Showing 1 - 10 of 38
sensitivity of estimated treatment effects with respect to unobserved heterogeneity or failure of the common support condition …
Persistent link: https://www.econbiz.de/10005703025
method to investigate the sensitivity issue under the unconfoundedness assumption. We find that the estimates are not … speciously robust in the sense that the treatment effects are consistently overestimated or underestimated. Sensitivity checks …
Persistent link: https://www.econbiz.de/10005762292
A number of studies have examined the implications of preference interdependence. This paper models utility as depending on other people’s consumption levels and shows that welfare declines with inequality, equilibrium inequality is inefficient, and the optimal intervention leads to a more...
Persistent link: https://www.econbiz.de/10005700852
explained by growth in the use of factor inputs. We also find that median technical efficiency declined in all but one of the … industries between the two years, and change in technical efficiency explains a very small proportion in the change in gross …
Persistent link: https://www.econbiz.de/10005700947
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10005703404
that never yield an efficient allocation. Moreover, our results extend the efficiency of auction mechanisms to an …
Persistent link: https://www.econbiz.de/10005703500
equilibrium where workers mix between sending both applications to the high and both to the low productivity sector. Efficiency …
Persistent link: https://www.econbiz.de/10005703587
principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational … inefficiencies remain. In contrast, when agents compete to be hired, efficiency improves dramatically, and it increases in the …
Persistent link: https://www.econbiz.de/10005703707
issue of labour market flexibility in transition countries by studying the optimality and efficiency of labour usage among … by value-added and capital stock. Speed of adjustment and labour use optimality and efficiency show much greater … the efficiency of labour usage. On average there is shortage of labour compared to firms’ own optimal level, while over …
Persistent link: https://www.econbiz.de/10005762198
This paper examines the change in operating and financial performance of Swedish firms that were either partly or fully privatized during the period of 1989-2007. Two different methods are used to empirically investigate the performance of privatized firms. First, accounting data prior to and...
Persistent link: https://www.econbiz.de/10005762205