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and Europe, evolutionary economics explains the role that diversity, selection andlearning plays in economic development …
Persistent link: https://www.econbiz.de/10010533203
This paper empirically analyzes moral hazard in car insurance using a dynamic theory of an insuree's dynamic risk (ex ante moral hazard) and claim (ex post moral hazard) choices and Dutch longitudinal micro data. We use the theory to characterize the heterogeneous dynamic changes in incentives...
Persistent link: https://www.econbiz.de/10011376656
selection is a serious issue. In addition to shedding light onthe sources of the gender gap in the Netherlands, we make two … simulate. Second, we show how the technique can be extended toaccount for selection.We find that there is a positive selection … time. We find that about two-thirds of this selection isdue to observables such as education and experience with the …
Persistent link: https://www.econbiz.de/10011342574
This paper examines the empirical analysis of treatment effects on duration outcomes from data that contain instrumental variation. We focus on social experiments in which an intention to treat is randomized and compliance may be imperfect. We distinguish between cases where the treatment starts...
Persistent link: https://www.econbiz.de/10011343269
performance of the organization. More specifically, we find that the expected payoff of the organization improves when the more …
Persistent link: https://www.econbiz.de/10011343955
active to show their credentials; that the link between bad performance and dismissal is weak; and that boards occasionally …
Persistent link: https://www.econbiz.de/10011349199
Persistent link: https://www.econbiz.de/10009756315
We study risk-based selection into a voluntary unemployment insurance (UI) scheme. To disentangle behavioral effects … from selection, we exploit variation in the sign-up induced by an early retirement scheme embedded into the UI system. We … combine an event study with a differencein-difference approach applied to Danish register data to quantify the selection. We …
Persistent link: https://www.econbiz.de/10013274253
Persistent link: https://www.econbiz.de/10010191081
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