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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
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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
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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
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Incentive Effects of Risk Pooling, Redistributive and Savings Arrangements in Unemployment Benefit Systems : Evidence from a Job-Search Model for Brazil
Robalino, David A. - 2011
We develop a model of job search and use it to assess the effects that the Brazilian unemployment benefit system has on exit rates from unemployment. In our setup, unemployed workers receive job offers from the formal and informal sectors and decide whether to accept them or wait. Only jobs in...
Persistent link: https://www.econbiz.de/10013130452
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Corruption as a Barrier to Entry : Theory and Evidence
Campos, Nauro F. - 2010
Conventional wisdom depicts corruption as a tax on incumbent firms. This paper challenges this view in two ways. First, by arguing that corruption matters not so much because of the value of the bribe ("tax"), but because of another less studied feature of corruption, namely bribe...
Persistent link: https://www.econbiz.de/10013136941
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Identification and Inference in Regression Discontinuity Designs with a Manipulated Running Variable
Gerard, Francois - 2016
unemployment insurance on unemployment duration in Brazil, where we find strong evidence of manipulation at eligibility cutoffs …
Persistent link: https://www.econbiz.de/10013001869
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Average Wage Gaps and Oaxaca-Blinder Decompositions
Słoczyński, Tymon - 2015
In this paper I develop a new version of the Oaxaca–Blinder decomposition whose unexplained component recovers a parameter which I refer to as the average wage gap. Under a particular conditional independence assumption, this estimand is equivalent to the average treatment effect (ATE). I also...
Persistent link: https://www.econbiz.de/10013022663
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Migration, International Trade and Capital Formation : Cause or Effect?
Felbermayr, Gabriel J. - 2012
the effects of migration on the accumulation of both knowledge and human capital, by invoking endogenous growth theory …
Persistent link: https://www.econbiz.de/10013098128
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Migration, Capital Formation, and House Prices
Grossmann, Volker - 2013
We investigate the effects of interregional labor market integration in a two-sector, overlapping-generations model with land-intensive production in the non-tradable goods sector (housing). To capture the response to migration on housing supply, capital formation is endogenous, assuming that...
Persistent link: https://www.econbiz.de/10013086219
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A Decline in Labor's Share with Capital Accumulation and Complementary Factor Inputs : An Application of the Morishima Elasticity of Substitution
Paul, Saumik - 2019
The role of capital accumulation as a driver of the labor income share requires capital and labor to be substitutes, which appears paradoxical in a world predominantly characterized by complementarity between capital and labor. This paper argues that the composition of skills in the labor force...
Persistent link: https://www.econbiz.de/10012870261