IZA - All published DPs

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No. Author(s) Title JEL Class.
1899 Refet S. Gürkaynak
Justin Wolfers
Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty and Risk
In September 2002, a new market in "Economic Derivatives" was launched allowing traders to take positions on future values of several macroeconomic data releases. We provide an initial analysis of ...
(published in: NBER International Seminar on Macroeconomics, 2005, 11 - 50)
C23, D21, J50, L13
1897 Tuomas Pekkarinen
Gender Differences in Educational Attainment: Evidence on the Role of the Tracking Age from a Finnish Quasi-Experiment
This paper studies the relationship between the timing of tracking of pupils into vocational and academic secondary education and gender differences in educational attainment and income. We argue ...
(revised version published in: Scandinavian Journal of Economics, 2008, 110 (4), 807-826)
I20, J16
1896 Kai Christoffel
Tobias Linzert
The Role of Real Wage Rigidity and Labor Market Frictions for Unemployment and Inflation Dynamics
In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business cycle model. In particular, we analyze the effect of a monetary policy shock ...
(published in: Journal of Money, Credit and Banking, 2010, 42 (7), 1435-1446)
E52, J64, E32, E31
1895 Lorenz Götte
David B. Huffman
Do Emotions Improve Labor Market Outcomes?
This chapter argues that the neglect of emotion in economic models explains their inability to predict important aspects of the labor market. We focus on one example: firms frequently cut real wages, ...
(published in: Vohs, K.D, Baumeister, R.F; Loewenstein, G. (eds.): Do emotions help or hurt decision making? A Hedgefoxian Perspective, New York, Sage, 2007)
E24, E31, E32, B49
1892 Subhayu Bandyopadhyay
Howard J. Wall
Oligopoly and Outsourcing
With outsourcing comes a perceived tension between the competitive pressures faced by domestic firms and the effect that outsourcing has on domestic workers. To address this tension, we present a ...
(published in: Economics and Politics, 2007, 19 (2), 219-234)
F1, F2, J3
1891 Joachim R. Frick
Jan Goebel
Regional Income Stratification in Unified Germany Using a Gini Decomposition Approach
This paper delivers new insights into the development of income inequality and regional stratification in Germany after unification using a new method for detecting social stratification by a ...
(published in: Regional Studies, 2008, 42(4), 555-577)
C81, D31, D63
1890 Lorenz Götte
David B. Huffman
Affect as a Source of Motivation in the Workplace: A New Model of Labor Supply, and New Field Evidence on Income Targeting and the Goal Gradient
In this chapter we propose a new, dual-process model of labor supply, which incorporates both cognitive and affective aspects of decision-making. Consistent with evidence from neuroscience, the ...
(published in: Vohs, K.D, Baumeister, R.F; Loewenstein, G. (eds.): Do emotions help or hurt decision making? A Hedgefoxian Perspective, New York, Sage, 2007)
J22, L2, B49
1889 Amihai Glazer
Vesa Kanniainen
Panu Poutvaara
Income Taxes, Property Values and Migration
We consider taxation by a utilitarian government in the presence of heterogeneous locations within a country. We show that a utilitarian government never equalizes after-tax incomes, even when it can ...
(published in: Journal of Public Economics, 2008, 92 (3-4), 915-923)
H21, H7, R21, R23
1888 Erling Barth
Harald Dale-Olsen
Employer Size or Skill-Group Size Effect on Wages?
It turns out that the employer-size effect on individual wages dwindles away once one control for the number of workers of the same skill-group (educational type) as the observed individual within ...
(published in: Industrial and Labor Relations Review, 2011, 64(2), 341-355)
J31
1887 Adriaan Kalwij
Frederic Vermeulen
Labour Force Participation of the Elderly in Europe: The Importance of Being Healthy
In this paper we study labour force participation behaviour of individuals aged 50-64 in 11 European countries. The data are drawn from the new Survey of Health, Ageing and Retirement in Europe ...
(published as: "Health and labour force participation of older people in Europe: what do objective health indicators add to the analysis?" in: Health Economics, 2008, 17(5), 619-638. )
I10, J22, J26
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