Showing 1 - 10 of 54
The paper computes lifetime welfare functions for French and American workers. For the vast majority of workers, we find that the lifetime discrepancy between the welfare of an employed and that of an unemplyed worker appear to quite similar in the two countries, corresponding to nine monthly...
Persistent link: https://www.econbiz.de/10005791313
controversies the last few years. The difficulty arises because there is a need to make a complete ranking of teams even though each … establish a ranking of patents or academic journals, etc. in which the raw data are (incomplete) bilateral citations or … interactions among objects. This paper develops and estimates a simple consistent weighted ranking (CWR) scheme which, in the …
Persistent link: https://www.econbiz.de/10005123674
We survey the microfoundations, empirical evidence and estimation issues underlying the aggregate matching function. Several microeconomic matching mechanisms have been suggested in the literature with some successes but none is generally accepted as superior to all others. Instead, an aggregate...
Persistent link: https://www.econbiz.de/10005114438
In this paper we consider the effects of minimum wage legislation in an overlapping generations model. In our model there is an intergenerational externality in the accumulation of human capital since the production of human capital of every new generation depends positively on the average human...
Persistent link: https://www.econbiz.de/10005789188
Using data from a natural experiment with high payoffs in education, we examine whether the competitive nature of tournament structure explains the performance gender-gap. We find that performance is statistically lower for women, the variance of performance is higher for men, and the tails of...
Persistent link: https://www.econbiz.de/10005792216
This paper analyses the determinants of academic performance of first-year undergraduate students in Economics at Universidad Carlos III de Madrid, over the period 2001-2005. We focus on a few core subjects which differ in their degree of mathematical complexity. Type of school, specialization...
Persistent link: https://www.econbiz.de/10005498100
Do women perform worse than equally able men in stressful competitive settings? We ask this question for competitions with a high payoff---admissions to tuition-free selective universities. With data on an entire cohort of Czech students graduating from secondary schools and applying to...
Persistent link: https://www.econbiz.de/10005504669
We study the determinants of individual attitudes towards risk and, in particular, why some individuals exhibit extremely high risk aversion. Using data from the Panel Study of Income Dynamics we find that a policy induced increase in high school graduation rates leads to significantly fewer...
Persistent link: https://www.econbiz.de/10008642879
There is a proliferation of economics blogs, with increasing numbers of economists attracting large numbers of readers, yet little is known about the impact of this new medium. Using a variety of experimental and non-experimental techniques, we try to quantify some of their effects. First, links...
Persistent link: https://www.econbiz.de/10009293990
This paper reviews a number of recent contributions that demonstrate that a blend of welfare economics and statistical analysis is useful in the evaluation of the citations received by scientific papers in the periodical literature. The paper begins by clarifying the role of citation analysis in...
Persistent link: https://www.econbiz.de/10009365007