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Consumers and the brain drain : product design and the gains from emigration

Kuhn, Peter Joseph (contributor); … - 2008

We consider the welfare effects of skilled worker emigration in a context where skilled labor plays a role in product design. We show such emigration can benefit the residents left behind, even when consumers' tastes exhibit a form of home bias. This is because emigration improves the design of...

Persistent link: https://www.econbiz.de/10003737645

Becker meets Ricardo : multisector matching with social and cognitive skills

McCann, Robert J.; Shi, Xianwen; Siow, Aloysius; … - 2012

communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …

Persistent link: https://www.econbiz.de/10009537710

SISTA: learning optimal transport costs under sparsity constraints

Carlier, Guillaume; Dupuy, Arnaud; Galichon, Alfred; … - 2021

In this paper, we describe a novel iterative procedure called SISTA to learn the underlying cost in optimal transport problems. SISTA is a hybrid between two classical methods, coordinate descent ("S"-inkhorn) and proximal gradient descent ("ISTA"). It alternates between a phase of exact...

Persistent link: https://www.econbiz.de/10012519120

The complexity of economic policy : I. Restricted local optima in tax policy design

Saint-Paul, Gilles - 2002

Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I...

Persistent link: https://www.econbiz.de/10011411222

Opinion copulas, homophily and multimodal marginals

Askitas, Nikos - 2017

An empirically founded and widely established driving force in opinion dynamics is homophily i.e. the tendency of "birds of a feather" to "flock together". The closer our opinions are the more likely it is that we will interact and converge. Models using these assumptions are called bounded...

Persistent link: https://www.econbiz.de/10011647658

The ability gradient in bunching

Bastani, Spencer; Waldenström, Daniel - 2020

We analyze the relationship between cognitive ability and bunching in the context of a large and salient kink point of the Swedish income tax schedule. Using population-wide register data from the Swedish military enlistment and administrative tax records, we find that high-ability individuals...

Persistent link: https://www.econbiz.de/10012201662

Incentive complexity, bounded rationality and effort provision

Abeler, Johannes; Huffman, David; Raymond, Collin - 2023

Using field and laboratory experiments, we demonstrate that the complexity of incentive schemes and worker bounded … rationality can affect effort provision, by shrouding attributes of the incentives. In our setting, complexity leads workers to … cause large shifts in behavior. Our results illustrate important implications of complexity for designing and regulating …

Persistent link: https://www.econbiz.de/10014311541

Using bank savings product design for empowering women and agricultural development

Galdo, Jose - 2021

This study examines whether the random allocation of single and joint saving accounts to cash crop farmers in rural Ethiopia is associated with changes in decision-making authority and control over resources that ultimately lead to changes in labor effort, schooling allocations, income,...

Persistent link: https://www.econbiz.de/10012583678

Resources on the stage : a firm level analysis of the ICT adoption in Turkey

Findik, Derya; Tansel, Aysıt - 2015

, specificity, and the complexity, are analyzed by using firm level data in Turkey. This study has three main conclusions. As for …

Persistent link: https://www.econbiz.de/10011309151

Predicting road conditions with internet search

Askitas, Nikos - 2015

Traffic jams are an important problem both on an individual and on a societal level and much research has been done on trying to explain their emergence. The mainstream approach to road traffic monitoring is based on crowdsourcing roaming GPS devices such as cars or cell phones. These systems...

Persistent link: https://www.econbiz.de/10011387551