Similar Search Results

Endogenous Indoctrination : Occupational Choice, the Evolution of Beliefs, and the Political Economy of Reform

Saint-Paul, Gilles - 2009

favourable to the market economy. Two parameters that govern this capacity to learn are social entropy and heritability. Social … entropy defines how predictable one's occupation is as a function of one's beliefs. Heritability is the weight of the family …'s beliefs in the determination of the priors of a new generation. Both heritability and social entropy reduce the bias and makes …

Persistent link: https://www.econbiz.de/10013155704

Entropy Methods for Identifying Hedonic Models

Dupuy, Arnaud - 2014

This paper contributes to the literature on hedonic models in two ways. First, it makes use of Queyranne's reformulation of a hedonic model in the discrete case as a network flow problem in order to provide a proof of existence and integrality of a hedonic equilibrium and efficient computational...

Persistent link: https://www.econbiz.de/10013053440

Flexible Working and Couples' Coordination of Time Schedules

Bryan, Mark L. - 2014

Using previously unexploited data on time scheduling in the employment and household contexts, we investigate the effect of flexible working on couples' coordination of their daily work time schedules in the UK. We consider three distinct dimensions of flexible working: flexibility of daily...

Persistent link: https://www.econbiz.de/10013051014

Wage Structure Effects of International Trade : Evidence from a Small Open Economy

Du Caju, Philip - 2011

In the last decades, international trade has increased between industrialised countries and between high- and low-wage countries. This important change has raised questions on how international trade affects the labour market. In this spirit, this paper aims to investigate the impact of...

Persistent link: https://www.econbiz.de/10013127724

Are Intra-Household Allocations Policy Neutral? Theory and Empirical Evidence

Chiappori, Pierre-Andre - 2011

We develop a collective household model with spousal matching in which there exists marital gains to assortative matching and marriage quality for each couple is revealed ex post. Changes in alimony laws are shown to affect existing couples and couples-to-be differently. For existing couples,...

Persistent link: https://www.econbiz.de/10013127939

Heterogeneous Productivity in Voluntary Public Good Provision : An Experimental Analysis

Fellner-Röhling, Gerlinde - 2011

This article experimentally examines voluntary contributions when group members' marginal returns to the public good vary. The experiment implements two marginal return types, low and high, and uses the information that members have about the heterogeneity to identify the applied contribution...

Persistent link: https://www.econbiz.de/10013128231

Business Conditions and Default Risks Across Countries

Pflüger, Michael - 2011

The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...

Persistent link: https://www.econbiz.de/10013128748

Wage Premia for Newly Hired Employees : Theory and Evidence

Kampkötter, Patrick - 2011

We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...

Persistent link: https://www.econbiz.de/10013129084

Nowcasting Business Cycles Using Toll Data

Askitas, Nikos - 2011

Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...

Persistent link: https://www.econbiz.de/10013129098

Product Market Regulation, Firm Size, Unemployment and Informality in Developing Economies

Charlot, Olivier - 2011

This paper studies the impact of product and labor market regulations on informality and unemployment in a general framework where formal and informal firms are subject to the same externalities, differing only with respect to some parameter values. Both formal and informal firms have monopoly...

Persistent link: https://www.econbiz.de/10013129903

1
2
3
4
5
6
7
8
9
10
Next
Last