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Microeconomic theory predicts that under certain regularity conditions higher idiosyncratic risk increases the propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk and car insurance using data from the UK. The main...
Persistent link: https://www.econbiz.de/10010262448
Countries often spend billions on university research. There is growing interest in how to assess whether that money is well spent. Is there an objective way to assess the quality of a nation's world-leading science? I attempt to suggest a method, and illustrate it with modern data on economics....
Persistent link: https://www.econbiz.de/10010269637
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10010270632
The number of people who have ever experienced a divorce, or a split up of a non-marital union, is rising every year. It is well known that union dissolution has a disruptive effect on the housing careers of those involved, often leading to downward moves on the housing ladder. Much less is...
Persistent link: https://www.econbiz.de/10010278542
The issue of whether employees who work more hours than they want to suffer adverse health consequences is important not only at the individual level but also for governmental formation of work time policy. Our study investigates this question by analyzing the impact of the discrepancy between...
Persistent link: https://www.econbiz.de/10010282274
This paper examines the persistence of under-employment amongst UK higher education graduates. For the cohort of individuals who graduated in 2002/3, micro-data collected by the Higher Education Statistical Agency, are used to calculate the rates of non-graduate job employment 6 months and 42...
Persistent link: https://www.econbiz.de/10010282447
A substantial amount of money is spent on technology by schools, families and policymakers with the hope of improving educational outcomes. This chapter explores the theoretical and empirical literature on the impacts of technology on educational outcomes. The literature focuses on two primary...
Persistent link: https://www.econbiz.de/10011401697
We provide a first empirical attempt at understanding the scale and type of skilled migration from the Indian software … software firms in India. The results are not generally consistent with an adverse or brain drain story but provide a more … adverse. There is some evidence of associated wage pressure at the height of the software boom in the late 1990s. But there is …
Persistent link: https://www.econbiz.de/10010262162
A review of the basic theory of optimal open-source software contributions points to three key factors affecting supply … large-scale software developer surveys are inadequate for measuring the relative importance of these three factors. Moreover …
Persistent link: https://www.econbiz.de/10010268441
-centers, trucking, and high-tech (software). Referred workers are 10-30% less likely to quit and have substantially higher performance …
Persistent link: https://www.econbiz.de/10010319423