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explain the effects of entry-year electricity prices on subsequent energy intensity. We discuss how this “technology lock …
Persistent link: https://www.econbiz.de/10014083318
Marriage and divorce decisions are influenced by the institutional environment they are made in. One example is the social insurance system, which acts as a substitute for within-household insurance against economic shocks. In this paper, we quantify the importance of household-level insurance...
Persistent link: https://www.econbiz.de/10012824595
We develop a model where firms profit from coercing workers into employment under conditions violating national law and international conventions and where bureaucrats benefit from accepting bribes from detected perpetrators. Firms and bureaucrats are heterogeneous. Employers differ in their...
Persistent link: https://www.econbiz.de/10012859047
The emergence of competition is a defining aspect of human nature and characterizes many important social environments. However, its relationship with how social groups are formed has received little attention. We design an experiment to analyze how individuals' willingness to compete is...
Persistent link: https://www.econbiz.de/10012866401
We analyze equally competitive spouses competing for promotion in their respective workplaces and show that an asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare-superior to the symmetric equilibrium are highlighted. By...
Persistent link: https://www.econbiz.de/10013293277
In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers’ career progression may also depend on their relative rankings in dimensions a priori unrelated to their job performance, such as visibility or in-person presence. Such...
Persistent link: https://www.econbiz.de/10014345961
technological progress and changes in factor prices. The equilibrium technology is multi-dimensional and not strongly factor …
Persistent link: https://www.econbiz.de/10012836938
incentives with social incentives and find that the bias in technology adoption depends crucially on whether the non …
Persistent link: https://www.econbiz.de/10012822500
that if the technology is already advanced and competition intensifies then firms wouldn't innovate. The dynamic … interaction we attempt to capture and explain is the one of technology with the possibility of innovation via the intensity of …
Persistent link: https://www.econbiz.de/10012824572
theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries …This paper studies the origins and consequences of international technology gaps. I develop an endogenous growth model … where R&D efficiency varies across countries and productivity differences emerge from firm-level technology investments. The …
Persistent link: https://www.econbiz.de/10012866618