Showing 1 - 10 of 28
We study many-to-one matchings, such as the assignment of students to colleges, where the students have preferences over the other students who would attend the same college. It is well known that the core of this model may be empty, without strong assumptions on agents' preferences. We...
Persistent link: https://www.econbiz.de/10005118580
Persistent link: https://www.econbiz.de/10005407524
This paper analyzes the effect of volatility in oil prices on the degree of asymmetry in the response of gasoline prices to oil price increases and decreases. Several time series measures of the asymmetry between the responses of gasoline prices to oil price increases and decreases and several...
Persistent link: https://www.econbiz.de/10005412951
Despite wide recognition of their significant role in explaining sustained growth and economic development, uncompensated knowledge spillovers have not yet been fully modeled with a microeconomic foundation. This paper illustrates the exchange of knowledge as well as its consequences for...
Persistent link: https://www.econbiz.de/10005556221
Recently, several studies have analysed active labour market policies by using a recently proposed matching estimator … matching approach per se is no panacea for solving all the problems of evaluation studies, but that its success depends …
Persistent link: https://www.econbiz.de/10005556790
both the vacancy- unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching … the matching model with sunk costs, vacancies react sluggishly to shocks, leading to highly realistic dynamics. …
Persistent link: https://www.econbiz.de/10005561342
Based on administrative data from the federal employment office in Germany, we apply matching techniques to estimate …
Persistent link: https://www.econbiz.de/10005125736
first half of the paper, I present an equilibrium matching model where heterogeneous workers and firms learn about match … yields an assortative matching result that predicts a negative correlation between estimated person and firm effects, which … matching model implies a specific structure for the error covariance. I exploit this structure to test whether earnings …
Persistent link: https://www.econbiz.de/10005125778
Persistent link: https://www.econbiz.de/10005125814
Participants in a market, buyers and sellers, may need the service of an intermediary who will put them into contact and give them information about their potential trading partner. The intermediary chooses what price it will charge to each side to have access to its service. It also chooses...
Persistent link: https://www.econbiz.de/10005134532