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Price Discovery in Time and Space: The Course of Condominium Prices in Singapore

Hwang, Min; Quigley, John M. - EconWPA - 2003

Despite evidence that aggregate housing price are predictable, a random walk in time and independence in space are two maintained hypotheses in the empirical models for housing price measurement used by government and commercial companies. This paper examines the price discovery process in...

Persistent link: https://www.econbiz.de/10005561093

The economic theory of quasi-exclusive territory

Nikae, Daisuke; Ikeda, Takeshi - EconWPA - 2005

This paper introduces the economic theory of gquasi-exclusive territory.h We consider vertical dealings with two upstream firms and four downstream firms that compete in two separate markets. Under quasi- exclusive territory, downstream firms are bound to pay additional charges when selling...

Persistent link: https://www.econbiz.de/10005561437

Gift Exchange and Reciprocity in Competitive Experimental Markets

Fehr, Ernst; Kirchsteiger, Georg; Riedl, Arno - EconWPA - 2003

Persistent link: https://www.econbiz.de/10005076517

Latvia: Working Too Hard?

Hazans, Mihails - EconWPA - 2005

This paper provides an assessment of employment and working conditions in Latvia before and immediately after the EU accession. The issues addressed include self-employment, multiple jobs, fixed-term contracts, unreported wages, overtime, unsocial working hours, health and safety at work, social...

Persistent link: https://www.econbiz.de/10005076524

Insider Power, Wage Discrimination, and Fairness

Fehr, Ernst; Kirchsteiger, Georg - EconWPA - 2003

Persistent link: https://www.econbiz.de/10005076544

Wage Rigidity in a Competitive Incomplete Contract Market

Fehr, Ernst; Falk, Armin - EconWPA - 2003

’ underbidding by lowering wages? We hypothesize that under conditions of incomplete labor contracts wage levels may positively … is very frequent but employers refuse to accept workers’ low wage offers in markets with incomplete labor contracts …. However, in the presence of complete labor contracts employers accept and actively enforce wages close to the competitive …

Persistent link: https://www.econbiz.de/10005076549

Foreign Direct Investment and International Business Cycle Comovement

Jansen, W. Jos; Stokman, Ad C.J. - EconWPA - 2004

This paper investigates the relationship between bilateral FDI positions and cross-country business cycle correlations in the period 1982–2001. We find that countries that have comparatively intensive FDI relations also have more synchronized business cycles during 1995–2001. Before 1995, we...

Persistent link: https://www.econbiz.de/10005076717

Is Variation in Hours of Work Driven by Supply or Demand? Evidence from Finnish Manufacturing Industries

Böckerman, Petri; Jäntti, Markus - EconWPA - 2005

well as unobserved. We argue that recent research on working hours has focused almost exclusively on the supply of labor …

Persistent link: https://www.econbiz.de/10005125720

Job Flows, Worker Flows and Churning

Burgess, Simon; Lane, Julia; Stevens, David - EconWPA - 1996

We utilize a large establishment-level panel dataset to explore the links between gross job flows and gross worker flows. Our findings have relevance for models of job creation and job destruction, and labour reallocation. We find churning flows (the difference between worker and job flows at...

Persistent link: https://www.econbiz.de/10005125739

CIRCULAR VARIABLE WORK IN PROCESS

Vildosola, Luis - EconWPA - 2002

This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...

Persistent link: https://www.econbiz.de/10005126234