In this dissertation, three related issues of building empirical time series models forfinancial markets are investigated with respect to contemporaneous causality, dynamics,and structural change. In the first essay, nation-wide industry information transmissionamong stock returns of ten sectors...

We apply semiparametric efficient estimation procedures for a seemingly unrelated regression model where the multivariate error density is elliptically symmetric to study the efficiency of the foreign exchange market. We consider both cointegrating regressions and standard stationary...

Traditional empirical methods of designing railway track rely on simplistic impact factor methods that crudely represent the complex dynamic behaviour of track and train interaction and of the defects that give rise to damaging forces. Various analytical models have been developed around the...

This dissertation consists of three essays in LaborEconomics. The first chapter estimates the costs for establishments of hires andseparations for a panel of German establishments. The panel records the start and thetermination of the employment of all employees in the surveyed establishments,...

Berla Karo Karo, 2009, Analyze of Market Labor in North Sumatera, under the guidance Dr. Murni Daulay, M.Si. (Chief), Drs. Iskandar Syarief, M.A. (Members).The purpose of this study is to analyze the influence of the variables of supply and demand for labor for the labor market in North Sumatra....

The labor share is defined as the share of value added which is payed out to workers. It is therefore often also called the wage share. Generally it is assumed that value added is produced with capital and labor as input factors so that Y = F(K;L) where Y is value added or output, K the capital...

Applying a common empirical approach to comparable industry-level data on production, trade, and labor markets for Japan and South Korea, this paper aims to investigate the impacts of outsourcing on different sectors of the labor market focusing on differences in educational attainment. While...

Around 237,000 new firms have been founded in Germany each year during the last decade. Investigating start-up conditions and start-up success is an important concern of economic research, since the establishment of new firms is seen as a major driver of economic growth. New firms speed up...

Critics of globalization claim that U.S. manufacturing firms are being driven by the prospects of cheaper labor to shift employment abroad. Yet the evidence, beyond anecdotes, is slim. Using firm-level data collected by the U.S. Bureau of Economic Analysis (BEA), we estimate the impact on U.S....

We investigate the microeconomic effects of labor regulations that protect employment and are expected to increase rigidity in labor markets. We exploit a unique outlet-level dataset obtained from a multinational food chain operating about 2,840 retail outlets in 43 countries outside the United...