Showing 91 - 100 of 448
This paper measures the contribution of knowing Catalan to finding a job in Catalonia. In the early eighties a drastic language policy change (normalització) promoted the learning and use of Catalan and managed to reverse the falling trend of its relative use versus Castilian (Spanish), thereby...
Persistent link: https://www.econbiz.de/10005249704
In this paper we study technology transfer (TT) in a duopoly model with heterogeneous goods under quantity and price competition. We prove that some but not all the properties of TT under homogeneous goods are preserved in our framework.
Persistent link: https://www.econbiz.de/10005249705
Contrary to the seminal paper of Horn and Wolinsky (1988), we demonstrate that upstream firms, which sell their products to competing downstream firms, do not always have incentives to merge horizontally. In particular, we show that when bargaining takes place over two-part tariffs, and not over...
Persistent link: https://www.econbiz.de/10005249706
Here we investigate the existence of credit in a cash-in-advance economy where there are complete markets but for the fact that agents cannot commit to repay their debts. Defectors are banned from the credit market but they can use money balances for saving purposes. Without uncertainty,...
Persistent link: https://www.econbiz.de/10005249707
Recently, it has been claimed that full-information multiple equilibria in games with strategic complementarities are not robust, because generalizing to allow slightly heterogeneous information implies uniqueness. This paper argues that this "global games" uniqueness result is itself not...
Persistent link: https://www.econbiz.de/10005249708
In the context of educational segregation by ethnic group, it has been argued that rigorous pair wise segregation comparisons over time or across space should be invariant in two situations: when the ethnic composition of the population changes while the distribution of each ethnic group over...
Persistent link: https://www.econbiz.de/10005249709
This paper presents an algorithm based on the bootstrap to select an admissible aggregation level, that is, the minimum number of occupational categories which yield a gender segregation value which is not significantly smaller than that obtained from the large number of occupational categories...
Persistent link: https://www.econbiz.de/10005249710
We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden-information context. In our benchmark case, each principal is matched with one agent of unknown type. In our second treatment, a principal can select one of three agents, while in a...
Persistent link: https://www.econbiz.de/10005249711
This paper uses the Tax Reform Act of 1986 (TRA86) as a natural experiment to evaluate the job mobility response of prime aged US employees participating into employer sponsored defined benefit (DB) pension plans to a reduction in the vesting period for pension rights accrual. The repeated panel...
Persistent link: https://www.econbiz.de/10005249712
We derive alternative sufficient conditions for the value of public information to be either positive or negative in a Cournot duopoly where firms technology exhibits constant returns to scale.
Persistent link: https://www.econbiz.de/10005249713