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Labor Supply with Job Assignment under Balanced Growth
Michelacci, Claudio; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2013
, labor force participation of male workers of different skills has fallen while their working hours have increased. …
Persistent link: https://www.econbiz.de/10011083956
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Active Labour Market Policy Effects for Women in Europe - A Survey
Bergemann, Annette; den Berg, Gerard J van - C.E.P.R. Discussion Papers - 2007
studies. We relate the results to the relevant level of female labour force participation. …
Persistent link: https://www.econbiz.de/10005662001
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Education, Matching and the Allocative Value of Romance
Booth, Alison L; Coles, Melvyn G - C.E.P.R. Discussion Papers - 2005
educational investments and labour force participation based on matching regimes. …
Persistent link: https://www.econbiz.de/10005666457
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Inequality And Group Participation: Theory And Evidence From Rural Tanzania
La Ferrara, Eliana - C.E.P.R. Discussion Papers - 2000
inequality leads to more or less group participation. Using survey data from rural Tanzania we find that inequality at the … 'subjectively' defined. However, when we disaggregate groups by type of access rule, we find that inequality decreases participation … in open access groups when there are wide disparities at the bottom of the distribution, while it increases participation …
Persistent link: https://www.econbiz.de/10005667030
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On Gender Gaps and Self-fulfilling Expectations: Theory, Policies and Some Empirical Evidence
de la Rica, Sara; Dolado, Juan J.; García-Peñalosa, … - C.E.P.R. Discussion Papers - 2008
in wages and participation rates. Rather than resorting to moral hazard problems related to unobservable effort, like in … exacerbate lower female participation in the labour market. Hence, both effects lead to a gendered equilibrium with large gaps …
Persistent link: https://www.econbiz.de/10005791584
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Participation and Schooling in a Public System of Higher Education
Kelchtermans, Stijn; Verboven, Frank - C.E.P.R. Discussion Papers - 2006
We analyze the determinants of participation (whether to study) and schooling (where and what to study) in a public … role for travel costs: they hardly affect the participation decisions, but have a strong impact on the schooling decisions …. In addition, high school background plays an important role in both the participation and schooling decisions. To …
Persistent link: https://www.econbiz.de/10005792532
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The Returns to Seniority in France (and Why are They Lower than in the United States?)
Beffy, Magali; Buchinsky, Mosche; Fougère, Denis; … - C.E.P.R. Discussion Papers - 2006
We estimate a model of the joint participation and mobility along with the individuals' wage formation in France. Our …
Persistent link: https://www.econbiz.de/10005123576
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The ECB as Lender of Last Resort for Sovereigns in the Euro Area
Buiter, Willem H.; Rahbari, Ebrahim - C.E.P.R. Discussion Papers - 2012
The paper establishes that sovereigns, like banks, need a lender of last resort (LoLR). In the euro area the ECB, with its estimated €3.4 trillion non-inflationary loss absorption capacity, is the only credible sovereign LoLR. The ECB/Eurosystem has been acting as sovereign LoLR through its...
Persistent link: https://www.econbiz.de/10011083551
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The Simple Analytics of Helicopter Money:Why It Works – Always
Buiter, Willem H. - C.E.P.R. Discussion Papers - 2014
This paper aims to provide a rigorous analysis of Milton Friedman’s famous parable of the ‘helicopter’ drop of money. A helicopter drop of money is a permanent/irreversible increase in the nominal stock of fiat base money with a zero nominal interest rate, which respects the intertemporal...
Persistent link: https://www.econbiz.de/10011084422
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Bidding and Performance in Repo Auctions: Evidence from ECB Open Market Operations
Bindseil, Ulrich; Nyborg, Kjell G; Strebulaev, Ilya - C.E.P.R. Discussion Papers - 2004
Repo auctions are multiunit auctions regularly used by central banks to inject liquidity into the banking sector. Banks have a fundamental need to participate because they have to satisfy reserve requirements. Superficially, repo auctions resemble treasury auctions; the format and rules are...
Persistent link: https://www.econbiz.de/10005067452