This paper analyzes the influence of exchange rate regimes on fiscal performance, focusing on the difference between fixed and flexible exchange rates. For these ends, a sample of 83 countries for the 1974-1998 period, the GMM methodology for dynamic proposal panel models proposed by Arellano...

Matthew Hall, Ph.D., Associate Professor at the Institute of Government and Public Affairs, University of Illinois, Chicago, IN, United States. Email: mshall@uic.edu Address: 601 S Morgan St, Chicago, IL 60607, United States.George Farkas, Ph.D., Professor at the School of Education, University...

Using the National Longitudinal Survey of Youth 1979 I employ a longitudinal framework to examine the impact of union membership on the earnings losses following a workplace injury, and explore some possible avenues through which unions can mitigate earnings losses. The annual earnings results...

A robust body of literature spanning several countries indicates a positive association between maternal employment and child body mass index (BMI). Fewer studies have examined the role of paternal employment. More importantly, little empirical work examines the mechanisms that might explain the...

This article specifies a dynamic career decision model that includes military service options to understand how human capital, compensation, the business cycle, and combat risk affect the military labor supply. Using data on males from the 1979 National Longitudinal Survey of Youth, experimental...

We use a dynamic framework and panel methodology to investigate the determinants of a firms' time-varying capital structure. Our sample comprises 706 European firms from France, Germany, Italy and the U.K. over the period from 1983 to 2002. If capital structure adjustment is costly, firms may...

In applied microeconometric panel data analyses, time-constant random effects and first-order Markov chains are the most prevalent structures to account for intertemporal correlations in limited dependent variable models. An example from health economics shows that the addition of a simple...