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Uncertainty and firms' labour decisions : evidence from European countries
Martinez-Matute, Marta; Urtasun, Alberto - 2020
Uncertainty affects employers' decisions on labour workforce, as it does on capital. We exploit differences on how firms adjust their labour work-force when uncertainty increases. Using data from the Wage Dynamic Network Survey for 25 European countries, we first construct, opposite to usual...
Persistent link: https://www.econbiz.de/10012284895
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Robust estimation of wage dispersion with censored data : an application to occupational earnings risk and risk attitudes
Pollmann, Daniel; Dohmen, Thomas; Palm, Franz C. - 2012
with the wage dispersion of an individual's occupation. -- dispersion estimation ; earnings risk ; censoring ; quantile …-coded administrative wage data from the German IAB Employment Sample (IABS). We then relate these robust measures of earnings risk to the … risk attitudes of individuals working in these occupations. We find that willingness to take risk is positively correlated …
Persistent link: https://www.econbiz.de/10009534948
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Navigating ambiguity : imprecise probabilities and the updating of disease risk beliefs
Kerwin, Jason; Pandey, Divya - 2023
Probabilistic risk beliefs are key drivers of economic and health decisions, but people are not always certain about … measurable separately from the levels of risk beliefs. People with higher levels of imprecision update their beliefs more in …
Persistent link: https://www.econbiz.de/10014390526
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The effect of macroeconomic uncertainty on household spending
Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - 2021
Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...
Persistent link: https://www.econbiz.de/10012491975
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The likelihood of divorce and the riskiness of financial decisions
Stark, Oded; Szczygielski, Krzysztof - 2019
stronger distaste for low relative wealth translates into reduced relative risk aversion and, consequently, into riskier … prone to divorce exhibit risk-taking behavior that is more similar to that of single men than married men in environments …
Persistent link: https://www.econbiz.de/10012059447
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On the role of sectoral and national components in the wage bargaining process
Dreger, Christian; Reimers, Hans-Eggert - 2010
This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
Persistent link: https://www.econbiz.de/10003959628
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Geographic labour mobility and unemployment insurance in Europe
Tatsiramos, Konstantinos (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002226261
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The effect of unemployment insurance on unemployment duration and the subsequent employment stability
Tatsiramos, Konstantinos (contributor) - 2004 - [Elektronische Ressource]
individual data from the European Community Household Panel, for France, Germany, and the UK. The empirical analysis is based on … France and Germany. The results indicate that in these two countries, which provide more generous benefits relative to the UK …
Persistent link: https://www.econbiz.de/10002072155
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How different are immigrants? : A cross-country and cross-survey analysis of educational achievement
Schnepf, Sylke Viola (contributor) - 2004 - [Elektronische Ressource]
population of immigrant pupils: Australia, Canada, France, Germany, the Netherlands, New Zealand, Sweden, Switzerland, the UK and …
Persistent link: https://www.econbiz.de/10002485607
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Immigrants and unemployment in the European Community : from the eyes of natives
Gang, Ira N.; Rivera-Batiz, Francisco L.; Yun, Myeong-Su - 2002 - November 1999 (revised: May 2002)
This paper examines whether immigrants increase the likelihood of unemployment among native-born workers in the European Union. Earlier papers measure the presence of immigrants in the local labor market by computing the share of the foreigners in specific regions. This paper, instead, utilizes...
Persistent link: https://www.econbiz.de/10011313919