Showing 1 - 10 of 1,025
forming their preferences and evaluating its fairness. Taking advantage of the Bismarckian rule of proportionality in Germany …, we provide experimental and survey-based evidence indicating that voters and politicians adjust their preferences and …
Persistent link: https://www.econbiz.de/10014567483
forming their preferences and evaluating its fairness. Taking advantage of the Bismarckian rule of proportionality in Germany …, we provide experimental and survey-based evidence indicating that voters and politicians adjust their preferences and …
Persistent link: https://www.econbiz.de/10014563788
Consumers often cannot judge the quality of goods and services at the time of the purchase decision. The goodwill model explains how the market participants deal with this problem. It makes a distinction between markets for search goods, experience goods and credence goods. In markets for...
Persistent link: https://www.econbiz.de/10013154499
Economics has evolved over time, and it helps to explain and shape the actors’ economic activities. Although economics is useful to humans’ lives, it is either failed or insufficient to justify many real-world cases, ranging from humans’ rapid and/or unpredictable progress in the...
Persistent link: https://www.econbiz.de/10014347938
panel data it shows that regional wage differentials are partly attributable to localized human capital externalities … as instrumental variables, the paper shows that human capital externalities are underestimated in ordinary panel … human capital externalities are more pronounced in manufacturing than in the service sector. We find indication that highly …
Persistent link: https://www.econbiz.de/10003849359
externalities arising from the regional share of highly qualified workers. Employing the regional number of public schools and of … students as instrumental variables the paper shows that human capital externalities are underestimated in ordinary panel …. An analysis by sector reveals that human capital externalities are more pronounced in manufacturing than in the service …
Persistent link: https://www.econbiz.de/10009373720
externalities arising from the regional share of highly qualified workers. Employing the regional number of public schools and of … students as instrumental variables the paper shows that human capital externalities are underestimated in ordinary panel …. An analysis by sector reveals that human capital externalities are more pronounced in manufacturing than in the service …
Persistent link: https://www.econbiz.de/10009373723
externalities arising from the regional share of highly qualified workers. Employing the regional number of public schools and of … students as instrumental variables the paper shows that human capital externalities are underestimated in ordinary panel …. An analysis by sector reveals that human capital externalities are more pronounced in manufacturing than in the service …
Persistent link: https://www.econbiz.de/10012712781
Do firms learn to forecast future business conditions after major structural changes to the economy? How long does it take? We exploit German Reunification as a natural experiment, where firms in the East are treated with ignorance about the distribution of market states, to test a Bayesian...
Persistent link: https://www.econbiz.de/10012857100
Persistent link: https://www.econbiz.de/10014250287