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Eeckhout, Jan; Kircher, Philipp - 2009

We argue that using wage data alone, it is virtually impossible to identify whether Assortative Matching between worker and firm types is positive or negative. In standard competitive matching models the wages are determined by the marginal contribution of a worker, and the marginal contribution...

Persistent link: https://www.econbiz.de/10010269035

Peer effects and social networks in education

Calvó-Armengol, Antoni; Patacchini, Eleonora; Zenou, Yves - 2008

This paper studies whether structural properties of friendship networks affect individual outcomes in education. We first develop a model that shows that, at the Nash equilibrium, the outcome of each individual embedded in a network is proportional to her Katz-Bonacich centrality measure. This...

Persistent link: https://www.econbiz.de/10010269037

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

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