Search results for "Economic History"

Does one size fit all? The impact of cognitive skills on economic growth

2016

Les Documents de Travail de l'IREDU, n°2016-1; This paper tests for heterogeneous effects of cognitive skills on economic growth across countries. Using a new extended dataset on cognitive skills and controlling for potential endogeneity, we find that the magnitude of the effect is about 60 per cent higher for low-income countries compared to high-income countries, and it more than doubles when low TFP countries are compared to high TFP countries. There are also marked differences across geographic regions. Using data on the share of the population with advanced and minimum skill levels, our results also indicate that high-income countries should focus on increasing the number of high skill…

Do we value mobility?

2015

Is there a trade-off between people's preference for income equality and income mobility? Testing for the existence of such a trade-off is difficult because mobility is a multifaceted concept. We analyse results from a questionnaire experiment based on simple precise concepts of income inequality and income mobility. We fnd no direct trade-off in preference between mobility and equality, but an indirect trade-off, applying when more income mobility can only be obtained at the expense of some income inequality. Mobility preference - but not equality preference - appears to be driven by personal experience of mobility.

A review of the third report of the Monopolies Commission of West Germany

1983

Governance Transfer by Regional Organizations: Patching Together a Global Script, edited by T. A. Börzel and V. van Hüllen (Basingstoke: Palgrave Mac…

2016

The 2015 Latvian Presidency of the Council of the European Union

2016

Developments in Central and East European Politics – Edited by S. White, J. Batt and P. Lewis

2008

International trade and migrant networks: Is It really about qualifications?

2014

Personal characteristics of migrants could help to strengthen the impact of migrant networks on bilateral trade. While most of the attention has been focused on immigrants' educational attainment, this paper focuses on the relevance of the tasks carried out by migrants. Our empirical results confirm that the existence of a large number of foreign-born workers with managerial duties is critical to explain the reduction of transaction costs caused by migrant networks.

The informational role of thin options markets: Empirical evidence from the Spanish case

2016

This study investigates the informational role of thin options markets, specifically the Spanish options market. Firstly, we examine the effect of options markets by analysing stock market reaction to earnings news, conditional on the availability of options markets. Secondly, we examine options trading activity before the release of earnings news (including the announcement period). The results show that the impact on prices before the earnings release is significantly bigger when options trading is available. Moreover, the dissemination of earnings news is associated with significant unusual activity in the options market due to informed trading, especially when the earnings surprise is h…

La mujer en los consejos de administración: evidencia para el mercado bursátil español

2019

Antecedentes: durante decadas se ha luchado por la incorporacion de la mujer al mercado laboral, lo que promueve la igualdad de genero. Sin embargo, una mayor presencia de la mujer en el mercado laboral no indica una plena igualdad, pues es evidente la existencia del conocido techo de cristal y de una brecha salarial. El articulo proporciona evidencia de estas dos caracteristicas en los consejos de administracion de las empresas del mercado continuo espanol. Metodologia: se estima un modelo de regresion multiple con observaciones por consejero, empresa y ano, controlando efectos fijos temporales de la empresa y del sector. En el estudio consideramos especificamente la presencia de diversida…

Heterogeneidad en el impacto de la política de becas en la escolaridad secundaria postobligatoria en España: un análisis por subgrupos poblacionales

2013

El presente trabajo analiza el impacto de las becas sobre la probabilidad de finalizar con éxito el nivel secundario postobligatorio en España en el caso de diferentes subgrupos poblacionales. Se aplica un diseño cuasiexperimental (Propensity score matching) a partir de la Encuesta de Condiciones de Vida (ECV-2006). Los resultados confirman la existencia de efectos diferenciales positivos (con relación al impacto medio) de la política educativa en el caso de las mujeres y de los alumnos provenientes de hogares desfavorecidos, demostrando la existencia de heterogeneidad en el impacto de la política analizada.