Too Far to Go? Does Distance Determine Study Choices?

Size: px
Start display at page:

Download "Too Far to Go? Does Distance Determine Study Choices?"

Transcription

1 DISCUSSION PAPER SERIES IZA DP No Too Far to Go? Does Distance Determine Study Choices? Stefan Denzler Stefan C. Wolter May 2011 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor

2 Too Far to Go? Does Distance Determine Study Choices? Stefan Denzler Swiss Coordination Centre for Research in Education (SKBF) and University of Lausanne Stefan C. Wolter Swiss Coordination Centre for Research in Education (SKBF), University of Bern, CESifo and IZA Discussion Paper No May 2011 IZA P.O. Box Bonn Germany Phone: Fax: Any opinions expressed here are those of the author(s) and not those of IZA. Research published in this series may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post Foundation. The center is associated with the University of Bonn and offers a stimulating research environment through its international network, workshops and conferences, data service, project support, research visits and doctoral program. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. IZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author.

3 IZA Discussion Paper No May 2011 ABSTRACT Too Far to Go? Does Distance Determine Study Choices? A number of studies have long shown that the probability of studying at university is influenced by the distance to the next university. This study shows for the first time that distance to university also influences the choice of subject/faculty and institution. Moreover, these findings are important because the distance effect in terms of these decisions is associated with significantly less risk of endogeneity than the effect in the analysis of the willingness and ambition to attend university. The results also show that distance does not influence study choices among students from the highest socioeconomic group, a finding that further indicates that distance to university is an expression of differences in the cost of a university education. JEL Classification: I21, I23, R10 Keywords: distance-to-university, subject choice, university choice, Switzerland Corresponding author: Stefan C. Wolter University of Bern Centre for Research in Economics of Education Schanzeneckstrasse 1 CH-3001 Bern Switzerland stefan.wolter@vwi.unibe.ch

4 #$ $) + # )+* #. )+# * #$ $ - )$ ).$ #$ $ **)$)$$*#+)) +# # $ #$ $) - 22#$ +$ +* #$ ); +;++$#$ );$*%<+ -$477= )+ * + #$ **+ $ # # $ # ) #$ 22#$ )+#+$ (* 22#$ +$ $*.#)+-5=>6 #$$,)+ *$ $ + )*,+ 2# + +$ $* $ +#**+ # #$ $ +#* *+ 8 $#$)*$+#*0* #$&0* 22#$ )*)+22#$+$$* ) 4 #$$ 5-0 / ) # + +$ * # ++? ++#$A)1! "#$ "%&'%( )& 4 )))$*22#$$ )#)*&) #$22#$+ ) #$ $ ) 5== # ) ++ )# # + ) $*)+*! / B%*477C 5

5 ).$) )$#$*$)#$#$ #*)+$)$0* )+, $ $ # # # )**++$ )+ 2# 22#$ $ - $ # *$+). ; D,* )+ + )0 $ 22 #$)+$1 #** $9)+$) $+#$)**2# ; #$ $ #* + *,) # + #$ $ - #* ++ +$ *)**$ +$#*0*,+ +++)$+$)+ $ ($ *. $ )0 + $ $ *$ ) 57E $* ++ ; $ #$ 6 +$ #** ; *;$ $ #.,+ * ) A )2+0* $) -#$. #. ) )+ $ #& # )# & # * #$ #$ ## + $ $ #)#+#**++ #$ $ -;*) + )# $* # &*#+#+#,+ 6 )+0)+$$,+ 2+$& +$ ** $ $ *$ # +)# 4

6 22#$ +$ * # * ) **+,# ++0 #)$ $F +*+$ - ++ # + # # )+ 0 )*)+**+G H ,+ +,#$ *$* )),*)+ #+0*$+6#$ $) B + )+ $ + I )+ J K,+,**+#$ $ # +$ +$ $* - + #*1 1,)+ $ +#* ))$))#?1)))$*)0 0 )* # ) ) ) #9 $ )$ ) $ % 1 # #) 0 + * # ) $ $#*#+0 1# ))+) ++$ D + $+ * $ $ 22#$ $ +* 6

7 -2+$ ) ) ++ # ) #$ +$ $ $ $ # #$8 #,+$ +$, #$ )#$) $+ 22#$ # $)$2)$ 22#$ $ # )*)+,## +!0$#*) ; $ #F &* $# 22#$ #* **+, #$ +$ )0* #$ / )+ ) $ *# +$ $* 477J () 477= * " - *) 22 #$$+$0+$)* * # ) 2 **+$ +)& + F + $ + ) #+)*)*+. ** * +! # *)$ # ( +#$ ) 2 + $+$++#+$)$ $ # #$- ) $ 477= / 4776 $ )#& #$ #$ * +#$ * )# $ +$ *( # #$ #$ +# )+ )*#**$ ( *$ ++ #* $ +$ +#+#$$+ #$ = # B

8 +$*#$ + # ) ) #$- ) +$ # ) $ **+$ ) #()+++$A477= #* ++ # * +$++$*+#* - *) $ ++$ $ $ +.)** ) $) #* 22#$ +.,) ) #$-.# +$$*+$22 #$ $. + -+$$*& -*$ ' -8 ' * ) # A )2+0* $ * * +. * ** ##(). $ -8 ' ;$ **+$+$*-8 '+ **+ 22#$ $ $# -$0+,)$" #$% 4777 * $ #$ ) * ) +$ $*. ()* * + +. )$ + +. # $ #++,)$;$. * 8 #. +$ $*. # #$ ) ++,)$#$ + $ 0 #$ # $#$+,+ $.$).. ++ $ $ + ) I

9 - $+ ) # + #** ##) 0)* )* #$ $ *#$ * +$ * * $ ) #$ $ ) 0* & )$ + #$ $ ++2$.)$ & )$ +#* * ++ )$+)*#$!!"# $ & #$)+,) ++2$#L*,)#$ +) L##$#+#$ ),+)A )+0* -;2#* $#$$.$ -*).$2 ##$ +) $ #$ & -*$ -8 ' %())2; +#$++ #$/ ;# #$ ++ # 0 +) # ) #/ =7E ;#*$ $+# B -*#)+ )* $#2##$ +)$)0+$47E *# ""#! 57 # % A - *#$ -8 )0 B -=7E ;# +* #$ IE )+ # $ A )2+0* J

10 ** $ ) # $ #$ - -8 L A )2+0* 2+0* I L # + *+ J --8'+ ++$.#,#$-8 0$+**++,)$-8 -) $ -8 F +, (#%* > %A A C #$)*))) )$5= $#*#$ + * ) ++ " #$ % )+ ) $ 4777 #$ *$ * $ -* $ ++,)#$ -*##$)$+++F $ ),)$ 0$ %& (*+$,;# #$ * #* 5I77 + $ )$)$)*+() #,+#**#* #* ) 0$ # * $ D D *#* +);)$#* I477C ##** -#*#* 5C77 #* + = # $ J -8'046+()0*"#477=8(@A8(& (@&@A *#*2#" > - "#$ %* &2+0* $ +$)A)2+0* C - ; # * $ #*#$A #* # *. ;##$A 5=E )+#* 5BE ; # 8 # $ * ++))#+ = -)*+0##47E )*2)+0" *))+0)).**)+ >

