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Riphahn, Regina T.; Schnitzlein, Daniel D. - Institute for the Study of Labor (IZA) - 2011

This article studies the long run patterns and explanations of wage mobility as a characteristic of regional labor markets. Using German administrative data we describe wage mobility since 1975 in West and since 1992 in East Germany. Wage mobility declined substantially in East Germany in the...

Persistent link: https://www.econbiz.de/10009416948

Who Suffers the Penalty? A Panel Data Analysis of Earnings Gaps in Vietnam

Nguyen, Huu Chi; Nordman, Christophe Jalil; Roubaud, … - Institute for the Study of Labor (IZA) - 2013

In spite of its predominant economic weight in developing countries, little is known about the informal sector earnings structure compared to that of the formal sector. Taking advantage of the VHLSS dataset in Vietnam, in particular its three wave panel data (2002, 2004, 2006), we assess the...

Persistent link: https://www.econbiz.de/10011212747

Intergenerational Wealth Mobility in Rural Bangladesh

Asadullah, Niaz - Institute for the Study of Labor (IZA) - 2011

Unique residential history data with retrospective information on parental assets are used to study household wealth mobility in 141 villages in rural Bangladesh. Regression estimates of father-son correlations and analyses of intergenerational transition matrices show substantial persistence in...

Persistent link: https://www.econbiz.de/10009246702

Choosing the Field of Study in Post-Secondary Education: Do Expected Earnings Matter?

Beffy, Magali; Fougère, Denis; Maurel, Arnaud - Institute for the Study of Labor (IZA) - 2009

This paper examines the determinants of the choice of the major when the length of studies is uncertain, by using a framework in which students entering post-secondary education are assumed to anticipate their future earnings. For that purpose, we use French data coming from the 1992 and 1998...

Persistent link: https://www.econbiz.de/10005822972

The Complexity of Economic Policy: I. Restricted Local Optima in Tax Policy Design

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2002

Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I...

Persistent link: https://www.econbiz.de/10005822405

Do I Have What It Takes? Equilibrium Search with Type Uncertainty and Non-Participation

Falk, Armin; Huffman, David; Sunde, Uwe - Institute for the Study of Labor (IZA) - 2006

This paper presents a model of the labor market in which unemployed workers are uncertain about their relative ability to find a job. Unsuccessful search induces individuals to revise their beliefs downwards. Once self-confidence is sufficiently low, workers become discouraged and give up on...

Persistent link: https://www.econbiz.de/10005822513

Information and Beliefs in a Repeated Normal-Form Game

Fehr, Dietmar; Kübler, Dorothea; Danz, David N. - Institute for the Study of Labor (IZA) - 2008

feedback as the main driving force of learning to play strategically and to form beliefs that accurately predict the behavior …

Persistent link: https://www.econbiz.de/10005822932

Social Reciprocity

Carpenter, Jeffrey; Matthews, Peter Hans - Institute for the Study of Labor (IZA) - 2004

We define social reciprocity as the act of demonstrating one's disapproval, at some personal cost, for the violation of widely-held norms (e.g., don't free ride). Social reciprocity differs from standard notions of reciprocity because social reciprocators intervene whenever a norm is violated...

Persistent link: https://www.econbiz.de/10005823004

Learning about Education

Emerson, Patrick M.; McGough, Bruce - Institute for the Study of Labor (IZA) - 2011

levels. This paper builds a model of human capital and growth that incorporates an adaptive learning mechanism to capture the …, the learning mechanism, influenced by the agents' priors and cultural bias, may impart low human capital investment for … extended periods. Policies that can speed up the learning process are examined and it is found that faster rates of growth can …

Persistent link: https://www.econbiz.de/10009149147

Dynamic Incentive Contracts under Parameter Uncertainty

Prat, Julien; Jovanovic, Boyan - Institute for the Study of Labor (IZA) - 2010

We analyze a long-term contracting problem involving common uncertainty about a parameter capturing the productivity of the relationship, and featuring a hidden action for the agent. We develop an approach that works for any utility function when the parameter and noise are normally distributed...

Persistent link: https://www.econbiz.de/10008727782