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The effect of educational mismatch on wages using European panel data
Iriondo, Iñaki; Pérez Amaral, Teodosio - 2013
This paper analyzes the effect of educational mismatch on wages, using a rich panel dataset of workers in the major …
Persistent link: https://www.econbiz.de/10009687794
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On the long-run unemployment, inflation, and volatility
Fasani, Stefano - 2021
This paper builds up a simple New Keynesian model and revisits the relationship between unemployment and in ation in the long-run. It finds that when the labor market is affected by downward nominal wage rigidity, this relationship goes beyond the tradeoff between the first moments of...
Persistent link: https://www.econbiz.de/10012429726
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Getting PPP right : identifying mean-reverting real exchange rates in panels
Chortareas, Georgios E. (contributor);  … - 2008
real exchange rates in panel frameworks. One weakness of such tests, however, is that they fail to inform the researcher as … a small number of real exchange rates in a given panel may drive the results. In this paper we examine the PPP … when applied to a set of established panel-unit-root tests, allows the identification of the real exchange rates that are …
Persistent link: https://www.econbiz.de/10003740322
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Panel estimation of the impact of foreign banks presence on selected banking indicators in Macedonia
Mitreska, Ana; Bojcheva-Terzijan, Sultanija - 2017
behaviour. We employ panel estimation method with a pooled mean group estimator. The results do confirm the thesis that foreign …
Persistent link: https://www.econbiz.de/10011702752
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Quasi maximum likelihood estimation of spatial models with heterogeneous coefficients
Aquaro, Michele; Bailey, Natalia; Pesaran, M. Hashem - 2015
This paper considers spatial autoregressive panel data models and extends their analysis to the case where the spatial … section dimensions of the panel are large. It derives the asymptotic covariance matrix of the QML estimators allowing for the … sample properties for panels with moderate time dimensions and irrespective of the number of cross section units in the panel …
Persistent link: https://www.econbiz.de/10011283005
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Copula-based bivariate binary response models
Winkelmann, Rainer - 2009
The bivariate probit model is frequently used for estimating the effect of an endogenous binary regressor on a binary outcome variable. This paper discusses simple modifications that maintain the probit assumption for the marginal distributions while introducing non-normal dependence among the...
Persistent link: https://www.econbiz.de/10003900958
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The effect of income on positive and negative subjective well-being
Boes, Stefan (contributor); Winkelmann, Rainer (contributor) - 2006
econometric models. A flexible multiple-index ordered probit panel data model with varying thresholds can identify response … asymmetries in single-item measures of subjective well-being. An application to data from the German Socio-Economic Panel for 1984 …
Persistent link: https://www.econbiz.de/10003354431
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Assessing the impact of new technologies on wages and labour income shares
Ghodsi, Mahdi; Stehrer, Robert; Barišić, Antea - 2024
This paper advances the literature on the impacts of new technologies on labour markets, focusing on wage and labour income shares. Using a dataset from 32 countries and 38 industries, we analyse the effects of new technologies - proxied by patents, information and communication technology (ICT)...
Persistent link: https://www.econbiz.de/10014461452
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The wage incentive to management : a comparison across European economies
Biagetti, Marco; Leonida, Leone; Scicchitano, Sergio - 2012
We define the wage incentive to management as the wage premium the manager earns because of his/her supervising role. We adopt an approach based on what if questions and estimate the premium at different quantiles of the distribution of wages for 26 European economies. To ease comparisons we...
Persistent link: https://www.econbiz.de/10009427075
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Social skills and the individual wage growth of less educated workers
Aghion, Philippe; Bergeaud, Antonin; Blundell, Richard W.; … - 2023
We use matched employee-employer data from the UK to highlight the importance of social skills, including the ability to work well in a team and communicate effectively with co-workers, as a driver for individual wage growth for workers with few formal educational qualifications. We show that...
Persistent link: https://www.econbiz.de/10014382140