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Gerard Pfann

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Zvi Eckstein & Esther Gal-Or & Thorvaldur Gylfason & Jürgen Von Hagen & Gerard Pfann, 2011. "A Decade of Editing the European Economic Review," CESifo Working Paper Series 3638, CESifo.

    Mentioned in:

    1. Behind the scenes of the European Economic Review
      by Olaf Siegert in EconStor blog on 2012-03-23 17:28:27
  2. Hamermesh, Daniel S. & Pfann, Gerard A., 2022. "The Variability and Volatility of Sleep: An Archetypal Approach," IZA Discussion Papers 15001, Institute of Labor Economics (IZA).

    Mentioned in:

    1. New and Novel ARCH Model Appication (Seriously)
      by Francis Diebold in No Hesitations on 2022-02-28 12:22:00

    Mentioned in:

    1. The Consequences of Ideology
      by Matthew Kahn in Environmental and Urban Economics on 2014-08-13 20:18:00
    2. Some Economics of Net Zero Energy Homes
      by Matthew Kahn in Environmental and Urban Economics on 2016-06-04 21:47:00
    3. Preventing bank runs – a primer
      by ? in Bruegel blog on 2013-04-02 15:58:20
    4. H-Index for Journals
      by Francis Diebold in No Hesitations on 2018-03-08 17:47:00

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Kodde, D A & Palm, Franz C & Pfann, G A, 1990. "Asymptotic Least-Squares Estimation Efficiency Considerations and Applications," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 5(3), pages 229-243, July-Sept.

    Mentioned in:

    1. Asymptotic least-squares estimation efficiency considerations and applications (Journal of Applied Econometrics 1990) in ReplicationWiki ()

    Mentioned in:

    1. European Economic Review in Wikipedia (French)

Working papers

  1. Daniel S. Hamermesh & Gerard A. Pfann, 2022. "The Variability and Volatility of Sleep: An ARCHetypal Behavior," NBER Working Papers 29658, National Bureau of Economic Research, Inc.

    Cited by:

    1. Joan Costa‐Font & Sarah Fleche & Ricardo Pagan, 2024. "The welfare effects of time reallocation: evidence from Daylight Saving Time," Economica, London School of Economics and Political Science, vol. 91(362), pages 547-568, April.
    2. Conlin, Andrew & Nerg, Iiro & Ala-Mursula, Leena & Räihä, Tapio & Korhonen, Marko, 2023. "The association between chronotype and wages at mid-age," Economics & Human Biology, Elsevier, vol. 50(C).
    3. Joan Costa-Font, 2022. "Incentivizing sleep?," IZA World of Labor, Institute of Labor Economics (IZA), pages 502-502, November.
    4. Yi Fan & Diana M. Weinhold, 2022. "Urban noise, sleep disruption and health," Applied Economics, Taylor & Francis Journals, vol. 54(50), pages 5782-5799, October.

  2. Hamermesh, Daniel S. & Pfann, Gerard A., 2022. "The Variability and Volatility of Sleep: An Archetypal Approach," IZA Discussion Papers 15001, Institute of Labor Economics (IZA).

    Cited by:

    1. Conlin, Andrew & Nerg, Iiro & Ala-Mursula, Leena & Räihä, Tapio & Korhonen, Marko, 2023. "The association between chronotype and wages at mid-age," Economics & Human Biology, Elsevier, vol. 50(C).
    2. Joan Costa-Font, 2022. "Incentivizing sleep?," IZA World of Labor, Institute of Labor Economics (IZA), pages 502-502, November.
    3. Yi Fan & Diana M. Weinhold, 2022. "Urban noise, sleep disruption and health," Applied Economics, Taylor & Francis Journals, vol. 54(50), pages 5782-5799, October.

  3. Maria Zumbuehl & Thomas Dohmen & Gerard Pfann, 2020. "Parental Involvement and the Intergenerational Transmission of Economic Preferences, Attitude and Personality Traits," ECONtribute Discussion Papers Series 027, University of Bonn and University of Cologne, Germany.