11 +$++,)$B7E #*,+$***+ 0 * 477I 2* ++ # )$10++#$+ +)/ 4757 #) #$ $ + * )2)*) )0 0 $* -2+$ * ++ #$ ) * *#$+##$) +$ #$ ++ ) +# +, ( $ 5IE $F +*$477I4I 57 - #$ * ) + $ $* #* #$ $+)++** #$ ) ** $ +**++,)$#$ ' ' " - )+ $ +# )+ 5B77; 2# A )2+0* $ 0 $,) * #$. + ( )$ ) #$ ) # #$ # * - )* $ $ )+) + ) #$ )) ( )* )+ * #$ )+* ##$)#L) #$++$(* #) -*#*. #$-8 );2#+ #$ $ 57 # -8 (* )+ )0*$+$ +++-+*,)+$) * *$)***) 57E '67E )AM3477C C

12 * )$ $+ #$ $ )+)#$)+$! 477= 8 $ # $ +* ) #$ -*+ +++,)$ 2 ; D )* ; # ++,)$C7E $$#$++ * #$ - ) * ' ; 0 + / 477J $ ) ; 2$ - #$ 0 + * **+# -)#),));$ #$ )* ) )+)+5B74# ' ( $ 0 + * +-#$+**)$* )# )*++F. $+ * * - 2$ F ).. + )) 1 ** )) ) ) * ).. ) ) #**#**()* * )) * ) +.#$9 * + +$ )+ $ / # +)$)+2 ) ) * $ ) GH G H )+ $ )#*+,+* CC/ 2+)# ))#$# ++-2+$ & + 7JJ 0$ ++*$),))+ =

13 '' - #* **+ +,)$ # $ #$ $)*)0++) +#$ 54 -) ) $ 0 ))-# )+* +#+)* D # ) # ) + ))$#)" #$%-# ))$#5##$ 7 #$ )- # + ))$ # #- + * ) ) - #%" 2) 0#5" #$%57 ) $ ;0 $ #$ - # %" 2* ) # 5 # #$ )57);0*" #$% ##))+#* '' ) - )+ $ * + ) $ $ +. + #$ + ) % #$ -8 *)* y i = β 0 + β 1 X i + β 2 P i + β 3 S i + β 3 M i + β 4 H i + ε i &;,#0*22#$))$ # + #$ ) - # )+* + ) 0* )+ # * * + # + *)+#)#+# )+ ) # + )*.#$ #) $) 56 (*))#$))*** )++$ ##)+-.)),) 57

14 - * ) + ) ) / 5 )+$*$-8 9)#* ) # ) -8 $ 2 )0*/ 4)+$*$-# * " #$ % + #$ * + *! D =66 ; # + #$ $ #*56E +*#)+$+# +#%)*$*++ # * $ * + ; # ) " #$ % )+$54E %5++, -8 '**+*0** *$ 2; 2A ) # + #$ - #* #* #$ )+ ++,)$ 9 #* #* + -8 I7 ) & #).$+$#$ ;0-8 * +&. / 0-4*#*$ -8 -*)# )2$,) + 57E #*) ) )+ +* $ -8 # ) $ #)))*+5 4 +$*)I -) 6*$)7* # ) * ) *+ $ ) 0* +)$ ) $ -8 ) #$ - ) ) *+ # ) )+, )+ # ) )+))+ 55

15 ). ) * *$ # +$# $ )) * * ; & #* ) # )) * ) 6 B * *$ ) * # ) $* -8 5B - $ + # * ) +$,++$$)+* -8 0$ +#$ * $- *-8 *2$+* ## $* (* ) 0* ), $ ) * * )) * ) +$ +$ ) )$ +#* 0* ++ $ ),)))*+. / + 1/ " 2 1/ 3 - % ) 6 ) $ # ) ) I J )0 **+ +,)$ " #$ % *$ +$ * $ 0 $ ) ; #)*)6 *$) 0$ $* ) ) ) *+ $ # I)5 L,$-8$+$L+ ) *+. * & ; # ) + ) *+ " #$%)0$+$(*# ) ) ) *+ *$$ 5B -#$#$*++* *# () 477= *$+)2$ *)$+#$22+2 # 54

16 - ) ) $ *# +*))*+$$* 5I &* )) * # # * * )) * - * +,)$ + #$ ) $ # #$ * * - )+ # $ ) )$ ) )$+#*)$# #*.#, - -++#*+,)$#$ #$+.-$) )+ #* ; $$#$. $* # )$ & )* $ #$ $#)# - )+ #$ *$ +$ $*. # $ #$ #$#$+$$* #$ +. +,)$ #$ * $ )*. 0 + $ ) *+ ) )$ +#* ). +$D + $ # * $ * #$ $* 0 $ ) + + # + #$ $ -+$)0))+1 #$*+++.* #$.- ) # +# $ #$ $) (# $ )+ 5I ($ * ) * A) +$ $* # +# 1. A ) $ 56

17 )0 $ + # #*++$2)). #?# $ )+ )+ )* # - * **0)+ ++ # ;$ +) $ ) )$ +#* 0* - ;$ +) ** $ # #;#$;#$*$L )+ -)+$+ #$ D +* # ) # *" 98,$477= +))# )*+$2*$+# -*)##*#$#)0$ * $ ) )* ) ))$# 5B

18 . + () 3! 3K 477= * )* 4 51" K4CJ >4C2>6C 477I %* 477I@*1) M0 477C ) 8 ) +O K*@*1)M0 5==6 " ***+#*+,)$) *@0*?+@BBC )* *1 +* ) + )+)4 KJ=I 554>255J7 3! / 4776 / F*) )+1#)*+*6 /74 K 55CB 5B=I25I64-477B (#P7-!4 K) CC=257 5J=>25>47! 477= * 1 8 *)4! 7K6=B B462BB5 / 477J - * P #$ ++ 4 K5B5 652IC / 477= #$P#) #4 51" K4C65C264C A (%! 477= H*)-++$ #*4 51" K4CJ472J4C 8,$ 477= - ** #$ () *@ %* / 477C * ;$ $ ) 4 51" K4>I ICC2J74 %<+ 477= * +,)$1)++* ++$ / KC44 54J25BJ /! )22* $ 4 5C ! 4757 )#$ A )$P4 51" 4=B>72B>= - K 5=>6 * +,)$ * 84 ( 57K57B 4>>24=6 5I

19 / &0! +1! 1! 9! * 1 * *: %" 2))$ =66 75=5 76=6 7 5 %" 2* = B %" 2) =66 75B> 76IB ))$ =66 74BI 7B ;+1! 1! 9! * 1 * *: Q" =66 7J>> 7>I= 7 I466 ) =66 7I75 7I (* =66 277IJ 7>IJ 244B= 5>I5 5 =66 76B4 7B>I =66 7BC7 7I =66 75>C 76C Q5 =66 74=6 7BII 7 5 +Q4 =66 767B 7BJ Q6 =66 744= 7B QB =66 75>B 76>= 7 5 );QB =66 74>B 7BBJ 7 5 =66 74BC 7=>6 24J6I 44B6 = ==B 24C4C 5C=> + =66 6IBI 6>JB 7 47 =66 7I7> 5JB= 7 5> :+ %" 2))$ K;5#*)" #$%;0 %" 2) K;5#*)" #$%57) ;0$#$ %" 2* K;5#*)" #$%)57 )*$#$ -8 2))$ K;5-8 +$* Q",#$)#*) ')#*)++ 5 %) 4 / 6 8 *)++?Q5 /.++$A $)) 1%**?Q4 /.++$A $)) 1/ )@?Q6 /.++$A $)) 1)%?QB /.++$A $)) 1/ (?**$?$*$ );QB ))$*;*)) $)#1& $)#1+ + %#$1+)+0 %#$1)+0 5J

