Homeownership and Unemployment Duration

We examine the effects of homeownership on individuals' unemployment durations in the USA. We take into account that an unemployment spell can terminate with a job or with a non-participation transition. The endogeneity of homeownership is addressed through the estimation of a full maximum likelihood function which jointly models the competing hazards and the probability of being a homeowner. Unobserved factors contributing to the probability of being a homeowner are allowed to be correlated with unobservable heterogeneity in the hazard rates. We find that unemployed homeowners are less likely to find a job than renters. The effect is small but statistically significant for most specifications. The effect is stronger for outright owners and weaker for mortgage holders. We also find that outright owners have a higher and mortgage holders a lower probability of exiting to non-participation than renters

The role of international trade on environmental efficiency

Cataloged from PDF version of article.The relationship between trade and environmental conditions receives considerable attention whenever countries are in the process of negotiating trade agreements. In this paper using a non-parametric non-stochastic production frontier approach, we first develop an environmental efficiency index for a sample of high income and low and middle income countries and then examine the role of trade on the changes in environmental efficiency. The paper shows that, in addition to the per capita income which exhibits an environmental Kuznets type relationship, trade-related variables such as trade composition, the share of polluting exports and openness of a country are important determinants of environmental efficiency. (C) 2001 Elsevier Science B.V. All rights reserved. JEL classifications: Q32; Q25; F43

Searching for a Kuznets curve in environmental efficiency using kernel estimation

Cataloged from PDF version of article.The paper constructs environmental efficiency indexes for a sample consisting of high- and low-income countries using nonparametric production frontier techniques and then establishes an environmental Kuznets relationship for environmental efficiency by Nadaraya-Watson kernel estimation methodology. (C) 2000 Elsevier Science S.A. All rights reserved. JEL classification: Q25; Q32

Catching-up and innovation in high and low income countries

Cataloged from PDF version of article.The study utilizes a variant of the Malmquist Productivity Index computed by nonparametric linear programming techniques to empirically investigate the catching-up hypothesis for a group of high- and low-income countries. The results show that the countries with low initial per capita income levels catch up at a faster rate while countries with relatively high income depend more on technological progress for their productivity increases

Is environmental efficiency trade inducing or trade hindering?

Cataloged from PDF version of article.Global efforts to identify strategies for sustainable economic growth and development underline the need for understanding important links between environmental policies and international trade. In this paper, by constructing an environmental efficiency index for 111 countries from 1980 to 2009, we are able to empirically test for one such link. An improvement in the environmental efficiency index in terms of carbon dioxide emissions reflects a decrease in the cost of efforts to mitigate the environmental costs associated with growth. Countries that improve their environmental efficiency are found to experience strong international trade effects, both through increased exports and increased imports. While the positive link between efficiency improvements and exports is supportive of the Porter hypothesis, the positive link between efficiency improvements and imports is supportive of strong positive income effects on account of environmental efforts. These results, which are robust to alternative estimation strategies, lend strong support to global efforts to improve countries' environmental efficiencies. © 2014 Elsevier B.V

Origin of the large thermoelectric power in oxygen-variable RBaCo_{2}O_{5+x} (R=Gd, Nd)

Thermoelectric properties of GdBaCo_{2}O_{5+x} and NdBaCo_{2}O_{5+x} single crystals have been studied upon continuous doping of CoO_2 planes with either electrons or holes. The thermoelectric response and the resistivity behavior reveal a hopping character of the transport in both compounds, providing the basis for understanding the recently found remarkable divergence of the Seebeck coefficient at x=0.5. The doping dependence of the thermoelectric power evinces that the configurational entropy of charge carriers, enhanced by their spin and orbital degeneracy, plays a key role in the origin of the large thermoelectric response in these correlated oxides.Comment: 5 pages, 4 figures, accepted for publication in PR

Large magnetothermal conductivity in GdBaCo_{2}O_{5+x} single crystals

To study the effects of paramagnetic spins on phonons, both the in-plane and the c-axis heat transport of GdBaCo_{2}O_{5+x} (GBCO) single crystals are measured at low temperature down to 0.36 K and in magnetic field up to 16 T. It is found that the phonon heat transport is very strongly affected by the magnetic field and nearly 5 times increase of the thermal conductivity in several Tesla field is observed at 0.36 K. It appears that phonons are resonantly scattered by paramagnetic spins in zero field and the application of magnetic field removes such strong scattering, but the detailed mechanism is to be elucidated.Comment: 5 pages, 5 figures, accepted for publication in Phys. Rev.