Similar Search Results

Employment, exchange rates and labour market rigidity

Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - 2010

There is increasing evidence that the interaction between shocks and labour market institutions is crucial to understanding the dynamics of employment. In this paper, we show that the inclusion of labour adjustment costs in a trade model affects the impact of exchange rate movements on...

Persistent link: https://www.econbiz.de/10010269855

Local labor markets

Moretti, Enrico - 2010

I examine the causes and the consequences of differences in labor market outcomes across local labor markets within a country. The focus is on a long-run general equilibrium setting, where workers and firms are free to move across localities and local prices adjust to maintain the spatial...

Persistent link: https://www.econbiz.de/10010269860

Earnings progression, human capital and incentives: Theory and evidence

Frederiksen, Anders - 2010

The career prospects of newly recruited employees differ substantially within an organization. The stars experience a considerable growth in earnings; others can hardly maintain their entry salaries. This article sheds light on the mechanisms generating the observed heterogeneity in earnings...

Persistent link: https://www.econbiz.de/10010269862

Moody choice

Manzini, Paola; Mariotti, Marco - 2010

If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this paper we argue that, even with full unpredictability of mood, the way choices from a menu relate to choices from another menu exhibits some structure. We present two alternative...

Persistent link: https://www.econbiz.de/10010269873

Small state regional cooperation, South-South and South-North migration, and international trade

Schiff, Maurice - 2010

This paper provides a different basis than previous analyses for regional bloc formation and regional migration. Due to low bargaining power and fixed costs, small states face a severe disadvantage in negotiations with the rest of the world and might benefit by forming a regional bloc. The study...

Persistent link: https://www.econbiz.de/10010269875

The distinction between dictatorial and incentive policy interventions and its implication for IV estimation

Belzil, Christian; Hansen, Jörgen - 2010

We investigate if, and under which conditions, the distinction between dictatorial and incentive-based policy interventions affects the capacity of Instrument Variable (IV) methods to estimate the relevant treatment effect parameter of an outcome equation. The analysis is set in a non-trivial...

Persistent link: https://www.econbiz.de/10010269878

Identification and estimation of distributional impacts of interventions using changes in inequality measures

Firpo, Sergio - 2010

inequality measures of the potential outcomes of receiving and not receiving the treatment. These differences are called … 'Inequality Treatment Effects' (ITE). The estimation procedure involves a first non-parametric step in which the probability of … inequality measures are computed using weights based on the estimated propensity-score. Root-N consistency, asymptotic normality …

Persistent link: https://www.econbiz.de/10010269881

Documentation IZAΨMOD: The IZA policy sImulation mODel

Peichl, Andreas; Schneider, Hilmar; Siegloch, Sebastian - 2010

This paper describes IZAΨMOD, the policy microsimulation model of the Institute for the Study of Labor (IZA). The model uses household microdata from the German Socio-Economic Panel Study and firm data from the German linked employer-employee dataset LIAB. IZAΨMOD consists of three components:...

Persistent link: https://www.econbiz.de/10010269886

Guilt from promise-breaking and trust in markets for expert services: Theory and experiment

Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - 2010

We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert's provision and charging decisions. We argue that the expert's...

Persistent link: https://www.econbiz.de/10010269892

Evaluating communication strategies for public agencies: transparency, opacity, and secrecy

Lindner, Axel - 2008

This paper analyses in a simple global games framework welfare effects stemming from different communication strategies of public agencies if strategies of agents are complementary to each other: communication can either be fully transparent, or the agency opaquely publishes only its overall...

Persistent link: https://www.econbiz.de/10010269906