Showing 1 - 10 of 1,399
This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs …
Persistent link: https://www.econbiz.de/10010272689
We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies.
Persistent link: https://www.econbiz.de/10010290000
We model the aid allocation decision where the donor government has announced that good governance is the criterion for receiving aid. Potential recipients must compete for the aid funds. The structure of the competition is important to the donor in terms of achieving good governance, and to the...
Persistent link: https://www.econbiz.de/10010268553
paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power … of societies - justice-nonmaterialistic, status, and power-nonmaterialistic. Results cover members' gains, effects of own … killed only in a justice-nonmaterialistic society, and from the noblest of motives - to achieve equal gains for members. …
Persistent link: https://www.econbiz.de/10010268571
operations as pooling, matching, regression, hierarchical and multilevel modeling, calculating summary measures, finding the …
Persistent link: https://www.econbiz.de/10010269509
decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of … transnational terror events in a country, while political decentralization has no impact. These results are robust to the choice of …
Persistent link: https://www.econbiz.de/10010269173
This paper provides a simple matching model in which unemployed workers and employers in large firms can be matched …
Persistent link: https://www.econbiz.de/10010262031
production determined by a matching process between workers and jobs. Macroeconomic equilibrium (national savings equal to …
Persistent link: https://www.econbiz.de/10010262585
labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …
Persistent link: https://www.econbiz.de/10010262607
This paper develops a life-cycle approach to equilibrium unemployment. Workers only differ respectively to their distance from deterministic retirement. A non age-directed search equilibrium is then typically featured by increasing (decreasing) firing (hiring) rates with age and a hump-shaped...
Persistent link: https://www.econbiz.de/10010268639