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Undocumented Worker Employment and Firm Survival
Brown, J. David - 2009
. Firms are found to engage in herding behavior, being more likely to employ undocumented workers if competitors do. Rivals … marginal revenue product. The herding behavior and competitive effects are found to be much weaker in geographically broad …
Persistent link: https://www.econbiz.de/10012765295
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Crowdfunding, Cascades and Informed Investors
Parker, Simon C. - 2014
Do higher proportions of (a) informed investors and (b) high-quality projects increase the number of good projects that are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: 'not necessarily'
Persistent link: https://www.econbiz.de/10013057901
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Mind the Gap : Crowd-Funding and the Role of Seed Money
Deutsch, Joseph - 2015
We analyze voluntary private contributions to public goods and the role seed money plays in signaling the public good's quality to potential subsequent contributors. We present a theoretical model and analyze two sets of naturally occurring data from crowd-funding platforms. After developing the...
Persistent link: https://www.econbiz.de/10013024898
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Herding, Warfare, and a Culture of Honor : Global Evidence
Cao, Yiming; Enke, Benjamin; Falk, Armin; Giuliano, Paola; … - 2021
According to the widely known 'culture of honor' hypothesis from social psychology, traditional herding practices are …, and large-scale surveys. The data show systematic links between traditional herding practices and a culture of honor …. First, the culture of pre-industrial societies that relied on animal herding emphasizes violence, punishment, and revenge …
Persistent link: https://www.econbiz.de/10013324565
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Do We Follow Others When We Should? A Simple Test of Rational Expectations
Weizsacker, Georg - 2021
The paper presents a new meta data set covering 13 experiments on the social learning games by Bikhchandani, Hirshleifer, and Welch (1992). The large amount of data makes it possible to estimate the empirically optimal action for a large variety of decision situations and ask about the economic...
Persistent link: https://www.econbiz.de/10013325050
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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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The US Labor Market in 2030 : A Scenario Based on Current Trends in Supply and Demand
Edwards, Rebecca - 2013
Three fundamental forces have shaped labor markets over the last 50 years: the secular increase in the returns to education, educational upgrading, and the integration of large numbers of women into the workforce. We modify the Katz and Murphy (1992) framework to predict the structure of the...
Persistent link: https://www.econbiz.de/10013071294
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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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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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What Drives U.S. Immigration Policy? Evidence from Congressional Roll Call Votes
Facchini, Giovanni - 2011
Immigration is one of the most hotly debated policy issues in the United States today. Despite marked divergence of opinions within political parties, several important immigration reforms were introduced in the post 1965 era. The purpose of this paper is to systematically analyze the drivers of...
Persistent link: https://www.econbiz.de/10013128227