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Guest-Worker Migration, Human Capital and Fertility

Azarnert, Leonid V. - CESifo - 2011

This work focuses on a temporary guest-worker-type migration of individuals from the middle class of the wealth …

Persistent link: https://www.econbiz.de/10009020797

International Trade and Unemployment: A Quantitative Framework

Heid, Benedikt; Larch, Mario - CESifo - 2012

Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...

Persistent link: https://www.econbiz.de/10010877646

Productivity as if Space Mattered: An Application to Factor Markets Across China

Cheng, Wenya; Morrow, John; Tacharoen, Kitjawat - CESifo - 2013

results quantify the role of regional factor markets in firm productivity and location. Considering modern China as a large …

Persistent link: https://www.econbiz.de/10010877649

Estimating Dynamic Equilibrium Models Using Mixed Frequency Macro and Financial Data

Christensen, Bent Jesper; Posch, Olaf; Wel, Michel van der - CESifo - 2014

We provide a framework for inference in dynamic equilibrium models including financial market data at daily frequency, along with macro series at standard lower frequency. Our formulation of the macro-finance model in continuous-time conveniently accounts for the difference in observation...

Persistent link: https://www.econbiz.de/10010948847

Estimating Incentive and Welfare Effects of Non-Stationary Unemployment Benefits

Launov, Andrey; Wälde, Klaus - CESifo - 2010

The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits displays a time-varying exit rate. Building on Semi-Markov processes, we translate these exit rates into an expression for the aggregate unemployment rate. Structural estimation...

Persistent link: https://www.econbiz.de/10008583707

Monitoring, Sanctions and Front-Loading of Job Search in a Non-Stationary Model

Cockx, Bart; Dejemeppe, Muriel; Launov, Andrey; Linden, … - CESifo - 2011

We develop and estimate a non-stationary job search model to evaluate a scheme that monitors job search effort and sanctions insured unemployed whose effort is deemed insufficient. The model reveals that such schemes provide incentives to the unemployed to front-load search effort prior to...

Persistent link: https://www.econbiz.de/10009371346

From Mine to Coast: Transport Infrastructure and The Direction of Trade in Developing Countries

Bonfatti, Roberto; Poelhekke, Steven - CESifo - 2013

Mine-related transport infrastructure specializes in connecting mines to the coast, and not so much to neighboring countries. This is most clearly seen in developing countries, whose transport infrastructure was originally designed to facilitate the export of natural resources in colonial times....

Persistent link: https://www.econbiz.de/10010634078

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 free to move and wages are bargained over. Job-seekers choose between searching locally or searching in both regions. Search-matching externalities are amplified by the latter...

Persistent link: https://www.econbiz.de/10011272629

Investment in Broadband Infrastructure Under Local Deregulation: Evidence from the U.K. Broadband Market

Fabritz, Nadine; Falck, Oliver - CESifo - 2013

This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of the wholesale broadband access market. Using a panel dataset covering all 5,598 exchange areas in the United Kingdom, we exploit regional differences in deregulation following a...

Persistent link: https://www.econbiz.de/10010877989

Tax Me If You Can! Optimal Nonlinear Income Tax between Competing Governments

Lehmann, Etienne; Simula, Laurent; Trannoy, Alain - CESifo - 2013

margin. The skill distribution is continuous, and, for each skill level, the distribution of migration cost is also … migration is decreasing in the skill level. When the semi-elasticity of migration is increasing in the skill level, either … negative. Numerical simulations are calibrated using plausible values of the semi-elasticity of migration for top income …

Persistent link: https://www.econbiz.de/10010877657

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