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Heterogeneous Productivity in Voluntary Public Good Provision: An Experimental Analysis
Fellner, Gerlinde; Iida, Yoshio; Kröger, Sabine; Seki, … - Institute for the Study of Labor (IZA) - 2011
vary. The experiment implements two marginal return types, low and high, and uses the information that members have about … the heterogeneity to identify the applied contribution norm. If agents are aware of the heterogeneity, contributions … aware of the heterogeneity but contributions cannot be linked to types. Our results underline the importance of the …
Persistent link: https://www.econbiz.de/10008868135
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Policy Relevant Heterogeneity in the Value of Statistical Life: New Evidence from Panel Data Quantile Regressions
Kniesner, Thomas J.; Viscusi, W. Kip; Ziliak, James P. - Institute for the Study of Labor (IZA) - 2009
regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects the estimated VSL. Our …
Persistent link: https://www.econbiz.de/10008527320
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New Estimates of the Value of a Statistical Life Using Air Bag Regulations as a Quasi-Experiment
Rohlfs, Chris; Sullivan, Ryan; Kniesner, Thomas J. - Institute for the Study of Labor (IZA) - 2012
Due to Federal regulations, automobile air bag availability was a model-specific discontinuous function of model year for used vehicles in the 1990s and early 2000s. We use these discontinuities and the gradual increase in the supply of air bags to trace out the demand curve for air bags and the...
Persistent link: https://www.econbiz.de/10011252272
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Willingness to Accept Equals Willingness to Pay for Labor Market Estimates of the Value of Statistical Life
Kniesner, Thomas J.; Viscusi, W. Kip; Ziliak, James P. - Institute for the Study of Labor (IZA) - 2012
Our research clarifies the conceptual linkages among willingness to pay for additional safety, willingness to accept less safety, and the value of statistical life (VSL). We present econometric estimates that in the important case of workers' decisions concerning exposure to fatal injury risk...
Persistent link: https://www.econbiz.de/10011096076
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Access to Higher Education and Inequality: The Chinese Experiment
Wang, Xiaojun; Fleisher, Belton M.; Li, Haizheng; Li, Shi - Institute for the Study of Labor (IZA) - 2007
We apply a semi-parametric latent variable model to estimate selection and sorting effects on the evolution of private returns to schooling for college graduates during China’s reform between 1988 and 2002. We find that there were substantial sorting gains under the traditional system, but...
Persistent link: https://www.econbiz.de/10005703075
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In Search of Stars: Network Formation among Heterogeneous Agents
Goeree, Jacob K.; Riedl, Arno; Ule, Aljaz - Institute for the Study of Labor (IZA) - 2005
common knowledge and treatments where agents' types are private information. In all treatments, the (efficient) equilibrium … increase over time. Our results suggest that agents' heterogeneity is a major determinant for the predominance of star …
Persistent link: https://www.econbiz.de/10005703123
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The Effect of Search Frictions on Wages
den Berg, Gerard J. van; van Vuuren, Aico - Institute for the Study of Labor (IZA) - 2003
Labor market theories allowing for search frictions make marked predictions on the effect of the degree of frictions on wages. Often, the effect is predicted to be negative. Despite the popularity of these theories, this has never been tested. We perform tests with matched worker-firm data. The...
Persistent link: https://www.econbiz.de/10005703143
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Heterogeneous Life-Cycle Profiles, Income Risk and Consumption Inequality
Primiceri, Giorgio; van Rens, Thijs - Institute for the Study of Labor (IZA) - 2007
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10005703321
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Duration Dependence in the Exit Rate out of Unemployment in Belgium: Is It True or Spurious?
Cockx, Bart; Dejemeppe, Muriel - Institute for the Study of Labor (IZA) - 2002
On the basis of aggregate data for the early nineties, we analyse the determinants of unemployment duration for laid-off male workers in Wallonia (Belgium). Our results demonstrate that if ranking in recruitment occurs, the standard Mixed Proportional Hazard specification can be too restrictive,...
Persistent link: https://www.econbiz.de/10005703427
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Firm Productivity Dispersion and the Matching Role of UI Policy
Blumkin, Tomer; Hadar, Yossi; Yashiv, Eran - Institute for the Study of Labor (IZA) - 2005
This paper studies optimal UI policy from the perspective of worker assignment to heterogenous jobs in an environment of random matching. Workers react to UI policy through job acceptance decisions; firms react to UI policy through wage posting. There is endogenous assortative matching as a...
Persistent link: https://www.econbiz.de/10005703461