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Hidden Skewness: On the Difficulty of Multiplicative Compounding under Random Shocks

Ensthaler, Ludwig; Nottmeyer, Olga; Weizsäcker, Georg; … - 2015

Multiplicative growth processes that are subject to random shocks often have an asymmetric distribution of outcomes. In a series of incentivized laboratory experiments we show that a large majority of participants either strongly underestimate the asymmetry or ignore it completely. Participants...

Persistent link: https://www.econbiz.de/10012038673

Income-dependent equivalence scales and choice theory implications for poverty measurement

Koulovatianos, Christos; Schröder, Carsten - 2022

Equivalence Scales are a tool for removing the heterogeneity of household sizes in the measurement of inequality, and affect poverty assessments and poverty lines. We address the disadvantage that poor households may suffer due to their reduced ability to share goods within the household. This...

Persistent link: https://www.econbiz.de/10012802563

Organizations, diffused pivotality and immoral outcomes

Falk, Armin; Szech, Nora - 2013

This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...

Persistent link: https://www.econbiz.de/10010316436

European Labour Mobility: Challenges and Potentials

Zimmermann, Klaus F. - 2004

migration policies across Europe and (ii) that the European Union needs to become an active player on the international labour …

Persistent link: https://www.econbiz.de/10010260825

The Role of Remittances in Migration Decision: Evidence from Turkish Migration

Akkoyunlu, Sule; Siliverstovs, Boriss - 2007

analysis. In traditional migration theories, especially in human capital models, the decision to migrate is based upon … comparison of expected future incomes in the sending and the receiving countries adjusted for the cost of migration. By contrast …, the new economics of labour migration suggests that the migration decision is made jointly by the migrant and his family …

Persistent link: https://www.econbiz.de/10010260919

Unemployment Dynamics among Migrants and Natives

Uhlendorff, Arne; Zimmermann, Klaus F. - 2006

Unemployment rates are often higher for migrants than for natives. This could result from longer periods of unemployment as well as from shorter periods of employment. This paper jointly examines male native-migrant differences in the duration of unemployment and subsequent employment using...

Persistent link: https://www.econbiz.de/10010260979

What Affects the Remittances of Turkish Workers: Turkish or German Output?

Akkoyunlu, Sule; Kholodilin, Konstantin Arkadievich - 2006

In this paper we examine the interactions between the remittances of the Turkish workers in Germany and the output both in Turkey and in Germany. In our analysis we use the new data set provided by the German monetary authorities, which was never before employed in the literature and which we...

Persistent link: https://www.econbiz.de/10010260983

Migration, the quality of the labour force and economic inequality

Kahanec, Martin; Zimmermann, Klaus F. - 2008

Mobility of workers involves flows of labour, human capital and other production factors and thus contributes to a more efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also change the international and national...

Persistent link: https://www.econbiz.de/10010265004

Do the Best Go West? An Analysis of the Self-Selection of Employed East-West Migrants in Germany

Trübswetter, Parvati; Brücker, Herbert - 2004

differentials as well as differences in employment opportunities are the central forces which drive East-West migration after …

Persistent link: https://www.econbiz.de/10010270921

Migration in an enlarged EU: a challenging solution?

Kahanec, Martin; Zimmermann, Klaus F. - 2008

. This essay provides a broad and in-depth account of the effects of the post-enlargement migration flows on the receiving as … analysis of the available literature and empirical evidence shows that (i) EU enlargement had a significant impact on migration … hard to detect, (iv) post-enlargement migration contributes to growth prospects of the EU, (v) these immigrants are …

Persistent link: https://www.econbiz.de/10010271082