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Dissipative Advertising Signals Quality even without Repeat Purchases

Linnemer, Laurent - 2008

: all rents are dissipated for signaling purpose …

Persistent link: https://www.econbiz.de/10012771800

Ex Post Information Rents in Sequential Screening

Krahmer, Daniel - 2014

We study ex post information rents in sequential screening models where the agent receives private ex ante and ex post … information. The principal has to pay ex post information rents for preventing the agent to coordinate lies about his ex ante and … ex post information. When the agent's ex ante information is discrete, these rents are positive, whereas they are zero in …

Persistent link: https://www.econbiz.de/10013054499

Pricing Internet Traffic : Exclusion, Signalling and Screening

Jullien, Bruno - 2014

(with no constrain on the consumer side). Proposing menus helps signaling useful information to consumers and therefore … information transmission. In the case of uniform tariff, we argue that a positive price-cap on the charge to content is optimal …

Persistent link: https://www.econbiz.de/10013055385

Optimal Litigation Strategies with Signaling and Screening

Choné, Philippe; Linnemer, Laurent - 2021

-sided asymmetric information where the informed party first decides to invest, or not, in case preparation, and the uninformed party …

Persistent link: https://www.econbiz.de/10013316509

Student Earnings Expectations : Heterogeneity or Noise?

Diaz-Serrano, Luis - 2016

Students' choices in education can only be based on expected outcomes. Econometric models that infer expectations based on ex post outcomes impose a rational structure of expectations on school performance and post-graduation earnings. Direct surveys suggest much ignorance and fuzziness. We use...

Persistent link: https://www.econbiz.de/10012979578

Returns to ICT Skills

Falck, Oliver - 2016

How important is mastering information and communication technology (ICT) in modern labor markets? We answer this …

Persistent link: https://www.econbiz.de/10012997356

Is Additional Schooling Worthless? Revising the Zero Returns to Compulsory Schooling in Germany

Cygan-Rehm, Kamila - 2018

This study estimates the effect of compulsory schooling on earnings. For identification, I exploit a German reform that extended the duration of secondary schooling in the 1960s. I find that hourly wages increase by 6%-8% per additional year of schooling. This result challenges prior findings...

Persistent link: https://www.econbiz.de/10012908790

The Return to College : Selection Bias and Dropout Risk

Hendricks, Lutz - 2014

This paper estimates the effect of graduating from college on lifetime earnings. Motivated by the fact that nearly half of all college students fail to earn a bachelor's degree, we study a model of risky college completion. The central idea is that students drop out of college mainly because...

Persistent link: https://www.econbiz.de/10013054498

Persistence and Cycles in the US Federal Funds Rate

Caporale, Guglielmo Maria - 2013

This paper uses long-range dependence techniques to analyse two important features of the US Federal Funds effective rate, namely its persistence and cyclical behaviour. It examines annual, monthly, bi-weekly and weekly data, from 1954 until 2010. Two models are considered. One is based on an...

Persistent link: https://www.econbiz.de/10013089178

Optimal Redistributive Taxation with Both Labor Supply and Labor Demand Responses

Jacquet, Laurence - 2012

This paper characterizes the optimal redistributive tax schedule in a matching unemployment framework where (voluntary …. For plausible values of the parameters, our matching environment induces much lower employment tax rates than the usual …

Persistent link: https://www.econbiz.de/10013108042