Estimating the gains from trade in frictional local labor markets
Abstract We develop a theory and an empirical strategy to estimate the welfare gains from trade in economies with frictional local labor markets. Our welfare formula nests standard market structures and adds an adjustment margin via the employment rate.
Germán Pupato, Ben Sand, Jeanne Tschopp
wiley +1 more source
Using of human capital management in small andrr medium-sized enterprises in context of Industry 4.0. [PDF]
Štaffenová N +2 more
europepmc +1 more source
The Microeconomics of Income Distribution Dynamics in East Asia and Latin America
openalex +2 more sources
Sticky Wages - Evidence from Quarterly Microeconomic Data [PDF]
Heckel Thomas +2 more
openalex +1 more source
Long‐term effects of economic depressions on wealth
Abstract This paper examines the long‐term effects of economic depressions – defined as multi‐year peak‐to‐trough GDP declines of at least 10 percent – experienced until young adulthood on the wealth distribution and portfolio allocation of older individuals in Europe.
Viola Angelini, Irene Ferrari
wiley +1 more source
The unequal adoption of ChatGPT exacerbates existing inequalities among workers. [PDF]
Humlum A, Vestergaard E.
europepmc +1 more source
Price Discrimination, Two‐Part Tariff, and Hold‐Up
ABSTRACT This study examines the impact of price discrimination on the investment decisions of downstream firms in an intermediate good market. The setting consists of two downstream firms with different marginal costs—one lower than the other—and a monopolistic supplier.
Daehong Min, Doojin Ryu
wiley +1 more source
Health impact assessment and cost‒benefit analysis: Exploring complementarities of methods to assess the impacts of regulations on food consumption. [PDF]
De Matteu Monteiro C +5 more
europepmc +1 more source
Microeconomic analysis of unemployment persistence in Belgium [PDF]
Amynah Vanessa Gangji, Robert Plasman
openalex +1 more source
Liquidity and Price Informativeness of Options: Evidence From Extended Trading Hours
ABSTRACT This paper explores the trading dynamics of the options market during extended trading hours (ETHs). During ETH, the options market is characterized by low liquidity and decreased trading activities, yet there is an increased likelihood of informed trading. The introduction of ETH improves overall market liquidity on the following trading day,
Liangyi Mu, Arie E. Gozluklu
wiley +1 more source

