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Time-varying individual risk attitudes over the Great Recession : a comparison of Germany and Ukraine
Dohmen, Thomas; Lehmann, Hartmut; Pignatti, Norberto - 2015
We use the panel data of the German Socio-Economic Panel (SOEP) and of the Ukrainian Longitudinal Monitoring Survey (ULMS) to investigate whether risk attitudes have primary (exogenous) determinants that are valid in different stages of economic development and in a different structural context,...
Persistent link: https://www.econbiz.de/10011337020
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The global economic crisis : long-term unemployment in the OECD
Junankar, P. N. Raja - 2011
This paper analyses the impact of the global economic crisis on unemployment and long term unemployment in the OECD. It uses simple econometric models using panel data (quarterly) and time series data. In general, we find that long term unemployment increases with the unemployment rate, there is...
Persistent link: https://www.econbiz.de/10009516908
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Disease environment and civil conflicts
Cervellati, Matteo; Sunde, Uwe; Valmori, Simona - 2011
This paper tests the hypothesis that a high and persistent exposure to infectious diseases increases the likelihood of civil conflicts. Diseases that are difficult to prevent and treat may reduce the opportunity costs of violent activities, both directly and indirectly. The analysis exploits new...
Persistent link: https://www.econbiz.de/10009235585
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Differentiation and performance : an empirical investigation on the incentive effects of bonus plans
Kampkötter, Patrick; Sliwka, Dirk - 2011
It is often claimed that supervisors do not differentiate enough between high and low performing employees when evaluating performance. The purpose of this paper is to study the incentive effects of this behavior empirically. We first show in a simple model that the perceived degree of past...
Persistent link: https://www.econbiz.de/10009516885
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The sources of wage growth in a developing country
Marinescu, Ioana E.; Triyana, Margaret - 2015
What are the sources of wage growth in developing countries? In the US, general labor market experience is the key source of wage growth, with job seniority playing a smaller role. By contrast, in Indonesia, the 10-year return to seniority is 24 to 29%, which is higher than the return to...
Persistent link: https://www.econbiz.de/10010528578
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Integrated macroeconomic production function for open economies : a new Schumpeterian Solow model for globalization
Welfens, Paul J. J. - 2016
investment or international technology spillovers. This study is a major contribution to innovation, trade, FDI and growth …
Persistent link: https://www.econbiz.de/10011452235
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Corruption, shadow economy and income inequality : evidence from Asia
Kar, Saibal; Saha, Shrabani - 2012
harmful to inequality. We investigate if this relationship is equally compelling for developing countries in Asia where … corruption, inequality and shadow economies are considerably large. We use Panel Least Square and Fixed Effects Models for Asia … economies in South Asia, the income inequality tends to fall. -- corruption ; inequality ; shadow economy ; panel data ; South …
Persistent link: https://www.econbiz.de/10009683262
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Executive compensation and competition in the banking and financial sectors
Cuñat, Vicente (contributor); Guadalupe, Maria (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002035589
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Wage premia for newly hired employees : theory and evidence
Kampkötter, Patrick; Sliwka, Dirk - 2011
We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...
Persistent link: https://www.econbiz.de/10009232346
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Financial liberalization and the brain drain : a panel data analysis
Mitra, Aniruddha; Bang, James T.; Wunnava, Phanindra V. - 2011
This paper explores the impact of financial liberalization on the migration of high skilled labor from 46 countries to the OECD, taken at five year intervals over the period 1985-2000. Using an exploratory factor analysis, we are able to distinguish between two dimensions of financial...
Persistent link: https://www.econbiz.de/10009380417