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The Interplay of Economic, Social and Political Fragmentation
Bosworth, Steven - 2019
This paper examines how skill-biased growth can generate economic fragmentation (income dis-parities) that give rise to …-nationalist policies (which destroy productivity, compress the income distribution and promote the benefits of social affiliation) …
Persistent link: https://www.econbiz.de/10012859600
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Cyclical Income Risk in Great Britain
Angelopoulos, Konstantinos - 2019
This paper establishes new evidence on the cyclical behaviour of household income risk in Great Britain and assesses … Panel Survey (1991-2008) by decomposing stochastic idiosyncratic income into its transitory, persistent and fixed components …. We then estimate how income risk, measured by the variance and the skewness of the probability distribution of shocks to …
Persistent link: https://www.econbiz.de/10012872060
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Demand Estimation with Text and Image Data
Compiani, Giovanni; Morozov, Ilya; Seiler, Stephan - 2023
We propose a demand estimation method that allows researchers to estimate substitution patterns from unstructured image and text data. We first employ a series of machine learning models to measure product similarity from products' images and textual descriptions. We then estimate a nested logit...
Persistent link: https://www.econbiz.de/10014469595
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French CEO compensations: what is the cost of a mandatory upper limit?
Llense, Fabienne - 2008
In the middle of the nineties, the sharp increase in globalisation and the last privatization wave have promoted the shaping of a market for executives in France. Characteristics of this market are estimated for France and a competitive model is simulated in order to assess to what extend such a...
Persistent link: https://www.econbiz.de/10010264440
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Applications and interviews: A structural analysis of two-sided simultaneous search
Wolthoff, Ronald P. - 2011
A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers …
Persistent link: https://www.econbiz.de/10010274755
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Spatial sorting: Why New York, Los Angeles and Detroit Attract the greatest minds as well as the unskilled
Eeckhout, Jan; Pinheiro, Roberto; Schmidheiny, Kurt - 2010
We propose a theory of skill mobility across cities. It predicts the well documented city size-wage premium: the wage distribution in large cities first-order stochastically dominates that in small cities. Yet, because this premium is reflected in higher house prices, this does not necessarily...
Persistent link: https://www.econbiz.de/10010274949
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Occupational Match Quality and Gender Over Two Cohorts
Addison, John T. - 2019
Using a multi-dimensional measure of occupational mismatch, we report distinct gender differences in match quality and changes in match quality over the course of careers. A substantial portion of the gender wage gap stems from match quality differences among more educated individuals....
Persistent link: https://www.econbiz.de/10012892236
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READ-GER : Introducing German Real-Time Regional Accounts Data for Revision Analysis and Nowcasting
Lehmann, Robert - 2023
Accurate real-time macroeconomic data are essential for policy-making and economic nowcasting. In this paper, I introduce a real-time database for German regional economic accounts (READ-GER). The database contains real-time information for nine macroeconomic aggregates and the 16 German states....
Persistent link: https://www.econbiz.de/10014358678
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Big G
Cox, Lydia - 2020
"Big G" typically refers to aggregate government spending on a homogeneous good. In this paper, we open up this construct by analyzing the entire universe of procurement contracts of the US government and establish five facts. First, government spending is granular, that is, it is concentrated...
Persistent link: https://www.econbiz.de/10012836206
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Cognitive Biases : Mistakes or Missing Stakes?
Enke, Benjamin - 2020
than a monthly income. We find that cognitive effort as measured by response times increases by 40% with very high stakes … reduced reliance on intuitions. In none of the tasks are very high stakes sufficient to de-bias participants, or come even …
Persistent link: https://www.econbiz.de/10012838245