Showing 1 - 10 of 910
This paper studies the value of firms and their hiring and firing decisions in an environment where the productivity of the workers depends on how well they match with their co-workers and the firm acts as a coordinating device. Match quality derives from a production technology whereby workers...
Persistent link: https://www.econbiz.de/10010283961
This paper shows nonparametric identification of quantile treatment effects (QTE) in the regression discontinuity design. The distributional impacts of social programs such as welfare, education, training programs and unemployment insurance are of large interest to economists. QTE are an...
Persistent link: https://www.econbiz.de/10010269846
The identification of average causal effects of a treatment in observational studies is typically based either on the unconfoundedness assumption or on the availability of an instrument. When available, instruments may also be used to test for the unconfoundedness assumption (exogeneity of the...
Persistent link: https://www.econbiz.de/10010284025
This paper identifies individual and regional risk factors for hospitalizations caused by heat within the German …
Persistent link: https://www.econbiz.de/10014296740
This study provides novel evidence on the effects of emigration on pro-environmental behaviour back home. Focusing on the seven successor states of former Yugoslavia, I explore the relationship between people's present-day pro-environmental action and the local-level intensity of a major...
Persistent link: https://www.econbiz.de/10012180177
Can international tourist arrivals change residents' attitudes towards immigrants and immigration? We discuss possible underlying mechanisms and provide the first evidence on this question using data from the European Social Survey (2002-2019; n=333,505). We find that, as tourist arrivals grow,...
Persistent link: https://www.econbiz.de/10014296697
exogenous risk and delegation. That is, we show that only if exogenous risk is sufficiently large, the risk-neutral principal … may prefer to delegate authority over decisions to the risk-averse agent. Intuitively, for incentive reasons, the … principal may optimally want to allow the agent to reduce his risk exposure. Nevertheless, even endogenous risk may be higher …
Persistent link: https://www.econbiz.de/10010268503
in the type of degree studied can explain an additional 8.4% of the male-female pay gap. Risk-augmented earnings …
Persistent link: https://www.econbiz.de/10010269462
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10010276396
We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual …-level, idiosyncratic risk implies that distinct risk-sharing institutions - even those providing the same level of insurance - can lead to …
Persistent link: https://www.econbiz.de/10010278525