    Cited by:

    1. Chen, Yefeng & Yang, Wenyuan & Luo, Gansong & Luo, Jun, 2024. "Choosing tournament for children: Parenting style and information intervention," China Economic Review, Elsevier, vol. 85(C).
    2. Effrosyni Adamopoulou & Elisabetta Olivieri & Eleftheria Triviza, 2023. "Eating Habits, Food Consumption, and Health: The Role of Early Life Experiences," CRC TR 224 Discussion Paper Series crctr224_2021_276v2, University of Bonn and University of Mannheim, Germany.
    3. Bobae Hong & Kichang Kim & Yuxin Su, 2024. "The Intergenerational Transmission of Risk Preferences: Evidence from Field Experiments in China and Korea," Journal of Family and Economic Issues, Springer, vol. 45(1), pages 151-173, March.
    4. Andrew E Clark & Rong Zhu, 2023. "Taking Back Control? Quasi-Experimental Evidence on the Impact of Retirement on Locus of Control," PSE Working Papers halshs-04335808, HAL.
    5. Greta Morando & Sonkurt Sen & Almudena Sevilla, 2024. "Maternal Beliefs and Long-Term Child Skill Development," CRC TR 224 Discussion Paper Series crctr224_2024_498, University of Bonn and University of Mannheim, Germany.
    6. Cobb-Clark, Deborah A. & Tayeb, Haniene, 2024. "Family Stress and the Intergenerational Correlation in Self-Control," IZA Discussion Papers 17265, Institute of Labor Economics (IZA).
    7. Paul Schüle, 2023. "Career Preferences and Socio-Economic Background," ifo Working Paper Series 395, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    8. Anne Ardila Brenøe & Thomas Epper, 2022. "Parenting Values and the Intergenerational Transmission of Time Preferences," Post-Print hal-03473435, HAL.
    9. Feichtmayer, Jennifer & Riphahn, Regina T., 2023. "Intergenerational Transmission of Welfare Benefit Receipt: Evidence from Germany," IZA Discussion Papers 16660, Institute of Labor Economics (IZA).
    10. Thijs Brouwer & Fabio Galeotti & Marie Claire Villeval, 2023. "Teaching Norms: Direct Evidence of Parental Transmission," The Economic Journal, Royal Economic Society, vol. 133(650), pages 872-887.
    11. Lukas Kiessling, 2021. "How Do Parents Perceive the Returns to Parenting Styles and Neighborhoods?," CRC TR 224 Discussion Paper Series crctr224_2021_270v2, University of Bonn and University of Mannheim, Germany.
    12. Jonas Tungodden & Alexander Willén, 2023. "When Parents Decide: Gender Differences in Competitiveness," Journal of Political Economy, University of Chicago Press, vol. 131(3), pages 751-801.
    13. Bao, Te & Yuan, Yuemei & Luo, Weidong & Xu, Bin, 2024. "Unlucky to have brothers: Sibling sex composition and girls’ locus of control," World Development, Elsevier, vol. 173(C).
    14. Daniel Graeber, 2023. "Intergenerational Health Mobility in Germany," SOEPpapers on Multidisciplinary Panel Data Research 1195, DIW Berlin, The German Socio-Economic Panel (SOEP).
    15. Sarah C. Dahmann & Nathan Kettlewell & Jack Lam, 2022. "Parental Separation and the Formation of Economic Preferences," SOEPpapers on Multidisciplinary Panel Data Research 1161, DIW Berlin, The German Socio-Economic Panel (SOEP).
    16. Flavia Coda Moscarola & Daniela Del Boca & Giovanna Paladino, 2023. "Parents' Preferences, Parenting Styles and Children's Outcomes," Carlo Alberto Notebooks 697 JEL Classification: D, Collegio Carlo Alberto.
    17. Rauh, Christopher & Renee, Laetitia, 2022. "How to measure parenting styles?," CEPR Discussion Papers 17326, C.E.P.R. Discussion Papers.
    18. Florio, Erminia & Manfredonia, Stefano, 2021. "Ancestors, inter-generational transmission of attitudes, and corporate performance: Evidence from the Italian Mass Migration," GLO Discussion Paper Series 830, Global Labor Organization (GLO).
    19. Justine Herve & Helene Purcell & Subha Mani, 2023. "Conscientiousness Matters: How does Personality affect Labor Market Outcomes?," Fordham Economics Discussion Paper Series dp2023-05er:dp2023-05, Fordham University, Department of Economics.
    20. Flavia Coda Moscarola & Daniela Del Boca & Giovanna Paladino, 2024. "Intergenerational Transmission of Preferences and Parental Behaviours," CESifo Working Paper Series 10902, CESifo.
    21. Jonsson, Sara & Ouyang, Qinglin, 2023. "Effects of cultural origin on entrepreneurship," Journal of Economic Behavior & Organization, Elsevier, vol. 216(C), pages 308-319.
    22. Kleinhempel, Johannes & Klasing, Mariko & Beugelsdijk, Sjoerd, 2022. "Cultural Roots of Entrepreneurship," MPRA Paper 115942, University Library of Munich, Germany.

