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Age, Wage and Productivity
Ours, Jan C. van; Stoeldraijer, Lenny - CESifo - 2010
Previous empirical studies on the effect of age on productivity and wages find contradicting results. Some studies find … that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while … productivity does not or does not increase at the same pace. However, other studies find no evidence of such an age related pay-productivity …
Persistent link: https://www.econbiz.de/10008572567
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Government Outsourcing: Public Contracting with Private Monopoly
Auriol, Emmanuelle; Picard, Pierre M. - CESifo - 2006
The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in which firms are free to enter the market and to choose...
Persistent link: https://www.econbiz.de/10005765762
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The Elasticity of Derived Demand, FactorSubstitution and Product Demand: Corrections to Hicks’ Formula and Marshall’s Four Rules
Chirinko, Robert S.; Mallick, Debdulal - CESifo - 2006
Nearly 75 years ago, John Hicks introduced and formalized the concept of the elasticity of substitution between capital and labour and its relation to derived demand. The resulting formula has proven very useful in understanding the derived demand for productive factors, the distribution of...
Persistent link: https://www.econbiz.de/10005766148
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State Ownership and Control in the Czech Republic
Kocenda, Evžen; Hanousek, Jan - CESifo - 2009
We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade …
Persistent link: https://www.econbiz.de/10008533985
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The Structure of Worker Compensation in Brazil, with a Comparison to France and the United States
Filho, Naércio Aquino Menezes; Muendler, Marc-Andreas; … - CESifo - 2006
We employ a comprehensive matched employer-employee data set for Brazil to analyze wage determinants and compare results to Abowd, Kramarz, Margolis and Troske (2001) for French and U.S. manufacturing. Returns to education and experience in Brazilian manufacturing exceed those of the other...
Persistent link: https://www.econbiz.de/10005766015
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Wage Inequality in Germany: Disentangling Demand and Supply Effects
Stimmelmayr, Michael - CESifo - 2009
In this paper we conduct a counterfactual analysis and estimate the quantitative importance of demand and supply effects on wage inequality in Germany using a dynamic computable general equilibrium (CGE) model of the Auerbach-Kotlikoff (1987) type. Specifically, the methodological contribution...
Persistent link: https://www.econbiz.de/10008583714
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Divide and Privatize: Firm Break-up and Performance
Kocenda, Evžen; Hanousek, Jan - CESifo - 2011
We analyze the long-term effects of firm break-up and ownership change on corporate performance. Our analysis is based on a unique data set for a large number of Czech firms spanning the period 1996–2005. We employ a propensity score matching procedure to deal with endogeneity problems. Our...
Persistent link: https://www.econbiz.de/10009024846
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Tax Competition, the Distribution of MNE's Ownership and the Wage Formation Process
Gérard, Marcel - CESifo - 2002
This paper shows how the distribution of the ownership of multinational companies and the labour market conditions, especially the wage formation process, influence the outcome of interjurisdictional tax competition and coordination. In particular, it sets forth that equilibrium corporate tax...
Persistent link: https://www.econbiz.de/10005094271
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Dumping in Developing and Transition Economies
Moraga-González, José Luis; Viaene, Jean-Marie - CESifo - 2004
We build a simple theoretical model to understand why developing and transition economies have increasingly applied anti-dumping laws. To that end, we investigate the strategic incentives of oligopolistic exporting firms to undertake dumping in these economies. We show that dumping may be due to...
Persistent link: https://www.econbiz.de/10005765640
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Hurricane Insurance in Florida
Jametti, Mario; Ungern-Sternberg, Thomas von - CESifo - 2009
This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural catastrophes) are typically referred to as “uninsurable” risks. The more exposed property owners find it difficult to obtain insurance cover from the private market and/or...
Persistent link: https://www.econbiz.de/10005013949