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Investment Crowding-Out and Labor Market Effects of Financialization in the U.S
González, Ignacio - 2013
This paper studies the impact of financialization on unemployment in the U.S. We estimate a dynamic multi …-equation macro labor model including labor demand, labor supply, wage-setting and capital accumulation equations. Financialization … swings experienced by the financialization process.We find that it has had relevant unemployment effects in all periods …
Persistent link: https://www.econbiz.de/10013084673
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Distributional Consequences of Capital Accumulation, Globalisation and Financialisation in the US
Karanassou, Marika - 2013
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
Persistent link: https://www.econbiz.de/10013085470
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Warrant Economics, Call-Put Policy Options and the Fallacies of Economic Theory
Hatgioannides, John - 2012
In this paper we aim to trace the roots of the ongoing economic mayhem and to unmask the chorus of the tragedy which plays on the world stage. The main thesis of our work is that, despite the triumphant rhetoric praising the merits of perfect competition, the global fields of the dysfunctional...
Persistent link: https://www.econbiz.de/10013112775
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Which Program for Whom?Evidence on the Comparative Effectiveness ofPublic Sponsored Training Programs in Germany
Biewen, Martin; Fitzenberger, Bernd; Osikominu, Aderonke; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
We use a new and exceptionally rich administrative data set for Germany to evaluate theemployment effects of a variety of public sponsored training programs in the early 2000s.Building on the work of Sianesi (2003, 2004), we employ propensity score matching methodsin a dynamic, multiple...
Persistent link: https://www.econbiz.de/10005862595
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Dann warens nur noch vier Wie viele (und welche) Maßnahmen der aktivenArbeitsmarktpolitik brauchen wir noch?
Eichhorst, Werner; Zimmermann, Klaus F. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
Die deutsche Arbeitsmarktpolitik ist im Zuge der Hartz-Reformen grundsätzlich neustrukturiert und systematisch evaluiert worden. Die vorliegenden Evaluationsberichte derersten drei Hartz-Gesetze belegen nun vielfach, welche Instrumente der aktivenArbeitsmarktpolitik sich durch ihre Wirksamkeit...
Persistent link: https://www.econbiz.de/10005863254
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Social Preferences and Rating Biases in Subjective Performance Evaluations
Kusterer, David; Sliwka, Dirk - 2022
performance. We conduct 6 experimental treatments varying (i) whether workers' pay depends on the performance evaluation, (ii …
Persistent link: https://www.econbiz.de/10014078206
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A Walk on the Wild Side : 'Predatory' Journals and Information Asymmetries in Scientific Evaluations
Bagues, Manuel F. - 2017
. Second, we show that authors who publish in these journals are more likely to receive a positive evaluation when (randomly …
Persistent link: https://www.econbiz.de/10012946585
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Gender Bias in Teaching Evaluations
Mengel, Friederike - 2017
This paper provides new evidence on gender bias in teaching evaluations. We exploit a quasi-experimental dataset of 19,952 student evaluations of university faculty in a context where students are randomly allocated to female or male instructors. Despite the fact that neither students' grades...
Persistent link: https://www.econbiz.de/10012947714
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Evaluation of Language Training Programs in Luxembourg Using Principal Stratification
Bia, Michela - 2018
In a world increasingly globalized, multiple language skills can create more employment opportunities. Several countries include language training programs in active labor market programs for the unemployed. We analyze the effects of a language training program on the re-employment probability...
Persistent link: https://www.econbiz.de/10012906497
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Partial Identification of Willingness-to-Pay Using Shape Restrictions with an Application to the Value of a Statistical Life
Sojourner, Aaron - 2010
Economists often analyze cross-sectional data to estimate the value people implicit place on attributes of goods using hedonic methods. Usually strong enough assumptions are made on the functional form of utility to point identify individuals' willingness-to-pay (WTP) for changes in attribute...
Persistent link: https://www.econbiz.de/10013139964