A new GLO Discussion Paper for Scottish universities finds a substantial and persistent increase in cases in areas containing halls and evidence of persistent spillovers.
Author Abstract: This paper estimates the impact of University reopenings in Scotland in Autumn 2020 on COVID-19 cases in Scottish neighbourhoods. We geolocate all student halls in Scotland, and merge this data with neighbourhood-level case data. We employ a local differences-indifferences strategy and tackle two research questions. First, we ask what was the impact of the start of semester on cases in the student neighbourhoods? Next, we turn our attention to the spillover of cases in the nearby communities to student neighbourhoods. University semester start dates in Scotland are staggered over the month of September, and we deal with this by focusing on each start cluster, as well as implementing the Callaway and Sant’Anna (2020) estimator. We find a substantial and persistent increase in cases in areas containing halls and evidence of persistent spillovers. These effects are linked to the group of Universities that started on 14th September, which include large Universities located in the major urban areas. The cases began to rise on 21st September, with 100 extra cases per 100,000 per day, and peaked a week later with 400 additional cases per 100,000 per day, after which they started declining, but persist until the Autumn tightening of coronavirus restrictions bit in November, two months after the restrictions were enacted. Our results invite a re-think of how close contact activities may safely resume.
The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.
Global Labor Organization (GLO) invites interested young scholars to apply for participation in the 2021-22GLO Virtual Young Scholars Program (GLO VirtYS). This is the third cohort of the successful GLO venture to support career developments of young researchers. It also provides a unique opportunity to interact with the large and very active GLO global network.
A new GLO Discussion Paper studies the brain drain, human capital, and inequality’s institutional impact in a model where a rent-seeking elite taxes residents and voicing affects the likelihood of regime change.
Author Abstract: Brain drain BD, human capital h, and inequality’s institutional impact is examined in a model where a rent-seeking elite taxes residents and voicing affects the likelihood of regime change. We find that BD and h’s impact on institutional quality (Q) are as follows: i) Q is a U-shaped function of BD, with maximum (minimum) at BD = 0 (0 ) BD1, and is maximized at BD = 0; vi) Q increases in a high (low) BD country under a host country’s immigration promotion (restriction); vii) a high BD country’s institutions improve (worsen) under a large (small) reduction in BD; viii) the latter is particularly relevant for small and micro states where BD and Q are likely to be greater than in large but otherwise similar countries.
The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.
Posted inNews, Research|Comments Off on A Political Economy and Voicing Model of the Institutional Impact of Brain Drain, Human Capital, Inequality and Country Size
The 36th EBES Conference in Istanbul took place July 1-3, 2021 in Hybrid Mode. A highlight of the second day was the GLO Handbook Session on “Worker Representation, Labor-Management Relations and Labor Standards” chaired by GLO Fellow Uwe Jirjahn. GLO and EBES are collaborating organizations.
The conference included a GLO Handbook Session on “Worker Representation, Labor-Management Relations and Labor Standards” organized and chaired by Uwe Jirjahn (University of Trier and GLO), who is a Section Editor of the Handbook. The event took place on July 2, 3.50-5.50 pm, Istanbul time.
Decent Work and the Quality of Work and Employment Francis Green (University College London and GLO)
Union Membership and Collective Bargaining: Trends and Determinants Claus Schnabel (Universität Erlangen Nürnberg)
Unions, Worker Participation and Worker Well-Being Benjamin Artz (University of Wisconsin-Oshkosh and GLO) and John S. Heywood (University of Wisconsin-Milwaukee and GLO)
Worker Voice and Political Participation in Civil Society John Budd (University of Minnesota and GLO) and Ryan Lamare (University of Illinois and GLO)
Works Councils Jens Mohrenweiser (Bournemouth University)
Board-Level Worker Representation Aleksandra Gregoric (Copenhagen Business School)
Posted inEvents, News, Research|Comments Off on Video of the Handbook Session out! 36th EBES Conference, Istanbul/Turkey, July 1-3, 2021. GLO Handbook Session on “Worker Representation, Labor-Management Relations and Labor Standards” chaired by GLO Fellow Uwe Jirjahn.
The 36th EBES Conference in Istanbul took place July 1-3, 2021 in Hybrid Mode. Highlights of the first day included a session of journal editors on journal publishing and the presentation of the EBES Fellow Award to Barry Eichengreen who delivered his Fellow Speech on “Financial Regulation for the Platform Economy”. The sessions were chaired by EBES & GLO President Klaus F. Zimmermann. GLO and EBES are collaborating organizations.
