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that such rules are cost monotonic and induce also population monotonic allocation schemes.Another characteristic of …
Persistent link: https://www.econbiz.de/10011090299
delivers a population monotonic allocation scheme.A conewise positive linearity property is one of the basic ingredients of an …
Persistent link: https://www.econbiz.de/10011090677
-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …
Persistent link: https://www.econbiz.de/10011090392
Persistent link: https://www.econbiz.de/10011092067