Showing 1 - 10 of 23
We explain excess volatility, short-term momentum and long-term reversal of asset prices by a repeated game version of Keynes beauty contest. In every period the players can either place a buy or sell order on the asset market. The actual price movement is determined by average market orders and...
Persistent link: https://www.econbiz.de/10005859323
During the last decade several empirical studies have stressed the importance of norms and social interactions for explaining sickness absence behavior. In this context public discussions about the intentions of the insurance, and of the rights and duties of the receivers, may be important for...
Persistent link: https://www.econbiz.de/10010273934
The subprime crisis led to a wave of government interventions in the private sector that has been particularly strong in Europe and Latin America, where several governments are large shareholders in a variety of public firms. In a sense, the subprime crisis induced these governments to behave as...
Persistent link: https://www.econbiz.de/10011460779
Detection of structural change is a critical empirical activity, but continuous 'monitoring' of series, for structural …
Persistent link: https://www.econbiz.de/10010286276
The paper exploits a unique social experiment carried out in 1988 in Sweden to identify the effect of monitoring on … sickness absence. The treatment consists of postponing the first formal point of monitoring during a sickness absence spell, a … sickness absence is found. A heterogeneity analysis reveals that monitoring affects men more than women. …
Persistent link: https://www.econbiz.de/10010317921
, monitoring and sanctions, job search assistance, and employment subsidies. The results are remarkably uniform across studies. We …
Persistent link: https://www.econbiz.de/10010317937
When estimating the extent of e.g. excess use of public benefits one traditionally uses direct monitoring. Such direct … to information of increased monitoring. Through an extensive randomized social experiment we apply the method to one … on ordinary random monitoring (22.5 percent compared to 16 percent). The method is potentially applicable to a large …
Persistent link: https://www.econbiz.de/10010317954
sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is …
Persistent link: https://www.econbiz.de/10010321098
doctor. Since health care is administrated at the county level, this means that monitoring is, to some extent, decentralized …
Persistent link: https://www.econbiz.de/10010321109
This paper estimates the effects of early interventions in the Swedish sickness insurance system. The aim of the interventions is to screen and, further to, rehabilitate sick listed individuals. We find that the early interventions - in contrast to what is expected - increase the inflow into...
Persistent link: https://www.econbiz.de/10010321123