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The international diversification puzzle is not as bad as you think
Heathcote, Jonathan; Perri, Fabrizio - 2007
Persistent link: https://www.econbiz.de/10003566808
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The international diversification puzzle is not as bad as you think
Heathcote, Jonathan; Perri, Fabrizio - 2007
Persistent link: https://www.econbiz.de/10003561345
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The cyclical behaviour of employers' monopsony power and workers' wages
Hirsch, Boris; Jahn, Elke J.; Schnabel, Claus - 2013
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … aggregierten Arbeitslosenquote. Im Einklang mit der Theorie finden wir, dass die Monopsonmacht der Firmen in konjunkturellen …
Persistent link: https://www.econbiz.de/10010225884
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The international diversification puzzle is not as bad as you think
Heathcote, Jonathan; Perri, Fabrizio - 2007
Persistent link: https://www.econbiz.de/10010409237
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The international diversification puzzle is not as bad as you think
Heathcote, Jonathan; Perri, Fabrizio - 2007
Persistent link: https://www.econbiz.de/10009514568
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The cyclical behaviour of employers' monopsony power and workers' wages
Hirsch, Boris; Jahn, Elke J.; Schnabel, Claus - 2013
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …
Persistent link: https://www.econbiz.de/10010222161
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The Cyclical Behaviour of Employers' Monopsony Power and Workers' Wages
Hirsch, Boris - 2013
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …
Persistent link: https://www.econbiz.de/10013072156
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Insurance and Opportunities : A Welfare Analysis of Labor Market Risk
Heathcote, Jonathan - 2008
Using a model with constant relative risk-aversion preferences, endogenous labor supply and partial insurance against idiosyncratic wage risk, we provide an analytical characterization of three welfare effects: (a) the welfare effect of a rise in wage dispersion, (b) the welfare gain from...
Persistent link: https://www.econbiz.de/10012773175
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The International Diversification Puzzle is Not as Bad as You Think
Heathcote, Jonathan - 2007
against non-diversifiable labor income risk. We then use our our theory to link openness to trade to the level of …
Persistent link: https://www.econbiz.de/10012775835
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How Selective are Real Wage Cuts? A Micro-Analysis Using Linked Employer-Employee Data
Hirsch, Boris - 2014
reductions in a selective manner. In line with insider-outsider and several strands of efficiency wage theory, we find strong …
Persistent link: https://www.econbiz.de/10013047855