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A Congestion Theory of Unemployment Fluctuations
Mercan, Yusuf; Schoefer, Benjamin; Sedlacek, Petr - 2021
finding jobs expands. On net, unemployment rises only becauseeven more workers lose their jobs. We propose a theory of …
Persistent link: https://www.econbiz.de/10013314859
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Robust Information Aggregation Through Voting
Midjord, Rune - 2019
Numerous theoretical studies have shown that information aggregation through voting is fragile. We consider a model of information aggregation with vote-contingent payoffs and generically characterize voting behavior in large committees. We use this characterization to identify the set of...
Persistent link: https://www.econbiz.de/10012866804
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Market for Information and Selling Mechanisms
Bounie, David - 2020
We investigate the strategies of a data intermediary selling consumer information to firms for price discrimination purpose. We analyze how the mechanism through which the data intermediary sells information influences how much consumer information she will collect and sell to firms, and how it...
Persistent link: https://www.econbiz.de/10012832202
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Distribution and Use of Knowledge Under the 'Laws of the Web'
Falkinger, Josef - 2021
Empirical evidence shows that the perception of information is strongly concentrated in those environments in which a mass of producers and users of knowledge interact through a distribution medium. This paper considers the consequences of this fact for economic equilibrium analysis. In...
Persistent link: https://www.econbiz.de/10013316668
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Who Lobbies Whom? Special Interests and Hired Guns
Ellis, Christopher J. - 2019
We model which special interest groups lobby which policymakers directly, and which employ for-profit intermediaries. We show that special interests affected by policy issues that frequently receive high political salience lobby policymakers directly, while those that rarely receive high...
Persistent link: https://www.econbiz.de/10012892218
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Dynamics and Endogeneity of Firms' Recruitment Behaviour
Ehrenfried, Felix - 2019
seekers and firms behave during the recruitment process. In this paper we identify new patterns about the recruitment … planned search period and decreases thereafter, why most applicants arrive early in the recruitment process, and why the …
Persistent link: https://www.econbiz.de/10012892289
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Long-Term Effects of Hiring Subsidies for Unemployed Youths—Beware of Spillovers
Albanese, Andrea; Cockx, Bart; Dejemeppe, Muriel - 2022
We use (donut) regression discontinuity design and difference-in-differences estimators to estimate the impact of a one-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy increases job-finding in the private sector by 10...
Persistent link: https://www.econbiz.de/10014244086
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Peer Effects in Product Adoption
Bailey, Michael - 2019
We study the nature of peer effects in the market for new cell phones. Our analysis builds on de-identified data from Facebook that combine information on social networks with information on users’ cell phone models. To identify peer effects, we use variation in friends’ new phone...
Persistent link: https://www.econbiz.de/10012867874
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Wages and recruitment: Evidence from external wage changes
Falch, Torberg - 2013
This paper estimates the causal effect of the wage on the recruitment rate at the establishment level. During the 1990s … schools with severe recruitment problems in the past and located in one specific region. The empirical approach exploits … for teachers. In a difference-in-differences framework, I find that the wage premium increased the recruitment rate by 6 …
Persistent link: https://www.econbiz.de/10010291521
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Unemployment and Endogenous Reallocation Over the Business Cycle
Carrillo-Tudela, Carlos - 2020
This paper studies the extent to which the cyclicality of gross and net occupational mobility shapes that of aggregate unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational mobility and unemployment duration over the...
Persistent link: https://www.econbiz.de/10012833736