Just announced IF Impact Factors for 2020 by Clarivate Web of Science: Journal of Population Economics: 2.813 Finance Research Letters: 5.596 Journal of International Financial Markets Institutions and Money: 4.211 Emerging Markets Review: 4.073 Eurasian Business Review: 3.500
EBES Fellow Speech: “Financial Regulation for the Platform Economy”
Barry Eichengreen is the George C. Pardee and Helen N. Pardee Professor of Economics and Professor of Political Science at the University of California, Berkeley, where he has taught since 1987. He is a Research Associate of the National Bureau of Economic Research (NBER) and Research Fellow of the Centre for Economic Policy Research (CEPR). He worked as Senior Policy Advisor at the IMF. He is a regular monthly columnist for Project Syndicate. He has held Guggenheim and Fulbright Fellowships and has been a fellow of the Center for Advanced Study in the Behavioral Sciences (Palo Alto) and the Institute for Advanced Study (Berlin).
His larger number of books include recently • In Defense of Public Debt (with Asmaa El-Ganainy, Rui Esteves and Kris Mitchener), Oxford University Press, 2021 • How to Achieve Inclusive Growth (edited with Valerie Serra, Asmaa El-Ganainy and Martin Schindler), Oxford University Press, 2021 • The Populist Temptation: Economic Grievance and Political Reaction in the Modern Era (2018), • How Global Currencies Work: Past, Present, and Future, with Livia Chitu and Arnaud Mehl, (2017) • The Korean Economy: From a Miraculous Past to a Sustainable Future (Harvard East Asian Monographs) with Wonhyuk Lim, Yung Chul Park and Dwight H. Perkins, (2015) • Renminbi Internationalization: Achievements, Prospects, and Challenges, co-edited with Masahiro Kawai, (2015) • Hall of Mirrors: The Great Depression, The Great Recession, and the Uses-and Misuses-of History, (2015)
He was awarded the Economic History Association’s Jonathan R.T. Hughes Prize for Excellence in Teaching in 2002 and the University of California at Berkeley Social Science Division’s Distinguished Teaching Award in 2004. He is also the recipient of a doctor honoris causa from the American University in Paris. He is ranked as one of the top economists by IDEAS: 6th (number of works), 22 (average rank score) etc. •His research interests are: exchange rates and capital flows; the gold standard and the Great Depression; the European economy; European integration; the impact of China on the international economic and financial system; IMF policy. His research was published in top journals such as Journal of Economic Perspectives, American Economic Review, Economic Journal, Journal of Economic Dynamics and Control,Economic Policy, and Journal of International Economics.
Posted inEvents, News|Comments Off on 36th EBES Conference, Istanbul/Turkey, July 1-3, 2021. Highlights of Day 1. EBES Fellow Award to Barry Eichengreen.
A new GLO Discussion Paper based on data collected by the World Bank suggests that a significant proportion of surviving firms in Central America are vulnerable to permanent closure.
Author Abstract: This study considers the economic impact of Covid-19 on enterprises in four Central American countries – El Salvador, Guatemala, Honduras and Nicaragua. At the time of the analysis neither the pandemic nor its economic consequences had fully run their course. It is not, therefore, a definitive analysis but it is important to try to draw important lessons as soon as possible. The main focus of the study was the initial impact on labour markets. The analysis was based on World Bank enterprise surveys§ undertaken before the outbreak of Covid-19 and follow-up surveys on the effects of the pandemic, also undertaken by the World Bank. These were combined with data on government containment measures and on morbidity and mortality rates.
The use of enterprise data to analyse labour market issues has some limitations but also many strengths. The data is useful for analysing the consequences for gender equality in employment. Since the demand for labour is a derived demand firm level data provides a clear link to labour market effects. The pandemic has caused a significant loss in sales for many firms, This creates a loss of liquidity which, in turn, has caused some firms to reduce employment, working hours and wages. Government containment measures necessary to save lives such as temporary workplace closures have added to the burden for both firms and employees.
The study starts by using the surveys to identify the important stylised facts. Although some issues are already well documented anecdotally through media reports this provides a more evidence based approach. It also helps identify several issues, such as the impact on gender equality which have received less journalistic attention. The study is further supported by a regression analysis (OLS and SURE) of several key outcomes (changes in sales, employment, the share of females in employment and firm expectations of survival). A limitation of such analysis with any enterprise level is heterogeneity and, in consequence, a risk of sample selection bias. To provide robustness checks we use a matching approach.
The results suggest that a significant proportion of surviving firms are vulnerable to permanent closure. The ability of firms to retain labour depends on sales which are affected by both the pandemic itself and the government containment measures. Only a small proportion of firms have received government support and there is evidence that it could help both firm survival and the retention of labour. There is some doubt whether the four countries have the institutional capacity to provide effective support. If such doubts prove well founded then support may need to be externally driven.
