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Setting the Bar - An Experimental Investigation of Immigration Requirements
Khadjavi, Menusch; Tjaden, Jasper D. - Institut für Weltwirtschaft (IfW) - 2014
Many Western countries face the challenge of reconciling future labor demand with growing public opposition to immigration. The dynamics and underlying processes of setting immigration requirements remain unclear as research so far mainly focuses on context-specific empirical studies. We use a...
Persistent link: https://www.econbiz.de/10010886860
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Rules for the Global Environment
Siebert, Horst - Institut für Weltwirtschaft (IfW) - 2008
The paper looks at the global environment as a public good and as a sink for CO2-emissions. It discusses problems to be solved in institutional arrangements to protect global environmental media and looks at criteria for allocating the costs of emission reduction and emission rights. It analyzes...
Persistent link: https://www.econbiz.de/10005700537
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(S,s) pricing: Does the heterogeneity wipe out the asymmetry on micro level?
Babutsidze, Zakaria - Institut für Weltwirtschaft (IfW) - 2010
This paper presents a model of asymmetric (S,s) pricing. We investigate whether the asymmetry on micro level is carried … conclude that the first type of asymmetry can be attributed to the differences in adjustment bands and that heterogeneity … softens this effect. The second type of asymmetry is the result of pricing behavior, thus of agent heterogeneity itself. …
Persistent link: https://www.econbiz.de/10008597181
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The Ugly and the Bad: Banking and Housing Crises Strangle Output Permanently, Ordinary Recessions Do Not
Hogrefe, Jens; Jannsen, Nils; Meier, Carsten-Patrick - Institut für Weltwirtschaft (IfW) - 2010
This paper provides statistical evidence suggesting that in industrial countries, recessions that are associated with either banking crises or housing crises dampen output far more than ordinary recessions. Using a parametric panel framework that allows for a bounceback of the level of output in...
Persistent link: https://www.econbiz.de/10008540816