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The Development under Climate Change research effort provides a basis for determining quantitative impacts on infrastructure from climate change. This paper provides results of an analysis of sea level rise impacts on road infrastructure in Vietnam. The s
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This paper studies the role of worker learning in a labor market where workers have incomplete information about the … experience. Allowing workers to learn from experience generates a decline in job finding probabilities with age that is … consistent with patterns found in the data. Moreover, workers with more past experience will on average have less wage volatility …
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hinges on prior job experience. Introducing sales-based performance pay for district- and later for store-managers, we find … performance pay decreases with experience and may even vanish in the limit. We provide empirical evidence in line with this … hypothesis, for instance, finding positive treatment effects (only) in stores with low job experience. …
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We submitted three models to the competition which were based on the I-SAW model. The models introduced four new assumptions. In the first model an adjustment process was introduced through which the tendency for exploration was higher at the beginning and decreased over time in the exploration...
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extrapolate their experience too much and make predictable forecasting errors. Moreover, firms do not seem to anticipate the …
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This paper shows that in online car auctions, resellers are better at appraising the value of the cars they are bidding on than are consumers. Using a unique data set of online car auctions, I show that differences in bidding behavior between resellers and consumers can be explained by...
Persistent link: https://www.econbiz.de/10011794576
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
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