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The consequences of a shorter working time : some lessons from a general equilibrium analysis
CAHUC, Pierre; GRANIER, Pierre - Institut de Recherche Économique et Sociale (IRES), … - 1997
The aim of this paper is to examine, both at partial and general equilibrium, the consequences of work sharing policies, when the wages, the length of the working time and the participation rates are endogenous, in an economy where workers get utility from leisure. It is shown that the effects...
Persistent link: https://www.econbiz.de/10008550114
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Land Collateral and Labor Market Dynamics in France
Kaas, Leo; Pintus, Patrick A.; Ray, Simon - CESifo - 2014
The value of land in the balance sheet of French firms correlates positively with their hiring and investment flows. To explore the relationship between these variables, we develop a macroeconomic model with firms that are subject to both credit and labor market frictions. The value of...
Persistent link: https://www.econbiz.de/10010948812
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No Guarantees, No Trade: How Banks Affect Export Patterns
Niepmann, Friederike; Schmidt-Eisenlohr, Tim - CESifo - 2014
This study provides evidence that shocks to the supply of trade finance have a causal effect on U.S. exports. The identification strategy exploits variation in the importance of banks as providers of letters of credit across countries. The larger a U.S. bank’s share of the trade finance market...
Persistent link: https://www.econbiz.de/10010948822
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Scars of Recessions in a Rigid Labor Market
Cockx, Bart; Ghirelli, Corinna - Institut de Recherche Économique et Sociale (IRES), … - 2015
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10011265924
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Fondements normatifs des politiques d’activation : un éclairage à partir des théories de la justice
Dang, Ai-Thu; Zajdela, Hélène - Institut de Recherche Économique et Sociale (IRES), … - 2009
L’objectif de ce texte est de questionner les fondements normatifs des politiques d’activation, dans leur version Making Work Pay, afin de souligner les «préférences révélées » des décideurs politiques. Pour cela, nous montrons comment les théories de la justice de Rawls, Dworkin et...
Persistent link: https://www.econbiz.de/10009493524
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Pareto Improvement through Unilateral Matching of Public Good Contributions: The Role of Commitment
Buchholz, Wolfgang; Cornes, Richard; Peters, Wolfgang; … - CESifo - 2014
When providing public goods through voluntary contributions, a donor may introduce unilateral matching in order to … reduce underprovision of the public good and thus inefficiency. By itself, however, matching benefits the donor but harms the …
Persistent link: https://www.econbiz.de/10010877815
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Households, Markets and Public Choice
Gersbach, Hans; Haller, Hans - CESifo - 2014
favorable conditions for matching on the one hand, and for global collective decisions on the other hand. We establish …
Persistent link: https://www.econbiz.de/10010889986
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Regional Equilibrium Unemployment Theory at the Age of the Internet
Lutgen, Vanessa; Linden, Bruno Van der - CESifo - 2015
This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are …. Search-matching externalities are amplified by the latter possibility and by the fact that some workers can simultaneously … receive a job offer from each region. The rest of the framework builds upon Moretti (2011). Increasing the matching …
Persistent link: https://www.econbiz.de/10011272629
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Wages, Rents, Unemployment, and the Quality of Life
Wrede, Matthias - CESifo - 2012
Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of …
Persistent link: https://www.econbiz.de/10010546957
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Flipping a Coin: Theory and Evidence
Dwenger, Nadja; Kübler, Dorothea; Weizsäcker, Georg - CESifo - 2014
We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an external device, e.g., a coin flip. In a series of experiments the participants often choose lotteries between allocations, which contradicts most theories of choice such as...
Persistent link: https://www.econbiz.de/10010757728