Showing 1 - 7 of 7
This paper provides an analysis of the European Commission (EC) decisions on state aid control using data on 550 state aid cases approved by the EC between 1998 and 2009. More specifically, we measure the determinants of the duration of state aid, total budget of state aid and daily budget of...
Persistent link: https://www.econbiz.de/10011092928
In this paper we estimate a New-Keynesian DSGE model with heterogeneity in price and wage setting behavior. In a recent …) framework by incorporating heterogeneity in nominal wage setting behavior among households. We solve this DSGE model and … heterogeneity in wage rigidity, such as the persistence in price and the wage inflation, which a standard New Keynesian model with …
Persistent link: https://www.econbiz.de/10011220495
relatively homogeneous sample, we find that the inverted-U-shaped curve is quite sensitive to the degree of heterogeneity … allowing for enough heterogeneity is essential to prevent spurious correlation from reduced-form panel estimations …
Persistent link: https://www.econbiz.de/10011090701
A fundamental identification problem in program evaluation arises when idiosyncratic gains from participation and the treatment decision depend on each other. Imbens and Angrist (1994) were the first to exploit a monotonicity condition in order to identify a local average treatment effect...
Persistent link: https://www.econbiz.de/10011091226
Covert organizations are constantly faced with a tradeoff between secrecy and operational efficiency. Lindelauf, Borm and Hamers (2008) developed a theoretical framework to deter- mine optimal homogeneous networks taking the above mentioned considerations explicitly into account. In this paper...
Persistent link: https://www.econbiz.de/10011091539
We consider a voluntary contributions game, in which players may punish others after contributions are made and observed. The productivity of contributions, as captured in the marginal-per-capita return, differs among individuals, so that there are two types: high and low productivity. Every two...
Persistent link: https://www.econbiz.de/10011092305
.A test for heterogeneity in returns from sequential schooling decisions is developed and expressions for Marginal Treatment …
Persistent link: https://www.econbiz.de/10011092488