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Global aging and fiscal policy with international labor mobility: a political economy perspective

Tosun, Mehmet Serkan - 2009

This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and...

Persistent link: https://www.econbiz.de/10010269040

Offshoring and unemployment: the role of search frictions and labor mobility

Mitra, Devashish; Ranjan, Priya - 2009

In a two-sector, general-equilibrium model with labor-market search frictions, we find that wage increases and sectoral unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the sector with the lower (or equal) vacancy...

Persistent link: https://www.econbiz.de/10010269045

Measuring unemployment insurance generosity

Pallage, Stéphane; Scruggs, Lyle; Zimmermann, Christian - 2008

In this paper, we develop a methodology to summarize the various policy parameters of an unemployment insurance scheme into a single generosity parameter. Unemployment insurance policies are multdimensional objects. They are typically defined by waiting periods, eligibility duration, benefit...

Persistent link: https://www.econbiz.de/10010269048

A martingale representation for matching estimators

Abadie, Alberto; Imbens, Guido W. - 2009

matching estimators. As an illustration of the applicability of the theory, we derive the asymptotic distribution of a matching …

Persistent link: https://www.econbiz.de/10010269062

Agency and communication in IMF conditional lending: theory and empirical evidence

Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009

the countries' authorities, openness, and transparency, consistently with the theory. …

Persistent link: https://www.econbiz.de/10010269064

Life expectancy and economic growth: the role of the demographic transition

Cervellati, Matteo; Sunde, Uwe - 2009

the role of the econometric specification. We present a simple theory of the economic and demographic transition where … individuals' education and fertility decisions depend on their life expectancy. The theory predicts that before the demographic …

Persistent link: https://www.econbiz.de/10010269079

Supply theory sans profit-maximization

Dasgupta, Indraneel - 2009

predictive content of the traditional theory of competitive supply. A number of key results in the deterministic theory follow as … predictive content of the classical theory of competitive firm behavior from its a priori roots in profit maximization, while … subsuming the traditional theory as a special case. …

Persistent link: https://www.econbiz.de/10010269089

Employment and exchange rates: the role of openness and technology

Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - 2009

. Economic theory suggests that the impact of exchange rates should vary with the degree of exposure to international competition …

Persistent link: https://www.econbiz.de/10010269093

Do targeted hiring subsidies and profiling techniques reduce unemployment?

Jahn, Elke J.; Wagner, Thomas - 2008

To reduce unemployment targeted hiring subsidies for long-term unemployed are often recommended. To explore their effect on employment and wages, we devise a model with two types of unemployed and two methods of search, a public employment service (PES) and random search. The eligibility of a...

Persistent link: https://www.econbiz.de/10010269101

Imposing economic constraints in nonparametric regression: survey, implementation and extension

Henderson, Daniel J.; Parmeter, Christopher F. - 2009

Economic conditions such as convexity, homogeneity, homotheticity, and monotonicity are all important assumptions or consequences of assumptions of economic functionals to be estimated. Recent research has seen a renewed interest in imposing constraints in nonparametric regression. We survey the...

Persistent link: https://www.econbiz.de/10010269107