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Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Sachs, Andreas | en |
dc.date.accessioned | 2010-09-17 | - |
dc.date.accessioned | 2010-09-22T10:06:55Z | - |
dc.date.available | 2010-09-22T10:06:55Z | - |
dc.date.issued | 2010 | - |
dc.identifier.uri | http://hdl.handle.net/10419/40159 | - |
dc.description.abstract | Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however, have yet to establish an unequivocal significance of this impact. Model mis-specification, one of the main underlying problems, is overcome by adopting a Bayesian Model Averaging approach. I apply this method to a panel data set that covers 17 OECD countries for the time period from 1982 to 2005 and for up to 20 potential explanatory variables. 8 institutional indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by applying an instrumental variable estimation approach. | en |
dc.language.iso | eng | en |
dc.publisher | |aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheim | en |
dc.relation.ispartofseries | |aZEW Discussion Papers |x10-058 | en |
dc.subject.jel | C33 | en |
dc.subject.jel | E02 | en |
dc.subject.jel | E24 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | unemployment | en |
dc.subject.keyword | institutions | en |
dc.subject.keyword | labor and product markets | en |
dc.subject.keyword | model averaging | en |
dc.subject.stw | Arbeitslosigkeit | en |
dc.subject.stw | Arbeitsmarktflexibilisierung | en |
dc.subject.stw | Regulierung | en |
dc.subject.stw | Institutionalismus | en |
dc.subject.stw | Panel | en |
dc.subject.stw | Modell-Spezifikation | en |
dc.subject.stw | Bayes-Statistik | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | OECD-Staaten | en |
dc.title | A Bayesian approach to determine the impact of institutions on the unemployment rate | - |
dc.type | |aWorking Paper | en |
dc.identifier.ppn | 635312107 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:zewdip:10058 | en |
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