Thomas Liebig, International Migration Division, OECDComment: Gunilla Fincke, Expert Council on Integration and Migration (SVR)Chair: Heino von Meyer, Head, OECD Berlin CentreBy 2020, in the absence of migration, age-related exits from the working-age population will on average across the OECD be almost 30% higher than entries. In Germany they will be even 75% higher. At the same time, as skills...
Heather Laurie (ISER, Essex, UK)The talk describes the key design features and progress to date of Understanding Society, the new household panel survey of 40,000 households in the UK. Some early findings from the Innovation Panel of 1500 households which is used for methodological experimentation will be described along with some preliminary results from year 1 of wave 1 of the study.
Linkages between banks and insurance companies are important when forecasting the fragility of the banking and insurance sectors. We propose a novel empirical framework that allows us to estimate unobserved linkages in panel data sets that contain observed regressors. We find that taking unobserved common factors into account reduces the root mean square forecasts error of firm specific forecasts by ...