Direkt zur Hauptnavigation springen Direkt zum Inhalt springen
info(at)avldigital.remove-this.de
Deutsch English
Letzte Suchanfragen

Ergebnisse für *

Zeige Ergebnisse 1 bis 16 von 16.

  1. The value of sick pay
    Autor*in: Adams, Abi; Boneva, Teodora; Golin, Marta; Rauh, Christopher
    Erschienen: October 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    Not all countries provide universal access to publicly funded paid sick pay. Amongst countries that do, compensation rates can be low and coverage incomplete. This leaves a significant role for employer-provided paid sick pay in many countries. In... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 4
    Fernleihe:
    keine Fernleihe

     

    Not all countries provide universal access to publicly funded paid sick pay. Amongst countries that do, compensation rates can be low and coverage incomplete. This leaves a significant role for employer-provided paid sick pay in many countries. In this paper, we study who has access to employer-provided sick pay, how access to sick pay relates to labor supply when sick, and how much it is valued by workers for themselves and others. We find that workers in jobs with high contact to others are particularly unlikely to have employer provided sick pay, as are economically insecure workers who are least able to afford unpaid time off work. We find that workers without sick pay are more likely to work when experiencing cold-like symptoms and are less willing to expose themselves to health risks at work during the pandemic. Using vignettes, we reveal that large shares of workers have a very high, but even more have a very low willingness to sacrifice earnings for access to sick pay. Together our findings highlight the unequal distribution of access to sick pay and the potentially strong negative externalities of not providing it publicly. The pandemic may have made these issues more salient as perceived probabilities of having to self-isolate are positively related to support for publicly provided sick pay. Finally, we find that providing information on the health externality of paid sick leave increases support for the public provision of sick pay, suggesting that there might be a public under-provision because individuals do not factor in the externalities.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/250469
    Schriftenreihe: Discussion paper series / IZA ; no. 14808
    Schlagworte: inequality; sick pay; sick leave; externalities; public finance; COVID-19; pandemic; coronavirus; market failure; vignette; information treatment
    Umfang: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  2. The visible hand when revenues stop
    evidence from loan and stock markets during Covid19
    Autor*in: Koulischer, François; Pierret, Diane; Steri, Roberto
    Erschienen: April 9, 2021
    Verlag:  [University of Luxembourg, Faculty of Law, Economics and Finance, Luxembourg School of Finance], [Luxembourg]

    We document that public interventions in the corporate sector during the COVID-19 pandemic help firms access bank loans, cushion liquidity shortfalls, and boost their market valuations. We use firm-level data on COVID-19-related news to trace firms’... mehr

    Zugang:
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    Fernleihe:
    keine Fernleihe

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Fernleihe:
    keine Fernleihe

     

    We document that public interventions in the corporate sector during the COVID-19 pandemic help firms access bank loans, cushion liquidity shortfalls, and boost their market valuations. We use firm-level data on COVID-19-related news to trace firms’ liquidity shocks in several European countries, which differ in public spending for fiscal stimulus and debt guarantees to corporations. As market valuations rebound in spite of the deterioration of firms’ revenues, interventions drive a part of the disconnect between markets and the real economy. Remarkably, the financial sector internalizes part of the benefits of interventions targeting non-financial firms. To interpret these results, we lay out a moral hazard model of corporate borrowing and public interventions. The model suggests that interventions in the corporate sector are effective to mitigate incentive problems leading to credit market failures. Lenders benefit from loan guarantees as a compensation to finance firms with severe debt overhang problems

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    Schriftenreihe: LSF research working paper series ; 2020, 7
    Schlagworte: corporate debt; debt overhang; guarantees; market failure; public interventions; market value
    Umfang: 1 Online-Ressource (circa 63 Seiten), Illustrationen
  3. The history of pollution "externalities" in economic thought
    Autor*in: Spash, Clive L.
    Erschienen: 2021
    Verlag:  Institute for Multi-Level Governance & Development, Department of Socio-Economics, Vienna University of Economics and Business, [Vienna]

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 315
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Social-ecological research in economics (SRE) discussion paper ; 2021, 01
    Schlagworte: externalities; market failure; cost shifting; price theory; pollution; Pigou; Coase; Kapp; paradigm shift; environmental economics; neoclassical economics; institutional economics; neoliberal
    Umfang: 1 Online-Ressource (circa 44 Seiten)
  4. The value of sick pay
    Autor*in: Adams, Abi; Boneva, Teodora; Golin, Marta; Rauh, Christopher
    Erschienen: [2021]
    Verlag:  Department of Economics, University of Oxford, Oxford

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 454
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Department of Economics discussion paper series / University of Oxford ; number 966 (August 2021)
    Schlagworte: Inequality; sick pay; sick leave; externalities; public finance; Covid-19; pandemic; coronavirus; market failure; vignette; information treatment
    Umfang: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  5. Towards efficient information sharing in network markets
    Autor*in: Martens, Bertin; Parker, Geoffrey; Petropoulos, Georgios; Van Alstyne, Marshall
    Erschienen: 10 November 2021
    Verlag:  Bruegel, Brussels

