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Gerlach and Stephan (1994) proposed a test based on the idea that the wage premium, the part of the wage which is not explained by the stock of human capital, should help predict variables such as career expectations (quit, change occupation, leave the labour force) and some job characteristics...
Persistent link: https://www.econbiz.de/10011621685
Dieser Aufsatz beschreibt neuere Entwicklungen in der Aggregationstheorie sowie ausgewählte empirische Arbeiten. Diese stellen exemplarisch dar, wie die Mikroökonometrie eingesetzt werden kann, um Aggregationsprobleme zu untersuchen und approximative Lösungen zu finden. Der Schwerpunkt liegt...
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This paper studies the aggregate substitution and expansion effects triggered by changes in input prices, in a context where firms supply a homogenous commodity and compete in quantities à la Cournot. We derive a sufficient condition for the existence of a Cournot equilibrium and show that this...
Persistent link: https://www.econbiz.de/10003931037
The availability of quantity information along with expenditure information in some household surveys allows the estimation of price reactions on the basis of unit values. We compare two specifications that have been proposed in this context by Deaton (1990) and Crawford et al. (1997) in order...
Persistent link: https://www.econbiz.de/10011427724
We analyze the performance of firms in the German business-related services sector. A quarterly business survey provides the panel data base of our study. Firm performance is measured by the survey respondents' ordinal indication of their changes in total sales. We use a firstorder Markov chain...
Persistent link: https://www.econbiz.de/10011444722
This paper provides non-parametric estimates of the relation between nutrient intake and age for Czechoslovak individuals, as a function of characteristics of both the individual and the household she lives in, on the basis of household purchases. Results show no significant difference between...
Persistent link: https://www.econbiz.de/10011445193