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“We risk having a generation that hasn’t held a job. Personal dignity comes from working [.] Young people are in a crisis". Pope Francis - July the 22nd, 2013. Youth unemployment is a critical issue across the European Union with 5.5 million people unemployed among the 18-24 years age group...
Persistent link: https://www.econbiz.de/10015242402
Youth unemployment and in particular long-term youth unemployment in Bulgaria is much higher than the EU average. Low flows out of unemployment into a job, especially for the least educated and qualified young people residing in peripheral regions, are the principal source of long-term...
Persistent link: https://www.econbiz.de/10015245202
In 2013, the Colombian government created the “Mecanismo de Proteccion al Cesante”, a mechanism for unemployed individuals to reach consumption smoothing and facilitate their re-entering into the workforce. This study estimates the medium (12 months) and long term (18 months) impacts of the...
Persistent link: https://www.econbiz.de/10015237126
This paper analyses inclusive growth that focuses on the creation of opportunities for all. Inclusive growth allows people to contribute to and benefit from economic growth, while pro-poor growth approaches focusing on welfare of the poor only to reduce inequality. Recently, economics literature...
Persistent link: https://www.econbiz.de/10015247394
The paper deals with the detection and measurement of the level of persistence on aggregate private consumption in Portugal, USA, European Union and EuroZone as well as on some categories of aggregate consumption in Portugal. By the use of a non-parametric methodology applied to monthly data...
Persistent link: https://www.econbiz.de/10015216802
Existing indices of residential segregation are based on an arbitrary partition of the city in neighborhoods: given a spatial distribution of racial groups, the index provides different levels of segregation for different partitions. This paper proposes a method in which individual locations are...
Persistent link: https://www.econbiz.de/10015216829
We propose a nonparametric approach for estimating single-index, binary-choice models when parametric models such as Probit and Logit are potentially misspecified. The new approach involves two steps: first, we estimate index coefficients using sliced inverse regression without specifying a...
Persistent link: https://www.econbiz.de/10015217153
This paper deals with estimating data from experiments determining lottery certainty equivalents. The paper presents the parametric and nonparametric results of the least squares (mean), quantile (including median) and mode estimations. The examined data are found to be positively skewed for low...
Persistent link: https://www.econbiz.de/10015221042
Évora (county and above all, the city) is often cited as a case of success in terms of regional development, as it stands out in terms of social, economic, and demographic indicators from the rest of the region where it is located, i.e. the Alentejo (Portugal). This fact makes it relevant: (i)...
Persistent link: https://www.econbiz.de/10015221207
This paper is concerned with developing a semiparametric panel model to explain the trend in UK temperatures and other weather outcomes over the last century. We work with the monthly averaged maximum and minimum temperatures observed at the twenty six Meteorological Office stations. The data is...
Persistent link: https://www.econbiz.de/10015221224