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Measuring and Interpreting Trends in the Division of Labour in the Netherlands
Akcomak, Semih - 2011
together tasks; comparative advantage stimulates unbundling and specialisation. The estimates suggest that on average the … Netherlands has witnessed unbundling in the period 1996-2005, which implies that advantages of specialisation have increased …
Persistent link: https://www.econbiz.de/10013125477
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The Effect of Local Area Crime on Mental Health
Dustmann, Christian - 2014
experienced by in the direct aftermath of the London Bombings of Jul 7th, 2005 …
Persistent link: https://www.econbiz.de/10013061959
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Do Economic Incentives Promote Physical Activity? Evidence from the London Congestion Charge
Nakamura, Ryota; Albanese, Andrea; Coombes, Emma; … - 2022
This study investigates the impact of economic incentives on travel-related physical activity, leveraging the London … Congestion Charge's disincentivising of sedentary travel modes via increasing the cost of private car use within Central London …. The scheme imposes charges on most types of cars entering, exiting and operating within the Central London area, while …
Persistent link: https://www.econbiz.de/10014083957
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Firm-Level Heterogeneity and the Decision to Export : A Real Option Approach
Naudé, Wim - 2013
In "new" new international trade theory, whether firms export or not are determined by their productivity. These models assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose an alternative way to model whether firms export...
Persistent link: https://www.econbiz.de/10013083086
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Health Status, Disability and Retirement Incentives in Belgium
Jousten, Alain - 2013
Many Belgian retire well before the statutory retirement age. Numerous exit routes from the labor force can be identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most prominent ones. We analyze the retirement decision of Belgian...
Persistent link: https://www.econbiz.de/10013071759
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Tenure Profiles and Efficient Separation in a Stochastic Productivity Model
Buhai, Sebastian - 2006
This paper provides a new way of analyzing tenure profiles in wages, by modelling simultaneously the evolution of wages and the distribution of tenures. We develop a theoretical model based on efficient bargaining, where both log outside wage and log wage in the current job follow a random walk,...
Persistent link: https://www.econbiz.de/10012780583
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Breakthroughs, Backlashes and Artificial General Intelligence : An Extended Real Options Approach
Gries, Thomas; Naudé, Wim - 2022
Breakthroughs and backlashes have marked progress in the development and diffusion of Artificial Intelligence (AI). These shocks make the investment in developing an Artificial General Intelligence (AGI) subject to considerable uncertainty. This paper applies a real options model, extended to...
Persistent link: https://www.econbiz.de/10014083861
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CEO and Board Characteristics as Determinants of Private Benefits of Control : Evidence from the Russian Stock Exchange
Berezinets, Irina - 2012
This paper investigates whether and how various characteristics of CEOs and corporate boards are related to the severity of corporate governance problems within firms. The latter is proxied by private benefits of control, which we measure for dual class stock firms using the voting premium...
Persistent link: https://www.econbiz.de/10013112769
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Impact of Financial Crises on Dynamics of Capital Structure : Evidence from Korean Listed Companies
Tsoy, Lyubov - 2017
This study examines the impact of 1997 Asian and 2008 Global financial crises on the capital structure of Korean listed companies. Using a data set covering 1,159 Korean listed non-financial firms from 10 industrial sectors over period 1985-2015, the pattern of firms' capital structure before...
Persistent link: https://www.econbiz.de/10012962289
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Beauty is the Promise of Happiness?
Hamermesh, Daniel S. - 2011
We measure the impact of individuals' looks on their life satisfaction or happiness. Using five data sets from the U.S., Canada, the U.K., and Germany, we construct beauty measures in different ways that allow putting a lower bound on the true effects of beauty on happiness. Personal beauty...
Persistent link: https://www.econbiz.de/10013127722