Showing 1 - 10 of 29
This paper studies the sequential mechanisms which mimic matching procedures formany-to-one-real-life matching markets. We provide a family of mechanisms implementing thestudent´ optimal allocation in subgame perfect equibrium.
Persistent link: https://www.econbiz.de/10005515906
This paper introduces a property over agents' preferences, called Tops Responsiveness Condition. Such a property guarantees that the core in Hedonic Coalition Formation games is not empty. It is also shown that a mechanism exists that selects a stable allocation. It turns out that this...
Persistent link: https://www.econbiz.de/10005515913
In this paper we study how the Huber estimator can be adapted to the presence of endogeneity in a two stage equations setting similar to that of 2SLS. We propose an estimation procedure that is at the same time relatively (i) simple, (ii) robust and (iii) efficient. Moreover, we deal with the...
Persistent link: https://www.econbiz.de/10005515919
This paper introduces a new methodology to target direct transfers against poverty. Our method is based on observable correlates and on estimation methods that focus on the poor. Using data from Tunisia, we estimate ‘focused’ transfer schemes that improve anti-poverty targeting performances....
Persistent link: https://www.econbiz.de/10005515926
This paper studies simple hiring procedures for job markets. We show that when agents act strategically only individually rational outcomes should be expected. Moreover, If agents can form unions, thereby gaining the possibility to commit on the decision to be chosen, only stable allocations are...
Persistent link: https://www.econbiz.de/10005515948
Spatial price dispersion varies because of climatic fluctuations, marketimperfections, economic growth or economic policies. These variations areoften neglected in poverty studies.In this paper, we propose a simple simulation formula to assess the effecton poverty of a change in the spatial mean...
Persistent link: https://www.econbiz.de/10005515964
We present the asymptotic properties of double-stage quantile regression estimators with random regressors, where the first stage is based on quantile regressions with the same quantile as in the second stage, which ensures robustness of the estimation procedure. We derive invariance properties...
Persistent link: https://www.econbiz.de/10005212564
The estimation of models of activity choice in LDCs (Less Developed Countries) is complicated by specific features of labour markets. In particular, entry into activity sectors is often restricted and worked hours are rationed. Moreover, in the informal sector workers may obtain their work...
Persistent link: https://www.econbiz.de/10005212571
We introduce the serial contest by building on the desirable properties of two prominent contest games. This family of contest games relies both on relative efforts (as Tullock's proposal) and on absolute effort differences (as difference-form contests). An additional desirable feature is that...
Persistent link: https://www.econbiz.de/10005212589
In this paper, we study the return to human capital variables for wages of workers observed in Tunisian matched worker-firm data in 1999. We develop a new method based on multivariate analysis of firm characteristics, which allows us most of the benefits obtained by introducing firm dummies in...
Persistent link: https://www.econbiz.de/10005212593