20 &0 1&& 21& / * > 275B 274I 277> 75> 75B 757 R 776 R C 75J 77B 4 *$ 6 274C > 75I 77B (* 275I C S ) 27=5 27J7 275J 75> RR 756 RR 77B RR?Q5 74> 77> J?Q4 5BC 7BC 746 RR 77C RR?Q6 *$?QB 7I= 75C 74I R 77C R );QB 7I= 75C 757 RR 77B RR J 77J RR 774 RR J R 777 R J >B 276J 25J4 755 RR 75C R 74I RR 7=7 C== =66 =66 =66 #$?*)+*9* )+*+$ #*1S+T57R+T77IRR+T775 5>

21 &0 1&&#! 5 21& B I J / *B %" 2))$ 74J 74> 76= 7II I S 754 R 75C R 75> RR 77B R %" 2* 7IB 75> RR %" 2) 7II 75= RR J 75J 75J B 75B 75I 75I 75B *$ 6 7BJ 76I 76= 76= 76= 77> 744 R 75C S 75= R 75= R 75= R 77B (* 277I 277C = ) > R B 75B 75B 774?Q J 77J 77J ?Q4 27=I 27J7 27J7 27J7 277> 74= RR 76B S 76B S 76B S 776 R?Q6 *$?QB 27I5 276J 276I 276I 277B 74B R 74> 74> 74> 776 );QB 27II 27B4 27B4 27B4 277I 75C RR 75= R 75= R 75= R 774 R 274J 274I 274J 277B 77= RR 77= RR 77= RR 774 R 7B5 7B5 7B4 77J 77C RR 77C RR 77C RR 775 RR I 277I 277I B 77B 77B C 25B= 257C 254> 254J 254J 756 RR 75I RR 745 RR 74B RR 74B RR 74B RR 67B 6J6 B=6 576= 57B7 =66 =66 =66 =66 =66 =66 #$?*)+*9* )+*+$ #*1S+T57R+T77IRR+T775 5C

22 &'0 1&& 21&346#!& B = 274= 274= 274C 754 R 755 R 755 R 755 R I 75J 75I 75J 4 *$ 6 77= I 75J 75J 5R R C (* ) 27J7 27J7 27J7 27J7 756 RR 756 RR 756 RR 756 RR?Q5 74= 74C 74C 74= ?Q4 5I7 5BC 5BC 5BC 74I RR 746 RR 746 RR 746 RR?Q6 *$?QB 7IC 7I= 7I= 7I= 74J R 74I R 74J R 74J R );QB 7J7 7J4 7J4 7J6 757 RR 757 RR 757 RR 757 RR );QBR 77= C > 75I 4R);QBR 277B 74I 5R);QBR 277B 74I 6R);QBR 75J > RR 77J RR 77J RR 77J RR J 77J 77J 77J S 775 R 775 R 775 R J 77J 77J 77J 25JI 25JB 25JB 25JI 74J RR 74J RR 74I RR 74I RR B5> 565> =66 =66 =66 =66 #$?*)+*9* )+*+$ #*1S+T57R+T77IRR+T775 5=

23 &*0 1&&#! 5 21&343#!& 5 4 %" Q))$ 767 7>7 755 R 75= RR > 75J 75B 4 *$ 6 7B4 7B4 745 S 75= R 5R%" Q))$ 7>J 76> R 6R%" Q))$ 27B7 76I (* 277= 277= ) 74B I 75B?Q5 77I 77I ?Q4 27>7 27J7 765 R 76B S?Q6 *$?QB C 74I 74> );QB 27B7 274B 75= R 75= );QBR%" Q))$ 257J 7I4 R 274> 274> 757 RR 77= RR 7BB 7B4 77> RR 77C RR I 277I 77B 77B 254B RR 74B RR =IJ =66 =66 #$?*)+*9* )+*+$ #*1S+T57R+T77IRR+T775 47

How Changes in Unemployment Benefit Duration Affect the Inflow into Unemployment

How Changes in Unemployment Benefit Duration Affect the Inflow into Unemployment DISCUSSION PAPER SERIES IZA DP No. 4691 How Changes in Unemployment Benefit Duration Affect the Inflow into Unemployment Jan C. van Ours Sander Tuit January 2010 Forschungsinstitut zur Zukunft der Arbeit

More information

Crowdfunding, Cascades and Informed Investors

Crowdfunding, Cascades and Informed Investors DISCUSSION PAPER SERIES IZA DP No. 7994 Crowdfunding, Cascades and Informed Investors Simon C. Parker February 2014 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Crowdfunding,

More information

Does the Unemployment Invariance Hypothesis Hold for Canada?

Does the Unemployment Invariance Hypothesis Hold for Canada? DISCUSSION PAPER SERIES IZA DP No. 10178 Does the Unemployment Invariance Hypothesis Hold for Canada? Aysit Tansel Zeynel Abidin Ozdemir Emre Aksoy August 2016 Forschungsinstitut zur Zukunft der Arbeit

More information

Calvo Wages in a Search Unemployment Model

Calvo Wages in a Search Unemployment Model DISCUSSION PAPER SERIES IZA DP No. 2521 Calvo Wages in a Search Unemployment Model Vincent Bodart Olivier Pierrard Henri R. Sneessens December 2006 Forschungsinstitut zur Zukunft der Arbeit Institute for

More information

Key Elasticities in Job Search Theory: International Evidence

Key Elasticities in Job Search Theory: International Evidence DISCUSSION PAPER SERIES IZA DP No. 1314 Key Elasticities in Job Search Theory: International Evidence John T. Addison Mário Centeno Pedro Portugal September 2004 Forschungsinstitut zur Zukunft der Arbeit

More information

Loss Aversion and Intertemporal Choice: A Laboratory Investigation

Loss Aversion and Intertemporal Choice: A Laboratory Investigation DISCUSSION PAPER SERIES IZA DP No. 4854 Loss Aversion and Intertemporal Choice: A Laboratory Investigation Robert J. Oxoby William G. Morrison March 2010 Forschungsinstitut zur Zukunft der Arbeit Institute

More information

Pension Taxes versus Early Retirement Rights

Pension Taxes versus Early Retirement Rights DISCUSSION PAPER SERIES IZA DP No. 536 Pension Taxes versus Early Retirement Rights Mike Orszag Dennis Snower July 2002 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Pension

More information

Means Testing versus Basic Income: The (Lack of) Political Support for a Universal Allowance

Means Testing versus Basic Income: The (Lack of) Political Support for a Universal Allowance DISCUSSION PAPER SERIES IZA DP No. 9191 Means Testing versus Basic Income: The (Lack of) Political Support for a Universal Allowance Helmuth Cremer Kerstin Roeder July 2015 Forschungsinstitut zur Zukunft