  4. Maria Zumbuehl & Thomas Dohmen & Gerard Pfann, 2018. "Parental Involvement and the Intergenerational Transmission of Economic Preferences and Attitudes," CRC TR 224 Discussion Paper Series crctr224_2018_022, University of Bonn and University of Mannheim, Germany.

    Cited by:

    1. Agostinelli, Francesco & Doepke, Matthias & Sorrenti, Giuseppe & Zilibotti, Fabrizio, 2020. "It Takes a Village: The Economics of Parenting with Neighborhood and Peer Effects," IZA Discussion Papers 13161, Institute of Labor Economics (IZA).
    2. Anne Ardila Brenøe & Thomas Epper, 2019. "Parenting values moderate the intergenerational transmission of time preferences," ECON - Working Papers 333, Department of Economics - University of Zurich.
    3. Anne Ardila Brenøe & Thomas Epper, 2022. "Parenting Values and the Intergenerational Transmission of Time Preferences," Post-Print hal-03473435, HAL.
    4. Lukas Kiessling, 2021. "How Do Parents Perceive the Returns to Parenting Styles and Neighborhoods?," CRC TR 224 Discussion Paper Series crctr224_2021_270v2, University of Bonn and University of Mannheim, Germany.

  5. Mühlemann, Samuel & Pfann, Gerard A. & Pfeifer, Harald & Dietrich, Hans, 2018. "The Effects of Supply Shocks in the Market for Apprenticeships: Evidence from a German High School Reform," IZA Discussion Papers 11264, Institute of Labor Economics (IZA).

    Cited by:

    1. Dorner, Matthias & Görlitz, Katja, 2020. "Training, wages and a missing school graduation cohort," IAB-Discussion Paper 202028, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    2. Thomsen, Stephan L. & Trunzer, Johannes, 2020. "Did the Bologna Process Challenge the German Apprenticeship System? Evidence from a Natural Experiment," IZA Discussion Papers 13806, Institute of Labor Economics (IZA).
    3. Aftab Ahmed Memon & Zhimin Liu, 2019. "Assessment of Sustainable Development of the Performance of Higher Education Credentials in the Transitive Labor Market," Sustainability, MDPI, vol. 11(9), pages 1-14, May.

  6. Pfann, Gerard & Muehlemann, Samuel & Pfeifer, Harald & Dietrich, Hans, 2018. "Supply Shocks in the Market for Apprenticeships: Evidence from a German High School Reform," CEPR Discussion Papers 12669, C.E.P.R. Discussion Papers.

    Cited by:

    1. Dorner, Matthias & Görlitz, Katja, 2020. "Training, wages and a missing school graduation cohort," IAB-Discussion Paper 202028, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    2. Thomsen, Stephan L. & Trunzer, Johannes, 2020. "Did the Bologna Process Challenge the German Apprenticeship System? Evidence from a Natural Experiment," IZA Discussion Papers 13806, Institute of Labor Economics (IZA).
    3. Aftab Ahmed Memon & Zhimin Liu, 2019. "Assessment of Sustainable Development of the Performance of Higher Education Credentials in the Transitive Labor Market," Sustainability, MDPI, vol. 11(9), pages 1-14, May.

