Showing 1 - 10 of 2,191
Recruiting agents, or "programs" costly screen “applicants” in matching processes, and congestion in a market increases with the number of applicants to be screened. To combat this externality that applicants impose on programs, application costs can be used as a Pigouvian tax. Higher costs...
Persistent link: https://www.econbiz.de/10011950544
A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential modelling assumption to reach this conclusion is that the number of workdays is optimally chosen, whereas...
Persistent link: https://www.econbiz.de/10003941788
Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast majorities...
Persistent link: https://www.econbiz.de/10003919879
A prominent feature of economic geography in America is the positive correlation amongst local incomes, housing costs and city population. This paper embeds a "black box" agglomeration economy within a more neoclassical general equilibrium model of local wages, rents and population to assess the...
Persistent link: https://www.econbiz.de/10003737642
Production of commodities based on open-access renewable natural resources (NR) has usually been examined under "low" congestion (LC) - where MC AC and both increase with output. I identify two additional congestion categories, "high" (HC) and "super" (SC) congestion - where AC is...
Persistent link: https://www.econbiz.de/10012286195
Numerous developing economies depend vitally on renewable natural-resource (NR)-based commodities. This study develops a general equilibrium model to examine the steady-state impact of changes in a small economy's NR congestion under open access and optimal regulation. This issue has often been...
Persistent link: https://www.econbiz.de/10012509173
We use data from over 20,000 firms in 60 countries to identify constraints on the growth of firms. We interpret managers' answers to survey questions on the extent to which various aspects of their external environment inhibit the performance of their firm as measuring the shadow cost of...
Persistent link: https://www.econbiz.de/10003561626
This paper estimates the link between population density and COVID-19 spread and severity in the contiguous United States. To overcome confounding factors, we use two Instrumental Variable (IV) strategies that exploit geological features and historical populations to induce exogenous variation...
Persistent link: https://www.econbiz.de/10012243517
variety, two essential elements of flexibility. Critically, the training associated with workplace flexibility does not simply … workplace flexibility is disproportionately oriented toward employees with a greater formal education. Our results also provide … modest evidence of an age bias of workplace flexibility. However, the link between workplace flexibility and training does …
Persistent link: https://www.econbiz.de/10011891811
This paper is an empirical study of slope heterogeneity in job satisfaction. It provides evidence from the generalized ordered probit models that different job characteristics tend to have different distributional impacts on the overall job satisfaction. For instance, standard models tend to...
Persistent link: https://www.econbiz.de/10009310726