More information

Inter-ethnic Marriage and Partner Satisfaction

Inter-ethnic Marriage and Partner Satisfaction DISCUSSION PAPER SERIES IZA DP No. 5308 Inter-ethnic Marriage and Partner Satisfaction Mathias Sinning Shane Worner November 2010 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor

More information

The Ins and Outs of European Unemployment

The Ins and Outs of European Unemployment DISCUSSION PAPER SERIES IZA DP No. 3315 The Ins and Outs of European Unemployment Barbara Petrongolo Christopher A. Pissarides January 2008 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study

More information

Distribution of Wealth and Interdependent Preferences

Distribution of Wealth and Interdependent Preferences DISCUSSION PAPER SERIES IZA DP No. 3684 Distribution of Wealth and Interdependent Preferences Andrew Grodner Thomas J. Kniesner September 008 Forschungsinstitut zur Zukunft der Arbeit Institute for the

More information

DISCUSSION PAPER SERIES

DISCUSSION PAPER SERIES DISCUSSION PAPER SERIES No. 5670 THE CONSUMPTION-TIGHTNESS PUZZLE Morten O. Ravn INTERNATIONAL MACROECONOMICS ABCD www.cepr.org Available online at: www.cepr.org/pubs/dps/dp5670.asp www.ssrn.com/xxx/xxx/xxx

More information

Susceptibility to Default Training Options Across the Population

Susceptibility to Default Training Options Across the Population DISCUSSION PAPER SERIES IZA DP No. 9180 Susceptibility to Default Training Options Across the Population Lex Borghans Bart H.H. Golsteyn July 2015 Forschungsinstitut zur Zukunft der Arbeit Institute for

More information

Making Work Pay: Increasing Labour Supply of Secondary Earners in Low Income Families with Children

Making Work Pay: Increasing Labour Supply of Secondary Earners in Low Income Families with Children DISCUSSION PAPER SERIES IZA DP No. 9531 Making Work Pay: Increasing Labour Supply of Secondary Earners in Low Income Families with Children Anna Kurowska Michal Myck Katharina Wrohlich November 2015 Forschungsinstitut

More information

Holdup in Oligopsonistic Labour Markets: A New Role for the Minimum Wage

Holdup in Oligopsonistic Labour Markets: A New Role for the Minimum Wage DISCUSSION PAPER SERIES IZA DP No. 2043 Holdup in Oligopsonistic Labour Markets: A New Role for the Minimum Wage Leo Kaas Paul Madden March 2006 Forschungsinstitut zur Zukunft der Arbeit Institute for

More information

The Effect of Unemployment Insurance on Unemployment Duration and the Subsequent Employment Stability

The Effect of Unemployment Insurance on Unemployment Duration and the Subsequent Employment Stability DISCUSSION PAPER SERIES IZA DP No. 1163 The Effect of Unemployment Insurance on Unemployment Duration and the Subsequent Employment Stability Konstantinos Tatsiramos May 2004 Forschungsinstitut zur Zukunft

More information

Leisure Time in Japan: How Much and for Whom?

Leisure Time in Japan: How Much and for Whom? University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln Economics Department Faculty Publications Economics Department 3-2006 Leisure Time in Japan: How Much and for Whom? Scott

More information

Gender, Time Use and Public Policy over the Life Cycle

Gender, Time Use and Public Policy over the Life Cycle DISCUSSION PAPER SERIES IZA DP No. 1855 Gender, Time Use and Public Policy over the Life Cycle Patricia Apps Ray Rees November 2005 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of

More information

Unemployment and Transitions in the Turkish Labor Market: Evidence from Individual Level Data

Unemployment and Transitions in the Turkish Labor Market: Evidence from Individual Level Data DISCUSSION PAPER SERIES IZA DP No. 1663 Unemployment and Transitions in the Turkish Labor Market: Evidence from Individual Level Data H. Mehmet Tasci Aysit Tansel July 2005 Forschungsinstitut zur Zukunft

More information

Marriage, Wealth, and Unemployment Duration: A Gender Asymmetry Puzzle

Marriage, Wealth, and Unemployment Duration: A Gender Asymmetry Puzzle DISCUSSION PAPER SERIES IZA DP No. 1607 Marriage, Wealth, and Unemployment Duration: A Gender Asymmetry Puzzle Rasmus Lentz Torben Tranæs May 2005 Forschungsinstitut zur Zukunft der Arbeit Institute for

More information

Benefit-Entitlement Effects and the Duration of Unemployment: An Ex-Ante Evaluation of Recent Labour Market Reforms in Germany

Benefit-Entitlement Effects and the Duration of Unemployment: An Ex-Ante Evaluation of Recent Labour Market Reforms in Germany DISCUSSION PAPER SERIES IZA DP No. 2681 Benefit-Entitlement Effects and the Duration of Unemployment: An Ex-Ante Evaluation of Recent Labour Market Reforms in Germany Hendrik Schmitz Viktor Steiner March

More information

A Database on the Passage and Enactment of Recent State Minimum Wage Increases

A Database on the Passage and Enactment of Recent State Minimum Wage Increases DISCUSSION PAPER SERIES IZA DP No. 11748 A Database on the Passage and Enactment of Recent State Minimum Wage Increases Jeffrey Clemens Duncan Hobbs Michael R. Strain AUGUST 2018 DISCUSSION PAPER SERIES

More information

tj;:m~ cec::: inženiring,d.o.o. 1 Project Sea/:

tj;:m~ cec::: inženiring,d.o.o. 1 Project Sea/: !""# Responsible Client Task Force Zoran Rubinjoni BSc Transport Eng, Executive Project Director Milan Kozlovic, BSc CE, Project Director Vladimir Depolo DSc Transport Eng, Project Director Tatjana Popovic,

More information

Universal Properties of Financial Markets as a Consequence of Traders Behavior: an Analytical Solution

Universal Properties of Financial Markets as a Consequence of Traders Behavior: an Analytical Solution Universal Properties of Financial Markets as a Consequence of Traders Behavior: an Analytical Solution Simone Alfarano, Friedrich Wagner, and Thomas Lux Institut für Volkswirtschaftslehre der Christian

More information

High Compensation Creates a Ratchet Effect

High Compensation Creates a Ratchet Effect DISCUSSION PAPER SERIES IZA DP No. 114 High Compensation Creates a Ratchet Effect Hans Gersbach Amihai Glazer May 004 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor High Compensation

More information

How Changes in Benefits Entitlement Affect Job-Finding: Lessons from the Slovenian "Experiment"

How Changes in Benefits Entitlement Affect Job-Finding: Lessons from the Slovenian Experiment DISCUSSION PAPER SERIES IZA DP No. 1181 How Changes in Benefits Entitlement Affect Job-Finding: Lessons from the Slovenian "Experiment" Jan C. van Ours Milan Vodopivec June 24 Forschungsinstitut zur Zukunft

More information

Household Labor Supply and Welfare Participation in Sweden

Household Labor Supply and Welfare Participation in Sweden DISCUSSION PAPER SERIES IZA DP No. 769 Household Labor Supply and Welfare Participation in Sweden Lennart Flood Jörgen Hansen Roger Wahlberg April 2003 Forschungsinstitut zur Zukunft der Arbeit Institute

More information

Worker Characteristics, Job Characteristics, and Opportunities for Phased Retirement

