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Turning Unemployment into Self-Employment: Effectiveness and Efficiency of Two Start-Up Programmes
Baumgartner, Hans J.; Caliendo, Marco - Institute for the Study of Labor (IZA) - 2007
notoriously low selfemployment rate. Empirical evidence on the effectiveness of such programmes is scarce. The contribution of the … present paper is twofold: first, we evaluate the effectiveness of two start-up programmes for the unemployed. Our outcome … the results of this analysis, we conduct an efficiency analysis, i.e., we estimate whether the Federal Employment Agency …
Persistent link: https://www.econbiz.de/10005761814
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Efficiency in a Matching Model with Heterogeneous Agents: Too Many Good or Bad Jobs?
Blázquez, Maite; Jansen, Marcel - Institute for the Study of Labor (IZA) - 2003
This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … production technologies. Finally, in an extension we derive a tax scheme that restores efficiency and we show how workers …
Persistent link: https://www.econbiz.de/10005822529
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Financial Sector Assessment Program Update : Republic of Kazakhstan - Bank Profitability and Competition
World Bank - 2013
context of competition in the banking sector. In spite of significant gains in efficiency made in recent years, operational … costs and provisioning for loan losses remain high compared to some other economies. Profitability of the aggregate banking …
Persistent link: https://www.econbiz.de/10012560002
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Wage Determination and Imperfect Competition
Booth, Alison L. - Institute for the Study of Labor (IZA) - 2014
A striking feature of the past few decades has been the development of wage-determination models that assume that labour markets are imperfectly competitive. This paper discusses two such models (trade unions and oligopsony), although there are many more. It also asks if imperfectly competitive...
Persistent link: https://www.econbiz.de/10010959709
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Labour Demand Research: Towards a Better Match between Better Theory and Better Data
Addison, John T.; Portugal, Pedro; Varejão, José - Institute for the Study of Labor (IZA) - 2014
At first blush, most advances in labour demand were achieved by the late 1980s. Since then progress might appear to have stalled. We argue to the contrary that significant progress has been made in understanding labour market frictions and imperfections, and in modelling search behaviour and...
Persistent link: https://www.econbiz.de/10010959736
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Strategic Wage Setting and Coordination Frictions with Multiple Applications
Gautier, Pieter A.; Moraga-González, José L. - Institute for the Study of Labor (IZA) - 2004
socially excessive number of applications; and (vii) the only way to obtain efficiency is to impose a mandatory wage that …
Persistent link: https://www.econbiz.de/10005703111
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Relational Contracts and the Nature of Market Interactions
Brown, Martin; Falk, Armin; Fehr, Ernst - Institute for the Study of Labor (IZA) - 2003
We provide evidence that long-term relationships between trading parties emerge endogenously in the absence of third party enforcement of contracts and are associated with a fundamental change in the nature of market interactions. Without third party enforcement, the vast majority of trades are...
Persistent link: https://www.econbiz.de/10005703546
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On Price-Setting for Identtical Products in Markets without Formal Trade Barriers
Hassink, Wolter H.J.; Schettkat, Ronald - Institute for the Study of Labor (IZA) - 2001
This paper investigates price-setting for truly homogenous products sold in markets without any formal trade barriers. We use data from IKEA, a furniture company selling identical products in an identical shopping environment in different EU countries. We get four remarkable outcomes: 1) The law...
Persistent link: https://www.econbiz.de/10005822372
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Interpreting Prediction Market Prices as Probabilities
Wolfers, Justin; Zitzewitz, Eric - Institute for the Study of Labor (IZA) - 2006
While most empirical analysis of prediction markets treats prices of binary options as predictions of the probability of future events, Manski (2004) has recently argued that there is little existing theory supporting this practice. We provide relevant analytic foundations, describing sufficient...
Persistent link: https://www.econbiz.de/10005762416
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Playing 'Hard to Get': An Economic Rationale for Crowding Out of Intrinsically Motivated Behavior
Schnedler, Wendelin; Vanberg, Christoph - Institute for the Study of Labor (IZA) - 2014
Anecdotal, empirical, and experimental evidence suggests that offering extrinsic rewards for certain activities can reduce people's willingness to engage in those activities voluntarily. We propose a simple rationale for this 'crowding out' phenomenon, using standard economic arguments. The...
Persistent link: https://www.econbiz.de/10010773919