for estimation of the degree of search frictions. The firm data are informative on labor productivity …

Persistent link: https://www.econbiz.de/10010261542

Rent Control and Unemployment Duration

Svarer, Michael; Rosholm, Michael; Munch, Jakob Roland - 2003

In this paper we investigate whether rent control affects the functioning of the labour market. Particularly, we focus on the effect of rent control on the length of individual unemployment duration. Theoretically, the effect is ambiguous. Rent control reduces housing mobility and could very...

Persistent link: https://www.econbiz.de/10010261571

Are Home Owners Really More Unemployed?

Munch, Jakob Roland; Rosholm, Michael; Svarer, Michael - 2003

This paper investigates the effects of home-ownership on labour mobility and unemployment duration. We distinguish between finding employment locally or by being geographically mobile. We find that home ownership hampers the propensity to move for job reasons but improves the chances of finding...

Persistent link: https://www.econbiz.de/10010261596

Dropping out of School? A Competing Risks Analysis of Young Immigrants? Progress in the Educational System

Jakobsen, Vibeke; Rosholm, Michael - 2003

This paper analyses the drop-out and graduation behaviour of young 1st generation immigrants enrolled in a qualifying education in the period 1984-1999. The descriptive analyses show that the low educational achievements among young immigrants compared to young ethnic Danes found in other...

Persistent link: https://www.econbiz.de/10010261626

Employment Effects of Dispersal Policies on Refugee Immigrants, Part I: Theory

Damm, Anna Piil; Rosholm, Michael - 2003

This paper formulates a partial search model in which unemployed individuals simultaneously search for job and location of residence. Most importantly, we show that, ceteris paribus, a decrease in current place utility increases the transition rate into a new location of residence and the...

Persistent link: https://www.econbiz.de/10010261631

Employment Effects of Dispersal Policies on Refugee Immigrants, Part II: Empirical Evidence

Damm, Anna Piil; Rosholm, Michael - 2003

into relocation to another municipality by joint estimation of the duration of the first non-employment spell and time … until relocation. The main estimation results are as follows: First, the hazard rate into first job is increasing in the …

Persistent link: https://www.econbiz.de/10010261632

Compensating wage differentials for schooling risk in Denmark

Diaz-Serrano, Luis; Hartog, Joop; Skyt Nielsen, Helena - 2003

risks. Hence, we state a return-risk trade-off for the human capital investments in Denmark. …

Persistent link: https://www.econbiz.de/10010261656

The Impact of Family-Friendly Policies in Denmark and Sweden on Mothers? Career Interruptions Due to Childbirth

Pylkkänen, Elina; Smith, Nina - 2004

We analyze the impact of family-friendly policies on women?s career breaks due to childbirth in Denmark and Sweden. In … childbirth. Sweden and Denmark are culturally similar and share the same type of welfare state ideology, but differ remarkably in … focused much more on flexible leave schemes and on the shared responsibilities of the parents than in Denmark. …

Persistent link: https://www.econbiz.de/10010261815