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This note provides an extensive survey of studies estimating steady-state labor supply elasticities for Western Europe and the US. Differences are driven by the heterogeneity in work preferences across countries and by methodological difference across studies (data, selection or model estimation...
Persistent link: https://www.econbiz.de/10010933859
We suggest the first large-scale international comparison of labor supply elasticities for 17 European countries and the US, separately by gender and marital status, with measurement differences netted out by using a harmonized empirical approach and comparable data sources. We find that...
Persistent link: https://www.econbiz.de/10010933900
-term forecasts, due to constant elasticity to gross domestic product these models assume. In this paper we argue that traffic … maturity results from decreasing marginal utility of transport. The elasticity of individual mobility with respect to the … revenue tends to decrease when the level of mobility increases. In order to find evidences of decreasing elasticity we analyse …
Persistent link: https://www.econbiz.de/10008790680
This paper examines the impact of international remittances on both the level and the instability of government tax revenue in receiving countries. It investigates in particular whether the presence of a value added tax (VAT) system increases the benefit of the inflows of remittances in terms of...
Persistent link: https://www.econbiz.de/10008793925
Se miden las ganancias potenciales de eficiencia de cinco fusiones de bancos, producidas entre 2005 y 2011, analizándolas con la metodología de análisis envolvente de datos. Dadas las divergencias entre modelos de rendimientos constantes y variables, se testean rendimientos para discernir...
Persistent link: https://www.econbiz.de/10010930238
agents affect outcomes and efficiency. Informational asymmetries generate inefficiency. In an environment where principals … principals. In contrast, when agents compete to be hired, efficiency improves dramatically, and it increases in the relative …
Persistent link: https://www.econbiz.de/10009220690
This paper investigates the impact of ownership structure and contractual choices on technical efficiency in the French … frontier methodology.The econometric results corroborate our proposition: the technical efficiency of urban public transport …
Persistent link: https://www.econbiz.de/10010750357
banking crisis, the post-crisis period should be the time for recovering efficiency. Moreover, traditional banking theory …
Persistent link: https://www.econbiz.de/10010750383
efficiency and local uniqueness of the competitive equilibrium hold. On the contrary, for lower values of the share of first …
Persistent link: https://www.econbiz.de/10010750993
Bi-cooperative games were introduced by Bilbao et al. as a generalization of TU cooperative games, in which each player can participate positively, negatively, or not at all. In this paper, we propose a definition of a share of the worth obtained by some players after they decided on their...
Persistent link: https://www.econbiz.de/10010738682