infonet-economy

SBTC is a powerful mechanism in explaining the increasing gap between educated and uneducated wages. However, SBTC cannot mimic the US within-group wage inequality. This paper provides an explanation for the observed intra-college group inequality by showing that the top decile earners' significant wage growth is underpinned by the link between ex ante ability, math-heavy…

Differences in firm-level productivity explain international activities of non-financial firms quite well. We test whether differences in bank productivity determine international activities of banks. Based on a dataset that allows tracking banks across countries and across different modes of foreign entry, we model the ordered probability of maintaining a commercial presence abroad…

Etwa 14 % aller Episoden der Arbeitslosigkeit enden in einem Rückruf .Von Rückruf sprechen wir, wenn eine Person nach Ende ihrer Arbeitslosigkeit beim selben Arbeitgeber angestellt wird, bei dem sie unmittelbar vor der Arbeitslosigkeit beschäftigt gewesen ist. Welches sind die Ursachen, und was sind die Auswirkungen für die Schweiz? Die hier präsentierte Studie betritt Neuland, da…

Roboter haben sich in den letzten Jahren von einer kühnen Zukunftsvision hin zu einem festen Bestandteil unseres Alltags entwickelt. So werden sie bereits als Produktionsassistenten in der Industrie, als Staubsauger im Haushalt sowie als Drohnen im militärischen Bereich eingesetzt. Experten vergleichen die revolutionäre Wirkung von Robotern auf unsere Lebenswelt mit derjenigen von…

This paper develops a model of optimizing behavior of asylum seekers whose objective is to reach an advanced country. Their personal characteristics and the challenges anticipated along the way determine whether they try to reach the ultimate destination with the aid of human smugglers or by applying for resettlement with the United Nations High Commissioner for Refugees (UNHCR). In…

This paper uses probit and ordered probit methods to examine the impact of banks’ policies in terms of cost efficiency, capitalization, activity diversification, credit growth and profitability, on the loan quality in the Tunisian banking sector after controlling for the effects of firm-specific characteristics and macroeconomic conditions. Using a data set with detailed information…

This paper studies how minimum wage policies affect firm employment in China using a unique county level minimum wage data set matched to disaggregated firm survey data. We investigate both the effect of imposing a minimum wage, and the effect of the policies that tightened enforcement in 2004. We find that the average effect of minimum wage changes is modest and positive, and that…

The purpose of this article is to structure the extant knowledge on the determinants of microinsurance demand in a manner that achieves several outcomes. First is to offer a specific economic structure to the review through use of Outreville's insurance demand framework. Second is to identify key questions that arise out of structuring the material in this way. In particular, we…