Worker Characteristics, Job Characteristics, and Opportunities for Phased Retirement DISCUSSION PAPER SERIES IZA DP No. 2564 Worker Characteristics, Job Characteristics, and Opportunities for Phased Retirement Robert Hutchens January 2007 Forschungsinstitut zur Zukunft der Arbeit Institute

More information

Recognition of cross-border insolvency measures for banks - the Swiss solution

Recognition of cross-border insolvency measures for banks - the Swiss solution Recognition of cross-border insolvency measures for banks - the Swiss solution Can the Swiss legislation be a model for a multilateral approach? Dr. Reto Schiltknecht, Swiss Financial Market Supervisory

More information

Aghion, Philippe; Askenazy, Philippe; Bourlès, Renaud; Cette, Gilbert; Dromel, Nicolas. Working Paper Education, market rigidities and growth

Aghion, Philippe; Askenazy, Philippe; Bourlès, Renaud; Cette, Gilbert; Dromel, Nicolas. Working Paper Education, market rigidities and growth econstor www.econstor.eu Der Open-Access-Publikationsserver der ZBW Leibniz-Informationszentrum Wirtschaft The Open Access Publication Server of the ZBW Leibniz Information Centre for Economics Aghion,

More information

Analyzing Female Labor Supply: Evidence from a Dutch Tax Reform

Analyzing Female Labor Supply: Evidence from a Dutch Tax Reform DISCUSSION PAPER SERIES IZA DP No. 4238 Analyzing Female Labor Supply: Evidence from a Dutch Tax Reform Nicole Bosch Bas van der Klaauw June 2009 Forschungsinstitut zur Zukunft der Arbeit Institute for

More information

Usage of Financial Services in South Africa: Perceptions Matter

Usage of Financial Services in South Africa: Perceptions Matter DISCUSSION PAPER SERIES IZA DP No. 7687 Usage of Financial Services in South Africa: Perceptions Matter Philip Kostov Thankom Arun Samuel Annim October 2013 Forschungsinstitut zur Zukunft der Arbeit Institute

More information

Recent developments in payment systems. Christian Dembiermont* 1 Bank for International Settlements, Basel, Switzerland

Recent developments in payment systems. Christian Dembiermont* 1 Bank for International Settlements, Basel, Switzerland Recent developments in payment systems Christian Dembiermont* 1 Bank for International Settlements, Basel, Switzerland Christian.Dembiermont@bis.org Abstract Payment, clearing and settlement systems are

More information

The Evolution of Income-Related Health Inequalities in Switzerland over Time

The Evolution of Income-Related Health Inequalities in Switzerland over Time DISCUSSION PAPER SERIES IZA DP No. 1346 The Evolution of Income-Related Health Inequalities in Switzerland over Time Robert E. Leu Martin Schellhorn October 2004 Forschungsinstitut zur Zukunft der Arbeit

More information

Incapacity Benefits and Employment Policy

Incapacity Benefits and Employment Policy DISCUSSION PAPER SERIES IZA DP No. 529 Incapacity Benefits and Employment Policy J. Michael Orszag Dennis Snower July 2002 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Incapacity

More information

The Earnings and Employment Losses Before Entering the Disability System

The Earnings and Employment Losses Before Entering the Disability System DISCUSSION PAPER SERIES IZA DP No. 8913 The Earnings and Employment Losses Before Entering the Disability System María Cervini-Plá Judit Vall Castelló March 2015 Forschungsinstitut zur Zukunft der Arbeit

More information

Employment Protection Reforms, Employment and the Incidence of Temporary Jobs in Europe:

Employment Protection Reforms, Employment and the Incidence of Temporary Jobs in Europe: DISCUSSION PAPER SERIES IZA DP No. 3241 Protection Reforms, and the Incidence of Temporary Jobs in Europe: 1995 2001 Lawrence M. Kahn December 2007 Forschungsinstitut zur Zukunft der Arbeit Institute for

More information

Interim results of the Swiss National Bank as at 31 March 2018

Interim results of the Swiss National Bank as at 31 March 2018 Communications P.O. Box, CH-8022 Zurich Telephone +41 58 631 00 00 communications@snb.ch Zurich, 26 April 2018 Interim results of the Swiss National Bank as at 31 March 2018 The Swiss National Bank (SNB)

More information

Distance to the Efficiency Frontier and FDI Spillovers

Distance to the Efficiency Frontier and FDI Spillovers DISCUSSION PAPER SERIES IZA DP No 1332 Distance to the Efficiency Frontier and FDI Spillovers Klara Sabirianova Peter Jan Svejnar Katherine Terrell October 2004 Forschungsinstitut zur Zukunft der Arbeit

More information

Interim results of the Swiss National Bank as at 30 September 2017

Interim results of the Swiss National Bank as at 30 September 2017 Communications P.O. Box, CH-8022 Zurich Telephone +41 58 631 00 00 communications@snb.ch Zurich, 31 October 2017 Interim results of the Swiss National Bank as at 30 September 2017 The Swiss National Bank

More information

Pathways to Early Retirement in Denmark,

Pathways to Early Retirement in Denmark, DISCUSSION PAPER SERIES IZA DP No. 1575 Pathways to Early Retirement in Denmark, 1984-2000 Mona Larsen Peder J. Pedersen April 2005 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of

More information

Interim results of the Swiss National Bank as at 30 June 2018

Interim results of the Swiss National Bank as at 30 June 2018 Communications P.O. Box, CH-8022 Zurich Telephone +41 58 631 00 00 communications@snb.ch Zurich, 31 July 2018 Interim results of the Swiss National Bank as at 30 June 2018 The Swiss National Bank (SNB)

More information

On the Adverse Selection of Organizations

On the Adverse Selection of Organizations DISCUSSION PAPER SERIES IZA DP No. 2396 On the Adverse Selection of Organizations Matthias Kräkel October 2006 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor On the Adverse

More information

Regional development of employed persons receiving Unemployment Benefit II in Germany. An analysis of convergence across federal states

Regional development of employed persons receiving Unemployment Benefit II in Germany. An analysis of convergence across federal states Economics and Business Letters 2(4), 182-189, 2013 Regional development of employed persons receiving Unemployment Benefit II in Germany. An analysis of convergence across federal states André Pahnke Stefan

More information

Does the Effect of Incentive Payments on Survey Response Rates Differ by Income Support History?

Does the Effect of Incentive Payments on Survey Response Rates Differ by Income Support History? DISCUSSION PAPER SERIES IZA DP No. 3473 Does the Effect of Incentive Payments on Survey Response Rates Differ by Income Support History? Juan D. Barón Robert V. Breunig Deborah Cobb-Clark Tue Gørgens Anastasia

More information

A Transferrable E-cash Payment System. Abstract

A Transferrable E-cash Payment System. Abstract Fuw-Yi Yang 1, Su-Hui Chiu 2 and Chih-Wei Hsu 3 Department of Computer Science and Information Engineering, Chaoyang University of Technology, Taiwan 1,3 Office of Accounting, Chaoyang University of Technology,

More information

Is Bigger Still Better? The Decline of the Wage Premium at Large Firms

Is Bigger Still Better? The Decline of the Wage Premium at Large Firms DISCUSSION PAPER SERIES IZA DP No. 4082 Is Bigger Still Better? The Decline of the Wage Premium at Large Firms William E. Even David A. Macpherson March 2009 Forschungsinstitut zur Zukunft der Arbeit Institute

More information

How Do Different Entitlements to Unemployment Benefits Affect the Transitions from Unemployment into Employment?

