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This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
Persistent link: https://www.econbiz.de/10010361496
the regional and skill dimension of mismatch unemployment, we find a substantial increase of mismatch unemployment for …
Persistent link: https://www.econbiz.de/10012514547
unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …
Persistent link: https://www.econbiz.de/10011646817
producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the … developed venture capital markets should help to alleviate such financial constraints. This view that labor-market institutions …
Persistent link: https://www.econbiz.de/10011398923
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011444082
reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …
Persistent link: https://www.econbiz.de/10011408964
This paper studies the unemployment accelerator, a mechanism where workers directly affect the firms' financial … conditions, and, in turn, firms' financial conditions feedback again to the real economy. The unemployment accelerator builds on … in labor and financial markets. We provide compelling micro-evidence of the unemployment accelerator: a 10% increase in a …
Persistent link: https://www.econbiz.de/10011573865
in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …
Persistent link: https://www.econbiz.de/10012157899
-2019 period, we use Bayesian Model Averaging and quantile regression to assess notably the relevance of unemployment and earnings …. Moreover, one percentage point increase in the difference in the unemployment rate is associated with an increase in net …
Persistent link: https://www.econbiz.de/10013463673
This paper provides new estimates of Okun’s unemployment-output relationship in euro area countries between 1979 and … characterise the literature and that the responsiveness of output to unemployment is driven by idiosyncratic factors in both euro …
Persistent link: https://www.econbiz.de/10015052585