Showing 1 - 10 of 102
How does saving behavior of immigrants respond to changes in purchasing power parity between the source and host countries? We examine this question by building a theoretical model of joint return-migration and saving decisions of temporary migrants and then test its implications by using data...
Persistent link: https://www.econbiz.de/10011931644
productivity and demand for the labor market and the dispersions of prices and labor productivity. We further analyze the impact of …This paper analyzes the joint dynamics of prices, output and employment across firms. We develop a dynamic equilibrium … productivity and demand shocks have distinct implications for the firms' output and price adjustments. Using panel data on prices …
Persistent link: https://www.econbiz.de/10011931710
wage workers could pass on any resulting higher labour costs in the form of higher prices. This study looks at the effects … of the introduction and subsequent uprating of the minimum wage on the prices of UK goods and services, comparing the … prices of goods produced by industries in which UK minimum wage workers make up a substantial share of total costs with the …
Persistent link: https://www.econbiz.de/10010271255
without market imperfections can result in suboptimal outcomes for which government intervention has greater potential to …
Persistent link: https://www.econbiz.de/10010278806
For most people, buying a home is their single largest financial commitment. Previous research shows that Chinese buyers pay less for homes with unlucky addresses and more for homes with lucky addresses. Using Singapore data on housing transactions combined with a plethora of individual buyer...
Persistent link: https://www.econbiz.de/10011479417
. Most firms revise downward their expectations for sales, orders, employment, and investment, while prices are expected to … higher prices, relative to unconstrained firms. The search for and availability of liquidity is a key determinant of firms …
Persistent link: https://www.econbiz.de/10012322428
that it has specific benefits in terms of reducing prices, creating jobs, or increasing wages. While economists often … emphasize the consumer benefits of trade due to lower prices, only 20-40% of survey respondents in most countries perceive such …
Persistent link: https://www.econbiz.de/10012658112
There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying. These odds are functions of recreational opioid usage....
Persistent link: https://www.econbiz.de/10013426423
creation and the mechanisms of rent sharing, and the role of market regulations in these processes. The empirical analysis is … that the magnitude of each destination depends on the market power of its beneficiary. All these results are robust to a …
Persistent link: https://www.econbiz.de/10010282589
creation and the mechanisms of rent sharing, and the role of market regulations in these processes. The empirical analysis is … that the magnitude of each destination depends on the market power of its beneficiary. All these results are robust to a …
Persistent link: https://www.econbiz.de/10010541268