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Time and energy are major inputs into the production of household goods and services. The introduction of time-saving innovations allows households to change their activity patterns and to reallocate their time across competing activities. As a result, the market penetration of time-saving...
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This dissertation includes three essays on employers' search behavior that explore a simple yet central question to the literature on search, i.e., do the costs of continued search affect employers' search behavior and if so what adjustments are employers willing to undergo to avoid a future...
Persistent link: https://www.econbiz.de/10009430641
Employers are steadily increasing their reliance on technology when recruiting. On the one hand, this technology enables the wide dissemination of information and the management of large quantities of data at a relatively low cost. On the other hand, it introduces new costs and risks. The ease...
Persistent link: https://www.econbiz.de/10013266256
Drawing on a dataset of job openings posted at an online job board, the authors find that employers are less likely to offer performance-based pay when a job entails multitasking, quality control, or team work than when a job does not entail these tasks. This finding is consistent with the...
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Price risk is an important factor for both copper purchasers, who use the commodity as a major input in their production process, and copper refiners, who must deal with cash‐flow volatility. Information from NYMEX cash and futures prices is used to examine optimal hedging behavior for agents...
Persistent link: https://www.econbiz.de/10011197413
GARCH-jump models of metal price returns, while allowing for sudden movements (jumps), apply the same specification of the jump component in both 'bear'and 'bull' markets. As a result, the more frequent but relatively small jumps that occur in both bear and bull markets dominate the...
Persistent link: https://www.econbiz.de/10005091311
Using a new data source on early Canadian strikes, this paper seeks to explain the determinants of strike durations, 1901-14. Three different approaches are evaluated: a screening model, a strike-waves model, and a war-of-attrition model. The results are sensitive to strike issue. For non-wage...
Persistent link: https://www.econbiz.de/10005100875