A Quantile Model of Firm Investment
ABSTRACT Are firms risk averse? We propose a dynamic model of firm investment under uncertainty that captures firms' risk attitudes through quantile preferences. The firm maximizes its present value, defined as current profits and investment plus the discounted value of the τ$\tau$‐quantile of its value next period.
Heitor Almeida +3 more
wiley +1 more source
Is segregation encoded in urban form? An entropy-based analysis. [PDF]
Netto VM +3 more
europepmc +1 more source
Gendered Effects of the Minimum Wage
ABSTRACT Women work disproportionately in low‐hours jobs, which pay lower wages and are more exposed to minimum‐wage policies. We estimate an equilibrium search model with worker and firm heterogeneity, jobs differing in wages and hours, and imperfect compliance. Applied to Germany, the 8.50 € minimum wage reallocates women toward higher‐hours jobs and
Alessandro Di Nola, Haomin Wang
wiley +1 more source
Time-of-Flow Distributions in Discrete Quantum Systems: From Operational Protocols to Quantum Speed Limits. [PDF]
Beau M.
europepmc +1 more source
Learning Factory‐Based Training Scenario in Vocational Education and Training Center
ABSTRACT Industry 4.0 training has become a challenge. Many existing programmes are targeted at students and employees rather than at job seekers without prior industry experience. Vocational Education and Training (VET) centres are also a key element in the Industry 4.0 ecosystem, as they play an essential role in delivering training in this field ...
Ikram Ahidar +3 more
wiley +1 more source
Absolute and relative socioeconomic inequalities in cancer screening participation among adults aged 40-74 years in South Korea: a repeated cross-sectional study. [PDF]
Won T, Kang E, Won YJ.
europepmc +1 more source
Contractual Minimum Wages and Collective Bargaining. Italian Evidence From 40 Years of Data
ABSTRACT This study documents the evolution of minimum wages bargained in Italian collective contracts over a 40‐year period (1983–2023). Real minimum wages have grown over the last three decades, particularly among high‐skilled occupations, but the 2022–2023 inflation crisis eroded this growth.
Bernardo Fanfani
wiley +1 more source
Looking at Economics Through the Eyes of Thermodynamics: A New Approach to the Second Law of Economics, and Its Main Revelations. [PDF]
Costa V.
europepmc +1 more source
Trade Exposure and the Decline in Collective Bargaining: Evidence From Germany
ABSTRACT We analyze how rising trade exposure from China and Eastern Europe affected collective bargaining coverage in German plants from 1996 to 2008. Using cross‐industry variation in trade exposure and instrumenting with trade flows from other high‐income countries, we find that higher import exposure increased the likelihood that plants exited ...
Daniel Baumgarten, Sybille Lehwald
wiley +1 more source
From circumstances to efforts: the shifting determinants of health opportunity inequality in China. [PDF]
Feng X.
europepmc +1 more source

