We examine the impact of large-scale asset purchases of government bonds on real GDP and the CPI in the United Kingdom and the United States with a Bayesian VAR, estimated on monthly data from 2009 M3 to 2013 M5. We identify an asset purchase shock with sign and zero restrictions. In contrast to...

Die Bedeutung von nicht traditionellen Familienformen, d. h. von Familien, in denen nicht beide leibliche Eltern ihre Kinder gemeinsam großziehen, wird immer wieder kontrovers diskutiert. In der Öffentlichkeit wird häufi g vermutet, dass Kindern Nachteile erwachsen, wenn sie nicht in...

Using data from the British Household Panel Survey from 1991 to 1996, the authors investigate the impact of union coverage on work-related training and how the union-training link affects wages and wage growth for a sample of full-time men. Relative to uncovered workers, union-covered men are...

In this paper, we investigate whether or not there is an equal opportunities dimension to regulating equal pay and conditions for temporary work. We develop a ?buffer stock? model of temporary work that suggests a number of reasons why ethnic minorities and women may be more likely to be on...

In Britain about 7% of male employees and 10% of female employees are in temporary jobs. In contrast to much of continental Europe, this proportion has been relatively stable over the 1990s. Using data from the British Household Panel Survey, we find that temporary workers report lower levels of...

This paper presents the conditions under which a causal interpretation can be given to the association between childhood parental employment and subsequent education of children. In a model in which parental preferences are separable in own consumption and children?s wellbeing, estimation is...

This paper explores the relationship between non-standard types of employment and mental health. The analysis uses data on workers from the first seven waves of the British Household Panel Study, 1991-97. Four different types of non-standard employment (non-standard contracts, places, times, and...

This paper investigates the links between the socio-economic position of parents and the socio-economic position of their offspring and, through the marriage market, the socioeconomic position of their offspring?s parents-in-law. Using the Goldthorpe-Hope score of occupational prestige as a...

Toyboy marriages (where the female partner is at least 5 years older than her male partner) have grown threefold since the 1970s in the United States and Britain. This paper examines this phenomenon using an equilibrium search framework in which becoming successful in the labour market takes...