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Human capital externalities with monopsonistic competition
Kaas, Leo (contributor) - 2008
This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model …. -- Externalities ; human capital ; multiple equilibria …
Persistent link: https://www.econbiz.de/10003759894
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Negative externalities and equilibrium existence in competitive markets with adverse selection
Siemens, Ferdinand von; Kosfeld, Michael - 2009
selection. Building on their framework we demonstrate that externalities between agents - an agent's utility upon accepting a … when the size of the externalities is arbitrarily small. Our result highlights the degree of control a principal has over …
Persistent link: https://www.econbiz.de/10003831629
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Well-being inequality and reference groups : an agenda for new research
Praag, Bernard M. S. van - 2010
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10003937883
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Temporary shocks and offshoring : the role of external economies and firm heterogeneity
Mitra, Devashish (contributor); Ranjan, Priya (contributor) - 2007
We construct a model of offshoring with externalities and firm heterogeneity. Due to the presence of externalities … externalities can help explain the dynamic process of offshoring, where the most productive firms offshore first and the others …
Persistent link: https://www.econbiz.de/10003596092
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Are microloans bad for growth?
Emerson, Patrick M.; McGough, Bruce - 2010
externalities (social returns to education) there exists a range of microloan amounts that are growth depressing and welfare …
Persistent link: https://www.econbiz.de/10009153583
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Market distortions and local indeterminacy : a general approach
Lloyd-Braga, Teresa; Modesto, Leonor; Seegmuller, Thomas - 2011
fluctuations ; market imperfections ; externalities ; imperfect competition ; taxation …
Persistent link: https://www.econbiz.de/10009235089
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Cooperation, motivation and social balance
Bosworth, Steven; Singer, Tania; Snower, Dennis J. - 2016
This paper examines the reflexive interplay between individual decisions and social forces to analyze the evolution of cooperation in the presence of "multi-directedness," whereby people's preferences depend on their psychological motives. People have access to multiple, discrete motives....
Persistent link: https://www.econbiz.de/10011452082
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Identifying human capital externalities : theory with an application to US cities
Ciccone, Antonio; Peri, Giovanni - 2002
Identification of the strength of human capital externalities at the aggregate level is still not fully understood. The … existing method may yield positive or negative externalities even if wages reflect marginal social products. We propose an … approach that yields positive average human capital externalities if and only if the marginal social product of workers with …
Persistent link: https://www.econbiz.de/10011411270
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An economic perspective on religious education : complements and substitutes in a human capital portfolio
Chiswick, Carmel Ullman (contributor) - 2005
religion-specific human capital. It explores some implications of negative externalities between religious and secular …
Persistent link: https://www.econbiz.de/10002548813
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Beware of workaholics : household preferences and individual equilibrium utility
Gersbach, Hans (contributor); Haller, Hans (contributor) - 2005
individual preferences and enjoy positive leisure-dependent externalities. For instance, a global sociological change where the …
Persistent link: https://www.econbiz.de/10002634134