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We examine how couples'breadwinning patterns are classified and how they have changed over the past four decades during which we have seen increase in women's labor force participation. We explore how the latent variable of spousal breadwinning types is associated with the socioeconomic...
Persistent link: https://www.econbiz.de/10015262044
We examine the accuracy of survey-based expectations of the Chilean exchange rate relative to the US dollar. Our out-of-sample analysis reveals that survey-based forecasts outperform the Driftless Random Walk (DRW) in terms of Mean Squared Prediction Error at several forecasting horizons. This...
Persistent link: https://www.econbiz.de/10015262273
In this paper we show that the exchange rates of some commodity exporter countries have the ability to predict the price of spot and future contracts of aluminum. This is shown with both in-sample and out-of-sample analyses. The theoretical underpinning of these results relies on the...
Persistent link: https://www.econbiz.de/10015265738
The purpose of this paper on the study of Quantitative and Qualitative finance aims to bring forward new innovation in Data Science Methodologies. In this publication a unique equation form… F(x) = A·Sin (x)+ B · Cos (x) + C · Tan (x) + ɸ (n) + M(c) + F(n) Is given to pursue the analysis...
Persistent link: https://www.econbiz.de/10015270606
After entering the European Union (EU) Latvia faced new possibilities in international labor market. In 2004 several member states opened their labor markets to workers from Latvia. The largest amount of labor force went to Ireland, Great Britain and Sweden. In these countries salaries were...
Persistent link: https://www.econbiz.de/10015225327
In this paper we apply a semi-parametric approach (quantile regression - QR) to the last 2007 wave of the EU-SILC data set, in order to explore the connection between education and wage inequality in 8 European countries. We find that wages increase with education and this holds true across the...
Persistent link: https://www.econbiz.de/10015219327
In this paper we investigate whether inequality in the inter-industry wage premia may be explained by unobserved differences in workers’ educational skills. We use the 2007 EU-SILC data set for Portugal, a nation which can be considered a case-study, due to its high inter-industry wage...
Persistent link: https://www.econbiz.de/10015219337
In this paper we look at the distribution of wages to examine the extent and cause of the increasing wage inequality in Mexico over the last two decades (1984 to 2000). To understand the causes of the increase in inequality over time we do a counterfactual analysis. We find that over the last...
Persistent link: https://www.econbiz.de/10015232849
Over the last three decades, wage inequality and the importance of the minimum wage presented a nearly symmetric behavior in Portugal. Applying a semiparametric approach, this paper presents significant visual and quantitative evidence of how the MW structurally reshaped the wage distribution....
Persistent link: https://www.econbiz.de/10015267607
This paper presents a nonparametric analysis of the impact of the 2008 crisis on earnings distribution in Turkey. Using micro-level data from the Household Labor Force Survey (2004-2011), I show that the crisis has operated most visibly above the upper quartile of the earnings distribution. I...
Persistent link: https://www.econbiz.de/10015237182