Showing 1 - 10 of 577
Anti-poverty policy in the U.S. has emphasized labor supply policies, such as welfare reform or job training. Anti … Survey on state labor markets. The simulations suggest that forcing more disadvantaged persons into the labor market can …
Persistent link: https://www.econbiz.de/10011763220
explicitly models the relationship between changes in house prices and various measures of housing supply. The results show that … months supply of new homes places greater downward pressure on house prices that the months supply of existing homes. We … in house prices and a glut of homes for sale on the market. While the idea that this overhang of dwellings for sale …
Persistent link: https://www.econbiz.de/10010343180
The study proposes a multivariate unobserved components model in order to examine relationships at business cycle frequencies among macroeconomic variables. The series are decomposed into non-stationary trends, stationary cycles, and an irregular component. The co-movements among the particular...
Persistent link: https://www.econbiz.de/10010291762
, allowing it to explain some so far little understood differences between markets and government. The policy implications …
Persistent link: https://www.econbiz.de/10010296215
: F14, F15 Keywords: institutions, bilateral trade, gravity model, sectoral analysis, markets …
Persistent link: https://www.econbiz.de/10011318915
that low procurement prices, which allocate most of the surplus from trade to the buyer, trigger significantly less …
Persistent link: https://www.econbiz.de/10011420556
highly problematic. When we use markets in these areas, market organization tends to be supplemented by regulation and other … nonmarket structures. There are a number of areas where we fence out markets, and use other forms of organization and governance …. There used to be in economics a strong understanding of the limits of market organization, and the complex structures that …
Persistent link: https://www.econbiz.de/10010328604
This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in …
Persistent link: https://www.econbiz.de/10010328753
Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...
Persistent link: https://www.econbiz.de/10010328793
This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in …
Persistent link: https://www.econbiz.de/10010332043