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thank Xiaoming Cai for his excellent assistance in programming the decomposition algorithm.
"... When workers send applications to vacancies they create a network. Coordina-tion frictions arise if workers do not know where other workers apply to and
rms do not know which workers are considered by other
rms. We show that these coordination frictions and the wage mechanism are not independent. ..."
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When workers send applications to vacancies they create a network. Coordina-tion frictions arise if workers do not know where other workers apply to and
rms do not know which workers are considered by other
rms. We show that these coordination frictions and the wage mechanism are not independent. Only wage mechanisms that allow for ex post competition generate the maximum matching on any realized network. E ¢ cient network formation requires that identical
rms face the same arrival rate of applicants. If
rms make o¤ers to workers, the resulting equilibrium is socially ine ¢ cient in terms of vacancy creation, worker participation and search intensity. However, if workers would make o¤ers to
rms, e ¢ ciency is obtained in all dimensions.
European Unemployment Dilemma
- Journal of Political Economy
, 1998
"... Post World War II European welfare states experienced several decades of relatively low unemployment, followed by a plague of persistently high unemployment since the 1980's. We impute the higher unemployment towelfare states ' diminished ability to cope with more turbulent economic times, ..."
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Cited by 414 (18 self)
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Nardi, Juha Seppala and Christopher Sleet for excellent research assistance. The views expressed here are ours and not necessarily those of the Federal Reserve System. Sargent's research
Growth Is Good for the Poor
- Journal of Economic Growth
, 2000
"... Average incomes of the poorest fifth of society rise proportionately with average incomes. This is a consequence of the strong empirical regularity that the share of income accruing to the bottom quintile does not vary systematically with average income. In this paper we document this empirical regu ..."
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Cited by 376 (4 self)
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. _________________________ 1818 H Street N.W., Washington, DC, 20433 (ddollar@worldbank.org, akraay@worldbank.org). We are grateful to Dennis Tao for excellent research assistance. This paper and the accompanying dataset are available at www.worldbank.org/research/gro...
Does Schooling cause Growth
- American Economic Review
, 2000
"... We are grateful to Yongsung Chang and three referees, particularly the final referee, for useful comments. Saasha Celestial-One provided excellent research assistance. Does Schooling Cause Growth? Barro (1991) and others find that growth and schooling are highly correlated across countries. A model ..."
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Cited by 333 (5 self)
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We are grateful to Yongsung Chang and three referees, particularly the final referee, for useful comments. Saasha Celestial-One provided excellent research assistance. Does Schooling Cause Growth? Barro (1991) and others find that growth and schooling are highly correlated across countries. A model
Moving to Opportunity in Boston: Early results of a randomized mobility experiment
- Quarterly Journal of Economics
, 2001
"... support. The authors are grateful to Yvonne Gastelum for collaborating on qualitative interviews in Spanish, Ying Qian for conducting pilot survey interviews and for compiling family contact information, Adriana Mendez for translating the survey into Spanish, Humberto Reynosa for editing the Spanish ..."
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Cited by 276 (18 self)
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the Spanish translation, and to Patrick Wang, Beth Welty and Lorin Obler for excellent research assistance. We thank all of the members of the MTO teams at MBHP, BHA, Abt and Westat for making our research possible, and Carol Luttrell for facilitating our access to administrative data. We have benefitted from
Draft: Comments Welcome Potential Duration of Unemployment Benefits and the Duration of Joblessness
, 1988
"... Maloney provided excellent assistance, and Mary Balderstone of the ..."
Education and self-selection
- Journal of Political Economy 87 (5, Part
, 1979
"... Preliminary; not for quotation. NBER working papers are distributed informally and in limited number for comments only. They should not be quoted without written permission of the author. This report has not undergone the review accorded official NBER publications; in particular, it has not yet been ..."
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Cited by 245 (2 self)
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been submitted for apprbva1 by the Board of Directors. *This research was supported by the National Bureau of Economic Research. Thanks are due to Sean Becketti for excellent research assistance and to Lung Fei Lee for advice on statistical issues. The order of the authors ' names was selected
Labor Unrest and the Quality of Production: Evidence from the Construction Equipment Resale Market.” Review of Economic Studies
, 2008
"... for helpful suggestions. Jennifer Ferng provided excellent assistance in compiling the data. Financial ..."
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Cited by 28 (0 self)
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for helpful suggestions. Jennifer Ferng provided excellent assistance in compiling the data. Financial
Slinko for excellent research assistance.
"... Three hypotheses about the nature of federal tax arrears in Russia in the second half of the ’90s are tested empirically. Tax arrears can be a result of: 1) liquidity problems in firms, 2) federal implicit subsidies, or 3) regional political resistance to federal tax collectors. Liquidity problems d ..."
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Three hypotheses about the nature of federal tax arrears in Russia in the second half of the ’90s are tested empirically. Tax arrears can be a result of: 1) liquidity problems in firms, 2) federal implicit subsidies, or 3) regional political resistance to federal tax collectors. Liquidity problems do not explain federal tax arrears: higher arrears were found in more liquid and more productive firms. For a given level of liquidity and size, firms had higher tax arrears in regions with better bargaining position vis-à-vis center, i.e. better political strength (measured by higher popularity of governors, worse relationships with center, higher regional share in total tax collections and lower transfers) and higher economic strength (measured by higher expenditure provision and per capita gross regional product). In addition, excessive employment earned firms higher tax arrears. The results are consistent with active regional resistance and explain why federal tax arrears accumulated faster than regional arrears. Журавская Е.В., Пономарева М.В. Неплатежи в федеральный бюджет: проблема ликвидности, федеральные субсидии или защита регионов от федеральных налоговых
What Causes Public Assistance Caseloads To Grow
, 1997
"... Rodney Cruz for careful collection of data and to Geoffrey Wallace and Lucie Schmidt for excellent ..."
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Cited by 131 (5 self)
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Rodney Cruz for careful collection of data and to Geoffrey Wallace and Lucie Schmidt for excellent
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