Showing 1 - 10 of 133
This paper builds on the work of Acemoglu et al. (2012) and considers a production network with unobserved common technological factor and establishes general conditions under which the network structure contributes to aggregate fluctuations. It introduces the notions of strongly and weakly...
Persistent link: https://www.econbiz.de/10011549388
This paper investigates the main determinants of the regional representation of foreign employees in Germany. Since migration determinants are not necessarily the same for workers of different nationalities, we explain spatial patterns not only for total foreign employment but also for the 35...
Persistent link: https://www.econbiz.de/10011611136
Many economies are concerned with the future security of electricity supply. This is rooted in the necessity to decarbonise energy systems and in the nuclear phase-out. Hence, some economies, instead of investing in own domestic energy capacity, rely on energy production by their neighbours. At...
Persistent link: https://www.econbiz.de/10012433918
This paper proposes a Bayesian estimation framework for panel-data sets with binary dependent variables where a large number of cross-sectional units is observed over a short period of time, and cross-sectional units are interdependent in more than a single network domain. The latter provides...
Persistent link: https://www.econbiz.de/10012817934
We investigate how strongly the local environment beyond the family can contribute to understanding the formation of children's economic preferences. Building on precise geolocation data for around 6.000 children, we use fixed effects, spatial autoregressive models and Kriging to capture the...
Persistent link: https://www.econbiz.de/10015427316
affects bargaining demands and outcomes. We combine data from a bilateral bargaining experiment with data of trade networks in … the disclosure of participants’ identities in a bargaining pair. We derive hypotheses on how degree should affect behavior … and find partial support for them. Specifically, we observe that individual degree affects bargaining demands in the …
Persistent link: https://www.econbiz.de/10015394146
vertical supply chain. We develop a bilateral monopoly model with bargaining that accommodates upstream monopsony and … willing to trade less. Welfare is maximized when each firm's bargaining power exactly countervails the other's market power …. Otherwise, double marginalization arises in the form of double markdownization under excessive downstream bargaining power, or …
Persistent link: https://www.econbiz.de/10015434407
We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...
Persistent link: https://www.econbiz.de/10002514786
government party, especially those in the federal Cabinet, and those of lower seniority. We develop a model featuring bargaining …
Persistent link: https://www.econbiz.de/10002757702
South. In the North, there is wage bargaining between a labor union and firms, and a minimum wage rate exists. Unilateral … bargaining above a given minimum wage promotes mercantilist behavior of developed countries. -- globalization : product cycle …
Persistent link: https://www.econbiz.de/10003923503