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The Choice of Institutions: The Role of Risk and Risk-Aversion

Weinhold, Diana; Zak, Paul J. - EconWPA - 2005

Institutions can affect individual behavior both via their efficiency impact and via their risk reducing mechanisms. However there has been little study of the relative importance of these two channels in how individuals choose between simultaneously extant institutions. This paper presents a...

Persistent link: https://www.econbiz.de/10005118909

CIRCULAR VARIABLE WORK IN PROCESS

Vildosola, Luis - EconWPA - 2002

This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...

Persistent link: https://www.econbiz.de/10005126234

Immigrants Equilibrate Local Labor Markets: Evidence from the Great Recession

Cadena, Brian C.; Kovak, Brian K. - National Bureau of Economic Research (NBER) - 2013

This paper demonstrates that low-skilled Mexican-born immigrants' location choices in the U.S. respond strongly to changes in local labor demand, and that this geographic elasticity helps equalize spatial differences in labor market outcomes for low-skilled native workers, who are much less...

Persistent link: https://www.econbiz.de/10011234896

Effects of Low-Skilled Immigration on U.S. Natives: Evidence from Hurricane Mitch

Kugler, Adriana; Yuksel, Mutlu - National Bureau of Economic Research (NBER) - 2008

In the 1980s the composition of immigrants to the U.S. shifted towards less-skilled workers. Around this time, real wages and employment of younger and less-educated U.S. workers fell. Some blame recent immigration shifts for the misfortunes of unskilled workers in the U.S. OLS estimates using...

Persistent link: https://www.econbiz.de/10005830132

Estimating the Employer Switching Costs and Wage Responses of Forward-Looking Engineers

Fox, Jeremy - National Bureau of Economic Research (NBER) - 2009

I estimate the relative magnitudes of worker switching costs and how much the employer switching of experienced engineers responds to outside wage offers. Institutional features imply that voluntary turnover dominates switching in the market for Swedish engineers from 1970--1990. I use data on...

Persistent link: https://www.econbiz.de/10005109524

Effects of Business Cycles on Labour Market Assimilation of Immigrants

Aydemir, Abdurrahman - EconWPA - 2003

This study addresses the effects of macroeconomic conditions on the labour market outcomes of immigrants. It simultaneously identifies the separate effects of macro conditions at the time of entry to the labour market and at the time of the survey, while allowing for cohort effects. Also, for...

Persistent link: https://www.econbiz.de/10005408346

Effects of Business Cycles on Labour Market Assimilation of Immigrants

Aydemir, Abdurrahman - EconWPA - 2003

Persistent link: https://www.econbiz.de/10005408360

Explaining the Deteriorating Entry Earnings of Canada’s Immigrant

Aydemir, Abdurrahman; Skuterud, Mikal - EconWPA - 2004

The study explores causes of the deterioration in entry earnings of Canadian immigrant cohorts by estimating an … pooled sample of Canadian-born and immigrant men employed full-year, full-time from the complete 20 percent samples of the … recent immigrant cohorts. We also find little or no evidence that declining returns to foreign education are responsible …

Persistent link: https://www.econbiz.de/10005408361

The Effects of High-Skilled Immigration on Firms: Evidence from H-1B Visa Lotteries

Doran, Kirk; Gelber, Alexander; Isen, Adam - National Bureau of Economic Research (NBER) - 2014

We study the effect of a firm winning an additional H-1B visa on the firm’s outcomes, by comparing winning and losing firms in the Fiscal Year 2006 and 2007 H-1B visa lotteries. We match administrative data on the participants in these lotteries to the universe of approved U.S. patents, and to...

Persistent link: https://www.econbiz.de/10011196772

The Nature of Countercyclical Income Risk

Guvenen, Fatih; Song, Jae; Ozkan, Serdar - National Bureau of Economic Research (NBER) - 2012

This paper studies the cyclical nature of individual income risk using a confidential dataset from the U.S. Social Security Administration, which contains (uncapped) earnings histories for millions of individuals. The base sample is a nationally representative panel containing 10 percent of all...

Persistent link: https://www.econbiz.de/10011271386

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