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Trade policy and wage inequality: evidence from Indian manufacturing
Sen, Kunal - In: Indian Growth and Development Review 1 (2008) 2, pp. 147-171
wages of skilled workers can be attributed to the changes in trade policy that has occurred in the Indian economy since the …
Persistent link: https://www.econbiz.de/10014758915
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Trade liberalization and wage inequality in India: a mandated wage equation approach
Mishra, Prachi; Kusum Das, Deb - In: Indian Growth and Development Review 6 (2013) 1, pp. 113-127
Purpose – This paper aims to examine the relationship between trade liberalization and wages in India. Design … that trade reforms have been associated with a rise in the relative wages of medium‐skilled workers (defined as having … and inequality in India by focusing on the variation in skill categories.  …
Persistent link: https://www.econbiz.de/10014758969
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When „the Rest“ enters „the West“: Indischer Tourismus in die Zentralschweiz
Frank, Sybille - In: Zeitschrift für Tourismuswissenschaft 4 (2012) 2, pp. 221-230
Zusammenfassung Bis vor kurzem führten touristische Reiserouten in der Regel vom globalen „Westen“ in den so genannten „Rest der Welt“. Doch was passiert, wenn Menschen aus dem globalen Osten und Süden plötzlich in der Rolle zu bedienst leistender Touristinnen vor den Türen...
Persistent link: https://www.econbiz.de/10014624311
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Limited Competition, Information Asymmetry, and Organizational Forms
Seog, S. Hun - In: Asia-Pacific Journal of Risk and Insurance 1 (2006) 2
The theory of information asymmetry has explained the coexistence of stock and mutual companies in the insurance market. However, there is discrepancy between the theory and empirical findings. This paper proposes a simple theory to fill the gap between the theory and empirical findings. Our...
Persistent link: https://www.econbiz.de/10014585432
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Assessing Adverse Selection in Crop Insurance Markets: An Application of Parametric and Nonparametric Methods
Makki, Shiva S.; Somwaru, Agapi L. - In: Asia-Pacific Journal of Risk and Insurance 2 (2007) 1
This paper investigates adverse selection in crop insurance markets using both parametric and nonparametric methods. Our results reject the conditional independence of the choice of insurance contracts and risk of loss, implying the presence of informational asymmetries between insurers and...
Persistent link: https://www.econbiz.de/10014585434
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Testing for Adverse Selection in China's Auto Insurance Market
Gao, Feng; Wang, Jun - In: Asia-Pacific Journal of Risk and Insurance 5 (2011) 1
This paper empirically examines the adverse selection models by using the data from China’s personal automobile insurance market through the standard positive-correlation test. Results show that higher-risk insurance policyholders do tend to buy insurance with a lower coinsurance rate, which...
Persistent link: https://www.econbiz.de/10014585482
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Contractual Externalities and Common Agency Equilibria
Martimort, David; Stole, Lars - In: Advances in Theoretical Economics 3 (2003) 1
This paper characterizes the equilibrium sets of common agency games with direct externalities between principals when they compete with nonlinear prices. Direct externalities arise when the contracting variable of one principal directly affects the other principal's payoff. First, we...
Persistent link: https://www.econbiz.de/10014588984
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Adverse Selection and Insurance Contracting: A Rank-Dependent Utility Analysis
Ryan, Matthew Joseph; Vaithianathan, Rhema - In: Contributions in Theoretical Economics 3 (2003) 1
Stiglitz (1977) established three well-known features of monopoly insurance markets subject to adverse selection: (i) at least one market segment is served, despite the informational asymmetry; (ii) there is always some screening of risk classes; and (iii) efficiency is sacrificed to achieve...
Persistent link: https://www.econbiz.de/10014589019
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Rat Races and Glass Ceilings
Bardsley, Peter; Sherstyuk, Katerina - In: Topics in Theoretical Economics 6 (2006) 1
principal offers, and promotion-motivated agents accept, harsh rat race contracts with low wages and high effort levels. Hiring …
Persistent link: https://www.econbiz.de/10014589086
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Adverse Selection in Retiree Prescription Drug Plans
Goldman, Dana P; Joyce, Geoffrey; Karaca-Mandic, Pinar; … - In: Forum for Health Economics & Policy 9 (2006) 1
We used claims data from a large U.S. employer that introduced changes in its medical and drug coverage offerings in 2002 for non-Medicare eligible retirees. In addition to the existing plans, the employer introduced two new plans in 2002 that were less generous both in terms of medical and drug...
Persistent link: https://www.econbiz.de/10014591953