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belief has led several countries to reform their labor markets and liberalize the use of fixed-term contracts. Despite how …. To fill this gap, we build a general equilibrium model with heterogeneous agents and firing costs in the tradition of …
Persistent link: https://www.econbiz.de/10012467160
adverse selection, switching costs, and regulation. I first document novel evidence of adverse selection and switching costs … the importance of switching costs for risk-sorting, and for policies that may affect risk sorting. I first find that in … Part D, switching costs help sustain an adversely-selected equilibrium and are likely to mute the ability of ACA policies …
Persistent link: https://www.econbiz.de/10012457128
This paper evaluates changes in fuel procurement practices by coal- and gas-fired power plants in the United States following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated plants substantially reduce the price paid for coal (but...
Persistent link: https://www.econbiz.de/10012458556
and concentration and recovers shocks to entry costs. We validate our approach by showing that the model-implied entry … shocks correlate with independently constructed measures of entry regulation and M&A activities. We conclude that entry costs …
Persistent link: https://www.econbiz.de/10012479562
evaluate using a unique reform. In 2005, Hungary switched from a single-step UI system to a two-step system, with unchanged …
Persistent link: https://www.econbiz.de/10012456418
Coal mined on federally managed lands accounts for approximately 40% of U.S. coal consumption and 13% of total U.S. energy-related CO2 emissions. The U.S. Department of the Interior is undertaking a programmatic review of federal coal leasing, including the climate effects of burning federal...
Persistent link: https://www.econbiz.de/10012456461
their innovations. Upon the reform, Norway moved toward the typical U.S. model, where the university holds majority rights … patenting rates by university researchers after the reform. Quality measures for university start-ups and patents also decline …
Persistent link: https://www.econbiz.de/10012456617
This volume collects a series of essays by prominent economists on each of the major means-tested, or welfare, programs in the United States: the Medicaid, Earned Income Tax Credit, Supplemental Nutrition Assistance, Temporary Assistance for Needy Families, Supplemental Security Income,...
Persistent link: https://www.econbiz.de/10012456920
prediction of tort reform - that it should induce individuals to take more care - and show that industry-specific tort reforms …
Persistent link: https://www.econbiz.de/10012457497
We measure the aggregate effect of unemployment benefit duration on employment and the labor force. We exploit the variation induced by Congress' failure in December 2013 to reauthorize the unprecedented benefit extensions introduced during the Great Recession. Federal benefit extensions that...
Persistent link: https://www.econbiz.de/10012457782