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Growth, volatility and political instability: non-linear time-series evidence for Argentina, 1896 - 2000

Campos, Nauro F.; Karanasos, Menelaos G. - 2007

What is the relationship between economic growth and its volatility? Does political instability affect growth directly … or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual … legislative changes) has an indirect (through volatility) negative impact. We also find preliminary support for the idea that …

Persistent link: https://www.econbiz.de/10010268236

The value relevance of top executive departures: evidence from the Netherlands

Cools, Kees; van Praag, C. Mirjam - 2007

On theoretical grounds, monitoring of top executives by the (supervisory) board is expected to be value relevant. The empirical evidence is ambiguous and we analyze three non-competing explanations for this ambiguity: (i) The positive effect on firm value of board monitoring is hidden in stock...

Persistent link: https://www.econbiz.de/10010276315

Does the Glass Ceiling Exist? A Cross-National Perspective on

Gang, Ira N.; Landon-Lane, John S.; Yun, Myeong-Su - 2003

We compare male and female upward labor income mobility in Germany and the United States using the GSOEP-PSID Cross National Equivalent File. Our main interest is to test whether a glass ceiling exists for women. The standard glass ceiling hypothesis highlights the belief that the playing field...

Persistent link: https://www.econbiz.de/10010274497

Gender Differences in German Upward Income Mobility

Gang, Ira N.; Landon-Lane, John S.; Yun, Myeong-Su - 2002

We examine the upward labor income mobility of men and women in Germany using the GSOEP Cross National Equivalent File. Women have greater overall income mobility. However, utilizing a measure of upward income mobility and calculating the posterior probability that men?s upward income mobility...

Persistent link: https://www.econbiz.de/10010274499

Anatomy of welfare reform evaluation: Announcement and implementation effects

Blundell, Richard; Francesconi, Marco; van der Klaauw, … - 2011

This paper formulates a simple model of female labor force decisions which embeds an in-work benefit reform and explicitly allows for announcement and implementation effects. We explore several mechanisms through which women can respond to the announcement of a reform that increases in-work...

Persistent link: https://www.econbiz.de/10010282467

Flexibility at the margin and labor market volatility in OECD countries

Sala, Héctor; Silva, José Ignacio; Toledo, Manuel E. - 2008

achieve similar volatility than fully deregulated labor markets. Flexibility at the margin produces a gap in separation costs … de labor market volatility. This increased volatility is partially reverted when limitations in the duration and number … explain the similar volatility observed in many regulated OECD labor markets with flexibility at the margin vis-à-vis the …

Persistent link: https://www.econbiz.de/10010276682

The economic security index: A new measure for research and policy analysis

Hacker, Jacob S.; Huber, Gregory Alain; Nichols, Austin; … - 2012

combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting …

Persistent link: https://www.econbiz.de/10010289981

Predictability of asset returns and the efficient market hypothesis

Pesaran, Mohammad Hashem - 2010

This paper is concerned with empirical and theoretical basis of the Efficient Market Hypothesis (EMH). The paper begins with an overview of the statistical properties of asset returns at different frequencies (daily, weekly and monthly), and considers the evidence on return predictability, risk...

Persistent link: https://www.econbiz.de/10010276268

Aggregate-Level Migration Studies as a Tool for Forecasting Future Migration Streams

Fertig, Michael; Schmidt, Christoph M. - 2000

Assessing the migration potential and predicting future migration streams are among the most relevant, yet least well understood topics of migration research. The usual approach taken to address aggregate-level prediction problems is to fit ad hoc specifications to historical data, and to...

Persistent link: https://www.econbiz.de/10010262391

Google econometrics and unemployment forecasting

Askitas, Nikolaos; Zimmermann, Klaus F. - 2009

The current economic crisis requires fast information to predict economic behavior early, which is difficult at times of structural changes. This paper suggests an innovative new method of using data on internet activity for that purpose. It demonstrates strong correlations between keyword...

Persistent link: https://www.econbiz.de/10010269318