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Asymmetric information renders minimum
wages
less harmful
Schöb, Ronnie
;
Thum, Marcel
-
2009
We show that a minimum wage introduced in the presence of asymmetric information about worker productivities will lead to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric information.
Persistent link: https://www.econbiz.de/10010264617
Saved in:
2
Quality of Life in a Dynamic Spatial Model
Ahlfeldt, Gabriel
;
Bald, Fabian
;
Roth, Duncan
;
Seidel, …
-
2020
We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatial equilibrium. Exploiting this novel feature of the model, we show that the...
Persistent link: https://www.econbiz.de/10012425673
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3
Voice at Work
Harju, Jarkko
;
Jäger, Simon
;
Schoefer, Benjamin
-
2021
(job security, health, subjective job quality, and
wages
). Worker voice slightly raised firm survival,
productivity
, and …
Persistent link: https://www.econbiz.de/10012581999
Saved in:
4
Unemployment Effects of the German Minimum Wage in an Equilibrium Job Search Model
Blömer, Maximilian J.
;
Guertzgen, Nicole
;
Pohlan, Laura
; …
-
2018
-segment variation of the estimated effects is mostly driven by firm
productivity
levels rather than by search frictions or the …
Persistent link: https://www.econbiz.de/10011887420
Saved in:
5
The looks of a winner: beauty, gender, and electoral success
Berggren, Niclas
;
Jordahl, Henrik
;
Poutvaara, Panu
-
2007
We study the role of beauty in politics using candidate photos that figured prominently in electoral campaigns. Our investigation is based on visual assessments of 1,929 Finnish political candidates from 10,011 respondents (of which 3,708 were Finnish). An increase in beauty by one standard...
Persistent link: https://www.econbiz.de/10010264132
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6
Efficiency in family bargaining: living arrangements and caregiving decisions of adult children and disabled elderly parents
Pezzin, Liliana E.
;
Pollak, Robert A.
;
Schone, Barbara S.
-
2007
In this paper, we use a two-stage bargaining model to analyze the living arrangement of a disabled elderly parent and the assistance provided to the parent by her adult children. The first stage determines the living arrangement: the parent can live in a nursing home, live alone in the...
Persistent link: https://www.econbiz.de/10010264063
Saved in:
7
Real options and human capital investment
Jacobs, Bas
-
2007
This paper extends the standard human capital model with real options. Real options influence investment behavior when risky investments in human capital are irreversible and individuals can affect the timing of the investment. Option values make individuals more reluctant to invest in human...
Persistent link: https://www.econbiz.de/10010264119
Saved in:
8
Optimal redistributive tax and education policies in general equilibrium
Jacobs, Bas
-
2007
general equilibrium effects on
wages
? To answer this question, this paper studies optimal linear and non-linear redistributive …
Persistent link: https://www.econbiz.de/10010264262
Saved in:
9
Is Prescott right?: welfare state policies and the incentives to work, learn and retire
Jacobs, Bas
-
2008
This paper bolsters Prescott's (2004) claim that high taxes are responsible for lacklustre labor market performance in continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and endogenous retirement. Labor taxation distorts not...
Persistent link: https://www.econbiz.de/10010264345
Saved in:
10
Demographic change and regional labour markets: the case of Eastern Germany
Henschel, Beate
;
Pohl, Carsten
;
Thum, Marcel
-
2008
Demographic change will be one of the most challenging issues for industrialized economies in the decades to come. In this paper, we focus on the impact of demographic change on labour markets. By setting up a stylized model of a regional labour market, we are able to analyze the interaction of...
Persistent link: https://www.econbiz.de/10010264373
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