Showing 1 - 10 of 44
This paper is concerned with the realism of mechanisms that implement social choice functions in the traditional sense …
Persistent link: https://www.econbiz.de/10005772028
We perform an experimental test of Maskin's canonical mechanism for Nash implementation, using 3 subjects in non-repeated groups, as well as 3 outcomes, states of nature, and integer choices. We find that this mechanism succesfully implements the desired outcome a large majority of the time and...
Persistent link: https://www.econbiz.de/10005772110
This paper studies the equilibrating process of several implementation mechanisms using naive adaptive dynamics. We … way we cast some doubt on the criticism of ``complexity'' commonly used against this mechanism. For mechanisms that use … implementation with refined equilibrium concepts have claimed that the mechanisms they propose are ``simple'' and implement …
Persistent link: https://www.econbiz.de/10005772289
This paper considers a job search model where the environment is not stationary along the unemployment spell and where jobs do not last forever. Under this circumstance, reservation wages can be lower than without separations, as in a stationary environment, but they can also be initially higher...
Persistent link: https://www.econbiz.de/10005704901
This paper studies the duration pattern of …xed-term contracts and the determinants of their conversion into permanent ones in Spain, where the share of …xed-term employment is the highest in Europe. We estimate a duration model for temporary employment, with competing risks of terminating...
Persistent link: https://www.econbiz.de/10005704927
In the mid-1980s, many European countries introduced fixed-term contracts. Since then their labor markets have become more dynamic. This paper studies the implications of such reforms for the duration distribution of unemployment, with particular emphasis on the changes in the duration...
Persistent link: https://www.econbiz.de/10005772148
We propose a new econometric estimation method for analyzing the probability of leaving unemployment using uncompleted spells from repeated cross-section data, which can be especially useful when panel data are not available. The proposed method-of-moments-based estimator has two important...
Persistent link: https://www.econbiz.de/10005772241
This paper examines unemployed workers' declared willingness to work for a wage lower than the one warranted by their qualification. We analyze which personal and economic characteristics determine this willingness and how it changes as unemployment spells lengthen. Moreover, we also study the...
Persistent link: https://www.econbiz.de/10005772418
This paper reviews what has increased medical-care spending bought in terms of health benefits with longitudinal data from the U.S and, more limited, from Spain. Health services contribution to health has been positive in average, especially during the last 50 years for the U.S and the last 30...
Persistent link: https://www.econbiz.de/10005704842
This paper shows how recently developed regression-based methods for the decomposition of health inequality can be extended to incorporate heterogeneity in the responses of health to the explanatory variables. We illustrate our method with an application to the GHQ measure of psychological...
Persistent link: https://www.econbiz.de/10005708010