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Classic economic theory predicts that markets will clear, leaving little or no gains from trade left on the table. Laboratory experiments have largely confirmed this, though the results of recent field experiments have been mixed, with some artefactual markets in developing countries performing...
Persistent link: https://www.econbiz.de/10010189845
across years), and use it to compare levels and patterns of relative poverty in the USA, Great Britain and Germany during the … 1990s. The higher aggregate poverty rates in the USA and in Britain relative to Germany were mostly accounted for by higher …
Persistent link: https://www.econbiz.de/10011437003
As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important to better understand which variables influence the first hiring decision and which ones influence the subsequent survival as an employer. Using the German Socioeconomic Panel...
Persistent link: https://www.econbiz.de/10012122657
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The increasing scale and dynamics of the global market for renewable energy technologies has often resulted in unexpected high deployment volumes in EU Member States. These deployment peaks were particularly strong for solar photovoltaic (PV) technologies in countries using feed-in tariff...
Persistent link: https://www.econbiz.de/10011460523
Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...
Persistent link: https://www.econbiz.de/10003726036
This article proposes an estimation approach for panel models with mixed continuous and ordered categorical outcomes based on generalized estimating equations for the mean and pseudo-score equations for the covariance parameters. A numerical study suggests that efficiency can be gained as...
Persistent link: https://www.econbiz.de/10003304412
The paper examines the labour quality explanation of the employer sizewage gap: larger firms pay higher wages because they employ more skilled workers. Most previous studies control for unobserved skills of workers using longitudinal data and the fixed effects estimator thus relying on a...
Persistent link: https://www.econbiz.de/10003440056
Since September 2000, as a result of mobility restrictions, the supply of Palestinian workers competing for local jobs in the West Bank has increased by about fifty percent. This paper takes advantage of this unique natural experiment to study the effects of labor supply shocks on labor market...
Persistent link: https://www.econbiz.de/10003974532