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In this study we derive a structural econometric model of learning by doing with multiproduct competition from a dynamic oligopoly game. We show the importance to account for multiproduction effects through product differentiation when measuring learning by doing. Using quarterly firm-level data...
Persistent link: https://www.econbiz.de/10005497705
Persistent link: https://www.econbiz.de/10004967976
inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what … matters for normative evaluation. In response to this counter, we ask what pattern of intergenerational mobility leads to … as identical prospects irrespective of starting position. We find that this is not necessarily the mobility pattern which …
Persistent link: https://www.econbiz.de/10011252615
This paper examines whether the expansion of higher education has reduced inequality by providing more opportunities for students from less privileged backgrounds to attend university or further entrenched existing inequalities. Drawing on Maximally Maintained Inequality theory and Relative Risk...
Persistent link: https://www.econbiz.de/10008515765
contract interpretation, while US regional labour markets are characterized by high regional mobility, rendering insurance less …
Persistent link: https://www.econbiz.de/10005124289
implies absence of consumption mobility between any two time periods. This implication requires knowledge of the evolution of … appropriate non-parametric test and find substantial mobility of consumption even controlling for possible preference shifts and …
Persistent link: https://www.econbiz.de/10005124364
systems of increasing factor mobility. In particular, we expect the extent of redistribution (both intra- and … intergenerational) in national pension systems to decrease. The latter result should hold true even in the presence of mobility limited … of mobility: not only mobility at the beginning of the working life, but also mobility during the working career and …
Persistent link: https://www.econbiz.de/10005136425
In this paper, I analyse the development of inter-regional mobility in the Czech Republic during the transition from … transition, regional disparities in unemployment rates and earnings have increased. More importantly, labour mobility has little …
Persistent link: https://www.econbiz.de/10005136748
Migration is an investment: it involves fixed, unrecoverable costs and uncertain future returns. If migration can be postponed, the option value of doing so may have positive value. Migration may not occur for a range of individuals who would otherwise migrate on a net present value basis. This...
Persistent link: https://www.econbiz.de/10005067485
, INSEE, and builds a time series on various mobility indices for the first time. Using six mobility concepts, we chart wage … mobility trends for the working population and compare mobility rates in various population subgroups differentiated by gender …, and education. We then compare mobility trends over time for each population subgroup. Next, we relate the extent of …
Persistent link: https://www.econbiz.de/10005497808