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The Price of Warm Glow
Lilley, Andrew - 2013
allocation decisions. We define a measure of the price of impure altruism as the additional proportion of income sacrificed by a … overall charitable donations. We discuss the implications of our experimental results for both theory and policy …
Persistent link: https://www.econbiz.de/10013080136
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Lower and Upper Bounds of Unfair Inequality : Theory and Evidence for Germany and the US
Niehues, Judith - 2011
Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of the full set of endowed circumstances beyond the sphere of individual responsibility. In this paper, we suggest a new estimator based on a fixed effects panel model which...
Persistent link: https://www.econbiz.de/10013122677
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Why is Pollution from U.S. Manufacturing Declining? The Roles of Trade, Regulation, Productivity, and Preferences
Shapiro, Joseph S. - 2015
Between 1990 and 2008, emissions of the most common air pollutants from U.S. manufacturing fell by 60 percent, even as real U.S. manufacturing output grew substantially. This paper develops a quantitative model to explain how changes in trade, environmental regulation, productivity, and consumer...
Persistent link: https://www.econbiz.de/10013029138
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Lumpy Price Adjustments : A Microeconometric Analysis
Dhyne, Emmanuel; Fuss, Catherine; Pesaran, M. Hashem; … - 2021
the degree of price rigidity that is inherent to the price setting mechanism (intrinsic) and that which is due to the … price's driving variables (extrinsic). Using two data sets consisting of a large fraction of the price quotes used to … compute the Belgian and French CPI, we are able to assess the role of intrinsic and extrinsic price stickiness in explaining …
Persistent link: https://www.econbiz.de/10013317064
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Precious Metal Prices : A Tale of Four U.S. Recessions
Agnese, Pablo; Garcia-del-Barrio, Pedro; Gil-Alana, Luis A. - 2023
This paper empirically examines the degree of persistence in four precious metal prices (i.e., gold, palladium, platinum, and silver) during the last four U.S. recessions. Unit root tests and fractional integration techniques suggest that gold still is the most prominent safe haven asset within...
Persistent link: https://www.econbiz.de/10014351417
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The Impact of Education on Unemployment Incidence and Re-Employment Success : Evidence from the U.S. Labour Market
Riddell, W. Craig - 2011
This study investigates the causal effects of education on individuals' transitions between employment and unemployment, with particular focus on the extent to which education improves re-employment outcomes among unemployed workers. Given that positive correlations between education and labour...
Persistent link: https://www.econbiz.de/10013128216
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Immigrant Heterogeneity and the Earnings Distribution in the United Kingdom and United States : New Evidence from a Panel Data Quantile Regression Analysis
Billger, Sherrilyn M. - 2010
In this paper we use a relatively new panel data quantile regression technique to examine native-immigrant earnings differentials 1) throughout the conditional wage distribution, and 2) controlling for individual heterogeneity. No previous papers have simultaneously considered these factors. We...
Persistent link: https://www.econbiz.de/10013136720
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Extensive vs. Intensive Margin in Germany and the United States : Any Differences?
Merkl, Christian - 2010
This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the United States. The contribution is twofold. First, we provide an update of older U.S. studies and confirm the view that the extensive margin (i.e., the adjustment in the number...
Persistent link: https://www.econbiz.de/10013139060
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Welfare, Labor Supply and Heterogeneous Preferences : Evidence for Europe and the US
Bargain, Olivier - 2011
Following the report of the Stiglitz Commission, measuring and comparing well-being across countries has gained renewed interest. Yet, analyses that go beyond income and incorporate non-market dimensions of welfare most often rely on the assumption of identical preferences to avoid the...
Persistent link: https://www.econbiz.de/10013118277
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Cyclical Variation in Labor Hours and Productivity Using the ATUS
Burda, Michael C. - 2013
We examine monthly variation in weekly work hours using data for 2003-10 from the Current Population Survey (CPS) on hours/worker, from the Current Employment Survey (CES) on hours/job, and from the American Time Use Survey (ATUS) on both. The ATUS data minimize recall difficulties and constrain...
Persistent link: https://www.econbiz.de/10013089287