Showing 1 - 10 of 135
This paper studies the effects of the high-speed internet expansion on the match quality of new hires. We combine data … on internet availability at the local level with German individual register and vacancy data. Results show that internet …
Persistent link: https://www.econbiz.de/10012660624
Over the last decade, there have been vast improvements in surveillance technology and the availability, storage, and mining of personal information online, supported by developments in big data analytics. This has created a public policy conundrum over balancing the benefits of big data with...
Persistent link: https://www.econbiz.de/10012966612
matching comparison methodology developed by Ñopo (2008). In Brazil, racial wage gaps are more pronounced than those found …
Persistent link: https://www.econbiz.de/10010278245
unemployment among job-seekers. Using exact matching on labour market history and personal characteristics we find positive effects …
Persistent link: https://www.econbiz.de/10010317939
Starting with an initial price vector, prices are adjusted in order to eliminate the demand excess and at the same time to keep the transfers to the sellers as low as possible. In each step of the auction, to which sellers should those transfers be made (minimal overdemanded sets) is the key...
Persistent link: https://www.econbiz.de/10010284074
Computer and Internet use, especially in developing countries, has expanded rapidly in recent years. Even in light of … Internet penetration, both currently and over time, we examine panel data for 161 countries over the 1999-2004 period. We … factors associated with computer and Internet penetration do not differ substantially between developed and developing …
Persistent link: https://www.econbiz.de/10010285318
Financial options typically incorporate times of exercise. Alternatively, they embody set-up costs or indivisibilities. Such features lead to planning problems with integer decision variables. Provided the sample space be finite, it is shown here that integrality constraints can often be...
Persistent link: https://www.econbiz.de/10013208513
This paper tackles the "aggregation problem" for stochastic economies with possibly incomplete market. An "aggregation theorem" is proved towards an analytic construction of the representative agent’s utility function. This is done within a general time-state setup with general utility...
Persistent link: https://www.econbiz.de/10011132892
Market imperfections affect virtually every transaction in some way, generating costs that interfere with trades that rational individuals make, or would make, in the absence of the imperfection. Understanding these costs gives us insight regarding the total costs of transactions, where to place...
Persistent link: https://www.econbiz.de/10010397635
This paper characterizes the equilibrium outcomes of two-stage games in which the second mover has private information and can sign renegotiable contracts with a neutral third-party. Our aim is to understand whether renegotiation-proof third-party contracts can confer a strategic advantage on...
Persistent link: https://www.econbiz.de/10010500203