How Do Different Entitlements to Unemployment Benefits Affect the Transitions from Unemployment into Employment? DISCUSSION PAPER SERIES IZA DP No. 3016 How Do Different Entitlements to Unemployment Benefits Affect the Transitions from Unemployment into Employment? John T. Addison Pedro Portugal August 2007 Forschungsinstitut

More information

Peer Groups, Employment Status and Mental Well-being among Older Adults in Ireland

Peer Groups, Employment Status and Mental Well-being among Older Adults in Ireland DISCUSSION PAPER SERIES IZA DP No. 7586 Peer Groups, Employment Status and Mental Well-being among Older Adults in Ireland Eibhlin Hudson Alan Barrett August 2013 Forschungsinstitut zur Zukunft der Arbeit

More information

Tax Benefit Linkages in Pension Systems (a note) Monika Bütler DEEP Université de Lausanne, CentER Tilburg University & CEPR Λ July 27, 2000 Abstract

Tax Benefit Linkages in Pension Systems (a note) Monika Bütler DEEP Université de Lausanne, CentER Tilburg University & CEPR Λ July 27, 2000 Abstract Tax Benefit Linkages in Pension Systems (a note) Monika Bütler DEEP Université de Lausanne, CentER Tilburg University & CEPR Λ July 27, 2000 Abstract This note shows that a public pension system with a

More information

Perspectives on the Early Retirement Decisions of Farming Couples

Perspectives on the Early Retirement Decisions of Farming Couples DISCUSSION PAPER SERIES IZA DP No. 1342 Perspectives on the Early Retirement Decisions of Farming Couples Minna Väre Almas Heshmati October 2004 Forschungsinstitut zur Zukunft der Arbeit Institute for

More information

Hidden Skewness. IZA DP No Ludwig Ensthaler Olga Nottmeyer Georg Weizsäcker. August 2010 D I S C U S S I O N P A P E R S E R I E S

Hidden Skewness. IZA DP No Ludwig Ensthaler Olga Nottmeyer Georg Weizsäcker. August 2010 D I S C U S S I O N P A P E R S E R I E S D I S C U S S I O N P A P E R S E R I E S IZA DP No. 5109 Hidden Skewness Ludwig Ensthaler Olga Nottmeyer Georg Weizsäcker August 2010 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study

More information

Annex 1 EUROFRAME-EFN Autumn 2007 Report. Introduction of minimum wages in Germany: Coverage and consequences

Annex 1 EUROFRAME-EFN Autumn 2007 Report. Introduction of minimum wages in Germany: Coverage and consequences Annex 1 EUROFRAME-EFN Autumn 2007 Report Introduction of minimum wages in Germany: Coverage and consequences Microeconomic evidence based on the SOEP Karl Brenke, Christian Dreger, DIW Berlin Key words:

More information

Effective Active Labor Market Policies

Effective Active Labor Market Policies DISCUSSION PAPER SERIES IZA DP No 1335 Effective Active Labor Market Policies Jan Boone Jan C van Ours October 2004 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Effective

More information

The Effects of Tax Salience and Tax Experience on Individual Work Efforts in a Framed Field Experiment

The Effects of Tax Salience and Tax Experience on Individual Work Efforts in a Framed Field Experiment D I S C U S S I O N P A P E R S E R I E S IZA DP No. 6049 The Effects of Tax Salience and Tax Experience on Individual Work Efforts in a Framed Field Experiment Martin Fochmann Joachim Weimann October

More information

The Evolution of Rotation Group Bias: Will the Real Unemployment Rate Please Stand Up?

The Evolution of Rotation Group Bias: Will the Real Unemployment Rate Please Stand Up? DISCUSSION PAPER SERIES IZA DP No. 8512 The Evolution of Rotation Group Bias: Will the Real Unemployment Rate Please Stand Up? Alan Krueger Alexandre Mas Xiaotong Niu September 2014 Forschungsinstitut

More information

Public Cash Flow Statements

Public Cash Flow Statements Public Cash Flow Statements 2014-2015 NACUBO Intermediate Accounting Learning Objectives Identify the GAAP guidance for the preparation of the cash flow statement List the components of the statement Describe

More information

THE IMPLICATIONS OF SINGLE EURO PAYMENTS AREA (SEPA) ON BANKING EFFICIENCY

THE IMPLICATIONS OF SINGLE EURO PAYMENTS AREA (SEPA) ON BANKING EFFICIENCY CES Working Papers Volume VI, Issue 3 THE IMPLICATIONS OF SINGLE EURO PAYMENTS AREA (SEPA) ON BANKING EFFICIENCY Mihaita-Cosmin POPOVICI * Abstract: With the creation of the euro by the Maastricht Treaty

More information

The Effect of Tip Credits on Earnings and Employment in the U.S. Restaurant Industry

The Effect of Tip Credits on Earnings and Employment in the U.S. Restaurant Industry DISCUSSION PAPER SERIES IZA DP No. 7092 The Effect of Tip Credits on Earnings and Employment in the U.S. Restaurant Industry William E. Even David A. Macpherson December 2012 Forschungsinstitut zur Zukunft

More information

On the Political Substitutability between Tariffs and Subsidies a

On the Political Substitutability between Tariffs and Subsidies a On the Political Substitutability between Tariffs and Subsidies a Daniel Brou b and Michele Ruta c JEL-Classification: F13, D7, F55, H5 Keywords: tariffs, subsidies, lobbying, trade agreements 1. Introduction

More information

Specialization in Bank Lending: Evidence from Exporting Firms

Specialization in Bank Lending: Evidence from Exporting Firms Specialization in Bank Lending: Evidence from Exporting Firms Daniel Paravisini (LSE), Veronica Rappoport (LSE), and Philipp Schnabl (NYU) November 2016 Conventional Wisdom in (Academic) Banking Do banks

More information

WIPO/IP/DIPL/CAI/04/5 : !"# $ %" & '$ ()$ * + C:\WINNT\apsdoc\nettemp\652\$ASQwipo_ip_dipl_cai_04_5.doc (NA)

WIPO/IP/DIPL/CAI/04/5 : !# $ % & '$ ()$ * + C:\WINNT\apsdoc\nettemp\652\$ASQwipo_ip_dipl_cai_04_5.doc (NA) : // : A! () *++, /! $( &' $% " #!"# $ %" & '$ ()$ * + C:\WINNT\apsdoc\nettemp\652\$ASQwipo_ip_dipl_cai_04_5.doc (NA) - 2 - : ') 2-..!"/ $ + ' ' ) 0 &1 ' &. 34 4 5$ ) 6 6 6%0!"/ $ + & ' 7-8 9:$

More information

Shattered Dreams: The Effects of Changing the Pension System Late in the Game

Shattered Dreams: The Effects of Changing the Pension System Late in the Game DISCUSSION PAPER SERIES IZA DP No. 4034 Shattered Dreams: The Effects of Changing the Pension System Late in the Game Andries de Grip Maarten Lindeboom Raymond Montizaan February 2009 Forschungsinstitut

More information

Procedia - Social and Behavioral Sciences 156 ( 2014 ) Ingars Erins a *, Laura Vitola b. Riga Technical University, Latvia