    Digital platforms facilitate interactions between consumers and merchants that allow collection of profiling information, which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in market failures... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DSP 160
    Fernleihe:
    keine Fernleihe

     

    Digital platforms facilitate interactions between consumers and merchants that allow collection of profiling information, which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in market failures both on-platform, among merchants, and off-platform, among competing platforms. This paper develops two product-differentiation models to study private and social incentives to share information within and between platforms. We show that there is scope for ex-ante regulation of mandatory data sharing that improves social welfare better than competing interventions, such as barring entry, break-up, forced divestiture or limiting recommendation steering. These alternate proposals do not make efficient use of information. We argue that the location of data access matters and develop a regulatory framework that introduces a new data right for platform users, the in-situ data right, which is associated with positive welfare gains. By construction, this right enables effective sharing of information together with its context, without reducing the value created by network effects. It also enables regulatory oversight but limits data privacy leakages. We discuss crucial elements of its implementation in order to achieve innovation-friendly and competitive digital markets.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/264198
    Schriftenreihe: Bruegel working paper ; 2021, issue 12
    Schlagworte: Information sharing; data rights; digital platforms; market failure; in-situ; algorithms,data portability
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  6. Customary land conversionand the formation of the African city
    Autor*in: Picard, Pierre M.; Selod, Harris
    Erschienen: [2021]
    Verlag:  CORE, Louvain-la-Neuve

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 203
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 2078.1/254743
    Schriftenreihe: LIDAM discussion paper CORE ; 2021, 28
    Schlagworte: Urbanization; land markets; property rights; market failure
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  7. The value of sick pay
    Autor*in: Adams, Abi; Boneva, Teodora; Golin, Marta; Rauh, Christopher
    Erschienen: [2021]
    Verlag:  University of Cambridge, Faculty of Economics, Cambridge

    Zugang:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VSP 1362
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    Schriftenreihe: Cambridge working paper in economics ; 2162
    Janeway Institute working paper series ; 2021, 06
    Schlagworte: Inequality; sick pay; sick leave; externalities; public finance; Covid-19; pandemic; coronavirus; market failure; vignette; information treatment
    Umfang: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  8. What happened on Blackstone Avenue?
    recovering the origins of the coase theorem
    Autor*in: Medema, Steven G.
    Erschienen: [2023]
    Verlag:  Center for the History of Political Economy at Duke University, [Durham, NC]

    This paper revisits the path by which Coase developed the result now known as the Coase theorem, including the famous meeting at the home of Aaron Director during which Coase ‘converted’ a group of Chicago economists to his way of thinking. Drawing... mehr

    Zugang:
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 554
    Fernleihe:
    keine Fernleihe

     

    This paper revisits the path by which Coase developed the result now known as the Coase theorem, including the famous meeting at the home of Aaron Director during which Coase ‘converted’ a group of Chicago economists to his way of thinking. Drawing on published and archival sources, we discuss the challenges that Coase encountered in formulating his argument, particularly as regards the impact of transaction costs on his negotiation result, and illuminate the roles of Duncan Black and David Cavers in nudging Coase toward a theoretically valid result. Finally, we show that the Chicago economists’ ‘conversion’ was both less extensive than commonly believed and likely involved a their acceptance of a result that is both demonstrably incorrect and fundamentally different from that which Coase published in 1960.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/273543
    Schriftenreihe: CHOPE working paper ; no. 2023, 03 (May 2023)
    Schlagworte: Coase theorem; Ronald Coase; externalities; market failure; transaction costs
    Umfang: 1 Online-Ressource (circa 44 Seiten)
  9. Toward the rebuilding of modern macroeconomic theory
    market failure and Keynes' unemployment equilibrium
    Autor*in: Kawai, Eizo
    Erschienen: July 2023
    Verlag:  Tokyo Center for Economic Research, Tokyo, Japan

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    VS 773
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: TCER working paper series ; E-186
    Schlagworte: disequilibrium; derived demand effects; market failure; Keynes’unemployment equilibrium; the role of aggregate demand
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  10. Customary land conversion in African cities
    Autor*in: Picard, Pierre M.; Selod, Harris
    Erschienen: September 2023
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We propose an urban land use model to discuss the conversion of customary agricultural land to formal and informal residential land in a developing country city. Because customary land sales are insecure, migrant buyers face a risk of eviction, which... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 4
    Fernleihe:
    keine Fernleihe

     

    We propose an urban land use model to discuss the conversion of customary agricultural land to formal and informal residential land in a developing country city. Because customary land sales are insecure, migrant buyers face a risk of eviction, which affects land markets in non-trivial ways. Both tenure risk and asymmetric information cause the city extent and population to be too small. Empirical tests of the model for Bamako, Mali, confirm the existence of tenure insecurity and information asymmetry in the primary but not in the secondary land market, consistently with information revelation after initial sales by customary holders.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/282589
    Schriftenreihe: Discussion paper series / IZA ; no. 16462
    Schlagworte: urbanization; land markets; property rights; land tenure formalization; market failure
    Umfang: 1 Online-Ressource (circa 62 Seiten), Illustrationen
  11. Market exposure, civic values, and rules
    Autor*in: Rustagi, Devesh
    Erschienen: April 2023
    Verlag:  CeDEx, Centre for Decision Research & Experimental Economics, University of Nottingham, Nottingham