  7. Samuel Muehlemann & Gerard Pfann & Harald Pfeifer & Hans Dietrich, 2018. "Supply Shocks in the Market for Apprenticeship Training," Economics of Education Working Paper Series 0143, University of Zurich, Department of Business Administration (IBW), revised Oct 2020.

    Cited by:

    1. Cäcilia Lipowski, 2024. "No Teens, No Tech: How Shortages of Young Workers Hinder Firm Technology Investments," CESifo Working Paper Series 11471, CESifo.
    2. Dorner, Matthias & Görlitz, Katja, 2020. "Training, wages and a missing school graduation cohort," IAB-Discussion Paper 202028, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    3. Carolin Linckh & Caroline Neuber-Pohl & Harald Pfeifer, 2023. "The employment effects of raising negotiated minimum wages for apprentices," Economics of Education Working Paper Series 0202, University of Zurich, Department of Business Administration (IBW).
    4. Pardesi, Mantej, 2024. "Productivity convergence and firm’s training strategy," ROA Research Memorandum 003, Maastricht University, Research Centre for Education and the Labour Market (ROA).
    5. Pardesi, Mantej, 2024. "Productivity Convergence and Firm’s Training Strategy," Research Memorandum 003, Maastricht University, Graduate School of Business and Economics (GSBE).
    6. Samuel Muehlemann & Gerard Pfann & Harald Pfeifer, 2024. "Apprenticeship Input Demand Cyclicality of R&D and non-R&D Firms," Economics of Education Working Paper Series 0223, University of Zurich, Department of Business Administration (IBW).

  8. Pfann, Gerard & Blumberg, Boris, 2015. "Roads Leading to Self-Employment: Comparing Transgenerational Entrepreneurs and Self-Made Start-Ups," CEPR Discussion Papers 10699, C.E.P.R. Discussion Papers.

    Cited by:

    1. Ferrando-Latorre, Sandra & Velilla, Jorge, 2018. "La transmisión intergeneracional de la actividad emprendedora en las familias españolas [Intergeneration transmissions of the entrepreneurial activity in Spanish households]," MPRA Paper 83573, University Library of Munich, Germany.
    2. Viinikainen, Jutta & Heineck, Guido & Böckerman, Petri & Hintsanen, Mirka & Raitakari, Olli & Pehkonen, Jaakko, 2016. "Born Entrepreneur? Adolescents' Personality Characteristics and Self-Employment in Adulthood," IZA Discussion Papers 9805, Institute of Labor Economics (IZA).
    3. Molina, Jose Alberto & Ortega, Raquel & Velilla, Jorge, 2017. "Older entrepreneurs-by-necessity using fuzzy set methods: differences between developed and developing countries," MPRA Paper 76982, University Library of Munich, Germany.
    4. Gascón Salillas, Patricia, 2020. "La actividad emprendedora: Análisis transversal en la Comunidad Foral de Navarra [Entrepreneurship activity: Cross-sectional analysis in the Region of Navarra]," MPRA Paper 99386, University Library of Munich, Germany.
    5. Jose Ignacio Gimenez-Nadal & Miguel Lafuente & Jose Alberto Molina & Jorge Velilla, 2019. "Resampling and bootstrap algorithms to assess the relevance of variables: applications to cross section entrepreneurship data," Empirical Economics, Springer, vol. 56(1), pages 233-267, January.
    6. Viinikainen, Jutta & Heineck, Guido & Böckerman, Petri & Hintsanen, Mirka & Raitakari, Olli & Pehkonen, Jaakko, 2017. "Born entrepreneurs? Adolescents’ personality characteristics and entrepreneurship in adulthood," Journal of Business Venturing Insights, Elsevier, vol. 8(C), pages 9-12.
    7. Jorge, Velilla, 2017. "Feminization of entrepreneurship in developing countries? Evidence from GEM data," MPRA Paper 79997, University Library of Munich, Germany.
    8. Velilla, Jorge & Molina, José Alberto & Ortega, Raquel, 2018. "Why older workers become entrepreneurs? International evidence using fuzzy set methods," The Journal of the Economics of Ageing, Elsevier, vol. 12(C), pages 88-95.
    9. Molina, Jose Alberto & Velilla, Jorge & Ortega, Raquel, 2016. "Entrepreneurial activity in the OECD: Pooled and cross-country evidence," MPRA Paper 71592, University Library of Munich, Germany.
    10. Gimenez-Nadal, José Ignacio & Lafuente, Miguel & Molina, José Alberto & Velilla, Jorge, 2016. "Resampling and Bootstrap to Assess the Relevance of Variables: A New Algorithmic Approach with Applications to Entrepreneurship Data," IZA Discussion Papers 9938, Institute of Labor Economics (IZA).

