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Aggregate Comparative Statics
Acemoglu, Daron; Jensen, Martin Kaae - C.E.P.R. Discussion Papers - 2009
In aggregative games, each player's payoff depends on her own actions and an aggregate of the actions of all the players (for example, sum, product or some moment of the distribution of actions). Many common games in industrial organization, political economy, public economics, and...
Persistent link: https://www.econbiz.de/10005067446
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Aggregate Oligopoly Games with Entry
Anderson, Simon P; Erkal, Nisvan; Piccinin, Daniel - C.E.P.R. Discussion Papers - 2013
We use cumulative reaction functions to compare long-run market structures in aggregative oligopoly games. We first compile an IO toolkit for aggregative games. We show strong neutrality properties across market structures. The aggregator stays the same, despite changes in the number of firms...
Persistent link: https://www.econbiz.de/10011083659
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Competitive Markets with Endogenous Health Risks
Bennardo, Alberto; Piccolo, Salvatore - C.E.P.R. Discussion Papers - 2005
We study a general equilibrium model where agents' preferences, productivity and labour endowments depend on their health status, and occupational choices affect individual health distributions. Efficiency typically requires agents of the same type to obtain different expected utilities if...
Persistent link: https://www.econbiz.de/10005662275
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Multi-Trait Matching and Intergenerational Mobility: A Cinderella Story
Chen, Natalie; Conconi, Paola; Perroni, Carlo - C.E.P.R. Discussion Papers - 2011
finding, we describe a model of multi-trait matching and inheritance, in which individuals’ attractiveness in the marriage …
Persistent link: https://www.econbiz.de/10009320404
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Search and Matching in the Housing Market
Genesove, David; Han, Lu - C.E.P.R. Discussion Papers - 2010
the elasticity of the matching function. …
Persistent link: https://www.econbiz.de/10008468515
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Gender and Racial Biases: Evidence from Child Adoption
Baccara, Mariagiovanna; Collard-Wexler, Allan; Felli, … - C.E.P.R. Discussion Papers - 2010
This paper uses a new data set on domestic child adoption to document the preferences of potential adoptive parents over born and unborn babies relinquished for adoption by their birth mothers. We show that adoptive parents exhibit significant biases in favor of girls and against...
Persistent link: https://www.econbiz.de/10008468711
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Matching with Trade-offs: Revealed Preferences over Competing Characteristics
Galichon, Alfred; Salanié, Bernard - C.E.P.R. Discussion Papers - 2010
characteristics that the analyst does not observe. The social optimum must therefore trade off matching on incomes and matching on … set of feasible matchings and of the socially optimal matching. Then we show how data on the covariation of the types of …
Persistent link: https://www.econbiz.de/10008530351
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A Test Between Unemployment Theories Using Matching Data
Coles, Melvyn G; Petrongolo, Barbara - C.E.P.R. Discussion Papers - 2002
A new methodology is described which tests between various equilibrium theories of unemployment using matching data … identify a matching process using data which is recorded monthly, and also shows how to identify different unemployment … employment agency data for the UK over the period 1985-99. Although the standard random matching approach provides a reasonably …
Persistent link: https://www.econbiz.de/10005123575
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Jobs and Unemployment in Macroeconomic Theory: A Turbulence Laboratory
Ljungqvist, Lars; Sargent, Thomas J - C.E.P.R. Discussion Papers - 2005
who suffer involuntary layoffs. Matching and search-island models have labour market frictions and incomplete markets. The …
Persistent link: https://www.econbiz.de/10005123618
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Temporal Aggregation Bias in Stock-Flow Models
Burdett, Kenneth; Coles, Melvyn G; Ours, Jan C van - C.E.P.R. Discussion Papers - 1994
The matching function describes the flow of job creation as a function of the stocks of unemployed and vacancies. Most …
Persistent link: https://www.econbiz.de/10005123733