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The paper provides a general equilibrium analysis in which individual decisions determine the aggregate divorce rate and are influenced by it. Reinforcement is caused by search frictions and a meeting technology whereby remarriage is more likely if the divorce rate is higher, implying multiple...
Persistent link: https://www.econbiz.de/10005675344
This survey combines ideas and results from sociology and economics, recognizing that economic decisions are often shaped by social concerns and influences. Based on the sociological literature, we define social status and describe its measurement. We then describe the role of social status in...
Persistent link: https://www.econbiz.de/10005675358
This paper examines the role of social rewards as a corrective mechanism for activities which generate externalities. The focus of this paper is the circumstances under which sicial rewards provide effective and feasible incentive mechanism that may replace laws and regulations.
Persistent link: https://www.econbiz.de/10005675376
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The paper provides a general equilibrium analysis in which individual decisions determine the aggregate divorce rate and are influenced by it. Reinforcement is caused by search frictions and a meeting technology whereby remarriage is more likely if the divorce rate is higher, implying multiple...
Persistent link: https://www.econbiz.de/10005489269
This paper develops a descriptive methodology for the analysis of wage growth of immigrants, based on human capital theory. The sources of the wage growth are : (i) the rise of the return to imported human capital; (ii) the impact of accumulated experience in the host country; and, (iii) the...
Persistent link: https://www.econbiz.de/10005489272
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