In this paper we propose a sequential Monte Carlo algorithm to estimate a stochastic volatility model with leverage effects and non constant conditional mean and jumps. We are interested in estimating the time invariant parameters and the non-observable dynamics involved in the model. Our idea...

Goal of this paper is to analyze and forecast realized volatility through nonlinear and highly persistent dynamics. In particular, we propose a model that simultaneously captures long memory and nonlinearities in which level and persistence shift through a Markov switching dynamics. We consider...

Liste di mobilità (LM) is an Italian labour market programme targeted to dismissed workers. There is a passive component granting monetary benefits to employees dismissed by firms larger than 15 employees, and an active component providing an employment subsidy to any firm hiring workers from...

Liste di mobilità (LM) is an Italian labour market programme targeted to dismissed workers. It combines a 'passive' component granting monetary benefits to employees dismissed by firms larger than 15 employees, and an 'active' component providing an employment subsidy to any firm hiring workers...

The paper deals with measurement error, and its potentially distorting role, in information on industry and professional status collected by labour force surveys. The focus of our analyses is on inconsistent information on these employment characteristics resulting from yearly transition...

The balance between the right to privacy and the right to freedom of information is altered when scientific research comes into play, because of its inherent needs and societal function. This paper argues that, for research purposes, microdata should be characterised as a public good. The...

Current labour force counting relies on general guidelines set by the International Labour Office(ILO) to classify individuals into three labour force states: employment, unemployment and in activity. However, the resulting statistics areknown to be sensitive to slight variations of operational...

We use data about job search and work preferences, typically collected in a Labour Force Survey, in order to construct an indicator of .choosiness. of the supply of job-seekers. The method for obtaining the indicator, first at individual level and then at aggregate levels, is based on results...