We evaluate the impact of a mandatory quota of workers with disabilities using a sharp regression discontinuity design. We use data from a panel of Spanish firms where there is a mandatory quota of 2 per cent for firms with 50 or more workers. Non-parametric estimations show that strictly beyond...

In the light of the present debate on the problem of child labour in developing countries, it is the need of the hour to look into the experiences of those developed/industrialised nations. The high incidence of child labour in the industrialised nations during the last two centuries, especially...

This paper is devoted to the peculiarities of the Siberian labor market regulation, including the deepening of market segmentation based on several criteria: the availability of alternative forms of employment; different rates of release and quality of employees; qualifications of employees;...

The impact of minimum wage on employment has been a field of conflicts among economists in labor economics. This divergence of views usually takes the form of conflicting empirical studies. However, in our research we managed to find only one study on the employment effect of minimum wages...

This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...

This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...

Among the many demand specifications in the literature, the Rotterdam model and the Almost Ideal Demand System (AIDS) have particularly long histories, have been highly developed, and are often applied in consumer demand systems modeling. Using Monte Carlo techniques, we seek to determine which...

Normally econometric models that forecast Italian Industrial Production Index do not exploit pieces of information already available at time t+1 for its own main industry groupings. A new strategy is sketched here using state space models and aggregating the estimates to obtain improved results....

The problem of consumer demand in modern (micro)economic theory is that this theory contains a normative theory of individual demand, but does not contain a positive theory of market demand – an object of real interest for economists-practitioners and governments. This failure has led to...

A common approach to analyze count time series is to fit models based on random sum operators. As an alternative, this paper introduces time series models based on a random multiplication operator, which is simply the multiplication of a variable operand by an integer-valued random coefficient,...