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A search model of unemployment and inflation
Lehmann, Etienne - 2006
In this paper, I introduce money in the standard labor-matching model (Mortensen and Pissarides 1999, Pissarides 2000). A double coincidence problem makes Fiat Money necessary as a medium of exchange. In the long-run, a rise in the rate of money growth leads to higher inflation and higher...
Persistent link: https://www.econbiz.de/10010267772
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An Experimental Study of the POUM Hypothesis
Checchi, Daniele; Filippin, Antonio - 2003
of inequality are used as treatments. Other determinants of the demand for redistribution, such as risk aversion and …
Persistent link: https://www.econbiz.de/10010261622
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Wages and the Demand for Health - A Life Cycle Analysis
Dustmann, Christian; Windmeijer, Frank - 2000
This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish … between permanent and transitory wage responses. Using panel data, we estimate dynamic health and health input demand …
Persistent link: https://www.econbiz.de/10010262380
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A theory of child adoption
Bethmann, Dirk; Kvasnicka, Michael - 2012
treatment of the demand for adoption. We show that the propensity to adopt a child increases in the degree of own altruism …
Persistent link: https://www.econbiz.de/10010283945
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Survey of models on demand, customer base-line and demand response and their relationships in the power market
Heshmati, Almas - 2012
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated … the growing literature on models used to study demand, consumer baseline (CBL) and demand response in the electricity … market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand …
Persistent link: https://www.econbiz.de/10010284018
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Household Characteristics, Ability and Education: Evidence´ from a Dynamic Expected Utility Model
Belzil, Christian; Hansen, Joergen - 1999
We estimate a Dynamic Programming model of the decision between continuing schooling or entering the labor market using a panel from the National Longitudinal Survey (NLSY). The model, set in an expected utility framework (with a power utility function), fits data on both schooling attainments...
Persistent link: https://www.econbiz.de/10010262274
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An Explanation of International Differences in Education and Workplace Training
Brunello, Giorgio; Medio, Alfredo - 2000
We develop a simple search equilibrium model of workplace training and education based on two features. First, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with vacant skilled job slots can choose between recruitment...
Persistent link: https://www.econbiz.de/10010262339
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Are Immigrants Favorably Self-Selected? An Economic Analysis
Chiswick, Barry R. - 2000
rationing immigration visas (demand) will influence the favorable selectivity of those who actually immigrate. Selection …
Persistent link: https://www.econbiz.de/10010262350
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Temporary Migration and Economic Assimilation
Dustmann, Christian - 2000
In this paper, I study temporary migrations, and its consequences for immigrants' behaviour. I distinguish between temporary migrations where the return time is exogenous, and temporary migrations where the migrant chooses when to return. I then illustrate the consequences both types of...
Persistent link: https://www.econbiz.de/10010262394
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Minimum Wages and On-the-Job Training
Acemoglu, Daron; Pischke, Jörn-Steffen - 2001
Becker?s theory of human capital predicts that minimum wages should reduce training investments for affected workers …
Persistent link: https://www.econbiz.de/10010262588