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Ethnic Networks and International Trade
Epstein, Gil S.; Gang, Ira N. - Institute for the Study of Labor (IZA) - 2004
There is a well-established high quality literature on the role of networks, particularly ethnic networks, in international trade. Ethnic networks are a way of overcoming informal barriers (information costs, risk and uncertainty) to trade by building trust and substituting for the difficulty of...
Persistent link: https://www.econbiz.de/10005763717
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Why is Old Workers' Labor Market More Volatile? Unemployment Fluctuations over the Life-Cycle
Hairault, Jean-Olivier; Langot, François; Sopraseuth, … - Institute for the Study of Labor (IZA) - 2014
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
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Old Money, the Nouveaux Riches and Brunhilde's Marriage Strategy
Bronsert, Anne-Kathrin; Glazer, Amihai; Konrad, Kai A. - Institute for the Study of Labor (IZA) - 2014
A woman assessing the wealth of a potential husband may observe some, but not all, of his wealth. She may screen, leading to status consumption and wasteful gift giving. The screening activity is costly not only for the potential husband, but also for the woman, as it reduces the wealth of the...
Persistent link: https://www.econbiz.de/10010884244
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The Impact of Internet Diffusion on Marriage Rates: Evidence from the Broadband Market
Bellou, Andriana - Institute for the Study of Labor (IZA) - 2013
The Internet has the potential to reduce search frictions by allowing individuals to identify faster a larger set of …
Persistent link: https://www.econbiz.de/10010887066
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Immigration, Search, and Redistribution: A Quantitative Assessment of Native Welfare
Battisti, Michele; Felbermayr, Gabriel; Peri, Giovanni; … - Institute for the Study of Labor (IZA) - 2014
We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of … in two thirds of countries, contrary to what models without search frictions predict. Average total gains from …
Persistent link: https://www.econbiz.de/10010959659
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Equilibrium Unemployment and Retirement
Hairault, Jean-Olivier; Langot, François; Zylberberg, Andre - Institute for the Study of Labor (IZA) - 2012
not; the existence of search externalities makes the retirement age of unemployed workers intrinsically suboptimal …
Persistent link: https://www.econbiz.de/10011279299
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Employment and Hours over the Business Cycle in a Model with Search Frictions
Kudoh, Noritaka; Miyamoto, Hiroaki; Sasaki, Masaru - Institute for the Study of Labor (IZA) - 2015
This paper studies a labor market search-matching model with multi-worker firms to investigate how firms utilize the …
Persistent link: https://www.econbiz.de/10011228303
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Unemployment and Endogenous Reallocation over the Business Cycle
Carrillo-Tudela, Carlos; Visschers, Ludo - Institute for the Study of Labor (IZA) - 2013
labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously …
Persistent link: https://www.econbiz.de/10010812034
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On the Optimality of Search Matching Equilibrium When Workers Are Risk Averse
Lehmann, Etienne; Van der Linden, Bruno - Institute for the Study of Labor (IZA) - 2004
This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility … and second when search effort is not observable. To decentralize these optima, employees should be unable to extract a …
Persistent link: https://www.econbiz.de/10005703087
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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