The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.
A new GLO Discussion Paper on Vietnam suggests that COVID-19 leads to a substantial reduction in household’s per-capita income and to additional 1.7 million poor people.
Author Abstract: Using household data from the Vietnam Household Living Standard Survey (VHLSS) and the sector-specific growth and remittance inflow projections by Asian Development Bank (ADB), this study first estimated the COVID-19 pandemic on income and poverty status of the Vietnamese households, and then simulated the impact of cash transfer programs by the government of Vietnam on the income and poverty status of households. Our simulations suggest that COVID-19 leads to substantial reduction in household’s per-capita income, and results in additional 1.7 million poor people. The cash transfers would be pro-poor and helps bring about 1.2 million people out of poverty. The transfers would be particularly pro-poor for ethnic minority and rural persons and those working in severely affected economic sectors. Based on the findings, we discussed various policies to implement appropriate measures to help households cope with adverse economic impact of COVID-19.
The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.
Author Abstract: This paper evaluates if and to what extend the risk of becoming Not in Employment, Education or Training (NEET) has worsened during the Covid-19 pandemic in Italy. The analysis is based on a unique dataset from the merging of two sample surveys, the Italian Labor Force Survey and the Institutional Quality Index dataset. We find that the probability of being NEET significantly increased during the pandemic, but heterogeneously between age cohorts and geographical areas. The most affected categories have been young people (aged 25-34) and those living in North-West regions. Females are mostly affected compared to males, especially those experiencing motherhood and living in a Southern province. Investment in education reduces the NEET status, mainly for age-group 25-34 in the South. Participation in the civil society significantly reduces the probability to being NEET. Finally, active policies conducted at regional level are a further educational investment that protect from becoming NEET, although their effectiveness is not significant in the Southern regions. We provide novel evidence to inform policymakers and help building evidence-based policies, tailored on local needs.
The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.
The 36th EBES Conference in Istanbul will take place on July 1st, 2nd, and 3rd, 2021 in Hybrid Mode.This is aGLO supported event. EBESis theEurasia Business and Economics Society, a strategic partner and institutional supporter of GLO. GLO President Klaus F. Zimmermann is also President of EBES.(Invited speakers see below.)
The conference includes a GLO Handbook Session on “Worker Representation, Labor-Management Relations and Labor Standards” organized and chaired by Uwe Jirjahn (University of Trier and GLO), who is a Section Editor of the Handbook. The event takes place on July 2, 3.50-5.50 pm, Istanbul time.
GLO Handbook Session: Worker Representation, Labor-Management Relations and Labor Standards
Decent Work and the Quality of Work and Employment Francis Green (University College London and GLO)
Union Membership and Collective Bargaining: Trends and Determinants Claus Schnabel (Universität Erlangen Nürnberg)
Unions, Worker Participation and Worker Well-Being Benjamin Artz (University of Wisconsin-Oshkosh and GLO) and John S. Heywood (University of Wisconsin-Milwaukee and GLO)
Worker Voice and Political Participation in Civil Society John Budd (University of Minnesota and GLO) and Ryan Lamare (University of Illinois and GLO)
Works Councils Jens Mohrenweiser (Bournemouth University)
Board-Level Worker Representation Aleksandra Gregoric (Copenhagen Business School)
Invited Speakersof EBES 36
EBES is pleased to announce that distinguished colleagues Barry Eichengreen, Narjess Boubakri, Klaus F. Zimmermann and Jonathan Batten will join the conference as the keynote speakers and/or invited editors.
Barry Eichengreen is the George C. Pardee and Helen N. Pardee Professor of Economics and Professor of Political Science at the University of California, Berkeley, where he has taught since 1987. He is a Research Associate of the National Bureau of Economic Research (NBER) and Research Fellow of the Centre for Economic Policy Research (CEPR). He worked as Senior Policy Advisor at the IMF. He is a regular monthly columnist for Project Syndicate. His books include The Populist Temptation: Economic Grievance and Political Reaction in the Modern Era (2018), How Global Currencies Work: Past, Present, and Future, with Livia Chitu and Arnaud Mehl, (2017), The Korean Economy: From a Miraculous Past to a Sustainable Future (Harvard East Asian Monographs) with Wonhyuk Lim, Yung Chul Park and Dwight H. Perkins, (2015), Renminbi Internationalization: Achievements, Prospects, and Challenges, co-edited with Masahiro Kawai, (2015), Hall of Mirrors: The Great Depression, The Great Recession, and the Uses-and Misuses-of History, (2015). He was awarded the Economic History Association’s Jonathan R.T. Hughes Prize for Excellence in Teaching in 2002 and the University of California at Berkeley Social Science Division’s Distinguished Teaching Award in 2004. He is also the recipient of a doctor honoris causa from the American University in Paris. He is ranked as one of the top economists by IDEAS: 6th (number of works), 22 (average rank score) etc. His research interests are: exchange rates and capital flows; the gold standard and the Great Depression; the European economy; European integration; the impact of China on the international economic and financial system; IMF policy. His research was published in top journals such as Journal of Economic Perspectives, American Economic Review, Journal of Economic Dynamics and Control, and Journal of International Economics.