  9. Maria Zumbuehl & Thomas Dohmen & Gerard Pfann, 2013. "Parental Investment and the Intergenerational Transmission of Economic Preferences and Attitudes," SOEPpapers on Multidisciplinary Panel Data Research 570, DIW Berlin, The German Socio-Economic Panel (SOEP).

    Cited by:

    1. Bodo Knoll & Nadine Riedel & Eva Schlenker, 2013. "He's a Chip Off the Old Block - The Persistence of Occupational Choices Across Generations," CESifo Working Paper Series 4428, CESifo.
    2. Fabian Kosse & Thomas Deckers & Hannah Schildberg-Hörisch & Armin Falk, 2016. "The Formation of Prosociality: Causal Evidence on the Role of Social Environment," SOEPpapers on Multidisciplinary Panel Data Research 840, DIW Berlin, The German Socio-Economic Panel (SOEP).
    3. Hoffmann, Malte & Boll, Christina, 2015. "It's not all about parents' education, it also matters what they do. Parents' employment and children's school success in Germany," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112933, Verein für Socialpolitik / German Economic Association.
    4. Huebener, Mathias, 2015. "The role of paternal risk attitudes in long-run education outcomes and intergenerational mobility," Economics of Education Review, Elsevier, vol. 47(C), pages 64-79.
    5. Matthias Doepke & Fabrizio Zilibotti, 2012. "Parenting with style: Altruism and paternalism in intergenerational preference transmission," ECON - Working Papers 104, Department of Economics - University of Zurich.
    6. Matthias Doepke & Fabrizio Zilibotti, 2019. "EconomicDynamics Interview: Matthias Doepke and Fabrizio Zilibotti on Family Economics," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 20(1), April.
    7. Doepke, Matthias & Zilibotti, Fabrizio, 2013. "Culture, Entrepreneurship, and Growth," IZA Discussion Papers 7459, Institute of Labor Economics (IZA).
    8. Andra C. Ghent & Marianna Kudlyak, 2015. "Intergenerational Linkages in Household Credit," Working Paper 15-14, Federal Reserve Bank of Richmond.
    9. Contreras Suarez, Diana & Cameron, Lisa A., 2016. "Conditional Cash Transfers: Do They Change Time Preferences and Educational Aspirations?," IZA Discussion Papers 10309, Institute of Labor Economics (IZA).
    10. Boll, Christina & Bublitz, Elisabeth & Hoffmann, Malte, 2015. "Geschlechtsspezifische Berufswahl: Literatur- und Datenüberblick zu Einflussfaktoren, Anhaltspunkten struktureller Benachteiligung und Abbruchkosten," HWWI Policy Papers 90, Hamburg Institute of International Economics (HWWI).
    11. Sule Alan & Nazli Baydar & Teodora Boneva & Thomas Crossley & Seda Ertac, 2013. "Parental socialisation effort and the intergenerational transmission of risk preferences," IFS Working Papers W13/12, Institute for Fiscal Studies.
