July 2017 IZA DP No. 10905 Behavioral Responses and Welfare Reform: Evidence from a Randomized Experiment* Recent studies have used a distributional analysis of welfare reform experiments suggesting that some individuals reduce hours in order to opt into welfare, an example of behavioralinduced participation. Using data on Connecticut’s Jobs First experiment, we find no evidence of behavioral-i...

Ethnic Networks and Employment Outcomes We analyse the effect of strong and weak ties on the individual probability of finding a job. Using the dynamic model of Calvó-Armengol and Jackson (2004), two results are put forward: (i) the individual probability of finding a job is increasing in the number of strong and weak ties; (ii) the longer the length of ties, the lower is this effect. We approx...

This paper examines the relationship between various types of corn research and development (R&D) and corn prices in the United States through a fixed effects panel data model. This research explores R&D investment from both nonprofit and for-profit institutions and the effect these have corn prices. In addition, we look at the effect that corresponding exogenous changes in corn prices have on ...

Recently, considerable emphasis has been placed on the problems arising out of cross-sectional dependence in panel unit root tests. This paper adopts the factor based cross-sectional dependence paradigm of Bai and Ng (2004) but suggests alternative factor extraction methods. Some theoretical results for these methods are provided. Further, a detailed Monte Carlo study of these methods for multi...

This paper suggests a new semi-parametric multivariate approach to seasonal adjustment. The primary innovation is to use a large dimensional factor model of cross section dependence to estimate the trend component in the seasonal decomposition of each time series. Because the trend component is speci…ed to capture covariation between the time series, common changes in the level of the time seri...

one of the most important issues about production structure and measurement of factors utilization in industry is the study of substitutability among the production factors. while, energy, for its particular features like finite and the direct relationship between energy usage and air pollution; and specifically abundance of energy resources and allocation of subsidies to different energy carri...

Ekonomide belirsizlik, dış ticaret ve döviz kuru gibi makro ekonomik değişkenler üzerinde etkili olabilmektedir. Küreselleşmenin ilerlemesi ekonomilerin karşılıklı bağımlılığının artmasıyla birlikte uluslararası ticaret, ekonomide yaşanan belirsizlik ortamından güçlü bir şekilde etkilenmektedir. Literatürde ekonomi politika belirsizliğinin üzerindeki etkilerine ilişkin tam olarak görüş birliği ...

this paper, i have focused on the tax side of the fiscal policy to  investigate the past and future behavior of fiscal sustainability in iran. to do so, i have employed two different forward-looking and backward-looking approaches. first, the backward-looking approach is the fiscal policy rule proposed by daving & leeper (2011). precisely, this rule determines that whether the fiscal policy is ...