| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3252 |
| DP3252 The Effects of Focus and Diversification on Bank Risk and Return: Evidence from Individual Bank Loan Portfolios | |
| Anthony Saunders; Viral Acharya; Iftekhar Hasan | |
| 发表日期 | 2002-03-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | In the mid-1980s, many European countries introduced fixed-term contracts. Since then their labour markets have become more dynamic. This Paper studies the implications of such reforms for the duration distribution of unemployment, with particular emphasis on the changes in the duration dependence. I estimate a parametric duration model using cross-sectional data drawn from the Spanish Labour Force Survey from 1980-94 to analyse the chances of leaving unemployment before and after the introduction of fixed-term contracts. I find that duration dependence has increased since such reform. Semi-parametric estimation of the model also shows that for long spells, the probability of leaving unemployment has decreased since such reform. |
| 主题 | Labour Economics |
| 关键词 | Cross-sectional data Duration model Turnover |
| URL | https://cepr.org/publications/dp3252 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532279 |
| 推荐引用方式 GB/T 7714 | Anthony Saunders,Viral Acharya,Iftekhar Hasan. DP3252 The Effects of Focus and Diversification on Bank Risk and Return: Evidence from Individual Bank Loan Portfolios. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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