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experience levels due to imperfect information. We believe this represents a significant reinterpretation of the empirical …
Persistent link: https://www.econbiz.de/10013141213
take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the …
Persistent link: https://www.econbiz.de/10013087422
information about worker ability as the incumbent firm. I develop a model of asymmetric learning that nests the symmetric learning … find strong support for asymmetric information.I first exploit the fact that groups of workers differ in their variances in … interest in my model representing the degree to which information is asymmetric. My estimates imply that in one period, outside …
Persistent link: https://www.econbiz.de/10013087866
Job seekers often face substantial information frictions related to potential job quality. This is especially true in … in Indonesia to explore how information about intermediary quality shapes migration choices and outcomes. Information …-departure preparation and have higher-quality job experiences abroad, despite no change in occupation or destination. Information does not …
Persistent link: https://www.econbiz.de/10014083967
expenditure regardless of their level of literacy. Spillovers not only raise the cost effectiveness of health information programs …
Persistent link: https://www.econbiz.de/10012985678
structure of information. Using a novel and purposefully simple set-up, we experimentally analyze preferences for information … along four dimensions. We find evidence that the majority of subjects prefers receiving information sooner. This preference …) consumption events, later information becomes more attractive. We also identify an aversion towards piecemeal information …
Persistent link: https://www.econbiz.de/10012983901
education spending and teacher salaries falls when respondents receive information about existing levels. Treatment effects vary … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …' lower support for increases. Information about the tradeoffs between specific spending categories shifts preferences from …
Persistent link: https://www.econbiz.de/10012978960
concerned committee members receive private information of different type-dependent accuracy, deliberate and vote. We study … affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than … under secrecy. This occurs despite subjects revealing more information under transparency than theory predicts …
Persistent link: https://www.econbiz.de/10013023008
Advanced market economies are characterized by a continuous process of creativedestruction. Market forces and technological developments play a major role in shaping thisprocess, but institutional and policy settings also influence firms´ decision to enter, to expandif successful and to exit if...
Persistent link: https://www.econbiz.de/10005861084
This paper estimates the impact of registering for taxes on firm profits in Bolivia, the countrywith the highest levels of informality in Latin America. A new survey of micro and small firmsenables us to control for a rich set of measures of owner ability and business motivations thatcan affect...
Persistent link: https://www.econbiz.de/10005861371