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Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation as well as … in a standard dynamic model of entry and exit. We find that product market regulations affect time devoted to market work …
Persistent link: https://www.econbiz.de/10013071005
Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … assessing the aggregate effects of product market regulation … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation. We find …
Persistent link: https://www.econbiz.de/10012760396
-best egalitarian argument for age-dependent working time regulation, which can make the short-lived better off and reduce inequalities …
Persistent link: https://www.econbiz.de/10011586259
Persistent link: https://www.econbiz.de/10011988560
Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation as well as … in a standard dynamic model of entry and exit. We find that product market regulations affect time devoted to market work …
Persistent link: https://www.econbiz.de/10010292347
We investigate whether working time is related to the intensity of income comparisons and relative income. Our simple theoretical model demonstrates that the effects of relative income concerns depend on whether an individual can choose contractual working hours and/or overtime. In the empirical...
Persistent link: https://www.econbiz.de/10010337852
liberalisierten Markt ist ein enger Zusammenhang zwischen Preisen und Grenzkosten zu erwarten, diese werden in der Stromerzeugung im … Market Model (GEMM) vorgestellt, das den deutschen Strommarkt in seiner Interaktion mit den Strommärkten anderer europäischer …
Persistent link: https://www.econbiz.de/10001758099
Consider a revenue-maximizing seller who can sell an object to one of n potential buyers. Each buyer either has hard information about his valuation (i.e., evidence that cannot be forged) or is ignorant. The optimal mechanism is characterized. It turns out that more ignorance can increase the...
Persistent link: https://www.econbiz.de/10014222492