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Skilled Immigrants' Contribution to Productive Efficiency

Nahm, Daehoon; Tani, Massimiliano - Institute for the Study of Labor (IZA) - 2014

This paper studies whether skilled migrants contribute to the host country's 'productive efficiency' (Farrell, 1957) using input-output and immigration sectoral data for seven industries in twelve countries during the period 1999-2001. We find that skilled migrants contribute positively to a...

Persistent link: https://www.econbiz.de/10011098070

Decentralization and the Productive Efficiency of Government: Evidence from Swiss Cantons

Barankay, Iwan; Lockwood, Ben - Institute for the Study of Labor (IZA) - 2006

Advocates of fiscal decentralization argue that amongst other benefits, it can increase the efficiency of delivery of government services. This paper is one of the first to evaluate this claim empirically by looking at the association between expenditure decentralization and the productive...

Persistent link: https://www.econbiz.de/10005233763

Efficiency in Employee-Owned Enterprises: An Econometric Case Study of Mondragon

Arando, Saioa; Gago, Monica; Jones, Derek C.; Kato, Takao - Institute for the Study of Labor (IZA) - 2011

We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski is a retail distribution chain and, most unusually, there are two distinct types of hypermarkets: (i) cooperatives with significant employee ownership and voice; and (ii) GESPAs...

Persistent link: https://www.econbiz.de/10009021887

Market Design and Moral Behavior

Kirchler, Michael; Huber, Jürgen; Stefan, Matthias; … - Institute for the Study of Labor (IZA) - 2015

different institutional regimes – one with individual decision making, one with a double-auction market – we expose the …

Persistent link: https://www.econbiz.de/10011265302

Market Design for Trading Commoditized Renewable Energy

Heshmati, Almas; Abolhosseini, Shahrouz - Institute for the Study of Labor (IZA) - 2014

particular, energy efficiency can be achieved by integrating information technology into electricity networks to enable the … for renewable energy sources, design a market mechanism for trading in this market, and outline the requirements for such … a market to function efficiently. Finally, we conclude and present recommendations to policymakers to provide incentives …

Persistent link: https://www.econbiz.de/10010886132

A Vectorautoregressive Investment Model (VIM) and Monetary Policy Transmission: Panel Evidence from German Firms

von Kalckreuth, Ulf; Chirinko, Robert S.; Breitung, Jörg - Deutsche Bundesbank - 2003

This paper proposes a new framework for studying the effects of monetary policy on business investment. Important ambiguities with the modeling of investment dynamics and interactions between real and financial decisions suggest modeling investment spending as a VAR. Based on a panel of...

Persistent link: https://www.econbiz.de/10005083170