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India's Increasing Skill Premium : Role of Demand and Supply
Azam, Mehtabul - 2009
groups have not experienced any significant increase. This paper uses the demand and supply model with imperfect substitution …. The increase in relative supply of tertiary workers during 1983-1993 offset the demand shift, limiting the wage premium … in India. The findings of this paper are that the increase in the wage premium has come mostly from demand shifts in …
Persistent link: https://www.econbiz.de/10012765088
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Where the Streets Have a Name : Income Comparisons in the US
Brodeur, Abel - 2013
This paper analyses how neighbors' income affect agents' well-being using unprecedented data from the BRFSS and the City of Somerville. We conduct a multi-scale approach at the county, ZIP code and street-levels and find that the association between well-being and neighbors' income follows an...
Persistent link: https://www.econbiz.de/10013085063
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Lab Experiments are a Major Source of Knowledge in the Social Sciences
Falk, Armin - 2009
Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences. With the exception of psychology, the adoption of laboratory experiments has been much slower in the social sciences, although during the last two decades, the use of lab...
Persistent link: https://www.econbiz.de/10013154978
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Biased Probability Judgment : Evidence of Incidence and Relationship to Economic Outcomes from a Representative Sample
Dohmen, Thomas J. - 2009
Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...
Persistent link: https://www.econbiz.de/10013159743
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Economic Surplus and Derived Demand
Schlicht, Ekkehart - 2006
Most demand - especially labor demand - is derived from the demand for some other product. This note demonstrates that … of derived demand …
Persistent link: https://www.econbiz.de/10012779961
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Contracts as Reference Points : Experimental Evidence
Fehr, Ernst - 2009
In a recent paper, Hart and Moore (2008) introduce new behavioral assumptions that can explain long term contracts and important aspects of the employment relation. However, so far there exists no direct evidence that supports these assumptions and, in particular, Hart and Moore's notion that...
Persistent link: https://www.econbiz.de/10012765614
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A Behavioral Account of the Labor Market : The Role of Fairness Concerns
Fehr, Ernst - 2008
In this paper, we argue that important labor market phenomena can be better understood if one takes (i) the inherent incompleteness and relational nature of most employment contracts and (ii) the existence of reference-dependent fairness concerns among a substantial share of the population into...
Persistent link: https://www.econbiz.de/10012768171
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On the Economics and Biology of Trust
Fehr, Ernst - 2008
In recent years, many social scientists have claimed that trust plays an important role in economic and social transactions. Despite its proposed importance, the measurement and the definition of trust seem to be not fully settled, and the identification of the exact role of trust in economic...
Persistent link: https://www.econbiz.de/10012768177
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The Beneficial Impacts of Covid-19 Lockdowns on Air Pollution : Evidence from Vietnam
Dang, Hai-Anh - 2020
Little evidence currently exists on the effects of COVID-19 on air quality in poorer countries, where most air pollution-linked deaths occur. We offer the first study that examines the pandemic's impacts on improving air quality in Vietnam, a lower-middle income country with worsening air...
Persistent link: https://www.econbiz.de/10012823864
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Psychological Pressure and the Right to Determine the Moves in Dynamic Tournaments : Evidence from a Natural Field Experiment
Kassis, Mark - 2020
In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments – like R&D races – with interim feedback is difficult with company data, we examine decisions of highly...
Persistent link: https://www.econbiz.de/10012824429