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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
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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
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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
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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
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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
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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
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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
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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
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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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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