Similar Search Results

Imperfect Information, Lagged Labor Adjustment and the Great Moderation

Willems, Tim; Wijnbergen, Sweder van - Tinbergen Institute - 2009

This paper first documents the increase in the time lag with which labor input reacts to output fluctuations ("the labor adjustment lag") that is visible in US data since the mid-1980s. We show that a lagged labor adjustment response is optimal in a setting where there is uncertainty about the...

Persistent link: https://www.econbiz.de/10004964451

Optimal Taxation of Human Capital and Credit Constraints

Jacobs, Bas - Tinbergen Institute - 2002

We study optimal linear income taxation in a model with heterogeneous agents where earnings potentials are endogenously determined through human capital accumulation. Agents differ in initial conditions and ability to learn. Capital market imperfections prevent poor agents to invest optimally in...

Persistent link: https://www.econbiz.de/10005137104

Capital Market Failure, Adverse Selection and Equity Financing of Higher Education

Jacobs, Bas; Wijnbergen, Sweder J.G. van - Tinbergen Institute - 2005

We apply theories of capital market failure to ana1yze

Persistent link: https://www.econbiz.de/10005209498

Gender Differences, HIV Risk Perception and Condom Use

Lammers, Judith; Wijnbergen, Sweder van; Willebrands, Daan - Tinbergen Institute - 2011

We analyze how HIV-knowledge influences condom use across the sexes. The empirical work is based on a household survey … questions on knowledge of the existence of HIV, HIV prevention, HIV stigma, intended pregnancy, and risk perceptions of engaging … in unprotected sex. We observe a large HIV knowledge gap between males and females. Moreover, across the sexes different …

Persistent link: https://www.econbiz.de/10008867503