Showing 1 - 10 of 22
We provide first evidence regarding the direct impact of educational mismatch on firm productivity. To do so, we rely on representative linked employer-employee panel data for Belgium covering the period 1999-2006. Controlling for simultaneity issues, time-invariant unobserved workplace...
Persistent link: https://www.econbiz.de/10010598734
Offshoring is generally believed to be productivity-enhancing and this belief is underpinned by economic theory. This article contributes to the growing literature that tests empirically whether offshoring does indeed help to improve productivity. Estimating the impact of materials and business...
Persistent link: https://www.econbiz.de/10009149157
Offshoring is generally believed to be productivity-enhancing and this belief is underpinned by economic theory. This article contributes to the growing literature that tests empirically whether offshoring does indeed help to improve productivity. Estimating the impact of materials and business...
Persistent link: https://www.econbiz.de/10009251226
In the last two decades, there has been a lot of empirical evidence suggesting that many macroeconometric and financial models (e.g. for inflation, interest rates, or exchange rates) are subject to both parameter instability and identification problems. In this paper, we address both issues in a...
Persistent link: https://www.econbiz.de/10010818165
consistency and asymptotic normality of GMM estimators. We then develop two tests to assess the identification strength of the …
Persistent link: https://www.econbiz.de/10010818168
specifically, we study the asymptotic properties of the standard GMM estimator and the Hansen J-test when additional moment … restrictions that are weaker than the original ones are available. We show that the consistency of the GMM estimator is not … the efficiency of GMM estimator. Finally, we study the behavior of the Hansen J-test to assess the compatibility between …
Persistent link: https://www.econbiz.de/10010818177
The authors use matched employer-employee panel data on Belgian private-sector firms to estimate the relationship between wage/productivity differentials and the firm’s labor composition in terms of part-time and sex. Findings suggest that the groups of women and part-timers generate employer...
Persistent link: https://www.econbiz.de/10010712566
Offshoring is generally believed to be productivity-enhancing and this belief is underpinned by economic theory. This article contributes to the growing literature that tests empirically whether offshoring does indeed help to improve productivity. Estimating the impact of materials and business...
Persistent link: https://www.econbiz.de/10009645497
This paper extends the asymptotic theory of GMM inference to allow sample counterparts of the estimating equations to …
Persistent link: https://www.econbiz.de/10010594970
We estimate the impact of workforce diversity on productivity, wages and productivity-wage gaps (i.e. profits) using detailed Belgian linked employer-employee panel data. Findings, robust to a large set of covariates, specifications and econometric issues, show that educational (age) diversity...
Persistent link: https://www.econbiz.de/10010638968