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We investigate the effect of a change in the sex ratio on assortative matching in the marriage market using a large negative exogenous shock to the French male population due to WWI casualties. We analyze a novel data set that links marriage-level data to both French censuses of population and...
Persistent link: https://www.econbiz.de/10009141769
By observing the large negative exogenous shock to the French male population from to WWI casualties, we study the effect of a change in the sex ratio on marital assortative matching by social class. First, we analyzed a novel data set that links marriage-level to French population and military...
Persistent link: https://www.econbiz.de/10009141782
We study a model of financial advice where investors rely on a financial expert (the advisor) to make their asset allocation choices. There is only one source of risk and the advisor is privately informed about the volatility of the return of the risky asset. Moreover, the advisor’s...
Persistent link: https://www.econbiz.de/10010801016
We study pricing by a two-sided platform when it faces moral hazard on the sellers? side. In doing so, we introduce an equilibrium notion of platform reputation in an infinite horizon model. We find that with transaction fees only, the platform cannot eliminate the loss of reputation induced by...
Persistent link: https://www.econbiz.de/10010709986
We characterize the optimal job design in a multitasking environment when the firms rely on implicit incentive contracts (i.e., bonus payments). Two natural forms of job design are compared: (i) individual accountability, where each agent is assigned to a particular job and assumes full...
Persistent link: https://www.econbiz.de/10008783745
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We assemble a novel dataset to study the impact of male scarcity on marital assortative matching and other marriage market outcomes using the large shock that WWI caused to the number of French men. Using a difference-in-differences approach, we find that postwar in regions with higher mortality...
Persistent link: https://www.econbiz.de/10009150620
We examine the impact of agreements that prohibit "superstars" from switching their services to rivals on firms' ability to collude. Exclusivity (or non-compete) clauses are not uncommon in the sports,entertainment and professional services industries, but courts often refrain from enforcing...
Persistent link: https://www.econbiz.de/10005600485