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forecast errors; the training effect suggests that modest educational interventions can durably improve forecasting skills …, Pakistan: 1) provision of air pollution forecasts; 2) general training in forecasting. Both reduced subjects' own air pollution …. Forecast receipt increased demand for protective masks and increased the responsiveness of outdoor time to pollution. Forecast …
Persistent link: https://www.econbiz.de/10014264517
mortality if and only if mortality risk is convex in forecast errors. We test for such convexity using data on the universe of …
Persistent link: https://www.econbiz.de/10014347414
Rothschild and Stiglitz (1976) show that there need not exist a competitive equilibrium in markets with adverse selection. Building on their framework we demonstrate that externalities between agents - an agent's utility upon accepting a contract depends on the average type attracted by the...
Persistent link: https://www.econbiz.de/10012763924
determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields …
Persistent link: https://www.econbiz.de/10012764487
Teamwork and cooperation between workers can be of substantial value to a firm, yet the level of worker cooperation often varies between individual firms. We show that these differences can be the result of labor market competition if workers have heterogeneous preferences and preferences are...
Persistent link: https://www.econbiz.de/10013316936
Real estate agents typically receive commissions based on a fixed percentage of home price purchases. Because housing prices vary across markets, one might expect that realtors have higher earnings in high-priced markets. Prior work by Hsieh and Moretti (2003) suggests that entry among realtors...
Persistent link: https://www.econbiz.de/10014083685
This article examines the causal relations between non-European immigration and the characteristics of the housing market in host regions. We constructed a unique database from administrative records and used it to assess annual migration flows into France's 22 administrative regions from 1990...
Persistent link: https://www.econbiz.de/10012963855
Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is often obstructed by insufficient lagged data. This paper evaluates search intensity for "hardship letter" from Google Insights to detect ensuing mortgage delinquencies. Such...
Persistent link: https://www.econbiz.de/10013114318
This paper analyses the impact of the global economic crisis on unemployment and long term unemployment in the OECD. It uses simple econometric models using panel data (quarterly) and time series data. In general, we find that long term unemployment increases with the unemployment rate, there is...
Persistent link: https://www.econbiz.de/10013118778
We review patterns in migration within the US over the past thirty years. Internal migration has fallen noticeably since the 1980s, reversing increases from earlier in the century. The decline in migration has been widespread across demographic and socioeconomic groups, as well as for moves of...
Persistent link: https://www.econbiz.de/10013121544