    Does market exposure shape civic values and rules that constrain opportunistic behavior and foster generalized cooperation? I investigate this question using a natural experiment on market location from Ethiopia, where exchange is prone to... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 175
    Fernleihe:
    keine Fernleihe

     

    Does market exposure shape civic values and rules that constrain opportunistic behavior and foster generalized cooperation? I investigate this question using a natural experiment on market location from Ethiopia, where exchange is prone to cooperation problems from asymmetric information and absence of third-party enforcement. I find a strong negative effect of market distance on civic values and rule formation. These results arise because groups develop different kinds of exchange structures to alleviate cooperation problems from market failure. In groups further away from markets, individuals rely on eponymous exchange and reputation in dense social network, which fosters parochial cooperation. In contrast, in groups near markets, impersonal and ephemeral exchange with strangers creates a demand for civic values and rules, which together with community sanctioning fosters generalized cooperation. Distance from markets without asymmetric information has no effect on civic values and rules.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/284280
    Schriftenreihe: CeDEx discussion paper series ; no. 2023, 05
    Schlagworte: Markets; civic values; rules; cooperation; market failure; asymmetric information; Ethiopia
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen
  12. Realizing the value of recycling - assessing the elements of a policy package
    Autor*in: Xi, Sun; Neuhoff, Karsten
    Erschienen: 2024
    Verlag:  DIW Berlin, German Institute for Economic Research, Berlin

    We investigate policies for increasing recycling to facilitate decarbonization within the basic material sector, including market-based policies, such as carbon pricing, advanced disposal fee and minimum recycled content requirement, and non-market... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 14
    Fernleihe:
    keine Fernleihe

     

    We investigate policies for increasing recycling to facilitate decarbonization within the basic material sector, including market-based policies, such as carbon pricing, advanced disposal fee and minimum recycled content requirement, and non-market policies, such as product design standard. We develop an analytical model to assess the role of these policy instruments for recycling related choices of manufacturing industry, consumers, and waste management. We find that individual policy instruments can deliver some benefits in terms of emission reductions and welfare improvements, but that a package of policy instruments is necessary to reach the welfare maximum and effective scale of emission reductions and resource saving.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/283243
    Schriftenreihe: Discussion papers / Deutsches Institut für Wirtschaftsforschung ; 2069
    Schlagworte: industry decarbonization; market failure; high-quality recycling; policy package
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  13. Customary land conversion in African cities
    Autor*in: Picard, Pierre M.; Selod, Harris
    Erschienen: September 2023
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We propose an urban land use model to discuss the conversion of customary agricultural land to formal and informal residential land in a developing country city. Because customary land sales are insecure, migrant buyers face a risk of eviction, which... mehr

    Zugang:
    Verlag (kostenfrei)

     

    We propose an urban land use model to discuss the conversion of customary agricultural land to formal and informal residential land in a developing country city. Because customary land sales are insecure, migrant buyers face a risk of eviction, which affects land markets in non-trivial ways. Both tenure risk and asymmetric information cause the city extent and population to be too small. Empirical tests of the model for Bamako, Mali, confirm the existence of tenure insecurity and information asymmetry in the primary but not in the secondary land market, consistently with information revelation after initial sales by customary holders

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Discussion paper series / IZA ; no. 16462
    Schlagworte: urbanization; land markets; property rights; land tenure formalization; market failure
    Umfang: 1 Online-Ressource (circa 62 Seiten), Illustrationen
  14. Bad jobs
    Autor*in: Chen, Yu; Doyle, Matthew; González, Francisco M.
    Erschienen: [2019]
    Verlag:  Department of Economics, University of Waterloo, Waterloo, Ontario

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Volltext (kostenfrei)
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: [Waterloo economic series ; # 19, 002]
    Schlagworte: competitive search equilibrium; private information; limited commitment; job creation; job mobility; market failure; job quality
    Umfang: 1 Online-Ressource (circa 57 Seiten)
  15. Market imperfections for tractor service provision in Nigeria
    international perspectives and empirical evidence
    Autor*in: Takeshima, Hiroyuki
    Erschienen: 2015
    Verlag:  Internat. Food Policy Research Inst., Washington, DC

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: IFPRI discussion paper ; 1424
    Schlagworte: tractor; market failure; double-hurdle model; generalized propensity score; Nigeria; Africa south of the Sahara
    Umfang: Online-Ressource (VI, 28 S.), graph. Darst., Kt.
  16. Political economy of state interventions in the Bangladesh food-grain sector
    Autor*in: Islam, Nurul
    Erschienen: 2014
    Verlag:  Internat. Food Policy Research Inst., Washington, DC

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Fernleihe:
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: IFPRI discussion paper ; 1404
    Schlagworte: food crisis; urban bias; suburbs; market failure; interest groups; price support; public food stock; safety net; donors; social scientists/economists
    Umfang: Online-Ressource (V, 15 S.)