Showing 1 - 10 of 111
We analyze the consequences of counseling provided to job seekers in a standard job search and matching model. It turns out that neglecting equilibrium effects induced by counseling can lead to wrong conclusions. In particular, counseling can increase steady state unemployment although counseled...
Persistent link: https://www.econbiz.de/10010268888
Die Ich-AG (Existenzgründungszuschuss) war eines der zentralen Instrumente, das im Rahmen der Hartz-Reformen in den arbeitsmarktpolitischen Kanon aufgenommen wurde. Zusammen mit dem bereits seit langem bekannten Überbrückungsgeld wurden damit zwischen 2003 und 2006 mehr als eine Million...
Persistent link: https://www.econbiz.de/10010268988
In this paper we estimate by matching techniques the effects of a French retraining program on the reemployment rate of displaced workers. This program, called Conventions de conversion, was intended to improve reemployment prospects of displaced workers by proposing them retraining and job...
Persistent link: https://www.econbiz.de/10010269347
The effect of evaluation on employee performance is traditionally studied in the context of the principal-agent problem …-observation-based evaluation and performance measures can improve mid-career teacher performance both during the period of evaluation, consistent …. Evaluation can, however, also be characterized as an investment in the evaluated employee's human capital. We study a sample of …
Persistent link: https://www.econbiz.de/10013128610
advances in the estimation and evaluation of DSGE models, discusses current challenges, and provides avenues for future …
Persistent link: https://www.econbiz.de/10013130259
We find that several recently proposed consumption-based models of stock returns, when evaluated using an optimal set of managed portfolios and the associated model-implied conditional moment restrictions, fail to capture key features of risk premiums in equity markets. To arrive at these...
Persistent link: https://www.econbiz.de/10013137023
Our research examines empirically the age pattern of the implicit value of life revealed from workers' differential wages and job safety pairings. Although aging reduces the number of years of life expectancy, aging can affect the value of life through an effect on planned life-cycle...
Persistent link: https://www.econbiz.de/10013115884
reimbursement rate is higher, indicating informational asymmetries between the payer and hospitals in this market …
Persistent link: https://www.econbiz.de/10013117577
We analyze disagreements over de facto exchange-rate-regime classifications using three popular de facto regime data series. While there is a moderate degree of concurrence across classifications, disagreements are not uncommon, and they are not random. They are most prevalent in middle-income...
Persistent link: https://www.econbiz.de/10013121069
Because consumer reviews leverage the wisdom of the crowd, the way in which they are aggregated is a central decision faced by platforms. We explore this "rating aggregation problem" and offer a structural approach to solving it, allowing for (1) reviewers to vary in stringency and accuracy, (2)...
Persistent link: https://www.econbiz.de/10013097277