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Information Asymmetry, Education Signals and the Case of Ethnic and Native Germans
Hornig, Stephan O.; Rottmann, Horst; Wapler, Rüdiger - CESifo - 2009
This paper analyses the effects of education signals for Ethnic Germans and Germans without a migration background (“Native Germans”). We base our analysis on a sorting model with productivity enhancing effects of education. We compare whether the signalling value differs between the...
Persistent link: https://www.econbiz.de/10005034643
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Apprenticeship, Vocational Training and Early Labor Market Outcomes - in East and West Germany
Riphahn, Regina T.; Zibrowius, Michael - CESifo - 2015
We study the returns to apprenticeship and vocational training for three early labor market outcomes all measured at age 25 for East and West German youths: non-employment (i.e., unemployment or out of the labor force), permanent fulltime employment, and wages. We find strong positive effects of...
Persistent link: https://www.econbiz.de/10011205375
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Tacit Collusion under Imperfect Monitoring in the Canadian Manufacturing Industry: An Empirical Study
Resende, Marcelo; Zeidan, Rodrigo M. - CESifo - 2011
Canada. The evidence provides weak support for optimal collusion in one industry, which is consistent with the idea that such …
Persistent link: https://www.econbiz.de/10009352229
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Comparative Venture Capital Governance. Private versus Labour Sponsored Venture Capital Funds
Cumming, Douglas J.; MacIntosh, Jeffrey G. - CESifo - 2003
Private independent limited partnership venture capital funds receive capital from institutional investors, without tax incentives. Limited partnership investment activities are governed by restrictive covenants that are determined by negotiated contract between the fund managers (general...
Persistent link: https://www.econbiz.de/10005406303
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On the Choice of Royalty Rule to Cover Fixed Costs in Input Joint Ventures
Fjell, Kenneth; Foros, Oystein; Kind, Hans Jarle - CESifo - 2013
incorporated. We find that tougher competition between the JV partners may actually increase channel profit under such a scheme. We …
Persistent link: https://www.econbiz.de/10010877877
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Competition in the Presence of Individual Demand Uncertainty
Möller, Marc; Watanabe, Makoto - CESifo - 2013
This paper sheds light on an empirical controversy about the effect of competition on price discrimination. We … shows that whether competition has a positive or negative effect on price dispersion depends on the level of demand …
Persistent link: https://www.econbiz.de/10010877946
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Expectations as Reference Points: Field Evidence from Experienced Subjects in a Competitive, High-Stakes Environment
Bartling, Björn; Brandes, Leif; Schunk, Daniel - CESifo - 2012
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee’s assignment of...
Persistent link: https://www.econbiz.de/10010551016
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Powering Up Developing Countries through Integration?
Auriol, Emmanuelle; Biancini, Sara - CESifo - 2012
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10010556079
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A Simple Model of Health Insurance Competition
Kemnitz, Alexander - CESifo - 2010
This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …
Persistent link: https://www.econbiz.de/10008727295