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Author: James Symons

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CEP discussion paper
Minimum Wages and Employment

This paper investigates the effect of minimum wages on employment using a panel of US state-based data. We estimate a minimalist dynamic version of the specification implied by neo-classical theory. We find statistically...Read more...

Manfred Keil, Donald Robertson and James Symons

June 2001

CEP discussion paper
Education and Italian Regional Development

Given recent emphasis on externality to education, macroeconomic studies have a role to play in the analysis of return to schooling. In this paper we study the connection between growth and human capital in a convergence...Read more...

Adriana Di Liberto and James Symons

June 2001

CEP discussion paper
Factor Residuals in SUR Regressions: Estimating Panels Allowing for Cross Sectional Correlation

This paper describes a method for estimating panels by imposing a factor structure on the residuals. The method allows SUR estimation of panel models by providing a full-rank estimator of the system covariance matrix whe...Read more...

Donald Robertson and James Symons

October 2000

CEP discussion paper
Pre-School Education and Attainment in the NCDS and BCS

This paper considers the effect of how children pass time before entrance to school on attainment in primary school. We find in NCDS data that children perform marginally better at seven and eleven if they spent time wit...Read more...

L Feinstein, Donald Robertson and James Symons

March 1998

CEP discussion paper
Attainment in Secondary School

This paper studies attainment in secondary schools. We estimate an education production function in which attainment depends upon parental inputs, peer group inputs and schooling inputs. We find that the most powerful pa...Read more...

L Feinstein and James Symons

March 1997

CEP discussion paper
Self-Selection in The State School System

With diminishing returns to the peer group, it is optimal social policy to mix chldren in schools. We consider what happens when, contrary to the outcome being determined by a social planner, schools and children are fre...Read more...

Donald Robertson and James Symons

November 1996

CEP discussion paper
Do peer Groups Matter? Peer Groups versus Schooling Effects on Academic Attainment

In this paper we estimate an educational production function. Educational attainment is a function of three types of inputs: peer group, parental and schooling. We find that conventional measures of school quality are no...Read more...

Donald Robertson and James Symons

November 1996

CEP discussion paper
Real Interest Rates and Index Linked Gilts

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Donald Robertson and James Symons

November 1993

CEP discussion paper
Unemployment Generosity and Unemployment

The paper analyzes the effect on the unemployment rate of a number of labour market policy variables; in particular, minimum wages and the parameters of the unemployment benefit. We study the unemployment rates of the Ca...Read more...

P Fortin, Manfred Keil and James Symons

May 1993

CEP discussion paper
Five Weeks in the Life of the Pound: Interest Rates

Yields to maturity of a set of nominal and index linked gilts are used to obtain estimates of the term structures of nominal and real interest rates. These allow calculation of the term structures of nominal and real int...Read more...

Donald Robertson and James Symons

March 1993

CEP discussion paper
Macroeconomic Consequences of Taxation in the '80s

During the 1980s the OECD countries experienced divergent trends in taxation. In some countries governments took to cutting tax rates, especially income tax rates, influenced perhaps by the supply-side economists. In oth...Read more...

Andrew Newell and James Symons

February 1993

CEP discussion paper
Some Strange Properties of Panel Data Estimators

We study the biases that are likely to arise in practice with panel data when parameters vary across individuals, but this is not allowed for in estimation. We consider both stationary and non-stationary regressors. We f...Read more...

Donald Robertson and James Symons

July 1991

CEP discussion paper
Output, Inflation and the ERM

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Donald Robertson and James Symons

July 1991

CEP discussion paper
Endogenous Separations in a Matching Model

The paper develops a model in which employment is an enduring rent-sharing relationship. In each period rents are subject to a transient disturbance, and the parties weigh the future stream of benefits against current di...Read more...

Andrew Newell and James Symons

June 1991

CEP discussion paper
The Causes of Ireland's Unemployment

We outline a small model of the Irish labour market and use it to explain what has happened over the last 10 years. We conclude that Irish unemployment problems in the 1980s were due to international demand-side factors,...Read more...

Andrew Newell and James Symons

May 1991

CEP discussion paper
An Aggregate Model of the Canadian)

The paper develops and estimates a small equilibrium model of the Canadian post-war labour market. The framework is imperfect competition in product and labour markets which, we argue, is forced upon us by the empirical ...Read more...

Manfred Keil and James Symons

January 1991