Showing 1 - 4 of 4
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
This paper investigates the impact of individual asset holdings on the probability of leaving unemployment. According … to the theory, higher levels of financial wealth will result in higher reservation wages and longer unemployment … out of unemployment. In particular, negative levels of wealth increase significantly the hazard of leaving unemployment …
Persistent link: https://www.econbiz.de/10011090674
In this paper, we investigate the relationship between financial wealth, reservation wages and labour market transitions. According to the theory, higher levels of wealth will result in higher reservation wages and lower employment probabilities. We test for the validity of this assumption by...
Persistent link: https://www.econbiz.de/10011092772