... rules by applying a time-varying parameter generalised methods of moments (TVP-GMM) framework. Findings Using monthly data until December 2022 for five inflation targeting countries (the UK, Canada, Australia, New Zealand, Sweden) and five countries with alternative monetary regimes (the US, Japan...

.... Design/methodology/approach For this, we use data from the Monthly Employment Survey (2002–2015) from Brazil which has detailed information on individual and job characteristics. In addition, we investigate the impact of referrals on wage using quantile regressions. Findings Time-varying parameter...

... is perfectly adequate because it allows one to calculate tail dependence measures directly from copula functions. These measures are not affected by marginal behavior and are invariant to any monotone transformation. Copulas Markov switching Tail dependence Time-varying parameters In this work...