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Equality of opportunity is a principle of justice that is built on two fundamental ideas. On the one hand, outcome differences across individuals are unacceptable if they are rooted in factors that are beyond individual control. Examples of such circumstance characteristics are the biological...
Persistent link: https://www.econbiz.de/10012484012
This paper estimates the effects of the EU enlargements in the 2000s for trade in parts and components and trade in final goods separately. A gravity model is applied to disaggregated trade data over the period 1999 - 2009 for trade between EU and OECD countries. The estimation approach accounts...
Persistent link: https://www.econbiz.de/10010383871
the labour market and long run involuntary unemployment. There are many empirical studies on efficiency wages in developed …, including ownership, size, industry type, education, skill, and gender. Our panel data estimation results indicate that state … positive effects on wages, and that there is gender discrimination in the manufacturing section of the labor market. Finally …
Persistent link: https://www.econbiz.de/10013090553
How do people react to setbacks and successes? I introduce a new measure of challenge-seeking to determine the effect of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment compete in two-person tournaments and are then informed of...
Persistent link: https://www.econbiz.de/10013049206
How do people react to setbacks and successes? I introduce a new measure of challenge-seeking to determine the effect of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment compete in two-person tournaments and are then informed of...
Persistent link: https://www.econbiz.de/10013051368
Labour productivity reflects a firm's ability to generate higher production or value-added. This paper analyses labour productivity and its determinants in the manufacturing and service sectors in Kenya. As the largest economy in East Africa, it is crucial for Kenya to have high labour...
Persistent link: https://www.econbiz.de/10012992728
We study the determinants of new and repeated research collaborations, drawing on the co-authorship network of the International Monetary Fund (IMF)'s Working Papers series. Being an outlet where authors express their views on topics of interest, and given that IMF staff is not subject to the...
Persistent link: https://www.econbiz.de/10013249731
We augment the standard asymmetric learning model with costly effort. With this adjustment, wages become fully informative of employee productivity, rather than merely reflective of public signals. Further, strategies designed to mask employee quality, commonly seen in standard models, become...
Persistent link: https://www.econbiz.de/10013299217
We study the distributional effect of a wage indexation mechanism - the Scala Mobile (SM) - that heavily compressed the distribution of Italian wages during the 1970s and 1980s. The SM imposed large real wage increases at the bottom of the distribution and was essentially irrelevant for...
Persistent link: https://www.econbiz.de/10011308424
horizontal mergers are substantially decreased, if involuntary unemployment exists. However, in full employment economies, demand … ; involuntary unemployment ; efficiency defense ; oligopoly ; competition …
Persistent link: https://www.econbiz.de/10003836388