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We evaluate the effect of vehicle recalls on vehicle transactions in the second-hand market. Using a rich dataset of … Dutch vehicle registrations, we exploit the quasi-experimental variation in recalls across nearly-identical cars. We find … increase (decrease) in transactions after a recall. Based on our theoretical model, this suggests that recalls increase sorting …
Persistent link: https://www.econbiz.de/10012314923
In this paper we investigate the incentives of unemployed workers to wait for a recall when recall probabilities are endogenously determined by the waiting decisions of others. Because of a positive externality that arises when workers seek new employment, an excessive number of workers choose...
Persistent link: https://www.econbiz.de/10010315322
Persistent link: https://www.econbiz.de/10013270257
We evaluate the effect of vehicle recalls on vehicle transactions in the second-hand market. Using a rich dataset of … Dutch vehicle registrations, we exploit the quasi-experimental variation in recalls across nearly-identical cars. We find … increase (decrease) in transactions after a recall. Based on our theoretical model, this suggests that recalls increase sorting …
Persistent link: https://www.econbiz.de/10012292873
We evaluate the effect of vehicle recalls on vehicle transactions in the second-hand market. Using a rich dataset of … Dutch vehicle registrations, we exploit the quasi-experimental variation in recalls across nearly-identical cars. We find … increase (decrease) in transactions after a recall. Based on our theoretical model, this suggests that recalls increase sorting …
Persistent link: https://www.econbiz.de/10012300291
Persistent link: https://www.econbiz.de/10011966491
Persistent link: https://www.econbiz.de/10012436137
This study presents evidence of a structural change in consumer behavior to recalls of ground beef made by the Food … with ground beef recall data from FSIS over the same period. The results of the estimation indicate that while recalls of …
Persistent link: https://www.econbiz.de/10010915935
This paper is the first to present empirical evidence consistent with models of signaling through unemployment and to uncover a new stylized fact using the 1988-2006 DWS, namely that, among white-collar workers, post-displacement earnings fall less rapidly with unemployment spells for layoffs...
Persistent link: https://www.econbiz.de/10010547351
The Longitudinal Employer-Household Dynamics (LEHD) Program at the U.S. Census Bureau, with the support of several national research agencies, has built a set of infrastructure files using administrative data provided by state agencies, enhanced with information from other administrative data...
Persistent link: https://www.econbiz.de/10009643157