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Asymmetric information renders minimum wages less harmful
Schöb, Ronnie; Thum, Marcel - 2009
information. -- minimum wages ; unemployment ; asymmetric information ; labour market regulation …
Persistent link: https://www.econbiz.de/10003833327
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Educational and wage risk : social insurance vs. quality of education
Schindler, Dirk; Weigert, Benjamin - 2008
In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled sector, successful graduation depends both on individual effort to study and on public resources. We show that insuring the present risks is a dichotomic task: Wage risk is...
Persistent link: https://www.econbiz.de/10003806025
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Wage risk and the skill premium
Slavík, Ctirad; Yazici, Hakki - 2020
The skill premium has increased significantly in the United States in the last five decades. During the same period, individual wage risk has also increased. This paper proposes a mechanism through which a rise in wage risk increases the skill premium. Intuitively, a rise in uninsured wage risk...
Persistent link: https://www.econbiz.de/10012263817
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Market structure, technology spillovers, and persistence in productivity differentials
Cheung, Yin-Wong; Pascual, Antonio I. Garcia - 2001
determinants of cross-country differences in the persistence of productivity differentials Specifically, we focus on the effects of … convergence rates. Consistent with theories, the persistence of productivity differentials is found to be positively correlated …, productivity convergence appears to be enhanced by human capital but deterred by government spending. …
Persistent link: https://www.econbiz.de/10011399314
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Ideas production and international knowledge spillovers : digging deeper into emerging countries
Luintel, Kul Bahadur; Khan, Mosahid - 2017
context, we examine ideas production and international knowledge spillovers in a panel of 31 EMEs by accounting for six … diffusion channels and two types (national versus USPTO) of patent filings. Knowledge spillovers to EMEs accruing from (i) the …) those within the regional clusters of EMEs, are modeled. Spillovers from the industrialized world appear robust via …
Persistent link: https://www.econbiz.de/10011752254
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A novel modeling framework for quantifying spatial spillovers on total factor productivity growth and its components
Skevas, Ioannis - In: American journal of agricultural economics 105 (2023) 4, pp. 1221-1247
Persistent link: https://www.econbiz.de/10014364357
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International spillovers of quality regulations
Macedoni, Luca; Weinberger, Ariel - 2024
This paper investigates the positive international spillover effects of non-discriminatory product regulations, such as quality standards. We incorporate regulations into a multi-country general equilibrium framework with firm heterogeneity and variable markups. We model regulations as a...
Persistent link: https://www.econbiz.de/10015048984
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Offshoring and skill-upgrading in French manufacturing : a Heckscher-Ohlin-Melitz view
Carluccio, Juan; Cuñat, Alejandro; Fadinger, Harald; … - 2015
fixed offshoring costs. In the skill-abundant country, high-productivity firms offshore a larger range of labor …-intensive inputs to the labor-abundant countries than low-productivity firms. Differently from the traditional versions of factor … intensity across firms that is positively correlated with firm productivity. Using French firm-level data for the years 1996 to …
Persistent link: https://www.econbiz.de/10011346866
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Quality of life in a dynamic spatial model
Ahlfeldt, Gabriel M.; Bald, Fabian; Roth, Duncan; … - 2020
We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatial equilibrium. Exploiting this novel feature of the model, we show that the...
Persistent link: https://www.econbiz.de/10012388100
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Optimal taxation of risky human capital
Jacobs, Bas; Schindler, Dirk; Yang, Hongyan - 2009
In a model with ex-ante homogenous households, earnings risk and a general earnings function, we derive the optimal linear labor tax rate and optimal linear education subsidies. The optimal income tax trades off social insurance against incentives to work and to invest in human capital....
Persistent link: https://www.econbiz.de/10003806742