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Measuring the price responsiveness of gasoline demand

Blundell, Richard; Horowitz, Joel L.; Parey, Matthias - 2009

This paper develops a new method for estimating the demand function for gasoline and the deadweight loss due to an increase in the gasoline tax. The method is also applicable to other goods. The method uses shape restrictions derived from economic theory to improve the precision of a...

Persistent link: https://www.econbiz.de/10010288427

Does a pint a day affect your child's pay? The effect of prenatal alcohol exposure on adult outcomes

Nilsson, Peter - 2008

among youths. Using a difference-in-difference-indifferences estimation strategy we find that around the age of 30 the …

Persistent link: https://www.econbiz.de/10010288433

The yield spread puzzle and the information content of SPF forecasts

Lahiri, Kajal; Monokroussos, George; Zhao, Yongchen - 2012

While the yield spread has long been recognized as a good predictor of recessions, it seems to have been largely overlooked by professional forecasters. We examine this puzzle, established by Rudebusch and Williams (2009), in a data-rich environment including not just the yield spread but many...

Persistent link: https://www.econbiz.de/10010288463

The golden hello and political transitions

Aidt, Toke S.; Albornoz, Facundo; Gassebner, Martin - 2012

We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's [American Economic Review 91, 2001] model of political transitions to show how the anticipation of new loans from in-ternational financial...

Persistent link: https://www.econbiz.de/10010288466

Persistence in youth unemployment

Caporale, Guglielmo Maria; Gil-Alana, Luis A. - 2012

This paper examines the degree of persistence of youth unemployment (total, male and female) in twenty-four countries … are necessary to prevent short-term unemployment from becoming structural (long-term). …

Persistent link: https://www.econbiz.de/10010288467

Flexible work time in Germany: Do workers like it and how have employers exploited it over the cycle?

Hunt, Jennifer - 2012

After describing qualitatively the increasingly flexible organization of work hours in Germany, I turn to the German Socio-Economic Panel to quantify practices and trends, and assess their effects on workers and employers. Measuring flexibility as the extent to which overtime is compensated with...

Persistent link: https://www.econbiz.de/10010288706

Who leaves and when? Selective outmigration of immigrants from Germany

Kuhlenkasper, Torben; Steinhardt, Max Friedrich - 2012

The paper provides new evidence on the outmigration of foreign-born immigrants. We make use of data from the German Socio-Economic Panel and employ penalised spline smoothing in the context of a Poisson-type Generalised Additive Mixed Model (GAMM), which enables us to incorporate bivariate...

Persistent link: https://www.econbiz.de/10010288710

Education, personality and separation: The distribution of relationship skills across society

Boertien, Diederik; von Scheve, Christian; Park, Mona - 2012

on divorce risk, which is relevant for future research on the effects of personality. In addition, effects differ by … level of education. We find personality traits that affect divorce risk to be unevenly distributed over educational groups … is a very significant predictor of divorce risk. Overall, we find no support for the hypothesis that the lower educated …

Persistent link: https://www.econbiz.de/10010288711

The interest rate pass-through in the Euro area during the global financial crisis

Hristov, Nikolay; Hülsewig, Oliver; Wollmershäuser, Timo - 2012

This paper uses panel vector autoregressive models and simulations of an estimated DSGE model to explore the reaction of Euro-area banks to the global financial crisis. We focus on their interest-rate setting behavior in response to standard macroeconomic shocks. Our main empirical finding is...

Persistent link: https://www.econbiz.de/10010288717

Women's Labour Supply after Childbirth: An Empirical Analysis for Switzerland

Djurdjevic, Dragana - 2005

In this paper, I investigate employment behaviour of women one year after childbirth. Since the study is based on a sample of mothers only, a corrective method for selection into motherhood has been applied. In the empirical work, I use the family sex composition as an instrument for fertility....

Persistent link: https://www.econbiz.de/10010288720