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Cost Structure Analysis Under Disequilibrium: Price, Scale, Efficiency and Capacity Utilisation Effects.

Sarkis, Z. - Department of Economics, Oxford University - 1999

of firm-level heterogeneity in technical and allocative efficiency levels. FDM is implemented on a G-5 banking dataset …

Persistent link: https://www.econbiz.de/10005047831

Trade, skill-biased technical change and wages in Mexican manufacturing

Caselli, Mauro - Department of Economics, Oxford University - 2010

This paper analyses and quantifies the effects of trade liberalisation and skill-biased technical change, both exogenous and trade-induced, on the skill premium and real wages of unskilled and skilled workers in the Mexican manufacturing sector, using industry- and firm-level data for 1984-1990...

Persistent link: https://www.econbiz.de/10011004125

Asymmetric Information and Adverse Selection

Jewitt, Ian; Leaver, Clare; Bar-Isaac, Heski - Department of Economics, Oxford University - 2014

efficiency. We adopt Akerlof's (1970) unit-demand model extended to a setting with multidimensional public and private … information. Adverse selection and efficiency are defined quantitatively as real valued random variables. We characterize how … efficiency. These results are applied to inform welfare and empirical analysis and, in an employer learning setting, to study …

Persistent link: https://www.econbiz.de/10011004465

Modelling income processes with lots of heterogeneity

Browning, Martin; Ejrnaes, Mette - Department of Economics, Oxford University - 2006

All empirical models of earnings processes in the literature assume a good deal of homogeneity. In contrast to this we model earnings processes allowing for lots of heterogeneity between agents. We also introduce an extension to the linear ARMA model that allows that the initial convergence to...

Persistent link: https://www.econbiz.de/10005047875

IS THERE A GROWTH-UNEMPLOYMENT TRADE-OFF?.

Toche, P. - Department of Economics, Oxford University - 2001

Why might there be a long-run trade-off between growth and unemployment? In general equilibrium, the returns on the factors of production are interdependent. This paper develops a model where the determination of the wage is central to the evolution of these incentives. The incentive to hire...

Persistent link: https://www.econbiz.de/10005047919

Urban Insiders versus Rural Outsiders: Complementarity or Competition in China`s Urban Labour Market?

Knight, John; Yueh, Linda - Department of Economics, Oxford University - 2004

In China urban residents have traditionally been protected against labour market competition from rural-urban migrants. Over the period of urban economic reform, rural-urban migration was allowed to increase in order to fill the employment gap as growth of labour demand outstripped that of the...

Persistent link: https://www.econbiz.de/10005090619

The Role of Social Capital in the Labour Market in China

Knight, John; Yueh, Linda - Department of Economics, Oxford University - 2002

Social capital is thought to play an economic role in the labour market. It may be particularly pertinent in one that is in transition from an administered to a market-oriented system. One factor that may determine success in the underdeveloped Chinese labour market is thus guanxi, the Chinese...

Persistent link: https://www.econbiz.de/10005051173

The Nature of Employment in India's Services Sector: Exploring the Heterogeneity

Nayyar, Gaurav - Department of Economics, Oxford University - 2009

For some observers, the dramatic growth of the services sector in India reflects rapid strides made by educated professionals. Some others see it as the expansion of an employer of last resort. Given this heterogeneity, the object of the paper is to analyze the nature of employment being...

Persistent link: https://www.econbiz.de/10008481991

Private Sector Wages and Poverty in Ghana: 1988-1998

Teal, Francis - Department of Economics, Oxford University - 2000

population. There is evidence that high rates of inflation and low investment are two factors explaining these falls in real …

Persistent link: https://www.econbiz.de/10010604922

How Flexible are Wages in Response to Local Unemployment in South Africa?

Kingdon, Geeta; Knight, John - Department of Economics, Oxford University - 2005

It is commonly claimed that the South African labor market is unusually inflexible owing to the strength of the unions and the system of centralized collective bargaining. One aspect of labor market inflexibility concerns the responsiveness of wages to local unemployment. Examining this spatial...

Persistent link: https://www.econbiz.de/10010605106