Procedia - Social and Behavioral Sciences 156 ( 2014 ) Ingars Erins a *, Laura Vitola b. Riga Technical University, Latvia Available online at www.sciencedirect.com ScienceDirect Procedia - Social and Behavioral Sciences 156 ( 2014 ) 334 339 19th International Scientific Conference; Economics and Management 2014, ICEM 2014,

More information

In-Work Benefits and the Nordic Model

In-Work Benefits and the Nordic Model DISCUSSION PAPER SERIES IZA DP No. 7084 In-Work Benefits and the Nordic Model Ann-Sofie Kolm Mirco Tonin December 2012 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor In-Work

More information

The Causal Effect of Retirement on Mortality: Evidence from Targeted Incentives to Retire Early

The Causal Effect of Retirement on Mortality: Evidence from Targeted Incentives to Retire Early DISCUSSION PAPER SERIES IZA DP No. 7570 The Causal Effect of Retirement on Mortality: Evidence from Targeted Incentives to Retire Early Hans Bloemen Stefan Hochguertel Jochem Zweerink August 2013 Forschungsinstitut

More information

In the Senate of the United States,

In the Senate of the United States, In the Senate of the United States, December 0 (legislative day, December 1), 01. Resolved, That the report of the Committee of Conference on the disagreeing votes of the two Houses on the amendment of

More information

Income and Employment Effects of Health Shocks - A Test Case for the German Welfare State

Income and Employment Effects of Health Shocks - A Test Case for the German Welfare State DISCUSSION PAPER SERIES IZA DP No. 10 Income and Employment Effects of Health Shocks - A Test Case for the German Welfare State Regina T. Riphahn June 1998 Forschungsinstitut zur Zukunft der Arbeit Institute

More information

Dynamic Evaluation of Job Search Assistance

Dynamic Evaluation of Job Search Assistance DISCUSSION PAPER SERIES IZA DP No. 5424 Dynamic Evaluation of Job Search Assistance Stephen Kastoryano Bas van der Klaauw January 2011 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study

More information

WORLD INTELLECTUAL PROPERTY ORGANIZATION GENEVA WIPO COORDINATION COMMITTEE. Thirty-Eighth Session (11th Extraordinary) Geneva, March 20 and 21, 1997

WORLD INTELLECTUAL PROPERTY ORGANIZATION GENEVA WIPO COORDINATION COMMITTEE. Thirty-Eighth Session (11th Extraordinary) Geneva, March 20 and 21, 1997 WIPO WO/CC/XXXVIII/1 ORIGINAL: English DATE: January 20, 1997 WORLD INTELLECTUAL PROPERTY ORGANIZATION GENEVA WIPO COORDINATION COMMITTEE Thirty-Eighth Session (11th Extraordinary) Geneva, March 20 and

More information

econstor Make Your Publications Visible.

econstor Make Your Publications Visible. econstor Make Your Publications Visible. A Service of Wirtschaft Centre zbwleibniz-informationszentrum Economics Burkhauser, Richard V. Working Paper Why minimum wage increases are a poor way to help the

More information

$396,605,328 Freddie Mac. Multiclass Certificates, Series 4066

$396,605,328 Freddie Mac. Multiclass Certificates, Series 4066 Offering Circular Supplement (To Offering Circular Dated June 1, 2010) $396,605,328 Freddie Mac Multiclass Certificates, Series 4066 Offered Classes: REMIC Classes shown below and MACR Classes shown on

More information

The Effect of the Internet on Economic Growth: Evidence from Cross-Country Panel Data

The Effect of the Internet on Economic Growth: Evidence from Cross-Country Panel Data Running head: The Effect of the Internet on Economic Growth The Effect of the Internet on Economic Growth: Evidence from Cross-Country Panel Data Changkyu Choi, Myung Hoon Yi Department of Economics, Myongji

More information

Online Appendices Practical Procedures to Deal with Common Support Problems in Matching Estimation

Online Appendices Practical Procedures to Deal with Common Support Problems in Matching Estimation Online Appendices Practical Procedures to Deal with Common Support Problems in Matching Estimation Michael Lechner Anthony Strittmatter April 30, 2014 Abstract This paper assesses the performance of common

More information

DISCUSSION PAPER SERIES

DISCUSSION PAPER SERIES DISCUSSION PAPER SERIES DP12490 THE BEHAVIOR OF THE MONEY MULTIPLIER DURING AND AFTER THE SUBPRIME CRISIS: IMPLICATIONS FOR THE TRANSMISSION MECHANISM OF MONETARY POLICY Alex Cukierman INTERNATIONAL MACROECONOMICS

More information

Minimum Wages, the Earned Income Tax Credit, and Employment: Evidence from the Post-Welfare Reform Era

Minimum Wages, the Earned Income Tax Credit, and Employment: Evidence from the Post-Welfare Reform Era DISCUSSION PAPER SERIES IZA DP No. 2610 Minimum Wages, the Earned Income Tax Credit, and Employment: Evidence from the Post-Welfare Reform Era David Neumark William Wascher February 2007 Forschungsinstitut

More information

Arcidiacono, Peter; Hotz, V. Joseph; Maurel, Arnaud; Romano, Teresa

Arcidiacono, Peter; Hotz, V. Joseph; Maurel, Arnaud; Romano, Teresa econstor www.econstor.eu Der Open-Access-Publikationsserver der ZBW Leibniz-Informationszentrum Wirtschaft The Open Access Publication Server of the ZBW Leibniz Information Centre for Economics Arcidiacono,

More information

A Gender Perspective on Self-Employment Entry and Performance as Self-Employed

A Gender Perspective on Self-Employment Entry and Performance as Self-Employed DISCUSSION PAPER SERIES IZA DP No. 3581 A Gender Perspective on Self-Employment Entry and Performance as Self-Employed Pernilla Andersson Joona Eskil Wadensjö July 2008 Forschungsinstitut zur Zukunft der

More information

NOVA SCOTIA MUNICIPAL FINANCE CORPORATION

NOVA SCOTIA MUNICIPAL FINANCE CORPORATION Financial Statements of NOVA SCOTIA MUNICIPAL FINANCE CORPORATION INDEPENDENT AUDITORS' REPORT To the Directors of Nova Scotia Municipal Finance Corporation We have audited the accompanying financial statements

More information

The Role of Short-Time Work Schemes during the Global Financial Crisis and Early Recovery: A Cross-Country Analysis

The Role of Short-Time Work Schemes during the Global Financial Crisis and Early Recovery: A Cross-Country Analysis DISCUSSION PAPER SERIES IZA DP No. 7291 The Role of Short-Time Work Schemes during the Global Financial Crisis and Early Recovery: A Cross-Country Analysis Alexander Hijzen Sebastien Martin March 213 Forschungsinstitut

More information

Oil Prices and the Exchange Rate: Optimal Monetary Policy for Oil Exporting Countries. By Ragnar Torvik. Day 1 Paper SC1

Oil Prices and the Exchange Rate: Optimal Monetary Policy for Oil Exporting Countries. By Ragnar Torvik. Day 1 Paper SC1 1 Draft Strictly Not for Quotation Oil Prices and the Exchange Rate: Optimal Monetary Policy for Oil Exporting Countries By Ragnar Torvik Day 1 Paper SC1 Presented at REPO s 23 rd nnual Research Workshop

