Showing 1 - 10 of 10
moments of the data over the lifecycle. The key challenge for the model is to generate declining inequality in annual hours … observed cross-sectional inequality in labor supply and consumption and may have quantitative relevance for analyses that …
Persistent link: https://www.econbiz.de/10009318186
We extend simple search-theoretic models of crime, unemployment and inequality to incorporate on-the-job search. This …
Persistent link: https://www.econbiz.de/10005126719
We examine an economy in which the cost of consuming some goods can be reduced by making commitments that reduce flexibility. We show that such consumption commitments can induce consumers with risk-neutral underlying utility functions to be risk averse over small variations in income, but...
Persistent link: https://www.econbiz.de/10005020645
We examine an economy in which the cost of consuming some goods can be reduced by making commitments to consumption levels independent of the state. For example, it is cheaper to produce housing services via owner-occupied than rented housing, but the transactions costs associated with the...
Persistent link: https://www.econbiz.de/10005126712
We examine an economy in which the cost of consuming some goods can be reduced by making commitments that reduce flexibility. We show that such consumption commitments can induce consumers with risk-neutral underlying utility functions to be risk averse over small variations in income, but...
Persistent link: https://www.econbiz.de/10005102092
We examine an economy in which the cost of consuming some goods can be reduced by making commitments that reduce flexibility. We show that such consumption commitments can induce consumers with risk-neutral underlying utility functions to be risk averse over small variations in income, but...
Persistent link: https://www.econbiz.de/10005109598
(english) The aim of this study is to analyze the impact of education on labor market entry, particularly on earnings in the two largest cities of the Republic of Congo. We examine firsthand data from the 2009 Congo's Employment and Informal Sector Survey (Enquête sur l’emploi et le secteur...
Persistent link: https://www.econbiz.de/10009368578
(english) Democratic Republic of Congo has known dramatic events for the last three decades. Statistical social economic data did not exist really or not available in the period. The Labour force survey, the first phase of the 1-2-3 survey, carried out in 2004-2005 and conducted by the National...
Persistent link: https://www.econbiz.de/10005094531
(english) The second wave of the 1-2-3 survey was carried out in the Democratic Republic of Congo in 2012. It allows for important insights on basic socio-economic indicators for the first time since the first wave was carried out in 2004-2005. The present survey differs from the previous one in...
Persistent link: https://www.econbiz.de/10011166133
There is much discussion of the relationships between crime, inequality, and unemployment. We construct a model where … interesting implications. For example, it can lead to wage inequality among homogeneous workers. Also, it can generate multiple …, inequality, and unemployment. We discuss the effects of anti-crime policies like changing jail sentences, as well as more …
Persistent link: https://www.econbiz.de/10005126677