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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
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The economics of migrants' remittances
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
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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
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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
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Employment effects of welfare reforms : evidence from a dynamic structural life-cycle model
Haan, Peter (contributor); Prowse, Victoria (contributor);  … - 2008
In this paper we develop a dynamic structural life-cycle model of labor supply behavior which fully accounts for the effect of income tax and transfers on labor supply incentives. Additionally, the model recognizes the demand side driven rationing risk that might prevent individuals from...
Persistent link: https://www.econbiz.de/10003716521
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Social change
Greenwood, Jeremy (contributor); Guner, Nezih (contributor) - 2008
A society is characterized by the common attitudes and behavior of its members. Such behavior reflects purposive decision making by individuals, given the environment they live in. Thus, as technology changes, so might social norms. There were big changes in social norms during the 20th century,...
Persistent link: https://www.econbiz.de/10003716525
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Fixed effects bias in panel data estimators
Buddelmeyer, Hielke; Jensen, Paul H.; Oguzoglu, Umut; … - 2008
Since little is known about the degree of bias in estimated fixed effects in panel data models, we run Monte Carlo simulations on a range of different estimators. We find that Anderson-Hsiao IV, Kiviet's bias-corrected LSDV and GMM estimators all perform well in both short and long panels....
Persistent link: https://www.econbiz.de/10003716527
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Do migrants get good jobs in Australia? : the role of ethnic networks in job search
Mahuteau, Stéphane (contributor);  … - 2008
We study the role of ethnic networks in migrants' job search and the quality of jobs they find in the first years of settlement. We find that there are initial downward movements along the occupational ladder, followed by improvements. As a result of restrictions in welfare eligibility since...
Persistent link: https://www.econbiz.de/10003716528
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Human capital externalities and the urban wage premium : two literatures and their interrelations
Halfdanarson, Benedikt (contributor);  … - 2008
In this paper we survey the recent developments in two empirical literatures at the crossroads of labor and urban economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the methods and main results of each of these two...
Persistent link: https://www.econbiz.de/10003716532
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Rule of law, institutional quality and information
Bruno, Randolph (contributor) - 2008
The focus of this paper is the analysis of the persistent lawlessness attitude observed in some transition and developing countries where an overall increase in the quality of institutions is recorded. The mechanism of information diffusion on institutional quality is explored using a model...
Persistent link: https://www.econbiz.de/10003716535