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Demography, Capital Flows and Unemployment
Marchiori, Luca; Pierrard, Olivier; Sneessens, Henri R. - Institute for the Study of Labor (IZA) - 2011
unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past …
Persistent link: https://www.econbiz.de/10009371176
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Offshoring and Unemployment
Mitra, Devashish; Ranjan, Priya - Institute for the Study of Labor (IZA) - 2007
In this paper, in order to study the impact of offshoring on sectoral and economywide rates of unemployment, we … construct a two sector general equilibrium model in which labor is mobile across the two sectors, and unemployment is caused by … search frictions. We find that, contrary to general perception, wage increases and sectoral unemployment decreases due to …
Persistent link: https://www.econbiz.de/10005761824
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Is Rationing in the Microfinance Sector Determined by the Microfinance Type? Evidence from Ghana
Diaz-Serrano, Luis; Sackey, Frank Gyimah - Institute for the Study of Labor (IZA) - 2015
This study sets out to examine the extent to which access to credit and credit rationing are influenced by the microfinance type based on the major factors determining micro, small and medium enterprises' access to credit from microfinance institutions in the era of financial liberalization. The...
Persistent link: https://www.econbiz.de/10011265661
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A Constitutional Theory of the Family
Cigno, Alessandro - Institute for the Study of Labor (IZA) - 2005
The paper re-examines the idea that a family can be viewed as a community governed by a self-enforcing constitution, and extends existing results in two directions. First, it identifies circumstances in which a constitution is renegotiation-proof. Second, it introduces parental altruism. The...
Persistent link: https://www.econbiz.de/10005762141
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Trade, Wages, and Productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - Institute for the Study of Labor (IZA) - 2008
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10005822765
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Optimal Spatial Taxation: Are Big Cities Too Small?
Eeckhout, Jan; Guner, Nezih - Institute for the Study of Labor (IZA) - 2015
We analyze the role of optimal income taxation across different local labor markets. Should labor in large cities be taxed differently than in small cities? We find that a planner who needs to raise revenue and is constrained by free mobility of labor across cities does not choose equal taxes...
Persistent link: https://www.econbiz.de/10011165592
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Evaluating Labor Market Reforms: A General Equilibrium Approach
Alonso-Borrego, César; Fernández-Villaverde, Jesús; … - Institute for the Study of Labor (IZA) - 2004
Job security provisions are commonly invoked to explain the high and persistent European unemployment rates. This … both its unemployment and its share of fixed-term employment are the highest. We find that fixedterm contracts increase … unemployment, reduce output, and raise productivity. The welfare effects are ambiguous. …
Persistent link: https://www.econbiz.de/10005762388
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Local Labor Markets
Moretti, Enrico - Institute for the Study of Labor (IZA) - 2010
I examine the causes and the consequences of differences in labor market outcomes across local labor markets within a country. The focus is on a long-run general equilibrium setting, where workers and firms are free to move across localities and local prices adjust to maintain the spatial...
Persistent link: https://www.econbiz.de/10008568283
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Real Wage Inequality
Moretti, Enrico - Institute for the Study of Labor (IZA) - 2008
A large literature has documented a significant increase in the return to college over the past 30 years. This increase is typically measured using nominal wages. I show that from 1980 to 2000, college graduates have increasingly concentrated in metropolitan areas that are characterized by a...
Persistent link: https://www.econbiz.de/10005233774
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Beware of Workaholics: Household Preferences and Individual Equilibrium Utility
Gersbach, Hans; Haller, Hans - Institute for the Study of Labor (IZA) - 2005
This paper analyzes the effects of sociological changes in the form of a shift of influence within two-member households participating in labor and product markets. The most striking effects occur when household members differ in individual preferences and enjoy positive leisure-dependent...
Persistent link: https://www.econbiz.de/10005703771