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Rapoport, Hillel (contributor); … - 2005

This chapter reviews the recent theoretical and empirical economic literature on migrants' remittances. It is divided between a microeconomic section on the determinants of remittances and a macroeconomic section on their growth effects. At the micro level we first present in a fully harmonized...

Persistent link: https://www.econbiz.de/10002693330

Supply theory sans profit-maximization

Dasgupta, Indraneel - 2009

predictive content of the traditional theory of competitive supply. A number of key results in the deterministic theory follow as … predictive content of the classical theory of competitive firm behavior from its a priori roots in profit maximization, while … subsuming the traditional theory as a special case. -- Supply aggregation ; stochastic supply function ; stochastic consistency …

Persistent link: https://www.econbiz.de/10003810898

Economics and religion

Chiswick, Carmel Ullman - 2010

This paper provides an overview of the relationship between economics and religion. It first considers the effects of economic incentives in the religious marketplace on consumers’ demand for "religion." It then shows how this demand affects religious institutions and generates a supply of...

Persistent link: https://www.econbiz.de/10003950733

Impact of reforms on plant-level productivity and technical efficiency : evidence from the Indian manufacturing sector

Bhaumik, Sumon Kumar (contributor); … - 2008

It is generally believed that the structural reforms that usher in competition and force companies to become more efficient were introduced later in India following the macroeconomic crisis in 1991. However, whether the post-1991 growth is an outcome of more efficient use of resources or greater...

Persistent link: https://www.econbiz.de/10003656923

Labor market imperfections and the firm's wage setting policy

Félix, Sónia; Portugal, Pedro - 2016

We use matched employer-employee data and firm balance sheet data to investigate the importance of firm productivity and firm labor market power in explaining firm heterogeneity in wage formation. We use a linear regression model with one interacted high dimensional fixed effect to estimate...

Persistent link: https://www.econbiz.de/10011543455

Marital matching, economies of scale and intrahousehold allocations

Cherchye, Laurens; Rock, Bram de; Surana, Khushboo; … - 2016

We propose a novel structural method to empirically identify economies of scale in household consumption. We assume collective households with consumption technologies that define the public and private nature of expenditures through Barten scales. Our method recovers the technology by solely...

Persistent link: https://www.econbiz.de/10011543531

On measuring uncertainty : snakes and ladders

Junankar, Pramod N. - 2016

The Global Crisis demonstrated to the world that Ratings Agencies had misled the public about the stability of financial institutions. The Finance literature had decided that it was impossible to have bubbles in financial markets and any surge in the stock market would be self-correcting. Recent...

Persistent link: https://www.econbiz.de/10011543578

On nonparametric identification of treatment effects in duration models

Johansson, Per-Olov; Lee, Myoung-jae - 2016

We show that the main nonparametric identification finding of Abbring and Van den Berg (2003b, Econometrica) for the effect of a timing-chosen treatment on an event duration of interest does not hold. The main problem is that the identification is based on the competing-risks identification...

Persistent link: https://www.econbiz.de/10011543606

Rebuttal of "on nonparametric identification of treatment effects in duration models"

Abbring, Jaap H.; Berg, Gerard J. van den - 2016

In their IZA Discussion Paper 10247, Johansson and Lee claim that the main result (Proposition 3) in Abbring and Van den Berg (2003b) does not hold. We show that their claim is incorrect. At a certain point within their line of reasoning, they make a rather basic error while transforming one...

Persistent link: https://www.econbiz.de/10011543629

In front of and behind the veil of ignorance : an analysis of motivations for redistribution

Bjerk, David - 2016

This paper uses a laboratory experiment to explore individuals' motivations for redistribution. The laboratory results show that as income uncertainty diminishes, participants become more extreme in their preferences for redistribution. The findings suggest that for most people, the motivation...

Persistent link: https://www.econbiz.de/10011543750

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