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Testing for the Option Value of Migration

Locher, Lilo - 2001

Using uncertainty about the future returns to migration, the option value theory of migration can explain low migration … rates in spite of huge wage differences. This paper presents the theory in a simple two-period framework and uses ethnic … as theory predicts. …

Persistent link: https://www.econbiz.de/10010262606

Labor Market Flows and Equilibrium Search Unemployment

Garibaldi, Pietro; Wasmer, Etienne - 2001

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching … labor force and rises the share of attached workers. Finally, our theory suggests that contrary to two-state models …

Persistent link: https://www.econbiz.de/10010262607

Fertility, Female Labor Supply and Public Policy

Apps, Patricia; Rees, Ray - 2001

Historically, in virtually all developed economies there seems to be clear evidence of an inverse relationship between female labor supply and fertility. However, particularly in the last decade or so, the relationship across countries has been positive: for example countries like Germany, Italy...

Persistent link: https://www.econbiz.de/10010262610

Cognitive Ability and Paternalism

Saint-Paul, Gilles - 2002

This paper analyses the welfare effects of price restrictions on private contracting in a world where agents have a limited cognitive ability. People compute the costs and benefits of entering a transaction with an error. The government knows the distribution of true costs and benefits as well...

Persistent link: https://www.econbiz.de/10010262616

Economic Aspects of Human Cloning and Reprogenetics

Saint-Paul, Gilles - 2002

This paper analyses the economic issues associated with human cloning and new reproductive technologies. We analyze the incentives for human cloning and its implications for the long run distribution of skills and income. We analyse models of human cloning for different motives, focusing on...

Persistent link: https://www.econbiz.de/10010262617

How Do Firms Redline Workers?

Zenou, Yves - 2002

In a city where individuals endogenously choose their residential location, firms determine their spatial efficiency wage and a geographical red line beyond which they do not recruit workers. This is because workers experiencing longer commuting trips provide lower effort levels than those...

Persistent link: https://www.econbiz.de/10010262618

Why Are Jobs Designed the Way They Are?

Zoghi, Cindy; Levenson, Alec; Gibbs, Michael - 2005

In this paper we study job design. Will an organization plan precisely how the job is to be done ex ante, or ask workers to determine the process as they go? We first model this decision and predict complementarity between these job attributes: multitasking, discretion, skills, and...

Persistent link: https://www.econbiz.de/10010262638

To Draft or Not to Draft? Efficiency, Generational Incidence, and Political Economy of Military Conscription

Poutvaara, Panu; Wagener, Andreas - 2005

We study the efficiency and distributional consequences of establishing and abolishing the draft in a dynamic model with overlapping generations, taking into account endogenous human capital formation as well as government budget constraints. The introduction of the draft initially benefits the...

Persistent link: https://www.econbiz.de/10010262660

Nonparametric IV Estimation of Local Average Treatment Effects with Covariates

Frölich, Markus - 2002

In this paper nonparametric instrumental variable estimation of local average treatment effects (LATE) is extended to … incorporate confounding covariates. Estimation of local average treatment effects is appealing since their identification relies … variable models. Including covariates in the estimation of LATE is necessary when the instrumental variable itself is …

Persistent link: https://www.econbiz.de/10010262665

Human Capital Formation, Life Expectancy and the Process of Economic Development

Cervellati, Matteo; Sunde, Uwe - 2002

This paper presents a non-Malthusian theory of long-term development We model the interplay between the process of …

Persistent link: https://www.econbiz.de/10010262667