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How do migrants choose their destination country? : an analysis of institutional determinants
Geis, Wido; Übelmesser, Silke; Werding, Martin - 2008
For a long time, migration has been subject to intensive economic research. Nevertheless, empirical evidence regarding the determinants of migration still appears to be incomplete. In this paper, we analyze the effects of socio-economic and institutional determinants, especially labor-market...
Persistent link: https://www.econbiz.de/10003805994
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Own motivation, peer motivation, and educational success
Bietenbeck, Jan - 2020
I study how motivation shapes own and peers' educational success. Using data from Project STAR, I find that academic … motivation in early elementary school, as measured by a standardized psychological test, predicts contemporaneous and future test … scores, high school GPA, and college-test taking over and above cognitive skills. Exploiting random assignment of students to …
Persistent link: https://www.econbiz.de/10012313572
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Relative performance feedback and long-term tasks : experimental evidence from higher education
Brade, Raphael; Himmler, Oliver; Jäckle, Robert - 2023
which challenging long-term tasks are completed. Providing university students with ongoing relative feedback on accumulated … among students with medium pre-treatment graduation probabilities: when these students are informed about an above …
Persistent link: https://www.econbiz.de/10014249919
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When inequality matters for macro and macro matters for inequality
Ahn, SeHyoun; Kaplan, Greg; Moll, Benjamin; Winberry, Thomas - 2017
We develop an efficient and easy-to-use computational method for solving a wide class of general equilibrium heterogeneous agent models with aggregate shocks, together with an open source suite of codes that implement our algorithms in an easy-to-use toolbox. Our method extends standard...
Persistent link: https://www.econbiz.de/10011688451
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Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang; Merkl, Christian; Snower, Dennis J. - 2010
In this paper we propose a novel way to model the labor market in the context of a New-Keynesian general equilibrium model, incorporating labor market frictions in the form of hiring and firing costs. We show that such a model is able to replicate many important stylized facts of the business...
Persistent link: https://www.econbiz.de/10003937114
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The cult of statistical significance
Krämer, Walter - 2010
This article takes issue with a recent book by Ziliak and McCloskey (2008) of the same title. Ziliak and McCloskey argue that statistical significance testing is a barrier rather than a booster for empirical research in many fields and should therefore be abandoned altogether. The present...
Persistent link: https://www.econbiz.de/10008732285
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Welfare implications of public education spending rules
Angelopoulos, Konstantinos; Malley, James R.; … - 2008
In this paper, we quantitatively assess the welfare implications of alternative public education spending rules. To this end, we employ a dynamic stochastic general equilibrium model in which human capital externalities and public education expenditures, financed by distorting taxes, enhance the...
Persistent link: https://www.econbiz.de/10003806000
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Optimal risk-sharing in mortgage contracts : the effects of potential prepayment and default
Brueckner, Jan K.; Lee, Kangoh - 2014
Much of the literature on the economics of mortgage markets has studied the FRM-ARM choice made by individual borrowers. However, to decide if the outcome of such a choice is efficient or approximately so, it is necessary to explore the question of optimal risk-sharing in mortgage contracts. But...
Persistent link: https://www.econbiz.de/10010412302
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Contractual and organizational structure with reciprocal agents
Englmaier, Florian (contributor);  … - 2008
Empirically, compensation systems generate substantial effort despite weak monetary incentives. We consider reciprocal motivations as a source of incentives. We solve for the optimal contract in the basic principal-agent problem and show that reciprocal motivations and explicit performance-based...
Persistent link: https://www.econbiz.de/10003763282
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Brexit and foreign students in gravity
Davies, Ronald B.; Specht, Lena S. - 2024
year before the referendum. This exercise reveals a decrease in exchange students studying in the UK of around 3.8% to 4 ….9%. While the number of non-EU students to the UK rises, a drop in EU student numbers drives this result. Similarly, 30% to 38 …% fewer UK students choose to study abroad. The estimated changes in international student stocks show that most other member …
Persistent link: https://www.econbiz.de/10014470430