منابع مشابه
Short Positions, Rally Fears and Option Markets
Index option pricing on world market indices are investigated using Lévy processes with no positive jumps. Economically this is motivated by the possible absence of longer horizon short positions while mathematically we are able to evaluate for such processes the probability of a Rally Before a Crash (RBC). Three models are used to e¤ectively calibrate index options at an annual maturity and it...
متن کاملLabor Specialization, Ethnicity, and Metropolitan Labor Markets
This paper provides an empirical assessment of the extent to which co-ethnic workers are underor overrepresented in industry and occupation-based employment sectors based on the characteristics of workers themselves, attributes and resources of ethnic groups in which workers are affiliated, and characteristics of metropolitan areas. Specifically, the paper evaluates two claims found in the lite...
متن کاملAgricultural Labor Markets and Immigration
Foreign workers have been an important part of U.S. labor-intensive segments of agriculture throughout U.S. history. Typically, these are specialty crops such as tree crops, vegetables, and nursery and greenhouse crops. Each requires large amounts of labor relative to other resources used in production. Tree crop and vegetable production on only has very large labor requirements, but the requir...
متن کاملImmigration, Labor Markets, and Productivity
According to a survey in 2008, about 50 percent of Americans perceived immigration as a problem rather than as an opportunity (Transatlantic Trends 2008). Similar surveys conducted in the prerecession years of 2007 and before also showed that Americans were much less supportive of more open immigration policies than they were of other aspects of globalization such as free trade or free capital ...
متن کاملLocal Labor Markets
I examine the causes and the consequences of differences in labor market outcomes across local labor markets within a country. The focus is on a long-run general equilibrium setting, where workers and firms are free to move across localities and local prices adjust to maintain the spatial equilibrium. In particular, I develop a tractable general equilibrium framework of local labor markets with...
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ژورنال
عنوان ژورنال: Intereconomics
سال: 2022
ISSN: ['0020-5346', '1613-964X']
DOI: https://doi.org/10.1007/s10272-022-1069-y