Showing 1 - 10 of 184
We analyse the efficiency of the labour market outcome in a competitive search equilibrium model with endogenous …
Persistent link: https://www.econbiz.de/10005661864
We explore potential methods for assessing whether licensing terms for intellectual property declared essential within a standard setting organization can be considered fair, reasonable, and non-discriminatory (FRAND). We first consider extending Georgia-Pacific to a standard setting context. We...
Persistent link: https://www.econbiz.de/10005504215
We propose a theory of skill mobility across cities. It predicts the well documented city size--wage premium: the wage distribution in large cities first-order stochastically dominates that in small cities. Yet, because this premium is reflected in higher house prices, this does not necessarily...
Persistent link: https://www.econbiz.de/10008784748
In this paper we examine the long term effects of socialization and segregation in schools, on labour market outcomes. We incorporate a model of “informational” peer influence by which beliefs of pupils are affected by exposure to other pupils’ posterior beliefs. Specifically, we focus on...
Persistent link: https://www.econbiz.de/10011165664
School choice aims to improve (1) the matching between children and schools and (2) students’ educational outcomes. Yet … priorities: (1) the gains in terms of matching seem limited, because the equilibrium allocation is not very different from a …
Persistent link: https://www.econbiz.de/10011084223
This paper makes the following point: “detracking” schools, that is preventing them from allocating students to classes according to their ability, may lead to an increase in income residential segregation. It does so in a simple model where households care about the school peer group of...
Persistent link: https://www.econbiz.de/10011084711
The 1993 Survey of Household Income and Wealth, a large cross-section of the Italian population covering 24,000 individuals, reports detailed information on children’s attendance of public and private schools and parents’ assessments of the quality of public schools in the city of residence....
Persistent link: https://www.econbiz.de/10005789006
A large school consolidation reform in the Netherlands changed minimum school size rules underlying public funding. The supply of schools decreased by 15 percent, but this varied considerably across municipalities. We find that reducing the number of schools by 10 percent increases pupils'...
Persistent link: https://www.econbiz.de/10008854500
Motivated by the regulatory debate in electricity markets, we seek to understand how market design affects market performance through its impact on investment incentives. For this purpose, we study a two-stage game in which firms choose their capacities under demand uncertainty prior to bidding...
Persistent link: https://www.econbiz.de/10005656328
We survey the literature analysing the price formation and trading process, and the consequences of market organization for price discovery and welfare. We develop a united perspective on theoretical, empirical and experimental approaches. We discuss the evidence on transaction costs and the...
Persistent link: https://www.econbiz.de/10005788974