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The Credibility Problem in Unemployment Insurance Policy

Dur, Robert A.J. - Tinbergen Institute - 1999

If distortions in the labour market lead to inefficiently high

Persistent link: https://www.econbiz.de/10005281964

Risk Aversion under Preference Uncertainty

Kraeussl, Roman; Lucas, Andre; Siegmann, Arjen - Tinbergen Institute - 2010

their risk aversion parameter invest less in risky assets than wealthy investors with identical risk aversion uncertainty. …

Persistent link: https://www.econbiz.de/10008752910

Investment, Expectations and Uncertainty: Empirical Evidence on the Relevance of Firm Size

Koetse, Mark J.; Vlist, Arno J. van der; Groot, Henri … - Tinbergen Institute - 2003

This paper analyses the effect of uncertainty on investment spending. We analyse two types of investment, i ….e. aggregate investment and investment in energy saving technologies, using subjective evaluations of expectations and uncertainty … of general investment spending. Furthermore, expectations and uncertainty have important although different effects on …

Persistent link: https://www.econbiz.de/10005450775

Strategic Wage Setting and Coordination Frictions with Multiple Applications

Gautier, Pieter A.; Moraga-González, José L. - Tinbergen Institute - 2004

We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...

Persistent link: https://www.econbiz.de/10005209482

Life Satisfaction Differences between Workers and Non-Workers - The Value of Participation per se

Praag, Bernard M.S. van; Ferrer-i-Carbonell, Ada - Tinbergen Institute - 2002

Is working more than monetary income? This paper attempts to give an answer to this question on the basis of the German Socio-economic Panel data set. By comparing the satisfaction with life between workers and non-workers with the same household income, the monetary value of participating in...

Persistent link: https://www.econbiz.de/10005209443

Trade Reform and Labor Market Dynamics

Botman, Dennis P.J.; Tieman, Alexander F. - Tinbergen Institute - 1999

We present an equilibrium-search model with heterogenous workers who search for a job in one of two sectors and who lose part of their skills during unemployment. We show that an import tariff increase the wage and the employment prospects in the protected sector. This results in a labor market...

Persistent link: https://www.econbiz.de/10005136869

Premium Differentiation in the Unemployment Insurance System and the Demand for Labor

Alessie, Rob J.M.; Bloemen, Hans - Tinbergen Institute - 2000

, labor adjustment costs (hiring and firing costs) are linear. The model allows for uncertainty in the business cycle. …

Persistent link: https://www.econbiz.de/10005137239

Panel Data Estimates of the Production Function and Product and Labor Market Imperfections

Dobbelaere, Sabien; Mairesse, Jacques - Tinbergen Institute - 2009

Embedding the efficient bargaining model into the R. Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function and their corresponding shares in revenue. This...

Persistent link: https://www.econbiz.de/10005144471

Imports as Product and Labour Market Discipline

Boulhol, Hervé; Dobbelaere, Sabien; Maioli, Sara - Tinbergen Institute - 2009

This paper tests the pro-competitive effect of trade in the product and labour markets of UK manufacturing sectors between 1988 and 2003 using a two-stage estimation procedure. In the first stage, we use data on 9820 firms from twenty manufacturing sectors to simultaneously estimate mark-up and...

Persistent link: https://www.econbiz.de/10005137034

Product Market Competition and Trade Union Structure

Beniers, Klaas J.; Dur, Robert A.J. - Tinbergen Institute - 2003

Trade unions tend to reduce the dispersion of wages among their members. Skilled workers may therefore have an incentive to separate from an encompassing union and organize into a separate craft union. In this paper, we examine a theoretical model to gain insight into the determinants of the...

Persistent link: https://www.econbiz.de/10005504928