It is well known that German and Spanish labour markets are quite different from a macro point of view. In this paper, we look at these markets through the lenses of individual unstable spells. These include all forms of atypical employment (such as temporary contracts and mini-jobs) as well as...

Purpose: The Italian school-to-work transition (STWT) is astonishingly slow and long in comparison to the other EU countries. The aim of this paper is to analyze its determinants comparing the Italian case with Austria, Poland and the UK in a gender perspective. Design/methodology/approach: The...

Context: This study, underpinned by Critical Realism, re-analysed interview data acquired to examine the views and experiences of four stakeholder groups involved in the delivery of employer-sponsored pre-registration nursing programmes offered by a UK university in which all students already...

This economic memo investigates the drivers of the Danish-German 10-year yield spread, which has widened 25 basis points since January 2020. The widening is found to be driven mainly by larger collateral scarcity of German sovereign bonds due to the ECB's significant bond purchases and a...

This research provides the first evidence on the impacts of waiting times for treatment for a substance use disorder (SUD). Using rich linked administrative information from Norway, we study the impact of waiting time on health-care utilization, employment and crime for patients who enter...

We study the role of formal institutions of contract enforcement in facilitating investments in small and medium firms(MSME). In a framework where established entrepreneurs can enforce contracts informally using their network ties and hierarchical advantage, we argue that an efficient formal...

This paper proposes a causal decomposition framework for settings in which an initial regime randomization influences the timing of a treatment duration. The initial randomization and treatment affect in turn a duration outcome of interest. Our empirical application considers the survival of...

We study the gender gap in the duration of sick leave in Spain by splitting this duration into two types of days - those which are related to biological characteristics and those derived from behavioral reasons. Using the Statistics of Accidents at Work for 2011-2019, we found that women...

Purpose - This study aims to examine the effects of occupational characteristics on the length of time required to socialize newcomers. The authors examine task mastery, role clarity and social acceptance as indicators of socialization. Design/methodology/approach - To test the hypotheses, the...

Context: This study, underpinned by Critical Realism, re-analysed interview data acquired to examine the views and experiences of four stakeholder groups involved in the delivery of employer-sponsored pre-registration nursing programmes offered by a UK university in which all students already...

This paper explores the effect of financial development on the duration of economic recoveries, considering a sample of 414 economic recoveries observed in 67 countries during the period 1989-2019. We define the duration of economic recovery, as the time it takes the economy to return to its...

Using a direct measure of equity cash flow duration, we find that firms with high cash flow duration are more likely to become an acquirer and use stock as the payment method. Both in the short and long run, stock markets react more unfavorably to acquisition announcements by these acquirers....

This paper finds that CEO incentive horizons, proxied by their executives’ pay duration, are positively associated with their firms’ engagement in corporate social responsibility (CSR), especially when those firms face high risk of reputation loss, need stakeholder support, or maintain...

Equity duration is a measure of discount-rate sensitivity that is driven by both, stock-specific cash-flow timing and stock-specific discount-rate levels. Established measures of equity duration using market-price information derive their predictive power for returns from using market-implied...

This paper investigates the US housing market from just before the Great Recession onward (2006-19) and assesses the viability of stock-flow matching in generating the observed outcomes. The paper documents that the probability that a house sells declines sharply after listing for two weeks....

This paper investigates the US housing market from just before the Great Recession onward (2006-2019) and assesses the viability of stock-flow matching in generating the observed outcomes. The paper documents that the probability a house sells declines sharply after listing for two weeks....

This paper explores the connection between tenant riskiness, commercial lease length and the term structure of lease contracts. Theory shows that the possibility of default on a long-term lease generates a risk/lease-length connection. The empirical work uses a large CompStak lease dataset...

Providing income support to unemployed education-leavers reduces the returns to investments in education because it makes the consequences of unemployment less severe. We evaluate a two-part policy reform in Belgium to study whether conditioning the prospective entitlement to unemployment...

Using costly-process models of war with democratic citizens and soldiers, this article explores two contrasting claims on the negative association between the probability of democratic victory and the duration of war. As a claim holds, democracies are not militarily disadvantageous in long wars....

Due to severe global competition, the project management process for one-of-a-kind production must aim for better risk management and higher efficiency. Despite being critical in order to forecast the duration of logistics processes, intra-enterprise knowledge, historical data from past projects...

This study estimates the lifetime effects of lost instructional time in the classroom on labor market performance. For identification, I use historical shifts in the school year schedule in Germany, which substantially shortened the duration of the affected school years with no adjustments in...

We investigate the effects of individuals’ name length on their labor market performance using Chinese data. The results indicate that the longer a person’s name, the higher their probability of employment but the lower their income. The optimal fullname (firstname) length with respect to...

The Covid-19 pandemic has led to a surge in demand for oleochemicals, due to the increased demand for cleaning and disinfectants products. Since Malaysia is one of the world’s largest producers of palm oil, the demand for oleochemicals will be a key driver to support the Malaysian palm oil...

This study identifies the relative importance of certain factors in predicting firm–bank relationship termination and investigates the impact of COVID-19-induced macroeconomic shocks on the termination. We perform a nonparametric random survival forests analysis of firm–bank relationship...

In 2017, a Finnish policy reform intensified the Public Employment Services’ (PES) practice of periodically interviewing unemployed jobseekers. This study used high-quality administrative data to analyse the effect of interviews on unemployment duration. We used the difference-in-differences...

We study the effect of rent stabilization in NYC on tenant unemployment from 2002 to 2017. We show rent stabilization increases tenants’ unemployment by six percentage points, more than double the average unemployment rate during the study period. Moreover, the effect is concentrated in...

The goal of this paper is to provide a framework for understanding the appropriate time horizons for certain asset classes by quantifying their specific duration. We then use that duration framework to apply an asset-liability matching methodology across all time horizons with the goal of...