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Direct and Indirect Treatment Effects: Causal Chains and Mediation Analysis with Instrumental Variables
Frölich, Markus; Huber, Martin - Institute for the Study of Labor (IZA) - 2014
effects (i) of education on health, which may be mediated by income, and (ii) of the Job Corps training program, which may …
Persistent link: https://www.econbiz.de/10010790509
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Age Biased Technical and Organisational Change, Training and Employment Prospects of Older Workers
Behaghel, Luc; Caroli, Eve; Roger, Muriel - Institute for the Study of Labor (IZA) - 2011
We analyse the role of training in mitigating the negative impact of technical and organizational changes on the … and innovative work practices negatively affects the wage bill share of older workers. In contrast, training older workers … more than average increases their share in the wage bill in the next period. So, training contributes to offset the …
Persistent link: https://www.econbiz.de/10008854771
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Laws and Norms
Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2012
This paper analyzes how private decisions and public policies are shaped by personal and societal preferences ("values"), material or other explicit incentives ("laws") and social sanctions or rewards ("norms"). It first examines how honor, stigma and social norms arise from individuals'...
Persistent link: https://www.econbiz.de/10009646323
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The Marginal Income Effect of Education on Happiness: Estimating the Direct and Indirect Effects of Compulsory Schooling on Well-Being in Australia
Powdthavee, Nattavudh; Lekfuangfu, Warn N.; Wooden, Mark - Institute for the Study of Labor (IZA) - 2013
Many economists and educators favour public support for education on the premise that education improves the overall well-being of citizens. However, little is known about the causal pathways through which education shapes people's subjective well-being (SWB). This paper explores the direct and...
Persistent link: https://www.econbiz.de/10011266182
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Bayesian Exploratory Factor Analysis
Conti, Gabriella; Frühwirth-Schnatter, Sylvia; … - Institute for the Study of Labor (IZA) - 2014
This paper develops and applies a Bayesian approach to Exploratory Factor Analysis that improves on ad hoc classical approaches. Our framework relies on dedicated factor models and simultaneously determines the number of factors, the allocation of each measurement to a unique factor, and the...
Persistent link: https://www.econbiz.de/10010884284
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Arbitration and Mediation: An Economic Perspective
Manzini, Paola; Mariotti, Marco - Institute for the Study of Labor (IZA) - 2002
This paper deals with the effects that intermediation has on strategic behaviour in negotiations. To this end, we use the tools of game theory to analyse how different institutional settings can provide specific strategic incentives and thereby condition the outcome of negotiations. We...
Persistent link: https://www.econbiz.de/10005822338
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The Economics of First-Contract Mediation
Dobbelaere, Sabien; Luttens, Roland Iwan - Institute for the Study of Labor (IZA) - 2013
This paper provides an economic foundation for non-binding mediation to stimulate first collective bargaining … agreements, as implemented in British Columbia since 1993. We show that the outcome of first-contract mediation is Pareto … profits under mediation coincide with the Owen values of the corresponding cooperative game with the coalitional structure …
Persistent link: https://www.econbiz.de/10010685860
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Education and Health: The Role of Cognitive Ability
Bijwaard, Govert; van Kippersluis, Hans; Veenman, Justus - Institute for the Study of Labor (IZA) - 2013
We aim to disentangle the relative contributions of (i) cognitive ability, and (ii) education on health and mortality using a structural equation model suggested by Conti et al. (2010). We extend their model by allowing for a duration dependent variable, and an ordinal educational variable. Data...
Persistent link: https://www.econbiz.de/10011201761
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Does Regional Training Supply Determine Employees' Training Participation?
Görlitz, Katja; Rzepka, Sylvi - Institute for the Study of Labor (IZA) - 2014
regional training supply and employees' training participation. Controlling for other regional factors such as the local … training participation is significantly higher in regions with many firms in the training supply market. The predictive power …
Persistent link: https://www.econbiz.de/10010884278
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How Could Germany Escape the Demographic Trap?
Kahlenberg, Christoph; Spermann, Alexander - Institute for the Study of Labor (IZA) - 2012
Demographic change is perceived as a threat for wealth rather than a challenge in Germany. The debate on skilled labor shortage is a proof for this view. The paper surveys the most important German studies on skilled labor shortage. Meanwhile, a consensus on solutions has emerged in academia....
Persistent link: https://www.econbiz.de/10010884393