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Essays on Labor Economics: Labor Market Laboratory in Central Europe
Dinga, Marián ; Münich, Daniel (advisor) ; Blien, Uwe (referee) ; Moritz, Michael (referee)
The first part of this dissertation evaluates the impact of a large and territorially concentrated foreign direct investment (FDI) inflow on local labor market outcomes in the Czech Republic. A difference-in-differences technique is employed for estimating the impact of a joint investment of Toyota and Peugeot on local labor market indicators. The results indicate a positive and statistically as well as economically significant effect of a large investment project on the local unemployment outflow rate, which is driven mainly by increases in the aggregate unemployment exit hazard rates for unemployment durations smaller than nine months. However, the impact on long-term unemployed was negligible. Moreover, a simple cost--benefit analysis suggests that investment incentives paid from a state budget would pay off only in a horizon of twelve years. In the second chapter, I analyze the causal effect of investment incentives on regional allocation of FDI in the Czech Republic during 2001-2007. An institutional setup of investment incentives provided foreign investors with financial incentives depending on the particular district's unemployment rate. The identification strategy is based on a regression- discontinuity approach, as the scheme's design introduces three unemployment thresholds...
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Essays on Access to Higher Education, Welfare Traps, and Welfare Migration
Guzi, Martin ; Münich, Daniel (advisor) ; Herbst, Mikolaj (referee) ; Moritz, Michael (referee)
Introduction The research conducted for my dissertation covers topics from labor economics and consists of three empirical papers. In the first chapter, co-authored with Michal Franta, we analyze the demand for tertiary education in the Czech Republic depending on university proximity. The study explores the difference in the probability of entering tertiary education for two secondary school graduates who differ only in that the first one resides within commuting distance to a university while the other one does not. We presume that the advantage of having access to a local university follows in two ways: first, attending a non-local university is associated with costs, either for monetary or non-monetary reasons. These include direct costs (travel costs, accommodation outside the parental home) and indirect costs (opportunity costs). If individuals are cost sensitive, these extra costs may affect their decision to attend a university and which particular university to attend. Second, informational advantages from a university environment are beneficial in the enrollment process to a university. The information advantage to a potential applicant transfers through face-to-face contacts with university students and easier access to preparatory courses organized by local faculty for applicants, etc. We...
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Essays on Labor Economics: Labor Market Laboratory in Central Europe
Dinga, Marián ; Münich, Daniel (advisor) ; Blien, Uwe (referee) ; Moritz, Michael (referee)
The first part of this dissertation evaluates the impact of a large and territorially concentrated foreign direct investment (FDI) inflow on local labor market outcomes in the Czech Republic. A difference-in-differences technique is employed for estimating the impact of a joint investment of Toyota and Peugeot on local labor market indicators. The results indicate a positive and statistically as well as economically significant effect of a large investment project on the local unemployment outflow rate, which is driven mainly by increases in the aggregate unemployment exit hazard rates for unemployment durations smaller than nine months. However, the impact on long-term unemployed was negligible. Moreover, a simple cost--benefit analysis suggests that investment incentives paid from a state budget would pay off only in a horizon of twelve years. In the second chapter, I analyze the causal effect of investment incentives on regional allocation of FDI in the Czech Republic during 2001-2007. An institutional setup of investment incentives provided foreign investors with financial incentives depending on the particular district's unemployment rate. The identification strategy is based on a regression- discontinuity approach, as the scheme's design introduces three unemployment thresholds...
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