Showing 1 - 10 of 197
Persistent link: https://www.econbiz.de/10001766994
Many microeconometric models of discrete labour supply include alternative-specific constants meant to account for (possibly besides other factors) the density or accessibility of particular types of jobs (e.g. part-time jobs vs. full-time jobs). The most common use of these models is the...
Persistent link: https://www.econbiz.de/10009154578
In this paper we investigate how heterogeneous agents choose among tournaments with different prizes. We show that if the number of agents is sufficiently small, multiple equilibria can arise. Depending on how the prize money is split over the tournaments, these may include, for example, a...
Persistent link: https://www.econbiz.de/10009007838
The apparently unrelenting growth in the GDP-share of health spending (SHS) has been a perennial issue of policy concern. Does an equilibrium limit exist? The issue has been left open in recent dynamic models which take income growth and population aging as given. We view these variables as...
Persistent link: https://www.econbiz.de/10010239269
This paper studies equilibrium unemployment in a two-region economy where homogeneous workers and jobs are free to move and the housing market clears. Because of the Internet, searching for a job in another region without first migrating there is nowadays much simpler than in the past....
Persistent link: https://www.econbiz.de/10010221545
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
We present the first causal evidence on the persistent impact of enduring competition on prosociality. Inspired by the … competition period. 4-year follow-up data indicate that the effect persists and generalizes, suggesting a change in traits and not …
Persistent link: https://www.econbiz.de/10014428113
We study how frictions in learning others' technology, termed "imperfect technology spillovers," impact firm innovation strategies and the aggregate economy through changes in innovation composition. We develop an endogenous growth model that generates strategic innovation decisions, where...
Persistent link: https://www.econbiz.de/10015163046
This paper studies gender differences in performance in university entrance examinations. We exploit data from the exams that the nine Finnish universities providing education in economics and business use to choose their students. These exams are multiple choice tests where wrong answers are...
Persistent link: https://www.econbiz.de/10010257343
Turf wars commonly occur in environments where competition undermines collaboration. We develop a game theoretic model … joint production but introduces competition for the reward. We find that collaboration has a non-monotonic relationship with …
Persistent link: https://www.econbiz.de/10010422047