    12. Anger, Silke & Dahmann, Sarah, 2015. "The Impact of Education on Personality - Evidence from a German High School Reform," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112902, Verein für Socialpolitik / German Economic Association.
    13. Turna Cebeci, Gizem, 2024. "Intergenerational transmission of financial biases," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 111(C).
    14. Avner Ben-Ner & John List & Louis Putterman & Anya Samek, 2015. "Learned Generosity? A Field Experiment with Parents and Their Children," Artefactual Field Experiments 00434, The Field Experiments Website.
    15. Lucks, Konstantin E. & Luhrmann, Melanie & Winter, Joachim, 2020. "Assortative matching and social interaction: A field experiment on adolescents' risky choices," Munich Reprints in Economics 84741, University of Munich, Department of Economics.
    16. Brouwer, Thijs, 2021. "Essays on behavioral responses to dishonest and anti-social decision making," Other publications TiSEM 24873bbf-72cf-4c69-bc0b-9, Tilburg University, School of Economics and Management.
    17. Michael Wyrwich, 2015. "Entrepreneurship and the intergenerational transmission of values," Small Business Economics, Springer, vol. 45(1), pages 191-213, June.
    18. Della Giusta, Marina & Di Girolamo, Amalia, 2018. "Have your cake and eat it too: real effort and risk aversion in schoolchildren," MPRA Paper 89528, University Library of Munich, Germany.
    19. Alan, Sule & Baydar, Nazli & Boneva, Teodora & Crossley, Thomas F. & Ertac, Seda, 2017. "Transmission of risk preferences from mothers to daughters," Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 60-77.
    20. Pannenberg, Markus & Friehe, Tim, 2017. "Time preferences and political regimes: Evidence from reunified Germany," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168173, Verein für Socialpolitik / German Economic Association.
    21. Avner Ben-Ner & John List & Louis Putterman & Anya Samek, 2017. "Learned Generosity? An Artefactual Field Experiment with Parents and their Children," Artefactual Field Experiments 00645, The Field Experiments Website.
    22. Koch, Alexander K. & Nafziger, Julia & Nielsen, Helena Skyt, 2014. "Behavioral Economics of Education," IZA Discussion Papers 8470, Institute of Labor Economics (IZA).
    23. Britta Gauly, 2017. "The Intergenerational Transmission of Attitudes: Analyzing Time Preferences and Reciprocity," Journal of Family and Economic Issues, Springer, vol. 38(2), pages 293-312, June.
    24. Zubair, Maria & Khanum, Ayesha & Nasir, Marjan, 2018. "Transfer Of Behavioral Traits From Parents To Children: An Experimental Approach," MPRA Paper 92121, University Library of Munich, Germany.
    25. Konstanting Lucks & Melanie Lührmann & Joachim K. Winter, 2017. "Peer effects in risky choices among adolescents," IFS Working Papers W17/16, Institute for Fiscal Studies.

