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Is Variation in Hours of Work Driven by Supply or Demand? Evidence from Finnish Manufacturing Industries
Böckerman, Petri; Jäntti, Markus - EconWPA - 2005
This paper uses panel data from 1989 to 1995 on blue-collar workers in Finnish manufacturing industries and their establishments to assess the extent to which hours of work are affected by individual or establishment characteristics - observed as well as unobserved. We argue that recent research...
Persistent link: https://www.econbiz.de/10005125720
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The Added Worker Effect and Intrahousehold Aspects of Unemployment
Serneels, Pieter - EconWPA - 2004
The added worker effect states that unemployment of a household member leads to an increase in labour supply of another … household member. This paper investigates whether there is such an effect in a developing country. We use a rich data set for … urban Ethiopia. We first give a brief description of who is unemployed within the household and find that they are mostly …
Persistent link: https://www.econbiz.de/10005407638
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Looking for the Workforce: the Elderly, Discouraged Workers, Minorities, and Students in the Baltic Labour Markets
Hazans, Mihails - EconWPA - 2005
This paper looks at the evolution of the labour markets in Estonia, Latvia, and Lithuania since the beginning of transition (in some respects since 1996/1998) until 2003, with a particular focus on labour force participation. How did labour supply in the Baltic countries respond to changes in...
Persistent link: https://www.econbiz.de/10005556766
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SAVINGS MOBILIZATION ROLE OF NIGERIAN COMMERCIAL BANKS:AN ANALYTICAL POLICY STUDY
NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2003
CAPITAL ACCUMULATION HAS BEEN EMPHASISED AS THE MAJOR FACTOR GOVERING THE RATE OF DEVELOPMENT. THIS STUDY THEREFORE AIMS EXPLORING IN THE LIGHT OF PAST TRENDS, THE ROLE AND SCOPE OF COMMERCIAL BANKS AS FINANCIAL INTERMEDIARIES IN MOBILIZING DOMESTIC SAVINGS FOR DEVELOPMENT AND THE CONSTRAINTS IN...
Persistent link: https://www.econbiz.de/10005076971
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Efficiency-Enhancing Signalling in the Samaritan's Dilemma
Lagerlof, Johan - EconWPA - 2002
Suppose an altruistic person, A, is willing to transfer resources to a second person, B, if B comes upon hard times. If B anticipates that A will act in this manner, B will save too little from both agents' point of view. This is the Samaritan's dilemma. The logic of the dilemma has been...
Persistent link: https://www.econbiz.de/10005077070
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Why pay extra? Tipping and the importance of social norms and feelings in economic theory
Azar, Ofer H. - EconWPA - 2005
Tipping is a multi-billion-dollar phenomenon that standard economic models find hard to explain. I discuss several aspects of tipping and divide tipping to six different categories: reward-tipping, price- tipping, tipping-in-advance, bribery-tipping, holiday-tipping and gift- tipping, and...
Persistent link: https://www.econbiz.de/10005134994
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Categorical Cognition: A Psychological Model of Categories and Identification in Decision Making
Fryer, Roland G.; Jackson, Matthew O. - EconWPA - 2002
This paper introduces a psychological notion of categorization into economics and derives its implications for economic decision making. We show, using a tractable model of social cognition, that a decision maker in (efficiently) assigning past experiences to categories, will sort experiences of...
Persistent link: https://www.econbiz.de/10005135029
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Relative Thinking Theory
Azar, Ofer H. - EconWPA - 2005
The article presents a theory that I denote “Relative Thinking Theory,” which claims that people consider relative differences and not only absolute differences when making various economics decisions, even in those cases where the rational model dictates that people should consider only...
Persistent link: https://www.econbiz.de/10005135074
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Missing Contracts: On the Rationality of not Signing a Prenuptial Agreement
Nicolo', Antonio; Tedeschi, Piero - EconWPA - 2004
Many couples do not sign prenuptial agreements, even though this often leads to costly and inefficient litigation in case of divorce. In this paper we show that strategic reasons may prevent agents from signing a prenuptial agreement. Partners which have high productivity in marital activities...
Persistent link: https://www.econbiz.de/10005407538
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Is the Structure of Happiness Equations the Same in Poor and Rich Countries? The Case of South Africa.
Powdthavee, Nattavudh - EconWPA - 2003
is detrimental to reported well-being, both at the individual- and household-level. Living standard indicators such as …
Persistent link: https://www.econbiz.de/10005407667