Showing 1 - 10 of 10,004
We propose a market-for-offenses model of property crime, which explicitly accounts for protection expenditures among … heterogeneous individuals. The crime equilibrium is modeled as a free-access equilibrium in which the match between criminals and … victims equates the average returns to crime. We borrow from the literature on the economics of conflicts in order to define …
Persistent link: https://www.econbiz.de/10005504660
In this chapter we inspect economic mechanisms through which technological progress shapes the degree of inequality … among workers in the labour market. A key focus is on the rise of US wage inequality over the past 30 years. However, we … also pay attention to how Europe did not experience changes in wage inequality but instead saw a sharp increase in …
Persistent link: https://www.econbiz.de/10005504683
belief and measures of wealth inequality, controlling for potential confounding factors such as patterns of spatial and cross …-pastoral societies that tend to sustain higher levels of inequality and where vulnerable material wealth plays a dominant role in the …
Persistent link: https://www.econbiz.de/10011190125
This study employs state-level panel data to examine the effect of income inequality on crime in the United States …. Using panel cointegration techniques, we find a significant negative effect of inequality on crime. …
Persistent link: https://www.econbiz.de/10010594080
This paper draws on detailed firm-level and worker-level information to explore the link between services imports and employment dynamics in the case of Viet Nam. The econometric analysis consists of two parts. First, data covering formal firms are exploited to investigate the relationship...
Persistent link: https://www.econbiz.de/10012312299
We formulate a two-country model with monopolistic competition and heterogeneous firms to reconsider labor market linkages in open economies. Labor-market imperfections arise by virtue of country-specific real minimum wages. Two principal experiments are considered. First, we show that trade...
Persistent link: https://www.econbiz.de/10005087447
We formulate a two-country model with monopolistic competition and heterogeneous firms to reconsider labor market linkages in open economies. Labor-market imperfections arise by virtue of country-specific real minimum wages. Two principal experiments are considered. First, we show that trade...
Persistent link: https://www.econbiz.de/10004964417
The proposition that labour market adjustments to intra-industry trade are less costly than adjustments to inter-industry trade is a widely-held belief amongst trade economists. If it is the case that there are significant sector-specific skills, then this ‘smooth adjustment hypothesis’...
Persistent link: https://www.econbiz.de/10005661849
We develop a methodology for identifying departures from relative factor price equality across regions that is valid under general assumptions about production, markets and factors. Application of this methodology to the United States reveals substantial and increasing deviations in relative...
Persistent link: https://www.econbiz.de/10005662030
We present a methodology for estimating the distributional effects of an endogenous treatment that varies at the group level when there are group-level unobservables, a quantile extension of Hausman and Taylor (1981). Because of the presence of group-level unobservables, standard quantile...
Persistent link: https://www.econbiz.de/10011207910