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The Labor Market Consequences of Adverse Financial Shocks

Boeri, Tito - 2012

The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that financial shocks do translate into the labor markets. In this paper we first document that financial recessions amplify labor market volatility and Okun's elasticity over the...

Persistent link: https://www.econbiz.de/10013099747

The Pros and Cons of Sick Pay Schemes : A Method to Test for Contagious Presenteeism and Shirking Behavior

Pichler, Stefan - 2015

This paper proposes a test for the existence and the degree of contagious presenteeism and negative externalities in sickness insurance schemes. First, we theoretically decompose moral hazard into shirking and contagious presenteeism behavior. Then we derive testable conditions for reduced...

Persistent link: https://www.econbiz.de/10013027749

Empirical Modeling of Deprivation Contagion among Social Exclusion Dimensions (Using MCMC Methods)

Poggi, Ambra - 2007

Economic theory and empirical evidence clearly show that social exclusion dimensions are inter-related. Notwithstanding …

Persistent link: https://www.econbiz.de/10012777463

Global Macro-Financial Cycles and Spillovers

Ha, Jongrim - 2020

We develop a new dynamic factor model that allows us to jointly characterize global macroeconomic and financial cycles and the spillovers between them. The model decomposes macroeconomic cycles into the part driven by global and country-specific macro factors and the part driven by spillovers...

Persistent link: https://www.econbiz.de/10012840446

An Injury to One is an Injury to All : Terrorism's Spillover Effects on Bilateral Trade

Doucouliagos, Hristos - 2017

In this paper we investigate whether the effects of terrorism in one country spillover to affect trade in neighboring …

Persistent link: https://www.econbiz.de/10012952616

Spillover Effects of Institutions on Cooperative Behavior, Preferences and Beliefs

Engl, Florian - 2017

enhances cooperation in the other game thus documenting a positive spillover effect. These spillover effects are economically … spillover effects get stronger over time, whereas they do not show a trend when it is imposed exogenously. Additional treatments … toward strangers, suggesting that both factors are drivers of the observed spillover effects …

Persistent link: https://www.econbiz.de/10012955037

Free-Riding and Knowledge Spillovers in Teams : The Role of Social Ties

De Paola, Maria - 2016

We investigate whether and how social ties affect performance in teams by implementing a field experiment in which a sample of undergraduate students are randomly assigned to either teams composed by friends or teams composed by individuals not linked by friendship relationships. Students...

Persistent link: https://www.econbiz.de/10012981511

Direct, Spillover and Welfare Effects of Regional Firm Subsidies

Siegloch, Sebastian; Wehrhöfer, Nils; Etzel, Tobias - 2021

We analyze the effects of a large place-based policy, subsidizing up to 50% of investment costs of manufacturing firms in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1% decrease in manufacturing employment. We document important...

Persistent link: https://www.econbiz.de/10013226788

On the Role of Sectoral and National Components in the Wage Bargaining Process

Dreger, Christian - 2010

This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...

Persistent link: https://www.econbiz.de/10013144083

Migration Elasticities, Fiscal Federalism and the Ability of States to Redistribute Income

Giertz, Seth H. - 2012

This paper develops a simulation model in order to examine the effectiveness of state attempts at redistribution under a variety of migration elasticity assumptions. Key outputs from the simulation include the impact of tax-induced migration on state revenues, excess burden, and fiscal...

Persistent link: https://www.econbiz.de/10013099765