Showing 1 - 10 of 100
We use a unique design feature of a survey of Italian firms to study the causal effect of inflation expectations on firms' economic decisions. In the survey, a randomly chosen subset of firms is repeatedly treated with information about recent inflation (or the European Central Bank's inflation...
Persistent link: https://www.econbiz.de/10012894535
Rothschild and Stiglitz (1976) show that there need not exist a competitive equilibrium in markets with adverse selection. Building on their framework we demonstrate that externalities between agents - an agent's utility upon accepting a contract depends on the average type attracted by the...
Persistent link: https://www.econbiz.de/10012763924
Credence goods markets are characterized by asymmetric information between sellers and consumers that may give rise to inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the determinants for efficiency in credence goods...
Persistent link: https://www.econbiz.de/10012764487
Using a controlled experiment, we examine the role of nurture in explaining the stylized fact that women shy away from competition. Our subjects (students just under 15 years of age) attend publicly-funded single-sex and coeducational schools. We find robust differences between the competitive...
Persistent link: https://www.econbiz.de/10012764654
Using panel data for nearly all service providers in a single industry sector, we examine productivity responses to changes in competition in the United States. The sector offers workplace employee representation through trade union branches which compete with one another for union members whose...
Persistent link: https://www.econbiz.de/10012858478
We investigate whether competitive selection processes generate gender inequality in the context of a prestigious graduate fellowship program. All applications are scored remotely by expert reviewers and the highest ranked are invited to an in-person interview. The data show a very large gender...
Persistent link: https://www.econbiz.de/10012863823
Environmental policies may have important consequences for firms' competitiveness or profit-ability. However, the … Emissions Trading Scheme (EU ETS). We explain why there are arguably no significant competitiveness effects on firms, at least …
Persistent link: https://www.econbiz.de/10012930945
There has been a recent rapid increase in immigration into Europe, specifically in the form of refugees and asylum seekers. This raises a range of social challenges and a particular focus is education and school systems. A growing body of research investigates the impact of immigrants on native...
Persistent link: https://www.econbiz.de/10012829217
We use a controlled experiment widely adopted in the literature to assess the extent of gender differences in attitudes towards competition in a sample of UK professionals working in two different companies. We find no gender differences in attitudes towards competition nor in performance under...
Persistent link: https://www.econbiz.de/10012831979
-related basis for measures of international competitiveness. EULC take into account that a sector's labor costs constitute only a …-sector level as a new competitiveness indicator where the relevance of trading partners is quantified by an appropriate value … competitiveness at the sectoral level for Germany, and compare the empirical evidence with selected other euro area countries …
Persistent link: https://www.econbiz.de/10012919512