Effects of Economic Policies on Microeconomic Stability

Cournède, Boris; Garda, Paula; Ziemann, Volker

doi:10.2139/ssrn.2650007

Cited by 1 publication

(9 citation statements)

References 40 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The similarity of the country and micro-level results supports the hypothesis of causal links as micro-level regressions control for important individual-level drivers of earnings and, hence, alleviate concerns about endogeneity or reverse causality. Additional sector-level difference-in-difference estimations using a methodology akin to Rajan and Zingales (1998) provide further evidence that this hump-shaped effect is causal (Cournède et al, 2015).…”

Section: Box 3 a Summary Of The Econometric Approachmentioning

confidence: 80%

“…The Gini coefficient ranges from 0 (perfect equality) to 1 (one individual receives all of the income and the others none). Source: Cournède, B., P. Garda and V. Ziemann (2015), "Effects of Economic Policies on Microeconomic Stability", OECD Economics Department Working Papers, No. 1201.…”

Section: Figure 1 Microeconomic Volatility and Income Inequality Arementioning

confidence: 99%

“…This subsection presents a simple framework to assess how economic policies can influence this propagation ( Figure 6). Cournède et al (2015) provide greater detail on the foundations of this framework and the different channels.…”

Section: Economic Policies and The Propagation Of Microeconomic Volatmentioning

confidence: 99%

“…Therefore, the remainder of this study will concentrate its empirical analysis on the role of economic policies for household-level volatility. This section summarises a limited set of the results for firm-level volatility, which Garda and Ziemann (2014) and Cournède et al (2015) analyse in greater detail.…”

Section: Firm-level Volatilitymentioning

confidence: 99%

“…12http://dx.doi.org/10.1787/888933202529 Note: The curve shows the estimated relationship between the volatility of hourly earnings and EPL, based on the estimates in Table C2 in the Appendix of Cournède et al (2015), "Effects of Economic Policies on Microeconomic Stability", OECD Economics Department Working Papers, No. 1201.…”

Section: Figure 13 Hourly Earnings Volatility Decreased After Estonimentioning

confidence: 99%

See 4 more Smart Citations

Effects of Pro-Growth Policies on the Economic Stability of Firms, Workers and Households

Cournède

Garda

Hoeller

et al. 2015

OECD Economic Policy Papers

View full text Add to dashboard Cite

The OECD Economic Policy Paper Series is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. An earlier version of this paper was discussed at the Working Party No. 1 of the Economic Policy Committee and an OECD seminar on New Approaches to Economic Challenges. The authors would like to thank the participants. They are very grateful to Lorenzo Codogno and Stefano Scarpetta, who chaired these meetings, for their insights. The authors are also indebted to Pier Carlo Padoan, Catherine Mann, Christian Kastrop and Jean-Luc Schneider for their guidance and to Paul O'Brien, Alexandre Cazeneuve-Lacroutz, Oliver Denk and Mathilde Mesnard for their comments. The authors express their gratitude to Jenifer Ruiz Valenzuela for her important econometric contributions to the industry-level analysis. They thank Pascal Marianna for his great help on micro-level databases and Celia Rutkoski for excellent editorial assistance. More detailed information is contained in the following papers:

show abstract

Section: Box 3 a Summary Of The Econometric Approachmentioning

confidence: 80%

Section: Figure 1 Microeconomic Volatility and Income Inequality Arementioning

confidence: 99%

Section: Economic Policies and The Propagation Of Microeconomic Volatmentioning

confidence: 99%

Section: Firm-level Volatilitymentioning

confidence: 99%

Section: Figure 13 Hourly Earnings Volatility Decreased After Estonimentioning

confidence: 99%

See 3 more Smart Citations

Effects of Pro-Growth Policies on the Economic Stability of Firms, Workers and Households

Cournède

Garda

Hoeller

et al. 2015

OECD Economic Policy Papers

View full text Add to dashboard Cite

show abstract

Effects of Economic Policies on Microeconomic Stability

Cited by 1 publication

References 40 publications

Effects of Pro-Growth Policies on the Economic Stability of Firms, Workers and Households

Effects of Pro-Growth Policies on the Economic Stability of Firms, Workers and Households

Contact Info

Product

Resources

About