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Estimations of occupational and regional matching efficiencies using stochastic production frontier models

Fahr, René; Sunde, Uwe - 2002

By applying a stochastic production frontier approach to the matching process of unemployed and vacancies, this paper provides novel detailed insights into the process of job creation. For different labor markets as defined by occupation and region, the methodology produces estimates of the...

Persistent link: https://www.econbiz.de/10011412710

Works councils : sand or grease in the operation of German firms

Schank, Thorsten; Schnabel, Claus; Wagner, Joachim - 2002

Using a large panel data set we investigate whether works councils act as sand or grease in the operation of German firms. Stochastic production frontier analysis indicates that establishments with and without a works council do not exhibit significant differences in efficiency.

Persistent link: https://www.econbiz.de/10011415166

Learning efficiency of economics students

Zimmermann, Klaus F.; Bauer, Thomas K. - 1998

Using a stochastic frontier approach this paper evaluates the effects of substantial changes in the teaching material on students learning efficiency. The results indicate that the main effects of the re-organization on the learning efficiency was a decreasing importance of students' attendance...

Persistent link: https://www.econbiz.de/10011294520

How policy changes affect shareholder wealth : the case of the Fukushima Daiichi nuclear disaster

Betzer, André; Doumet, Markus; Rinne, Ulf - 2011

of almost half of Germany's nuclear reactors while safety checks were carried out, and a three-month moratorium on … companies to renewable energies companies in Germany. We moreover find that the joint market capitalization of these firms has …

Persistent link: https://www.econbiz.de/10009312120

Higher productivity in importing German manufacturing firms : self-selection, learning from importing, or both?

Vogel, Alexander (contributor); Wagner, Joachim (contributor) - 2008

document the first empirical results on the relationship between imports and productivity for Germany, a leading actor on the … for trading internationally are about the same in West and East Germany. Compared to firms that do not trade at all two …-by-importing. -- Imports ; exports ; productivity ; enterprise panel data ; Germany …

Persistent link: https://www.econbiz.de/10003779041

The big carrot: high stake incentives revisited

Brañas-Garza, Pablo (contributor); … - 2008

This paper provides an empirical demonstration of high stakes incentives in relation to religious practice. It shows that, when both positive (carrot) and negative (stick) incentives are available, the former are more effective than the latter. Specifically, it is shown that beliefs in heaven...

Persistent link: https://www.econbiz.de/10003652700

Modelling volatilities and conditional correlations in futures markets with a multivariate t distribution

Pesaran, Bahram (contributor); … - 2007

This paper considers a multivariate t version of the Gaussian dynamic conditional correlation (DCC) model proposed by Engle (2002), and suggests the use of devolatized returns computed as returns standardized by realized volatilities rather than by GARCH type volatility estimates. The t-DCC...

Persistent link: https://www.econbiz.de/10003586562

Identification of the timing-of-events model with multiple competing exit risks from single-spell data

Drepper, Bettina; Effraimidis, Georgios - 2015

This note describes how the (single-spell) identification result of the timing-of-events model by Abbring and Van den Berg (2003b) can be extended to a model that accommodates several competing exit risks. The extended model can be used for example to distinguish between the different effects of...

Persistent link: https://www.econbiz.de/10010479003

The last refuge of a scoundrel? : patriotism and tax compliance

Konrad, Kai A.; Qari, Salmai - 2009

We study the effects of patriotism on tax compliance. In particular, we assume that individuals feel a (random draw of) warm glow from honestly paying their taxes. A higher expected warm glow reduces the government's optimal audit probability and yields higher tax compliance. Second, individuals...

Persistent link: https://www.econbiz.de/10003831245

Real wages and the cycle : the view from the frequency domain

Hart, Robert A.; Malley, James R.; Woitek, Ulrich - 2001

In the time domain, the observed cyclical behavior of the real wage hides a range of economic influences that give rise to cycles of differing lengths and amplitudes. This may serve to produce a distorted picture of wage cyclicality. Here, we employ frequency domain methods that allow us...

Persistent link: https://www.econbiz.de/10011402810

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