Showing 1 - 10 of 112
In the standard moral hazard model, withholding of effort by the agent is not observable to the principal. We argue that this assumption has to be changed in applications that study corruption. The overwhelming majority of cases where corrupt politicians have been punished involve the detection...
Persistent link: https://www.econbiz.de/10005125887
This paper considers the dynamics of child income poverty in New Zealand. Annual movements into and out of poverty by … research on family dynamics.New Zealand adult and child poverty transitions are compared. Child poverty transitions in New … similar current income measure of poverty is available. The frequency of poverty “trigger events” in New Zealand and their …
Persistent link: https://www.econbiz.de/10005134624
The privatization of agriculture in Azerbaijan started in the mid 1990s, while the pace of privatization in the country differs. Some Rayons have privatized almost all of the former state-owned agricultural land while others hold a wait and see strategy. The agricultural administration observes...
Persistent link: https://www.econbiz.de/10005407696
Recently municipal household income has been estimated with spatial econometrics techniques explicitly including spatial autocorrelation in the econometric models. Spatial econometric tools have highly improved the explicative and predictive capacity of the models and more effort must be done in...
Persistent link: https://www.econbiz.de/10005556266
Objectives. This paper analyzes the relationship between Palestinian suicide bombings and economic and political conditions from 1993 to 2001. Labor market conditions could affect the number of terror attacks because when the economy worsens, the opportunity cost of engaging in suicide terrorism...
Persistent link: https://www.econbiz.de/10005076534
equities, we examine equilibrium unemployment. While a mechanism of an efficiency wage brings about nominal wage rigidity …, unemployment occurring in our model definitely has Keynesian features. For instance, a reduction in wages rather enhances … unemployment through a decrease in consumption. In addition, our paper shows a possibility of Pareto improvement through an …
Persistent link: https://www.econbiz.de/10005076693
unemployment, undue instability, and excess debt. …
Persistent link: https://www.econbiz.de/10005076719
unemployment. The public sector is decomposed into general government and an unfunded pension system with a tax benefit linkage … effects. They strengthen labor supply both in terms of job search intensity, leading to lower unemployment rates, and hours …
Persistent link: https://www.econbiz.de/10005125671
Examines the incidence and adjustment experiences of workers who are displaced by economic change. Since the mid-1970s, the aggregate annual rate of retrenchment has fluctuated in a counter-cyclical pattern around a relatively stable long-term trend of about 5 per cent. The paper shows that the...
Persistent link: https://www.econbiz.de/10005125741
Are certain groups of unemployed individuals hurt less by unemployment than others? This paper is an attempt to test … the hypothesis that non- pecuniary costs of unemployment may vary between societies with different unemployment rates … related to unemployment for South African adults as to be expected in richer countries. Reported well-being levels are shown …
Persistent link: https://www.econbiz.de/10005125760