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Panel data estimates of the production function and product and labor market imperfections
Dobbelaere, Sabien; Mairesse, Jacques - 2010
Embedding the efficient bargaining model into the R. Hall (1988) approach for estimating price-cost margins shows that both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function and their corresponding shares in revenue. This...
Persistent link: https://www.econbiz.de/10011377461
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Non-compete agreements, tacit knowledge and market imperfections
Bartelsman, Eric J.; Dobbelaere, Sabien; Zona Mattioli, … - 2024
processes of intangible investment and wage bargaining of heterogeneous firms, providing a mechanism that relates workers' tacit …
Persistent link: https://www.econbiz.de/10015062978
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Assessing the impact of trade policy on labor markets and production
Francois, Joseph F. - 2004
This paper discusses the measurement of production and employment effects of trade policy, and more broadly the effects of economic integration and globalization. First, it provides a broad-brush overview of the ex-post literature linking trade to performance, such as measures of worker...
Persistent link: https://www.econbiz.de/10011335212
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A dynamic model of investor decision-making : how adaptation to losses affects future selling decisions
Lee, Carmen; Kräussl, Roman; Lucas, André; Paas, … - 2008
’ adaptation to the loss situation and, subsequently, whether this adaptation affects future investment decisions. As investors … performance, together influence the decision to hold on to or to capitulate on an investment. We study the relative contribution … decision to capitulate an investment, however, only depends directly on the expectation about the stock’s future performance …
Persistent link: https://www.econbiz.de/10011377365
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Are entrepreneurs' forecasts of economic indicators biased? : A case study of predicted and realized investments in the Netherlands
Gorter, Cees (contributor) - 1997
Persistent link: https://www.econbiz.de/10000972453
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The attractiveness of temporary employment to reduce adjustment costs
Graaf-Zijl, Marloes de - 2005
adjustment costs per worker. On average regular contracts are most attractive for employers, because they allow for investment in …
Persistent link: https://www.econbiz.de/10011348353
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The attractiveness of temporary employment to reduce adjustment costs: a conjoint analysis
Graaf-Zijl, Marloes de - 2005
Persistent link: https://www.econbiz.de/10003248106
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Evidence on a real business cycle model with neutral and investment-specific technology shocks using Bayesian model averaging
Strachan, Rodney W.; Dijk, Herman K. van - 2010
Persistent link: https://www.econbiz.de/10003974036
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Evidence on a real business cycle model with neutral and investment-specific technology shocks using Bayesian model averaging
Strachan, Rodney W.; Dijk, Herman K. van - 2010 - Version 17 May 2010
investment ratios form stable relationships, but technology shocks do not accountfor all stochastic trends in our system. There …
Persistent link: https://www.econbiz.de/10011380727
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Memory, expectation formation and scheduling choices
Koster, Paul; Peer, Stefanie; Dekker, Thijs - 2014
Limited memory capacity, retrieval constraints and anchoring are central to expectation formation processes. We develop a model of adaptive expectations where individuals are able to store only a finite number of past experiences of a stochastic state variable. Retrieval of these experiences is...
Persistent link: https://www.econbiz.de/10010465148