This paper estimates a translog stochastic frontier production
function in the analysis of all 48 contiguous U.S. states in
the period 1970-1983, to attempt to measure and explain changes
in technical efficiency. The ...
We discuss a unified theory of directed technological change and technology
adoption that can shed light on the causes of persistent productivity differences
across countries. In our model, new technologies are designed ...
What explains the spatial distribution of wages across
US counties? I find that two of the most important factors
are spatial technology diffusion and externalities due to
the aggregate scale of production. One empirical ...
Today, Temporary Labour Migration is a fundamental course of action promoted by relevant economic and political agents, such as EC, the GCIM, or the OECD. Based on a specific empirical case study of Temporary and Circular ...
This study analyses the determinants of the rate of temporary employment in various OECD countries using both macro-level data drawn from the OECD and EUROSTAT databases, as well as micro-level data drawn from the 8th wave ...
García Pérez, J. Ignacio; Muñoz Bullón, Fernando(2001)
This paper focuses on the occupational mobility of temporary help
agency workers by studying their job-to-job upgrading chances as opposed
to those who have not been hired through these intermediaries. A screening
approach ...
This paper illustrates the philosophy which forms the basis of calibration
exercises in general equilibrium macroeconomic models and the details of the
procedure, the advantages and the disadvantages of the approach, with ...
We consider a dynamic multifactor model of investment with financing imperfections,
adjustment costs and fixed and variable capital. We use the model to derive a test of
financing constraints based on a reduced form variable ...
The paper proposes a technique to jointly test for groupings of unknown
size in the cross sectional dimension of a panel and estimates the
parameters of each group, and applies it to identifying convergence
clubs in ...
Dolado, Juan J.; Gonzalo, Jesús; Mayoral, Laura(2005)
This paper discusses the role of deterministic components in the DGP and in the auxiliary
regression model which underlies the implementation of the Fractional Dickey-Fuller (FDF) test for I(1) against I(d) processes with ...
Expected utility theory (EUT) has been challenged as a descriptive theory
in many contexts. The medical decision analysis context is not an exception.
Several researchers have suggested that rank dependent utility theory ...
The achievable region approach seeks solutions to stochastic optimisation
problems by: (i) characterising the space of all possible performances
(the achievable region) of the system of interest, and (ii) optimising
the ...
We model green markets in which purchasers, either firms or
consumers, have higher willingness-to-pay for less
polluting goods. The effectiveness of pollution reduction
policies is examined in a duopoly setting. We show ...
Chen, Siyan; Loayza, Norman V.; Reynal-Querol, Marta(2007)
Using an “event-study” methodology, this paper analyzes the aftermath of civil war in a cross-section of countries. It focuses on those experiences where the end of conflict marks the beginning of a relatively lasting ...
It is proved the algebraic equality between Jennrich's (1970) asymptotic
$X^2$ test for equality of correlation matrices, and a Wald test statistic
derived from Neudecker and Wesselman's (1990) expression of the
asymptot ...
In most firms, managers periodically assess workers' performance. Evidence suggests
that managers withhold information during these reviews, and some observers
argue that this necessarily reduces surplus. This paper assesses ...
This paper studies a balance whose unobservable fulcrum is not necessarily
located at the middle of its two pans. It presents three different
models, showing how this lack of symmetry modifies the observation, the
formalism ...