that have relatively similar backgrounds and tax systems: Australia, Canada, New Zealand, the UK, and the US. The first …

the United States and Canada are compared. These countries’ immigration flows have large differences in source countries …, scale and timing, and Canada has a much larger policy emphasis on skilled workers. Following from these, the educational … attainment of US immigrants is currently lower than that in Canada and the intergenerational transmission of education is …

and Canada addresses three questions. First, is there something to explain? We suggest that the existing literature finds …

after separability being imposed. The empirical findings of the exact approach to aggregation are found to be rather …

exchange rate uncertainty. Based on this micro foundation an aggregation approach is presented. Under uncertainty, intervals of … where the aggregation of microeconomic real options effects under uncertainty are relevant, they may even be of a more …

This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … Pesaran (2003), an optimal aggregate function is derived, and the limiting behavior of the aggregation error is investigated … which ‘observed’ inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our …

The consequences of aggregation, temporal or spatial, for the estimation of demand models are theoretically well … model at the most aggregated levels. Indeed, the results for quadratic adjustment costs confirm that aggregation along both …