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A continuous theory of income insurance
Lindbeck, Assar; Persson, Mats - 2010
In this paper we treat an individual's health as a continuous variable, in contrast to the traditional literature on income insurance, where it is regularly treated as a binary variable. This is not a minor technical matter; in fact, a continuous treatment of an individual's health sheds new...
Persistent link: https://www.econbiz.de/10003978015
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Credibility and transparency of Central Banks : new results based on Ifo s world economicy survey
Hamella, Sandra; Haan, Jakob de - 2004
This paper reports the results of a survey among private sector economists about credibility and transparency of … Survey to answer questions on the importance and determinants of credibility. The results of both surveys are very comparable …. Credibility is considered to be important to attain price stability at low cost, while the best ways to earn credibility are a …
Persistent link: https://www.econbiz.de/10011399168
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An experimental study on the effects of communication, credibility, and clustering in network games
Charness, Gary; Feri, Francesco; Meléndez-Jiménez, … - 2019
ineffective. We can rationalize this result with a novel model about the credibility of cheap-talk messages. This credibility is … credibility and show, both theoretically and experimentally, an interaction effect of network structure and communication …
Persistent link: https://www.econbiz.de/10012024395
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On credibility and causality in economics : a critical appraisal
Bergh, Andreas; Wichardt, Philipp C. - 2024 - This version: July 9, 2024
to the credibility revolution) tends to put too much emphasis on internal aspects related solely to the study itself. To …
Persistent link: https://www.econbiz.de/10014632289
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"Take it or go to court" : the impact of sec. 1a of the German protection against dismissal act on severance payments
Goerke, Laszlo; Pannenberg, Markus - 2010
In 2004, a section was added to the German Protection against Dismissal Act, establishing a new procedure to dismiss an employee, given a predetermined severance payment. Most legal scholars presume the change to be without impact, while a minority of experts claims it to be either beneficial or...
Persistent link: https://www.econbiz.de/10003984405
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Politics, unemployment, and the enforcement of immigration law
Makowsky, Michael D.; Stratmann, Thomas - 2012
Immigration control-related audits and their resulting sanctions are not solely determined by impartial enforcement of laws and regulations. They are also determined by the incentives faced by vote-maximizing congressmen, agents acting on their behalf, and workers likely to compete with...
Persistent link: https://www.econbiz.de/10009533971
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Monetary policy and nominal rigidities under low inflation
Holden, Steinar - 2001
In most European countries, money wages are given in collective agreements or individual employment contracts, and the employer cannot unilaterally cut wages, even after the expiration of a collective agreement. Ceteris paribus, workers have a stronger bargaining position when they try to...
Persistent link: https://www.econbiz.de/10011398859
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Dismissal disputes and endogenous sorting
Garibaldi, Pietro; Pfann, Gerard A. - 2015
Dismissal disputes occur mostly in recessions and often lead to long and costly contract termination procedures. This paper investigates how dispute procedures may affect the job-matching process. First we present a simple accounting framework that corresponds with general dismissal legislation,...
Persistent link: https://www.econbiz.de/10011288790
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Awareness reduces racial bias
Pope, Devin G.; Price, Joseph; Wolfers, Justin - 2014
Can raising awareness of racial bias subsequently reduce that bias? We address this question by exploiting the widespread media attention highlighting racial bias among professional basketball referees that occurred in May 2007 following the release of an academic study. Using new data, we...
Persistent link: https://www.econbiz.de/10010250030
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International comparisons and transfer of labour market institutions
Ochel, Wolfgang - 2002
International comparisons of labour market institutions and their transfer across boundaries have gained in importance. The paper deals with the question of the best way to proceed in making such comparisons. At the same time the question of the possibilities and limits to institutional transfer...
Persistent link: https://www.econbiz.de/10011539100