Showing 1 - 10 of 57
Though a lot of work has been done on the distribution of job tenures, we are still uncertain about its main determinants. In this paper, we stress random shocks to match productivity after the start of an employment relation. The specificity of investment makes hiring and separation decisions...
Persistent link: https://www.econbiz.de/10005766129
The age at which children leave the parental home differs considerably across countries. We present a theoretical model predicting that higher job security of parents and lower job security of children may delay emancipation. We then provide aggregate evidence which supports this hypothesis for...
Persistent link: https://www.econbiz.de/10005181451
By the 2008/09 school year the federal state of North Rhine-Westphalia (Germany) abolished binding school catchment areas (SCAs) in all municipalities. The reform has been controversial and it was feared that school choice would increase ethnic segregation. Using data on all primary schools, we...
Persistent link: https://www.econbiz.de/10010723524
We investigate how continental European unemployment can be reduced without reducing unemployment benefits and without reducing the net income of low-wage earners. Lower unemployment replacement rates reduce unemployment, the net wage and unemployment benefits. A lower tax on labour increases...
Persistent link: https://www.econbiz.de/10005181537
We develop a dynamic two-party political economy framework, in which parties seek to maximize vote share and face the trade-off between catering to their respective core constituencies on the one hand and ‘middle of the road’ voters with no partisan affiliation on the other hand. In contrast...
Persistent link: https://www.econbiz.de/10005406002
manipulate both international and domestic prices of resources, yet this policy is largely outside the disciplines of the WTO …
Persistent link: https://www.econbiz.de/10010540254
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a complementarity between the price of food in international markets...
Persistent link: https://www.econbiz.de/10010542015
WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs …
Persistent link: https://www.econbiz.de/10008534023
In his seminal paper, Rose (2004) concluded from a gravity-type study of bilateral trade that the GATT/WTO does not … zero trade and leaves room for WTO membership to promote trade at the extensive margin of trade. Relying on a Tobit … estimation approach, we find that WTO membership has promoted world trade to a larger extent than Rose’s results seem to indicate. …
Persistent link: https://www.econbiz.de/10005181483
, sustaining only modest cuts in emissions. These results are unaffected by uncertainty about the impact of catastrophe. By … contrast, uncertainty about the catastrophic threshold typically causes coordination to collapse. Whether the probability …
Persistent link: https://www.econbiz.de/10010877724