IZA - All published DPs

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No. Author(s) Title JEL Class.
1904 Christian Holzner
Andrey Launov
Search Equilibrium, Production Parameters and Social Returns to Education: Theory and Estimation
We introduce different skill groups and production functions into the Burdett-Mortensen equilibrium search model. Supermodularity in the production process leads to a positive intrafirm wage ...
(revised version published as 'Search Equilibrium and Social and Private Returns to Education' in: European Economic Review, 2010, 54 (1), 39-59)
J21, J23, J64
1903 Panu Poutvaara
On Human Capital Formation with Exit Options: Comment and New Results
Katz and Rapoport (2005) conclude that with linear production technology and the possibility of unilateral migration, region-specific shocks may increase the average level of education. Previously, ...
(published in: Journal of Population Economics, 2008, 21 (3), 679-684)
F22, J24, I21
1901 Eric A. Hanushek
Ludger Woessmann
Does Educational Tracking Affect Performance and Inequality? Differences-in-Differences Evidence across Countries
Even though some countries track students into differing-ability schools by age 10, others keep their entire secondary-school system comprehensive. To estimate the effects of such institutional ...
(published in: Economic Journal, 2006, 116 (510), C63-C76)
I2
1900 Ana Rute Cardoso
Big Fish in Small Pond or Small Fish in Big Pond? An Analysis of Job Mobility
The statement that individuals care for status and for their position within a hierarchy has been subject to sparse economic analysis. I check this assertion by analyzing wages and status within the ...
(published as 'Money and rank in the labor market' in: Economics Letters, 2012, 115 (2), 325 - 328)
J63, J31, J41
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
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