Showing 1 - 6 of 6
This paper presents a general equilibrium assignment model of workers to tasks with endogenous supply of skills. The model has 2 key features. First, skills are endogenous and multidimensional. Second, two types of assignment occur; workers self-select the type of skills to supply and firms...
Persistent link: https://www.econbiz.de/10011098264
In this paper we explore the impact of imperfectly competitive input markets on production function estimation. First order prot maximizing conditions are altered when frictions in input markets cause the elasticity of input supply to the firm to be nite. A consequence of this is that the...
Persistent link: https://www.econbiz.de/10011098267
This paper uses longitudinal test data to analyze the relation between retirement and cognitive development. Controlling for individual fixed effects and lagged cognition, we find that retirees face greater declines in information processing speed than those who remain employed. However,...
Persistent link: https://www.econbiz.de/10011098279
In the context of the Beckerian theory of marriage, where men and women match on a single-dimensional index that is the weighted sum of their respective multivariate attributes, many papers in the literature have used linear canonical correlation, and related techniques, in order to estimate...
Persistent link: https://www.econbiz.de/10011098297
This paper studies the optimal public investment decisions in countries experiencing a resource windfall. To do so, we use an augmented version of the Permanent Income framework with public investment faced with adjustment costs capturing the associated administrative capacity as well as...
Persistent link: https://www.econbiz.de/10011098303
This paper contributes to the literature on hedonic models in two ways. First, it makes use of Queyranne's reformulation of a hedonic model in the discrete case as a network flow problem in order to provide a proof of existence and integrality of a hedonic equilibrium and efficient computational...
Persistent link: https://www.econbiz.de/10011098309