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efficient, does not eliminate justified envy and does not respect improvements. We introduce a mechanism based on the matching …
Persistent link: https://www.econbiz.de/10011899159
\emph{institutional constraints} of the German system. I introduce \emph{matching problems with complex constraints} and the … matching mechanism that is strategyproof for students. n the context of the German admissions problem, this mechanism weakly …
Persistent link: https://www.econbiz.de/10009748077
students often fail to grasp the strategic issues involved. The modified SDA algorithm significantly improves the matching for … admissions ; experiment ; quotas ; matching ; Gale-Shapley mechanism ; Boston mechanism …
Persistent link: https://www.econbiz.de/10009671326
labor market matching function. In theory, higher mismatch lowers matching efficiency which increases the risk that the … findings can be improved by a mismatch-enhanced labor market matching function. For this purpose, we construct so … der Prognosegüte der Matching-Funktion. Theoretisch sinkt die Matchingeffizienz mit höherem Mismatch, wodurch das Risiko …
Persistent link: https://www.econbiz.de/10010401765
Many commonly used treatment effects estimators rely on the unconfoundedness assumption ("selection on observables") which is fundamentally non-testable. When evaluating the effects of labor market policies, researchers need to observe variables that affect both treatment participation and labor...
Persistent link: https://www.econbiz.de/10010386595
. This process is then assumed to follow a matching of equals among equals. Using rich data from Germany and Denmark we fully … confirm a matching on qualification levels for high-skilled employees, partially for medium-skilled employees but not for low …
Persistent link: https://www.econbiz.de/10011303480
Models with high dimensional sets of fixed effects are frequently used to examine, among others, linked employer-employee data, student outcomes and migration. Estimating these models is computationally difficult, so simplifying assumptions that are likely to cause bias are often invoked to make...
Persistent link: https://www.econbiz.de/10011595866
This paper analyzes assortative matching between employers and employees and its interrelations with the employment … matching. The correlation between both quality measures is positive. Wage gains amount up to 4% when both quality levels are … equal. In a fairly general matching model, this shape of the wage curve arises due to complementarities of qualities in the …
Persistent link: https://www.econbiz.de/10010358541
A shift from zonal pricing to smaller zones and nodal pricing improves efficiency and security of system operation. Resulting price changes do however also shift profits and surplus between and across generation and load. As individual actorscan lose, they might oppose any reform. We explore how...
Persistent link: https://www.econbiz.de/10010417445
Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling but apparently systematic pattern of price premiums can be identified. The price premiums are highly correlated with the underlying demand profile. As there is evidence that...
Persistent link: https://www.econbiz.de/10011750488