Showing 1 - 10 of 10
This paper analyses the determinants and correlates of different forms of migration, including circular, temporary and permanent. Using Moldovan data we show that age, education, number of children in a household and social as well as economic development in the region of origin play a crucial...
Persistent link: https://www.econbiz.de/10010658703
This paper assesses the relative importance of local labour market conditions and pupil educational attainment as primary determinants of the post-compulsory schooling decision. Using a nested logit model we formally incorporate the structured and sequential decision process pupils engage with....
Persistent link: https://www.econbiz.de/10009371901
(agriculture). Our focus is mainly on the costs associated with congestion and pollution as well the impact of under-priced energy … indicative estimates of the external costs of energy subsidies, as manifested in congestion and pollution. Our estimates using …
Persistent link: https://www.econbiz.de/10011220719
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005703158
and wages move in the same direction under neo-classical assumptions, agglomeration economies in production, congestion in … congestion in production or the agglomeration in consumption models. The micro-economics of such consumption … thus suggest that consumption-oriented agglomeration and congestion should receive more attention in the future. …
Persistent link: https://www.econbiz.de/10005822201
Urbanization economies – the effects on productivity and utility created endogenously by larger cities – are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast...
Persistent link: https://www.econbiz.de/10008469719
-specific human capital, corporate culture, power, or favoritism. We examine this issue using a sample of Danish mergers. Controlling …
Persistent link: https://www.econbiz.de/10005233916
After a merger, company officials face the challenge of making compensation schemes uniform and of redesigning teams with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate the relationship between executive pay and performance...
Persistent link: https://www.econbiz.de/10005703548
and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of … trade freeness, (ii) the possibility of rent appropriation on world markets, and (iii) direct "synergy" effects of mergers …. Cross-border M&A is privately and socially more attractive than domestic mergers. National competition policy may be too …
Persistent link: https://www.econbiz.de/10005822177
We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may not be prone to "economic patriotism". A...
Persistent link: https://www.econbiz.de/10005763853