Showing 1 - 10 of 18
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10010262541
This paper attempts to add to the understanding of the causes for the differing recent developments in inequality in OECD countries. The similarity of shocks and technological changes affecting these countries suggests that interactions of these shocks and countryspecific institutions are...
Persistent link: https://www.econbiz.de/10010262516
This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...
Persistent link: https://www.econbiz.de/10010280676
due to nominal, but mostly real wage rigidity is substantial. The extent of real rigidity rises with inflation, whereas … the opposite holds for nominal rigidity. Overall, the incidence of wage rigidity, which accelerates unemployment growth …, is most likely minimized in an environment with moderate inflation. …
Persistent link: https://www.econbiz.de/10010271824
Incentive schemes affect performance and priorities of agents but, in reality, they can be complicated even for simple tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest in quantity and quality of output. We use data from...
Persistent link: https://www.econbiz.de/10010282221
accurate data set for Germany. Their results are confirmed and found to be surprisingly robust. Second, the matching framework …
Persistent link: https://www.econbiz.de/10010262525
the interactions of regional labor markets in West Germany is highlighted in several dimensions. We test for spatial … autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … variation in unemployment rates, combined with little inter-regional migration. We find evidence in favor of labor market …
Persistent link: https://www.econbiz.de/10010262709
Experimental evidence has convincingly shown the existence of reciprocal inclinations, i.e., a tendency for people to respond in-kind to hostile or kind actions. Little is known, however, about: (i) the prevalence of reciprocity in the population, (ii) individual determinants of reciprocity,...
Persistent link: https://www.econbiz.de/10010267940
By applying a stochastic production frontier approach to the matching process of unemployed and vacancies, this paper provides novel detailed insights into the process of job creation. For different labor markets as defined by occupation and region, the methodology produces estimates of the...
Persistent link: https://www.econbiz.de/10010262694
This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been tested empirically before; and (ii) whether incentives...
Persistent link: https://www.econbiz.de/10010261647