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For analyzing the impact of climate change and of international climate policies on the international division of labor and on regional welfare the use of a disaggregated multi–sectoral, multi–regional dynamic computable general equilibrium model is appropriate. This paper discusses the...
Persistent link: https://www.econbiz.de/10010265456
This study investigates the role of stratification of health and income in the social cost of healthrelated early retirement, as evidenced in the German Socio-economic Panel (GSOEP). We interpret early retirement as a mechanism to limit work-related declines in health that allows poorer and less...
Persistent link: https://www.econbiz.de/10010272972
This paper introduces an innovative test of search and matching models using the exogenous variation available in experimental data. We take an off-the-shelf Pissarides matching model and calibrate it to data on the control group from a randomized social experiment. We then simulate a program...
Persistent link: https://www.econbiz.de/10010276768
This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment regions). We suggest that the...
Persistent link: https://www.econbiz.de/10010277979
This paper shows that, counter-intuitively, a higher elasticity of substitution in model production function can lead to reduced economic resilience and larger vulnerability to shocks in production factor prices. This result is due to the fact that assuming a higher elasticity of substitution...
Persistent link: https://www.econbiz.de/10010279458
The main purpose of this study was to construct different vertical scales based on various combinations of calibration … scales that result: grade-to-grade growth, grade-to-grade variability, and the separation of grade distributions. Calibration … methods investigated were concurrent calibration, separate calibration, and fixed a, b, and c item parameters for common items …
Persistent link: https://www.econbiz.de/10009466064
Model selection methods and nonparametric estimation of Levy densities are presented. The estimation relies on the properties of Levy processes for small time spans, on the nature of the jumps of the process, and on methods of estimation for spatial Poisson processes. Given a linear space S of...
Persistent link: https://www.econbiz.de/10009475888
the fit of the calibration results is to compare the sample path and the real prices. On the other hand, we match the …
Persistent link: https://www.econbiz.de/10009477969
Planning road maintenance and development activities, prioritizing road construction, reconstruction and rehabilitation works, performing project economic evaluations, forecasting road operation expenditures and road user effect always requires prediction of pavement behaviour. For this purpose...
Persistent link: https://www.econbiz.de/10009479059
Inequality between ethnic groups has been shown to be negatively related to GDP, but research on its effect on contemporary economic growth is limited by the availability of comparable data. We compile a novel and comprehensive dataset of harmonized Gini indices on ethnic inequality for...
Persistent link: https://www.econbiz.de/10014534333