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private sector, impairing the stabilizing effects of the policy. Using a theoretical model, we show that these signaling … identify fiscal news with different degrees of signaling effects and find that such effects weaken or, in extreme cases, even …
Persistent link: https://www.econbiz.de/10015052575
effects and small changes in the electoral incentives may generate large changes in turnout due to signaling effects. (iv …) Signaling incentives increase the sensitivity of turnout to voting incentives in communities with low opportunity cost of social … smaller communities have more volatile turnout than larger communities. -- electoral incentives ; signaling ; voting …
Persistent link: https://www.econbiz.de/10009489028
The aggregate matching (hiring) function relates gross hires to labor market tightness. Decompositions of aggregate …
Persistent link: https://www.econbiz.de/10011581219
patterns of skills. -- matching theory ; sorting ; general equilibrium ; population dynamics ; cities ; wage distribution …
Persistent link: https://www.econbiz.de/10008797788
viability of stock-flow matching in generating the observed outcomes. The paper documents that the probability a house sells … housing slump sooner, faster, and more prominently than slower sales. The simulated stock-flow matching model can not only … the importance of stock-flow matching for understanding housing market dynamics. …
Persistent link: https://www.econbiz.de/10013419282
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/10009687196
We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect … improvements in the technology of offshoring. -- offshoring ; trade in tasks ; unemployment ; search and matching …
Persistent link: https://www.econbiz.de/10003965854
under which matching mechanisms in a public good economy lead to interior matching equilibria in which all agents make … is a crucial determinant for the existence of interior matching equilibria. In addition, we explore which matching … optimal solutions through matching. …
Persistent link: https://www.econbiz.de/10003923234
permanent employees enjoy labor protection. In a labor market characterized by search and matching frictions, firms find optimal …
Persistent link: https://www.econbiz.de/10003998033
Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good … interior matching equilibrium, however, emerges only under very special conditions. But we show in this note that corner … results by a simple numerical example. -- public goods ; matching ; Pareto optimality …
Persistent link: https://www.econbiz.de/10009011305