IZA - All published DPs

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No. Author(s) Title JEL Class.
4047 Vidya Atal
Kaushik Basu
John Gray
Travis Lee
Literacy Traps: Society-wide Education and Individual Skill Premia
Using a model of O-ring production function, the paper demonstrates how certain communities can get caught in a low-literacy trap in which each individual finds it not worthwhile investing in higher ...
(published in: IJET International Journal of Economic Theory, 2010, 6 (1), 137-148)
D20, I28, J31
4046 Paola Manzini
Marco Mariotti
Choice by Lexicographic Semiorders
We propose an extension of Tversky's lexicographic semiorder to a model of boundedly rational choice. We explore the connection with sequential rationalisability of choice, and we provide axiomatic ...
(published in: Theoretical Economics, 2012, 7 (1), 1-23.)
D0
4045 Carlo Altavilla
Floro Ernesto Caroleo
Unintended Effects of National-based Active Labour Market Policies
Labour market policies settled at national level imply a “one-size-fits-all” labour market strategy. This strategy might not sufficiently take into account region-specific economic structures. In ...
(published in: Regional Studies, 2011, iFirst)
C33, J64
4044 Benoît Mahy
François Rycx
Mélanie Volral
Wage Dispersion and Firm Productivity in Different Working Environments
This paper investigates the impact of wage dispersion on firm productivity in different working environments. More precisely, it examines the interaction with: i) the skills of the workforce, using a ...
(published in: British Journal of Industrial Relations, 2011, 49 (3), 460 - 485)
J31, J24, M52
4042 Vincenzo Caponi
Cevat Burc Kayahan
Miana Plesca
The Impact of Aggregate and Sectoral Fluctuations on Training Decisions
So far the literature has found that the effect of macroeconomic fluctuations on training decisions is ambiguous. On the one hand, the opportunity cost to train is lower during downturns, and thus ...
(revised version published in: B.E. Journal of Macroeconomics: Advances in Macroeconomics, , 2010, 10 (1), Article 28)
E32, J24
4041 Silvia Marchesi
Laura Sabani
Axel Dreher
Agency and Communication in IMF Conditional Lending: Theory and Empirical Evidence
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency ...
(published as 'Read my lips: The role of information transmission in multilateral reform design ' in: Journal of International Economics. 2011, 84 (1), 86 - 98)
C23, D82, F33, N2
4040 David N.F. Bell
David G. Blanchflower
What Should Be Done about Rising Unemployment in the UK?
This paper considers the issue of unemployment one of the most pressing issues facing the UK and other governments, as the current recessions deepens. It begins by trying to accurately date the ...
(published in two parts: 1) published as 'UK unemployment in the Great recessions' in: National Institute Economic Review, 2010, 214, R3-R25; 2) published as 'Underemployment in the UK in the Great Recession' in: National Institute Economic Review, 2011, 215, R1-R11)
J21
4039 Alexander K. Koch
Albrecht Morgenstern
Coordination under the Shadow of Career Concerns
To innovate, employees need to develop novel ideas and coordinate with each other to turn these ideas into better products and services. Work outcomes provide signals about employees' abilities to ...
(published in: B.E. Journal of Theoretical Economics: Topics in Theoretical Economics, 2010, 10 (1), Article 10)
D86, J30, L14, L20, M12, O30
4038 Guglielmo Maria Caporale
Thouraya Hadj Amor Essid
Christophe Rault
International Financial Integration and Real Exchange Rate Long-Run Dynamics in Emerging Countries: Some Panel Evidence
The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three ...
(published in: Journal of International Trade and Economic Development, 2011, 20 (6), 789 - 808)
E31, F0, F31, C15
4037 M. Ayhan Kose
Eswar Prasad
Kenneth Rogoff
Shang-Jin Wei
Financial Globalization and Economic Policies
We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies ...
(published in: Dani Rodrik and Mark Rosenzweig (eds.), Handbook of Development Economics, Vol. 5, The Netherlands: North-Holland, 2010, 4283-4362.)
F02, F21, F36, F4
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