Narjess Boubakri is professor of Finance at American University of Sharjah (AUS) (United Arab Emirates) where she joined in 2007. She is currently the Dean of the School of Business Administration at AUS as well. She has taught at Laval University and HEC Montreal School of Business (Canada). She has also several editorial roles at leading journals such as Editor (Finance Research Letters), Co-Editor (Quarterly Review of Economics and Finance), Associate Editor (Journal of Corporate Finance), and Subject Editor (Emerging Markets Review; Journal of International Financial Markets, Institutions, and Money; and Journal of International Business Policy). Her papers were published in well-known journals such as Journal of Finance, Journal of Financial Economics, Journal of Corporate Finance, Journal of Banking and Finance, and Journal of Accounting Research. Her research has been widely cited (Google Scholar=6,000+). Her research areas are Corporate Governance, Privatization, Corporate Finance, International Finance, Mergers and Acquisitions, Legal and Political Institutions, Lobbying, and Earnings Management.
Klaus F. Zimmermann is President of the Global Labor Organization (GLO); Co-Director of POP at UNU-MERIT; Full Professor of Economics at Bonn University (em.); Honorary Professor, Maastricht University, Free University of Berlin and Renmin University of China; Member, German Academy of Sciences Leopoldina, Regional Science Academy, and Academia Europaea (Chair of its Section for Economics, Business and Management Sciences). Among others, he has worked at Macquarie University, the Universities of Melbourne, Princeton, Harvard, Munich, Kyoto, Mannheim, Dartmouth College and the University of Pennsylvania. Research Fellow of the Centre for Economic Policy Research (CEPR) and Fellow of the European Economic Association (EEA). Editor-in-Chief of the Journal of Population Economics. Editorial Board of International Journal of Manpower, Research in Labor Economics and Comparative Economic Studies, among others. Founding Director, Institute for the Study of Labor (IZA); Past-President, German Institute for Economic Research (DIW). Distinguished John G. Diefenbaker Award 1998 of the Canada Council for the Arts; Outstanding Contribution Award 2013 of the European Investment Bank. Rockefeller Foundation Policy Fellow 2017; Eminent Research Scholar Award 2017, Australia; EBES Fellow Award 2018. He has published in many top journals including Journal of Economic Perspectives, American Economic Review, Econometrica, Journal of the European Economic Association, Journal of Human Resources, Journal of Applied Econometrics, Public Choice, Review of Economics and Statistics, Journal of Population Economics and Journal of Public Economics. His research fields are population, labor, development, and migration.
Jonathan Batten is professor of finance and CIMB-UUM Chair in Banking and Finance at the School of Economics, Finance and Banking at the University Utara Malaysia (Malaysia). Prior to this position, he worked at the Monash University (Australia), Hong Kong University of Science and Technology (Hong Kong), and Seoul National University (Korea). He is a well-known academician who has published articles in many of the leading economics and finance journals and currently serves as the Editor of Emerging Markets Review (SSCI), Journal of International Financial Markets, Institutions & Money (SSCI), and Finance Research Letters (SSCI). He was also the President of EBES from July 2014 till December 2018. His current research interests include: financial market development and risk management; spread modelling arbitrage and market integration; and the investigation of the non-linear dynamics of financial prices.
Posted inEvents, News, Research|Comments Off on 36th EBES Conference, Istanbul/Turkey, July 1-3, 2021. Program now available including a GLO Handbook Session on “Worker Representation, Labor-Management Relations and Labor Standards” chaired by GLO Fellow Uwe Jirjahn.
A new GLO Discussion Paper finds that an increase in national teams’ performance in international cups is associated with a drop in birth rates nine months after the event.
Author Abstract: Does national team performance boost birth rates? We compiled a unique dataset combining country-level monthly birth rates for 50 European countries, along 56 years, with measures of national teams’ performance in 27 international football events. We find that an increase in national teams’ performance in international cups is associated with a drop in birth rates nine months after the event. We hypothesize that these results might be explained by individuals’ time allocation choices.
The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.
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