Showing 1 - 10 of 66
How does a negative labor demand shock impact individual-level fertility? I analyze this question in the context of the East German fertility decline after the fall of the Berlin Wall in 1989. Exploiting di erential pressure for restructuring across industries, I nd that throughout the 1990s,...
Persistent link: https://www.econbiz.de/10011550320
Using two data sets derived from German administrative data, including a linked employer-employee data set, we investigate the cyclicality of worker and job flows. The analysis stresses the importance of two-sided labour market heterogeneity in this context, taking into account both observed and...
Persistent link: https://www.econbiz.de/10003815242
We investigate the matching algorithm used by the German central clearinghouse for university admissions (ZVS) in … criteria applied for admission they all make use of priority matching. In priority matching schemes, it is not a dominant … applicants, we are able to detect some amount of strategic behaviour which can lead to inefficient matching. Alternative ways to …
Persistent link: https://www.econbiz.de/10003635151
Using an administrative data set containing daily information on individual workers' employment histories, we investigate how workers' labour market transitions are affected by international outsourcing. In order to do so, we estimate hazard rate models for match separations, as well as for...
Persistent link: https://www.econbiz.de/10003641609
students often fail to grasp the strategic issues involved. The modified SDA algorithm significantly improves the matching for … admissions ; experiment ; quotas ; matching ; Gale-Shapley mechanism ; Boston mechanism …
Persistent link: https://www.econbiz.de/10009408398
In this paper we investigate the labor market dynamics in a matching model where fluctuations are driven by movements … that the canonical matching model under a very standard calibration is able to generate an important volatility of …
Persistent link: https://www.econbiz.de/10010374578
Population forecasts are crucial for many social, political and economic decisions. Official population projections rely in general on deterministic models which use different scenarios for future vital rates to indicate uncertainty. However, this technique shows substantial weak points such as...
Persistent link: https://www.econbiz.de/10003814452
Reduziert eine IFRS-Umstellung die Informationsdefizite der Fremdkapitalgeber und somit auch die Risikoprämie von Unternehmensanleihen? Entgegen bisherigen empirischen Untersuchungen betrachten wir den Zusammenhang zwischen Offenlegung und Kapitalkosten für Fremdfinanzierung. Folglich...
Persistent link: https://www.econbiz.de/10003634756
This paper analyzes empirical market utility functions and pricing kernels derived from the DAX and DAX option data for three market regimes. A consistent parametric framework of stochastic volatility is used. All empirical market utility functions show a region of risk proclivity that is...
Persistent link: https://www.econbiz.de/10003633572
Persistent link: https://www.econbiz.de/10003633711