Showing 1 - 10 of 114
empirically, about the properties of charity auctions. The small theoretical literature suggests that the all-pay auction should … by the first price auction. Our design also allows us to identify differential participation as the source of the … difference between existing theory and the field. To conclude, we show that a model of charity auctions augmented by an …
Persistent link: https://www.econbiz.de/10005762357
When a multi-plant firm must close one unit due to declining demand it can choose between two alternatives. On the one hand, the firm can announce a certain span of time in which the plants are evaluated according to relative performance with the least performing plant being shut down in the end...
Persistent link: https://www.econbiz.de/10008547892
Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of...
Persistent link: https://www.econbiz.de/10010884226
This study provides updated evidence on the union contract differential in Germany using establishment-wide wage data and two estimation strategies. It provides pairwise estimates of the union differential based on separate samples of collective bargaining leavers and joiners vis-à-vis the...
Persistent link: https://www.econbiz.de/10010884306
Many commonly used treatment effects estimators rely on the unconfoundedness assumption ("selection on observables") which is fundamentally non-testable. When evaluating the effects of labor market policies, researchers need to observe variables that affect both treatment participation and labor...
Persistent link: https://www.econbiz.de/10010884355
bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German …
Persistent link: https://www.econbiz.de/10010959640
With the growth of the Internet, online job portals have become an important medium for job matching. This paper …
Persistent link: https://www.econbiz.de/10010959663
As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement decisions at the individual level: unemployed people are more likely to retire. Our main objective in this paper is then to propose an equilibrium unemployment approach to...
Persistent link: https://www.econbiz.de/10011279299
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when … communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …, but incomplete specialization in marriage. It also captures well-known matching patterns in each of these sectors …
Persistent link: https://www.econbiz.de/10011279354
participation in terms of employment probabilities, earnings, and career prospects after the completion of training using a matching …
Persistent link: https://www.econbiz.de/10005233846