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Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment rather than wages, at odds with the quantitative predictions of the canonical search model - even if wages are only occasionally renegotiated. We argue that one source of the wage...
Persistent link: https://www.econbiz.de/10011446155
allows to identify the intrafamily correlation in well-being. The parameters of the model can be estimated with panel data … using Maximum Marginal Likelihood. The approach is illustrated in an application using panel data for the period 1984 …-1997 from the German Socio-Economic Panel in which both inter-generational and intra-marriage correlations in well-being are …
Persistent link: https://www.econbiz.de/10001729413
adult children's subjective well-being in a data set extracted from the German Socio-Economic Panel. In order to segregate …. We control for various sources of potential bias by taking advantage of the data's panel structure. To validate our …
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We unbox developments in artificial intelligence (AI) to estimate how exposure to these developments affect firm-level labour demand, using detailed register data from Denmark, Portugal and Sweden over two decades. Based on data on AI capabilities and occupational work content, We develop and...
Persistent link: https://www.econbiz.de/10014445928
) valuation. Panel-based misalignment estimates of the four economies show that net foreign asset build-up does not necessarily …
Persistent link: https://www.econbiz.de/10003990427
Durbin Model in a panel context, thus including fixed effects in order to eliminate any time influence on variables as well …
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