Publications des institutions partenaires

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Minimum wages and firm employment: evidence from China

This paper studies how minimum wage policies affect firm employment in China using a unique county level minimum wage data set matched to disaggregated firm survey data. We investigate both the effect of imposing a minimum wage, and the effect of the policies that tightened enforcement in 2004. We find that the average effect of minimum wage changes is modest and positive, and that…

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English / 24/02/2017

On the roles of different foreign currencies in European bank lending

We draw on a new data set on the use of Swiss francs and other currencies by European banks to assess the patterns of foreign currency bank lending. We show that the patterns differ sharply across foreign currencies. The Swiss franc is used predominantly for lending to residents, especially households. It is sensitive to the interest rate differential, exchange rate developments,…

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English / 24/02/2017

The role of education in preventing and combating youth unemployment

Youth unemployment and disengagement from both education and work are negatively associated with levels of completed education and skill proficiency. Recent research highlights the importance of focusing on the quality of education and improving actual learning outcomes for all. Empirical findings show the central importance of preventive strategies targeted towards disadvantaged…

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/ 23/02/2017

The legitimate regulatory distinction: challenging the boundary between interpretation and law-making in the appellate body

This paper focuses on the nature of the Appellate Body's interpretative method in arriving at its decision to read-in that Article 2.1 of the Agreement on Technical Barriers to Trade (TBT Agreement) will not prohibit a detrimental impact on competitive opportunities for imports in cases where such detrimental impact stems exclusively from a legitimate regulatory distinction.…

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/ 21/02/2017

Income tax in the WTO: substantive reach and rivaling proceedings

This paper considers the intersection of income tax and WTO rules. It defends an interpretation of the non-discrimination obligations in line with customary rules of interpretation as stipulated by the Vienna Convention on the Law of Treaties. It, thus, departs from the historic assumption that income taxes are not or only to a very limited extent covered by the GATT. Subsequently,…

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/ 21/02/2017

Four essays on fiscal decentralisation and secessions

Entre 1945 et 2008, le nombre de pays reconnus internationalement a augmenté de 74 à 193 (Spolaore, 2008). Plus récemment, plusieurs pays ont vécu une vague croissante de décentralisation. Dans les pays de l’OCDE, par exemple, le nombre de gouvernements infranationaux a atteint 140 000 en 2014. De plus, ces gouvernements infranationaux ont une influence croissante dans ces pays (OCDE…

Institution partenaire

Université de Fribourg

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English / 14/02/2017

Job security as a threatened resource: Reactions to job insecurity in culturally distinct regions

As downsizing and restructuring have become global phenomena, the impact of job insecurity on employee attitudes has received significant attention. However, research examining the role of cultural dimensions has been largely unexplored. Drawing on the conservation of resources theory, we investigated whether the relationships between both quantitative job insecurity (i.e. the…

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English / 01/01/2017

When a door closes, a window opens? Long-term labor market effects of involuntary separations

This study estimates the earning losses of workers experiencing an involuntary job separation. We employ, for the first time in the earning losses literature, a Poisson pseudo-maximum-likelihood estimator with fixed effects that has several advantages with respect to conventional fixed effects models. The Poisson estimator allows considering the full set of involuntary separations,…

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English / 01/01/2017

Integrating QCA and HLM for Multilevel Research on Organizational Configurations

Mixed methods systematically combine multiple research approaches—either in basic parallel, sequential, or conversion designs or in more complex multilevel or integrated designs. Multilevel mixed designs are among the most valuable and dynamic. Yet current multilevel designs, which are rare in the mixed methods literature, do not strongly integrate qualitative and quantitative…

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English / 01/01/2017

Detecting nestedness in graphs

Many real-world networks have a nested structure. Examples range from biological ecosystems (e.g. mutualistic networks), industry systems (e.g. New York garment industry) to inter-bank networks (e.g. Fedwire bank network). A nested network has a graph topology such that a vertex’s neighborhood contains the neighborhood of vertices of lower degree. Thus, the adjacency matrix is…

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English / 01/01/2017

Essays on variance risk

My PhD thesis consists of three papers which study the nature, structure, dynamics and price of variance risks. As tool I make use of multivariate affine jump-diffusion models with matrix-valued state spaces. The first chapter proposes a new three-factor model for index option pricing. A core feature of the model are unspanned skewness and term structure effects, i.e., it is…

Institution partenaire

Università  della Svizzera italiana

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English / 27/12/2016

The Folk Theorem of decreasing effectiveness of monetary policy: what do the data say?

It is increasingly claimed that unconventional monetary policies are subject to decreasing effectiveness in supporting growth and raising the inflation rate. There are good reasons to believe that the effects of further asset purchases by central banks and of moving the interest rate deeper in negative territory progressively decline. But has it been happening? This paper attempts to…

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/ 22/12/2016

Transfer of Human Resource Management Practices within US Multinational Companies: a 3 country case study

This thesis addresses the topic of influencing factors on the transfer of Human Resource Management (HRM) practices in Multinational Corporations (MNCs), a topic embedded in International Business (IB) and more precise in International Human Resource Management (IHRM). It builds on the debate of international dominance, transfer motives, and the different viewpoints on the triggers,…

Institution partenaire

Université de Fribourg

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English / 21/12/2016

ICT and gamified learning in tourism education: a case of South African secondary schools

Tourism is often introduced as a subject in formal education curricula because of the increasing and significant economic contribution of the tourism industry to the private and public sector. This is especially the case in emerging economies in Asia and Africa (Hsu, 2015; Mayaka & Akama, 2015; Cuffy et al., 2012). Tourism in South Africa – which is the geographical setting of…

Institution partenaire

Università  della Svizzera italiana

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English / 10/11/2016

Liquidity-driven FDI

We develop a model of foreign direct investment (FDI) in which financially liquid foreign firms acquire liquidity-constrained target firms. Using a large dataset of emerging-market acquisitions, we find evidence supporting three central predictions of the model: (i) firms in external finance dependent and intangible sectors are more likely to be targets of foreign acquisitions; (ii)…

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English / 25/10/2016

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