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dynamic simulations that account for the swings of the unemployment rates before and after the 2007 crisis. Our results … productivity, and demographics, succeed in explaining a great part of the changes in unemployment in both countries …. -- unemployment dynamics ; structural multi-equation models ; chain reaction theory ; simulations ; PIGS …
Persistent link: https://www.econbiz.de/10010118876
targeting monetary policy. The results from Generalized Methods of Moments (GMM) estimation suggest that empirical findings are …
Persistent link: https://www.econbiz.de/10010160677
The classical APT model is of the form r j - E(r j) = beta j(I - EI) + epsilon j, where r j - E(r j) is the earning deviation (called basic ariance-profit) of the security j, I is a common factor. This paper considers the impact on the securities return caused by the skewness and kurtosis of the...
Persistent link: https://www.econbiz.de/10009958478
approach to estimation that takes a Bayesian view of the efficient use of information: “Use all the information you have, but …
Persistent link: https://www.econbiz.de/10010186055
This article examines the impact of news about the Bank of Japan monetary policy announcements regarding the Japanese yen, US dollar, and the Euro interest rates. Whether or not the announcements from the monetary authorities impact the domestic markets is related to the success of their...
Persistent link: https://www.econbiz.de/10010009133
This paper presents a case study on reforming a very dysfunctional labor market with a deep insider-outsider divide, namely the Spanish case. We show how a dual market, with permanent and temporary employees, makes real reform much harder, and leads to purely marginal changes that do not alter...
Persistent link: https://www.econbiz.de/10010118871
unemployment spells, hours worked and monthly earnings. We also analyze whether displaced workers are more likely to be in informal … employment relationships or self-employed or less happy than their non-displaced counterparts. We also look at health and psychic … costs as additional outcomes. Displaced migrant workers do not encounter losses in terms of longer unemployment spells or …
Persistent link: https://www.econbiz.de/10010148486
This study aims to examine the characteristics of unemployment and migration of labor in the Northeastern of Thailand … and to study the unemployment problems faced by local workers. The samples used in the study were 455 unemployed workers …-30 years old. The unemployed were mostly single at 52.97%. Factors that relate to the severity of the unemployment problem are …
Persistent link: https://www.econbiz.de/10010097695
We examine two impacts of international emigration on the evolution of the institutions in the origin countries. The first impact concerns the influence of emigration per se (i.e. people who left the country can voice more or less from abroad). The second impact relates to the transfer of the...
Persistent link: https://www.econbiz.de/10010186088
We estimate the effect of active labour-market programmes on the exit rate to regular employment for non … largest for subsidized employment programmes, but effects are also large and significant for direct employment programmes and … other programmes. Effects are larger if programmes begin after six months of unemployment. Implications of our estimates are …
Persistent link: https://www.econbiz.de/10010186094