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On the Strategic Disclosure of Feasible Options in Bargaining
de Clippel, Geoffroy; Eliaz, Kfir - C.E.P.R. Discussion Papers - 2011
Most of the economic literature on bargaining has focused on situations where the set of possible outcomes is taken as … before they bargain over which of them is selected. Our objective is to understand how different bargaining institutions … affect the incentives to disclose possible solutions to the bargaining problem, where inefficiency may arise when both …
Persistent link: https://www.econbiz.de/10008854532
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The Dynamics of Repeat Migration: A Markov Chain Analysis
Constant, Amelie; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2003
While the literature has established that there is substantial and highly selective return migration, the growing importance of repeat migration has been largely ignored. Using Markov chain analysis, this Paper provides a modelling framework for repeated moves of migrants between the host and...
Persistent link: https://www.econbiz.de/10005791455
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The Unobserved Heterogeneity Distribution in Duration Analysis
Abbring, Jaap H; den Berg, Gerard J van - C.E.P.R. Discussion Papers - 2007
In a large class of hazard models with proportional unobserved heterogeneity, the distribution of the heterogeneity among survivors converges to a gamma distribution. This convergence is often rapid. We derive this result as a general result for exponential mixtures and explore its implications...
Persistent link: https://www.econbiz.de/10005791803
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Early Retirement Behaviour in the Netherlands - Evidence from a Policy Reform
Euwals, Rob; van Vuuren, Daniel; Wolthoff, Ronald - C.E.P.R. Discussion Papers - 2006
In the early 1990s, the Dutch social partners agreed upon transforming the generous and actuarially unfair PAYG early retirement schemes into less generous and actuarially fair capital funded schemes. The starting dates of the transitional arrangements varied by industry sector. In this study,...
Persistent link: https://www.econbiz.de/10005792155
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Asymmetric Information and List Price Reductions in the Housing Market
de Wit, Erik; van der Klaauw, Bas - C.E.P.R. Discussion Papers - 2010
In housing markets with asymmetric information list prices may signal unobserved properties of the house or the seller. Asymmetric information is the starting point of many models for the housing market. In this paper, we estimate the causal effect of list-price reductions to test for the...
Persistent link: https://www.econbiz.de/10008468518
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Job Stability Trends, Layoffs and Transitions to Unemployment - An Empirical Analysis for West Germany
Bergemann, Annette; Mertens, Antje - C.E.P.R. Discussion Papers - 2004
This Paper studies the evolution of job stability in West Germany. Using data from the German Socio-Economic Panel, we first show that the median elapsed tenure declined for men between 1984 and 1999. Second, estimating proportional Cox hazard models with competing risks and controls for stock...
Persistent link: https://www.econbiz.de/10005136402
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Estimating the Probability of Leaving Unemployment Using Uncompleted Spells from Repeated Cross-Section Data
Güell, Maia; Hu, Luojia - C.E.P.R. Discussion Papers - 2003
We propose a new econometric estimation method for analysing the probability of leaving un-employment using uncompleted spells from repeated cross-section data, which can be especially useful when panel data are not available. The proposed method-of-moments-based estimator has two important...
Persistent link: https://www.econbiz.de/10005504490
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Swedish Labour Market Training and the Duration of Unemployment
Richardson, Katarina; den Berg, Gerard J van - C.E.P.R. Discussion Papers - 2006
The vocational employment training program is the most ambitious and expensive training program in Sweden and a cornerstone of labor market policy. We analyze its causal effects on the individual transition rate from unemployment to employment by exploiting variation in the timing of treatment...
Persistent link: https://www.econbiz.de/10005661564
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Fast Track or Failure: A Study of the Completion Rates of Graduate Students in Economics
Ridder, G; Ours, Jan C van - C.E.P.R. Discussion Papers - 2000
This paper presents an analysis of the failure and completion rates of graduate students in economics at three universities in The Netherlands. We find that an indicator of the research productivity of the supervisor is an important determinant of the completion and dropout rates. However, this...
Persistent link: https://www.econbiz.de/10005662211
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War Signals: A Theory of Trade, Trust and Conflict
Rohner, Dominic; Thoenig, Mathias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2011
We construct a dynamic theory of civil conflict hinging on inter-ethnic trust and trade. The model economy is … beliefs on the average propensity to trade of the other group. Since conflict disrupts trade, the onset of a conflict signals … after each conflict episode. Third, "accidental" conflicts that do not reflect economic fundamentals can lead to a permanent …
Persistent link: https://www.econbiz.de/10009003383