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Warrant Economics, Call-Put Policy Options and the Fallacies of Economic Theory
Hatgioannides, John; Karanassou, Marika - Institute for the Study of Labor (IZA) - 2011
In this paper we aim to trace the roots of the ongoing economic mayhem and to unmask the chorus of the tragedy which plays on the world stage. The main thesis of our work is that, despite the triumphant rhetoric praising the merits of perfect competition, the global fields of the dysfunctional...
Persistent link: https://www.econbiz.de/10009416932
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Competition vs. Monopoly in the Religious Marketplace: Judaism in the United States and Israel
Chiswick, Carmel U. - Institute for the Study of Labor (IZA) - 2013
ideas. The "Sacred Canopy" paradigm views it necessary for social stability to grant monopoly power to an official state …. Judaism in Israel illustrates the outcome in a monopoly experiencing potential competition, possibly leading to an oligopoly …
Persistent link: https://www.econbiz.de/10010607502
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Ethnic Discrimination in China's Internet Job Board Labor Market
Maurer-Fazio, Margaret - Institute for the Study of Labor (IZA) - 2012
We conduct a large‐scale field experiment to investigate how Chinese firms respond to job applications from ethnic minority and Han applicants for jobs posted on a large Chinese Internet job board. We denote ethnicity by means of names that are typically Han Chinese and distinctively...
Persistent link: https://www.econbiz.de/10010990933
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Anonymous Job Applications in Europe
Krause, Annabelle; Rinne, Ulf; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2012
Numerous empirical studies find a substantial extent of discrimination in hiring decisions. Anonymous job applications … have gained attention and popularity to identify and combat this form of discrimination. To test whether their intended …
Persistent link: https://www.econbiz.de/10010990936
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Does It Pay to Work for Free? Wage Returns and Gender Differences in the Market for Volunteers
Cozzi, Guido; Mantovan, Noemi; Sauer, Robert M. - Institute for the Study of Labor (IZA) - 2013
Working as a volunteer is a widespread phenomenon that has both individual and societal benefits. In this paper, we identify the wage returns to working for free by exploiting exogenous variation in rainfall across local area districts in England, Scotland and Wales. Instrumental variables...
Persistent link: https://www.econbiz.de/10010884078
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Attention Discrimination: Theory and Field Experiments with Monitoring Information Acquisition
Bartos, Vojtech; Bauer, Michal; Chytilová, Julie; … - Institute for the Study of Labor (IZA) - 2014
We link two important ideas: attention is scarce and lack of information about an individual drives discrimination in … "attention discrimination": less attention in highly selective cherry-picking markets, where more attention helps applicants, and … persistence of discrimination in selection decisions, returns to human capital and, potentially, for policy. …
Persistent link: https://www.econbiz.de/10010884110
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Assimilation, Criminality and Ethnic Conflict
Dasgupta, Indraneel; Mukherjee, Diganta - Institute for the Study of Labor (IZA) - 2014
We examine the consequences, of integrating large minorities into productivity-relevant majority ethno-linguistic norms, for distribution, ethnic conflict and crime. We develop a two-community model where such assimilation generates social gains by: (a) facilitating economic interaction, and (b)...
Persistent link: https://www.econbiz.de/10010884175
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Customer Discrimination and Employment Outcomes: Theory and Evidence from the French Labor Market
Combes, Pierre-Philippe; Decreuse, Bruno; Laouénan, Morgane - Institute for the Study of Labor (IZA) - 2014
-specific preferences, economy-wide employer discrimination, and customer discrimination in jobs in contact with customers. The outcomes of … the model allow us to build a test of ethnic discrimination in general and customer discrimination in particular. We run … there is both ethnic and customer discrimination in the French labor market. …
Persistent link: https://www.econbiz.de/10010884373
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Motherhood Wage Penalty in Times of Transition
Nizalova, Olena Y.; Sliusarenko, Tamara - Institute for the Study of Labor (IZA) - 2013
decreased productivity/effort, and discrimination. Earlier literature provides a range of estimates from an up to 20% wage …
Persistent link: https://www.econbiz.de/10010889995
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The Timing of Preference and Prejudice in Sequential Hiring Games
Waddell, Glen R.; Lee, Logan M. - Institute for the Study of Labor (IZA) - 2014
an independent signal of the candidate's productivity. We introduce the potential for taste-based discrimination and …
Persistent link: https://www.econbiz.de/10010959532