Showing 1 - 10 of 1,133
characterized by an increase in the employment-GDP elasticity. Additionally, separating labor demand by sectors, I find evidence of …In this paper I find evidence of a structural change in the labor demand in Chile in 2001. The break is mainly … a stronger negative impact of the minimum wages on employment in the tradable sector in the late nineties. A minimum …
Persistent link: https://www.econbiz.de/10011111619
of employment generating capacity, expressed in a fall in the employment-PGB elasticity of the economy. Second, a strong … negative effect of minimum wage increases in the late nineties. The first hypothesis is not supported empirically, except the … evidence. In this paper I attempt to answer both questions using an alternative methodology for the estimation of multiple …
Persistent link: https://www.econbiz.de/10011114184
employment was far from reaching its previous peak. However, assessment of the employment situation was markedly different across … different series. The two most important employment series, payroll employment (ENAP) and civilian employment (TCE), have … unrevised data. We find that the main differences across these series occur around recessions. The employment measures have …
Persistent link: https://www.econbiz.de/10011109228
In this paper, we examine the relationship between employment and economic growth in the most populated island in … indicate that employment has a relationship to economic growth. In West Java farm activities, which are agriculture, livestock … employment and GDP relating to farm activities in West Java are more stable than non-farm activities after the economic crisis of …
Persistent link: https://www.econbiz.de/10005616921
employment was far from reaching its previous peak. However, assessment of the employment situation was markedly different across … different series. The two most important employment series, payroll employment (ENAP) and civilian employment (TCE), have … unrevised data. We find that the main differences across these series occur around recessions. The employment measures have …
Persistent link: https://www.econbiz.de/10009325627
We develop a GARCH model with autoregressive conditional asymmetry to describe time-series. This means that, in addition to the conditional mean and variance, we assume that the skewness describes the behavior of the time-series. Analytically, we use the methodology proposed by Fernández and...
Persistent link: https://www.econbiz.de/10011107249
We test two questions: (i) Is the Bayesian Information Criterion (BIC) more parsimonious than Akaike Information Criterion (AIC)?, and (ii) Is BIC better than AIC for forecasting purposes? By using simulated data, we provide statistical inference of both hypotheses individually and then jointly...
Persistent link: https://www.econbiz.de/10011107307
The paper is the first attempt to evaluate the role of gold as a hedge (negative or low correlation with equities in normal market conditions) and safe haven (negative or low correlation in times of market turbulence) by using the daily data for gold and Shariah-compliant equities ranging from...
Persistent link: https://www.econbiz.de/10011107408
This paper explored the degree of inflation persistence in Thailand using both headline and sectoral CPI indices during the 1985-2012 period. The results showed that the degree of persistence was low across the fixed and floating exchange rate regimes. The mean shifts appeared to be mostly...
Persistent link: https://www.econbiz.de/10011107453
employment for her people. Historically this country has been concerned with the volatility of spot markets and used buffer …
Persistent link: https://www.econbiz.de/10011107475