Narrow search
Showing 1 - 10 of 1,576
Cover Image
Unions and Firms' Investments : A Unified View
Berton, Fabio - 2019
In this paper, we present a simple model in which a unionized and non-unionized firm optimally make investment …
Persistent link: https://www.econbiz.de/10012864858
Cover Image
Frictions and the Joint Behavior of Hiring and Investment
Yashiv, Eran - 2012
The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores … investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a … the investment part of the model is poor if hiring is left out completely or is introduced without the interaction between …
Persistent link: https://www.econbiz.de/10013104684
Cover Image
Time Delay and Investment Decisions : Evidence from an Experiment in Tanzania
Nikolov, Plamen - 2019
study, I examine how introducing a time delay into the execution of an investment plan influences individuals' risk … outset, in the Decision Stage (Stage 1), each subject was asked to make an investment plan by splitting a monetary investment … amount between a risky asset and a safe asset. Subjects were informed that the investment plans they made in the Decision …
Persistent link: https://www.econbiz.de/10012862462
Cover Image
A Continuous Labour Supply Model in Microsimulation : A Life-Cycle Modelling Approach with Heterogeneity and Uncertainty Extension
Li, Jinjing - 2011
This paper advances a structural inter-temporal model of labour supply that is able to simulate the dynamics of labour supply in a continuous setting and to circumvent two main drawbacks of most of the existing models. The first limitation is the inability to incorporate individual heterogeneity...
Persistent link: https://www.econbiz.de/10013118517
Cover Image
Post Schooling Human Capital Investments and the Life Cycle Variance of Earnings
Magnac, Thierry - 2013
We propose an original model of human capital investments after leaving school in which individuals differ in their initial human capital obtained at school, their rate of return, their costs of human capital investments and their terminal values of human capital at a fixed date in the future....
Persistent link: https://www.econbiz.de/10013081797
Cover Image
Unemployment Insurance, Wage Dynamics and Inequality Over the Life Cycle
Bingley, Paul - 2013
We investigate the relationship between life cycle wages and individual membership of unemployment insurance schemes in Denmark. We separate permanent from transitory wages and characterise them using membership of unemployment insurance funds. We find that unemployment insurance is associated...
Persistent link: https://www.econbiz.de/10013088338
Cover Image
Is Posner Right? An Empirical Test of the Posner Argument for Transferring Health Spending from Old Women to Old Men
Wunder, Christoph - 2016
Posner (1995) proposes the redistribution of health spending from old women to old men to equalize life expectancy. His argument is based on the assumption that women's utility is higher if they are married. Thus, extending the lifespan of men would benefit women. Using life satisfaction data...
Persistent link: https://www.econbiz.de/10013009098
Cover Image
Why is Old Workers' Labor Market More Volatile? Unemployment Fluctuations Over the Life-Cycle
Hairault, Jean-Olivier - 2014
Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of...
Persistent link: https://www.econbiz.de/10013055568
Cover Image
Optimal Social Assistance and Unemployment Insurance in a Life-Cycle Model of Family Labor Supply and Savings
Haan, Peter - 2015
We analyze empirically the optimal design of social insurance and assistance programs when families obtain insurance by making labor supply choices for both spouses. For this purpose, we specify a structural life-cycle model of the labor supply and savings decisions of singles and married...
Persistent link: https://www.econbiz.de/10013023767
Cover Image
Workers, Firms and Life-Cycle Wage Dynamics
Bingley, Paul - 2018
Studies of individual wage dynamics typically ignore firm heterogeneity, whereas decompositions of earnings into worker and firm effects abstract from life-cycle considerations. We study firm effects in individual wage dynamics using administrative data on the population of Italian employers and...
Persistent link: https://www.econbiz.de/10012923223