  10. Zumbühl, M.A. & Dohmen, T.J. & Pfann, G.A., 2013. "Parental investment and the intergenerational transmission of economic preferences," ROA Research Memorandum 011, Maastricht University, Research Centre for Education and the Labour Market (ROA).

    Cited by:

    1. Bodo Knoll & Nadine Riedel & Eva Schlenker, 2013. "He's a Chip Off the Old Block - The Persistence of Occupational Choices Across Generations," CESifo Working Paper Series 4428, CESifo.
    2. Fabian Kosse & Thomas Deckers & Hannah Schildberg-Hörisch & Armin Falk, 2016. "The Formation of Prosociality: Causal Evidence on the Role of Social Environment," SOEPpapers on Multidisciplinary Panel Data Research 840, DIW Berlin, The German Socio-Economic Panel (SOEP).
    3. Hoffmann, Malte & Boll, Christina, 2015. "It's not all about parents' education, it also matters what they do. Parents' employment and children's school success in Germany," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112933, Verein für Socialpolitik / German Economic Association.
    4. Huebener, Mathias, 2015. "The role of paternal risk attitudes in long-run education outcomes and intergenerational mobility," Economics of Education Review, Elsevier, vol. 47(C), pages 64-79.
    5. Matthias Doepke & Fabrizio Zilibotti, 2012. "Parenting with style: Altruism and paternalism in intergenerational preference transmission," ECON - Working Papers 104, Department of Economics - University of Zurich.
    6. Matthias Doepke & Fabrizio Zilibotti, 2019. "EconomicDynamics Interview: Matthias Doepke and Fabrizio Zilibotti on Family Economics," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 20(1), April.
    7. Doepke, Matthias & Zilibotti, Fabrizio, 2013. "Culture, Entrepreneurship, and Growth," IZA Discussion Papers 7459, Institute of Labor Economics (IZA).
    8. Andra C. Ghent & Marianna Kudlyak, 2015. "Intergenerational Linkages in Household Credit," Working Paper 15-14, Federal Reserve Bank of Richmond.
    9. Contreras Suarez, Diana & Cameron, Lisa A., 2016. "Conditional Cash Transfers: Do They Change Time Preferences and Educational Aspirations?," IZA Discussion Papers 10309, Institute of Labor Economics (IZA).
    10. Anger, Silke & Dahmann, Sarah, 2015. "The Impact of Education on Personality - Evidence from a German High School Reform," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112902, Verein für Socialpolitik / German Economic Association.
    11. Avner Ben-Ner & John List & Louis Putterman & Anya Samek, 2015. "Learned Generosity? A Field Experiment with Parents and Their Children," Artefactual Field Experiments 00434, The Field Experiments Website.
    12. Lucks, Konstantin E. & Luhrmann, Melanie & Winter, Joachim, 2020. "Assortative matching and social interaction: A field experiment on adolescents' risky choices," Munich Reprints in Economics 84741, University of Munich, Department of Economics.
    13. Brouwer, Thijs, 2021. "Essays on behavioral responses to dishonest and anti-social decision making," Other publications TiSEM 24873bbf-72cf-4c69-bc0b-9, Tilburg University, School of Economics and Management.
    14. Michael Wyrwich, 2015. "Entrepreneurship and the intergenerational transmission of values," Small Business Economics, Springer, vol. 45(1), pages 191-213, June.
    15. Della Giusta, Marina & Di Girolamo, Amalia, 2018. "Have your cake and eat it too: real effort and risk aversion in schoolchildren," MPRA Paper 89528, University Library of Munich, Germany.
    16. Alan, Sule & Baydar, Nazli & Boneva, Teodora & Crossley, Thomas F. & Ertac, Seda, 2017. "Transmission of risk preferences from mothers to daughters," Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 60-77.
    17. Pannenberg, Markus & Friehe, Tim, 2017. "Time preferences and political regimes: Evidence from reunified Germany," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168173, Verein für Socialpolitik / German Economic Association.
    18. Avner Ben-Ner & John List & Louis Putterman & Anya Samek, 2017. "Learned Generosity? An Artefactual Field Experiment with Parents and their Children," Artefactual Field Experiments 00645, The Field Experiments Website.
    19. Koch, Alexander K. & Nafziger, Julia & Nielsen, Helena Skyt, 2014. "Behavioral Economics of Education," IZA Discussion Papers 8470, Institute of Labor Economics (IZA).
    20. Britta Gauly, 2017. "The Intergenerational Transmission of Attitudes: Analyzing Time Preferences and Reciprocity," Journal of Family and Economic Issues, Springer, vol. 38(2), pages 293-312, June.
    21. Zubair, Maria & Khanum, Ayesha & Nasir, Marjan, 2018. "Transfer Of Behavioral Traits From Parents To Children: An Experimental Approach," MPRA Paper 92121, University Library of Munich, Germany.
    22. Konstanting Lucks & Melanie Lührmann & Joachim K. Winter, 2017. "Peer effects in risky choices among adolescents," IFS Working Papers W17/16, Institute for Fiscal Studies.

  11. Zvi Eckstein & Esther Gal-Or & Thorvaldur Gylfason & Jürgen Von Hagen & Gerard Pfann, 2011. "A Decade of Editing the European Economic Review," CESifo Working Paper Series 3638, CESifo.

    Cited by:

    1. Kurronen, Sanna, 2018. "Oil price collapse and firm leverage in resource-dependent countries," BOFIT Discussion Papers 10/2018, Bank of Finland Institute for Emerging Economies (BOFIT).

  12. Asphjell, Magne Krogstad & Letterie, Wilko & Nilsen, Øivind Anti & Pfann, Gerard A., 2010. "Sequentiality versus Simultaneity: Interrelated Factor Demand," Discussion Paper Series in Economics 29/2010, Norwegian School of Economics, Department of Economics.

