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The authors analyze the organization of employment in nonsimultaneous shifts, considering the shift composition of manufacturing employment, both in the business cycle frequency and in the long run. With regard to the short run, they argue that shiftwork would be procyclical and that this,...
Persistent link: https://www.econbiz.de/10005832498
An extension to Ellsberg's experiment demonstrates that attitudes to ambiguity and compound objective lotteries are tightly associated. The sample is decomposed into three main groups: subjective expected utility subjects, who reduce compound objective lotteries and are ambiguity neutral, and...
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There are four main approaches to bilateral index number theory: the fixed basket, stochastic, test and economic approaches. The paper reviews the contributions of Irving Fisher to these approaches to index number theory which are still in use today. The paper also reviews Fisher’s...
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This study uses longitudinal IMDB micro data to document the annual earnings outcomes of Canadian immigrants in four major admission categories (skill-assessed independent economic principal applicants, accompanying economic immigrants, family class immigrants, and refugees) and three annual...
Persistent link: https://www.econbiz.de/10009249151
Higher income neighbourhoods in Canada’s eight largest cities flourished economically during the past quarter century, while lower income communities stagnated. This paper identifies some of the underlying processes that led to this outcome. Increasing family income inequality drove much...
Persistent link: https://www.econbiz.de/10009249152