Narrow search
Showing 1 - 10 of 259
Cover Image
Add-on pricing, naive consumers, and the hidden welfare costs of education
Kosfeld, Michael; Schüwer, Ulrich - 2011
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10010282162
Cover Image
Minimum wages, labor market institutions, and female employment and unemployment: A cross-country analysis
Addison, John T.; Ozturk, Orgul Demet - 2010
This paper estimates the effect of minimum wage regulation in 16 OECD countries, 1970-2008. Our treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study using panel methods to estimate minimum wage effects among teenagers and young adults. Apart from the longer time...
Persistent link: https://www.econbiz.de/10010274565
Cover Image
A general model of technical change with an application to the OECD countries
Heshmati, Almas; Kumbhakar, Subal C. - 2011
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10010280731
Cover Image
Principles and practicalities for measuring child poverty in the rich countries
Corak, Miles - 2005
This paper has three objectives. The first is to discuss the major issues involved in defining and measuring child poverty. The choices that must be made are clarified, and a set of six principles to serve as a guide for public policy are stated. The second objective is to take stock of child...
Persistent link: https://www.econbiz.de/10010267535
Cover Image
How does financial globalization affect risk sharing? Patterns and channels
Kose, M. Ayhan; Prasad, Eswar S.; Terrones, Marco E. - 2007
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international … better risk sharing outcomes during the recent period of globalization. Developing countries have, by and large, been shut … flows may help explain why emerging markets have not been able to realize this presumed benefit of financial globalization …
Persistent link: https://www.econbiz.de/10010268195
Cover Image
Measuring Globalization
Andersen, Torben M.; Herbertsson, Tryggvi Thor - 2003
international transactions into a single measure or index of globalization. The index is an alternative to the simple measure of …
Persistent link: https://www.econbiz.de/10010261554
Cover Image
The crisis, policy reactions and attitudes to globalization and jobs
Bell, David N. F.; Blanchflower, David G. - 2011
to employment. We also examine a number of questions about the impact of globalization that respondents across many …
Persistent link: https://www.econbiz.de/10010278612
Cover Image
Immigration Policy in Integrated National Economies
Bauer, Thomas K.; Zimmermann, Klaus F. - 2000
Migration is an unavoidable aspect of globalization. While full flexibility is politically unfeasible, the paper argues … for regulated openness. Migration in the age of globalization should be judged according to the labor market needs of the …
Persistent link: https://www.econbiz.de/10010262379
Cover Image
Human Capital Investment and Globalization in Extortionary States
Andersson, Fredrik; Konrad, Kai A. - 2001
This paper considers education investment and public education subsidies in closed and open economies with an extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome a hold-up problem of time consistent taxation, similar...
Persistent link: https://www.econbiz.de/10010262447
Cover Image
Globalization and Human Capital Formation
Andersson, Fredrik; Konrad, Kai A. - 2001
This paper compares education investment in closed and open economies without government and with a benevolent government. The fact that the time consistency problem in taxation can make labor mobility beneficial even if governments are fully benevolent – which is known from other contexts –...
Persistent link: https://www.econbiz.de/10010262452