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Structural Reforms and the Exchange Rate Regime: A Panel Analysis for the World versus OECD Countries

Belke, Ansgar; Herz, Bernhard; Vogel, Lukas - Institute for the Study of Labor (IZA) - 2005

We test the significance of the relationship between the exchange rate regime and the degree of structural reforms by estimating panel regressions for a world and an OECD country sample. The empirical results suggest a positive correlation between on the one side the adoption of an exchange rate...

Persistent link: https://www.econbiz.de/10005762403

Employment, Exchange Rates and Labour Market Rigidity

Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - Institute for the Study of Labor (IZA) - 2010

There is increasing evidence that the interaction between shocks and labour market institutions is crucial to understanding the dynamics of employment. In this paper, we show that the inclusion of labour adjustment costs in a trade model affects the impact of exchange rate movements on...

Persistent link: https://www.econbiz.de/10008536005

Employment and Exchange Rates: The Role of Openness and Technology

Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - Institute for the Study of Labor (IZA) - 2009

Real exchange rate movements are important drivers of the reallocation of resources between sectors of the economy. Economic theory suggests that the impact of exchange rates should vary with the degree of exposure to international competition and with the technology level. This paper...

Persistent link: https://www.econbiz.de/10004999155

Manufacturing Employment and Exchange Rates in the Portuguese Economy: The Role of Openness, Technology and Labour Market Rigidity

Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - Institute for the Study of Labor (IZA) - 2010

In this paper, we explore empirically the role of openness, technology and labour market rigidity in the determination of the effect of the exchange rate on employment in Portugal. We develop an index that allows us to measure labour market flexibility at the sector level. This index shows that...

Persistent link: https://www.econbiz.de/10008684804

Seemingly Irrelevant Events Affect Economic Perceptions and Expectations: The FIFA World Cup 2006 as a Natural Experiment

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

Prominent economic theories have emphasized the role of commonly held perceptions and expectations for determining macroeconomic outcomes. A key empirical question is how such collectively held beliefs are formed. We use the FIFA World Cup 2006 as a natural experiment. We provide direct evidence...

Persistent link: https://www.econbiz.de/10005703189

Information and Competition Entry

Ewers, Mara - Institute for the Study of Labor (IZA) - 2012

This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …

Persistent link: https://www.econbiz.de/10011279246

Why Do People Pay for Useless Advice? Implications of Gambler's and Hot-Hand Fallacies in False-Expert Setting

Powdthavee, Nattavudh; Riyanto, Yohanes E. - Institute for the Study of Labor (IZA) - 2012

We investigated experimentally whether people can be induced to believe in a non-existent expert, and subsequently pay for what can only be described as transparently useless advice about future chance events. Consistent with the theoretical predictions made by Rabin (2002) and Rabin and Vayanos...

Persistent link: https://www.econbiz.de/10011279343

Media Exposure and Internal Migration: Evidence from Indonesia

Farré, Lídia; Fasani, Francesco - Institute for the Study of Labor (IZA) - 2011

under imperfect information, these findings are consistent with Indonesia citizens over-estimating the net gains from …

Persistent link: https://www.econbiz.de/10009325431

Do Public Health Interventions Crowd Out Private Health Investments? Malaria Control Policies in Eritrea

Carneiro, Pedro; Locatelli, Andrea; Ghebremeskel, Tewolde; … - Institute for the Study of Labor (IZA) - 2012

and use. Our evidence points to the role of imperfect information. The introduction of IRS may have made the problem of …

Persistent link: https://www.econbiz.de/10010839294

Have You Heard the News? How Real-Life Expectations React to Publicity

van der Wiel, Karen - Institute for the Study of Labor (IZA) - 2009

biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to … affect how people picture the future. This paper studies the role of public information dissemination, or publicity, in a …

Persistent link: https://www.econbiz.de/10004969323