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Rejecting Capital-Skill Complementarity at all Costs
Frondel, Manuel; Schmidt, Christoph M. - Institute for the Study of Labor (IZA) - 2001
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as … substitutability. The standard approach reflecting this idea is a translog specification - this is also the approach used by numerous … hypothesis, the degree of substitutability between skilled labor and capital is lower than that for unskilled labor and capital …
Persistent link: https://www.econbiz.de/10005703222
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The Catalysing Role of In-House R&D in Fostering the Complementarity of Innovative Inputs
Vivarelli, Marco; Catozzella, Alessandra - Institute for the Study of Labor (IZA) - 2007
complementarity and substitutability relationships, depending both on the typology of the targeted innovation output and on the …
Persistent link: https://www.econbiz.de/10005822404
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The Substitutability of Labor of Selected Ethnic Groups in the US Labor Market
Kahanec, Martin - Institute for the Study of Labor (IZA) - 2006
This paper investigates the substitutability of labor of selected ethnic groups in the US labor market. In the …
Persistent link: https://www.econbiz.de/10005822462
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The Mechanisms of Alcohol Control
Carpenter, Christopher S.; Dobkin, Carlos; Warman, Casey - Institute for the Study of Labor (IZA) - 2014
is known about mechanisms. We use the universe of Canadian mortality records to document that Canada's Minimum Legal …
Persistent link: https://www.econbiz.de/10011105048
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The Stability of Big-Five Personality Traits
Cobb-Clark, Deborah A.; Schurer, Stefanie - Institute for the Study of Labor (IZA) - 2011
We use a large, nationally-representative sample of working-age adults to demonstrate that personality (as measured by the Big Five) is stable over a four-year period. Average personality changes are small and do not vary substantially across age groups. Intra-individual personality change is...
Persistent link: https://www.econbiz.de/10009283590
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Two Economists’ Musings on the Stability of Locus of Control
Cobb-Clark, Deborah A.; Schurer, Stefanie - Institute for the Study of Labor (IZA) - 2011
Empirical studies of the role of non-cognitive skills in driving economic behavior often rely heavily on the assumption that these skills are stable over the relevant time frame. We analyze the change in a specific non-cognitive skill, i.e. locus of control, in order to directly assess the...
Persistent link: https://www.econbiz.de/10008924609
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Education and Optimal Dynamic Taxation
Findeisen, Sebastian; Sachs, Dominik - Institute for the Study of Labor (IZA) - 2011
optimum. In one implementation there is a common labor income tax schedule, and a repayment schedule for government loans …
Persistent link: https://www.econbiz.de/10009359855
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Hidden Action, Identification, and Organization Design
Schnedler, Wendelin - Institute for the Study of Labor (IZA) - 2010
Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...
Persistent link: https://www.econbiz.de/10008727777
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Some Practical Guidance for the Implementation of Propensity Score Matching
Caliendo, Marco; Kopeinig, Sabine - Institute for the Study of Labor (IZA) - 2005
Propensity Score Matching (PSM) has become a popular approach to estimate causal treatment effects. It is widely … researcher has decided to use PSM, he is confronted with a lot of questions regarding its implementation. To begin with, a first … decision has to be made concerning the estimation of the propensity score. Following that one has to decide which matching …
Persistent link: https://www.econbiz.de/10005703025
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Modes of Spousal Interaction and the Labor Market Environment
Boca, Daniela Del; Flinn, Christopher J. - Institute for the Study of Labor (IZA) - 2006
We formulate a model of household behavior in which cooperation is costly and in which these costs vary across households. Some households rationally decide to behave noncooperatively, which in our context is an efficient outcome. An intriguing feature of the model is that, while the welfare of...
Persistent link: https://www.econbiz.de/10005703244