Showing 1 - 10 of 73
determining contest choice. Complete sorting exists only when the proportion of high-ability contestants is sufficiently small. As … this proportion increases, high-ability contestants shy away from competition and sorting decreases, such that, reverse … sorting becomes a possibility. We test our theoretical predictions with a large panel data set containing contest choice over …
Persistent link: https://www.econbiz.de/10011446156
In this paper, we investigate the sorting of workers in firms to understand gender gaps in labor market outcomes. Using …
Persistent link: https://www.econbiz.de/10012142376
Persistent link: https://www.econbiz.de/10013259796
Persistent link: https://www.econbiz.de/10012310722
How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and estimate a search and matching model for workers with a VET degree. Workers differ in interpersonal, cognitive and manual skills, while firms require and value different...
Persistent link: https://www.econbiz.de/10012022569
Persistent link: https://www.econbiz.de/10013543119
Persistent link: https://www.econbiz.de/10013482198
We analyze delistings from European stock exchanges 1995-2005 as a function of market conditions, firm effects and governance regulation. We find that investor protection and corporate governance quality reduce the likelihood of going private, bankrupt or liquidated, but increase the likelihood...
Persistent link: https://www.econbiz.de/10012142330
This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set solution concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with the...
Persistent link: https://www.econbiz.de/10012814516
Persistent link: https://www.econbiz.de/10012296964