Similar Search Results

Strategic Wage Setting and Coordination Frictions with Multiple Applications

Gautier, Pieter A.; Moraga-González, José Luis - 2004

We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...

Persistent link: https://www.econbiz.de/10010275862

Platform intermediation in a market for differentiated products

Galeotti, Andrea; Moraga-González, José Luis - 2008

We study a two-sided market where a platform attracts firms selling differentiated products and buyers interested in those products. In the unique subgame perfect equilibrium of the game, the platform fully internalizes the network externalities present in the market and firms and consumers all...

Persistent link: https://www.econbiz.de/10010275870

Bootstrap-based improvements for inference with clustered errors

Cameron, A. Colin; Miller, Douglas L.; Gelbach, Jonah B. - 2006

Microeconometrics researchers have increasingly realized the essential need to account for any within-group dependence in estimating standard errors of regression parameter estimates. The typical preferred solution is to calculate cluster-robust or sandwich standard errors that permit quite...

Persistent link: https://www.econbiz.de/10010275875

How important is selection? Experimental vs. non-experimental measures of the income gains from migration

McKenzie, David; Gibson, John - 2006

Measuring the gain in income from migration is complicated by non-random selection of migrants from the general population, making it hard to obtain an appropriate comparison group of non-migrants. This paper uses a migrant lottery to overcome this problem, providing an experimental measure of...

Persistent link: https://www.econbiz.de/10010275877

Optimal Auction Design and Irrelevance of Private Information

Mylovanov, Tymofiy; Tröger, Thomas - 2008

We consider the problem of mechanism design by a principal who has private information. We point out a simple condition under which the privacy of the principal's information is irrelevant in the sense that the mechanism implemented by the principal coincides with the mechanism that would be...

Persistent link: https://www.econbiz.de/10010275922

Skilled worker migration and trade: Inequality and welfare

Bougheas, Spiros; Nelson, Douglas R. - 2010

We develop a two-sector, two-country model where trade is driven by technological differences. Each country is populated by large number of heterogeneous workers distinguished by their level of skills. Given that one country has a technological advantage in the skilled intensive good when we...

Persistent link: https://www.econbiz.de/10010275928

Regionale Ordnungen in politischen Räumen. Ein Beitrag zur Theorie regionaler Ordnungen

Godehardt, Nadine; Lembcke, Oliver W. - 2010

The concept of regions is once again on the agenda of international relations theory (IRT). Scholars are speaking of an …

Persistent link: https://www.econbiz.de/10010275944

Merger policy to promote "global players"? : A simple model

Haufler, Andreas; Nielsen, Søren Bo - 2005

We use a simple framework where firms in two countries serve their respective domestic markets and a world market to analyze under which conditions cost-reducing mergers will be beneficial for the merging firms, the home country, and the world as a whole. For a national merger, the policies...

Persistent link: https://www.econbiz.de/10010276024

A theory of regulatory integration

Nicolaïdes, Phedon - In: Intereconomics 41 (2006) 1, pp. 37-43

Persistent link: https://www.econbiz.de/10010276059

EMU@10: Coping with rotating slumps

Landmann, Oliver - 2009

back to a decade of remarkable macroeconomic stability. Somewhat surprisingly, though, inflation differentials across … presents a stylized theoretical model of a monetary union which demonstrates how persistent inflation differentials can arise … from inflation inertia in conjunction with the loss of monetary control on the national level. The interaction of inflation …

Persistent link: https://www.econbiz.de/10010276071