More information

Relative Cohort Size, Relative Income, and Women s Labor Force Participation

Relative Cohort Size, Relative Income, and Women s Labor Force Participation D I S C U S S I O N P A P E R S E R I E S IZA DP No. 5913 Relative Cohort Size, Relative Income, and Women s Labor Force Participation 1968-2010 Diane J. Macunovich August 2011 Forschungsinstitut zur Zukunft

More information

Maximum Fee vs. Child Benefit: A Welfare Analysis of Swedish Child-Care Fee Reform

Maximum Fee vs. Child Benefit: A Welfare Analysis of Swedish Child-Care Fee Reform DISCUSSION PAPER SERIES IZA DP No. 2748 Maximum Fee vs. Child Benefit: A Welfare Analysis of Swedish Child-Care Fee Reform Anna Brink Katarina Nordblom Roger Wahlberg April 2007 Forschungsinstitut zur

More information

The Compensating Income Variation of Social Capital

The Compensating Income Variation of Social Capital DISCUSSION PAPER SERIES IZA DP No. 2529 The Compensating Income Variation of Social Capital Wim Groot Henriette Maassen van den Brink Bernard van Praag December 2006 Forschungsinstitut zur Zukunft der

More information

Taxing Pensions. IZA DP No Helmuth Cremer Pierre Pestieau. March 2016 DISCUSSION PAPER SERIES

Taxing Pensions. IZA DP No Helmuth Cremer Pierre Pestieau. March 2016 DISCUSSION PAPER SERIES DISCUSSION PAPER SERIES IZA DP No. 9821 Taxing Pensions Helmuth Cremer Pierre Pestieau March 2016 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Taxing Pensions Helmuth Cremer

More information

INTOSAI-Donor Cooperation: Semi-Annual Progress Report

INTOSAI-Donor Cooperation: Semi-Annual Progress Report INTOSAI-Donor Cooperation: Semi-Annual Progress Report September 2016, for the period January-June 2016 1. Introduction The 2016-2018 Program Document for the INTOSAI-Donor Cooperation foresees periodic

More information

Unemployment Traps: Do Financial Dis-incentives Matter?

Unemployment Traps: Do Financial Dis-incentives Matter? DISCUSSION PAPER SERIES IZA DP No. 274 Unemployment Traps: Do Financial Dis-incentives Matter? Peder J. Pedersen Nina Smith March 2001 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study

More information

Long-Run Effects of Public Sector Sponsored Training in West Germany

Long-Run Effects of Public Sector Sponsored Training in West Germany DISCUSSION PAPER SERIES IZA DP No. 1443 Long-Run Effects of Public Sector Sponsored Training in West Germany Michael Lechner Ruth Miquel Conny Wunsch December 2004 Forschungsinstitut zur Zukunft der Arbeit

More information

Enhancements to the BIS International Banking Statistics

Enhancements to the BIS International Banking Statistics Twenty-Seventh Meeting of the IMF Committee on Balance of Payments Statistics Washington, D.C. October 27 29, 2014 BOPCOM 14/25 Enhancements to the BIS International Banking Statistics Prepared by the

More information

English is not an official language of Switzerland. This translation is provided for information purposes only and has no legal force.

English is not an official language of Switzerland. This translation is provided for information purposes only and has no legal force. www.snsf.ch Wildhainweg, P.O. Box, CH-00 Berne Committee of the Foundation Council English is not an official language of Switzerland. This translation is provided for information purposes only and has

More information

Switzerland: LISTING OF DERIVATIVES

Switzerland: LISTING OF DERIVATIVES Switzerland: LISTING OF DERIVATIVES in the world s third largest market by Dr. Daniela Koenig, Dr. Christoph Heiz and Dr. Alexander Vogel, Meyer Lustenberger Attorneys-at-law The listing of warrants, certificates

More information

Demographic Alternatives for Aging Industrial Countries: Increased Total Fertility Rate, Labor Force Participation, or Immigration

Demographic Alternatives for Aging Industrial Countries: Increased Total Fertility Rate, Labor Force Participation, or Immigration DISCUSSION PAPER SERIES IZA DP No. 1885 Demographic Alternatives for Aging Industrial Countries: Increased Total Fertility Rate, Labor Force Participation, or Immigration Robert Holzmann December 2005

More information

Basel Committee on Banking Supervision. Progress report on Basel III implementation

Basel Committee on Banking Supervision. Progress report on Basel III implementation Basel Committee on Banking Supervision Progress report on Basel III implementation April 2012 Copies of publications are available from: Bank for International Settlements Communications CH-4002 Basel,

More information

Coordinated Direct Investment Survey (CDIS)

Coordinated Direct Investment Survey (CDIS) IMF Statistics Department 10/16/2012 Coordinated Direct Investment Survey (CDIS) Emma Angulo Balance of Payments Division Statistics Department The views expressed herein are those of the author and should

More information

Ansgar Belke and Daniel Gros #62. Ruhr Economic Papers

Ansgar Belke and Daniel Gros #62. Ruhr Economic Papers Ansgar Belke and Daniel Gros #62 Ruhr Economic Papers UNIVERSITÄT D U I S B U R G E S S E N Ruhr Economic Papers Published by Ruhr-Universität Bochum (RUB), Department of Economics Universitätsstraße 150,

More information

econstor Make Your Publications Visible.

econstor Make Your Publications Visible. econstor Make Your Publications Visible. A Service of Wirtschaft Centre zbwleibniz-informationszentrum Economics Lalive, Rafael; Parrotta, Pierpaolo Working Paper How Does Pension Eligibility Affect Labor

More information

The Public Perception and Normative Valuation of Executive Compensation: An International Comparison

The Public Perception and Normative Valuation of Executive Compensation: An International Comparison DISCUSSION PAPER SERIES IZA DP No. 5319 The Public Perception and Normative Valuation of Executive Compensation: An International Comparison Andreas Kuhn November 2010 Forschungsinstitut zur Zukunft der

More information

Dr. iur. Christoph Brunner. Liability of Publicly Held Corporations for a Violation of a Duty to Disclose, in Particular the «Ad Hoc Publicity»

Dr. iur. Christoph Brunner. Liability of Publicly Held Corporations for a Violation of a Duty to Disclose, in Particular the «Ad Hoc Publicity» Dr. iur. Christoph Brunner Liability of Publicly Held Corporations for a Violation of a Duty to Disclose, in Particular the «Ad Hoc Publicity» Comparative Study of the Relative Law in the United States

More information

AFFIDAVIT OF SERVICE. 1. I am a Senior Project Manager with GCG, Inc., the claims and noticing agent for the

AFFIDAVIT OF SERVICE. 1. I am a Senior Project Manager with GCG, Inc., the claims and noticing agent for the Pg 1 of 18 UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - x : IN RE: : : ARCAPITA BANK B.S.C.(c), et al., : : Debtors.

More information

How a Mandatory Activation Program Reduces Unemployment Durations: The Effects of Distance

How a Mandatory Activation Program Reduces Unemployment Durations: The Effects of Distance DISCUSSION PAPER SERIES IZA DP No. 4079 How a Mandatory Activation Program Reduces Unemployment Durations: The Effects of Distance Brian Krogh Graversen Jan C. van Ours March 2009 Forschungsinstitut zur

More information