    Cited by:

    1. Hirokazu Mizobata, 2014. "Differing factor adjustment costs across industries: Evidence from Japan," KIER Working Papers 885, Kyoto University, Institute of Economic Research.
    2. Addison, John T. & Portugal, Pedro & Varejão, José, 2014. "Labour Demand Research: Towards a Better Match between Better Theory and Better Data," IZA Discussion Papers 8125, Institute of Labor Economics (IZA).
    3. M. Grazzi & N. Jacoby & T. Treibich, 2013. "Dynamics of Investment and Firm Performance: Comparative evidence from manufacturing industries," Working Papers wp869, Dipartimento Scienze Economiche, Universita' di Bologna.
    4. Domini, Giacomo & Grazzi, Marco & Moschella, Daniele & Treibich, Tania, 2021. "Threats and opportunities in the digital era: Automation spikes and employment dynamics," Research Policy, Elsevier, vol. 50(7).
    5. Rolf Golombek & Arvid Raknerud, 2015. "Exit Dynamics of Start-up Firms: Does Profit Matter?," CESifo Working Paper Series 5172, CESifo.
    6. Tang, Le, 2022. "The dynamic demand for capital and labor: Evidence from Chinese industrial firms," Economic Modelling, Elsevier, vol. 107(C).
    7. Enrico D'Elia & Alessandra Righi, 2017. "Firm's level labour intensity in Italy after the Great Recession," Working Papers 1, Department of the Treasury, Ministry of the Economy and of Finance.
    8. Le Tang & Jun Zhang & Jim Huangnan Shen, 2024. "Capital misallocation in Chinese industrial firms," Scottish Journal of Political Economy, Scottish Economic Society, vol. 71(1), pages 75-100, February.
    9. Amundsen, Alexander, 2023. "Interaction effects in the adjustment cost function of firms," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    10. Giacomo Domini & Marco Grazzi & Daniele Moschella & Tania Treibich, 2021. "For Whom the Bell Tolls: The Firm-Level Effects of Automation on Wage and Gender Inequality," JRC Working Papers on Labour, Education and Technology 2021-15, Joint Research Centre.
    11. Golombek, Rolf & Raknerud, Arvid, 2018. "Exit dynamics of start-up firms: Structural estimation using indirect inference," Journal of Econometrics, Elsevier, vol. 205(1), pages 204-225.
    12. Hirokazu Mizobata, 2015. "Hiring, investments, and financial distress: evidence from a Panel VAR analysis of Japanese firms," Economics Bulletin, AccessEcon, vol. 35(4), pages 2558-2566.
    13. Tiedtke, Julian, 2024. "Unveiling the Job-Creating and Destroying Effects of Automation through the Lense of Heterogeneity," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302375, Verein für Socialpolitik / German Economic Association.
    14. Yang, Zhenbing & Shi, Qingquan & Shao, Shuai & Lu, Minwei & Yang, Lili, 2023. "Stricter energy regulations and water consumption: Firm-level evidence from China," Energy Economics, Elsevier, vol. 120(C).
    15. Yaman, F., 2011. "The costs of adjusting labor: Evidence from temporally disaggregated data," Working Papers 11/10, Department of Economics, City University London.
    16. Yaman, F., 2016. "Structural Estimation of Labor Adjustment Costs," Working Papers 15/22, Department of Economics, City University London.
    17. Lapatinas Athanasios, 2012. "On the Interrelation of Capital and Labor Adjustment Costs at the Firm Level," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 16(3), pages 1-36, September.
    18. Yu, Xiaodan & Dosi, Giovanni & Grazzi, Marco & Lei, Jiasu, 2017. "Inside the virtuous circle between productivity, profitability, investment and corporate growth: An anatomy of Chinese industrialization," Research Policy, Elsevier, vol. 46(5), pages 1020-1038.
    19. Mizobata, Hirokazu, 2016. "Differing factor adjustment costs across industries: Evidence from Japan," Economic Modelling, Elsevier, vol. 54(C), pages 382-391.

  13. Hamermesh, Daniel S. & Pfann, Gerard, 2009. "Markets for Reputation: Evidence on Quality and Quantity in Academe," CEPR Discussion Papers 7603, C.E.P.R. Discussion Papers.

    Cited by:

    1. Ozlem Inanc & Onur Tuncer, 2011. "The effect of academic inbreeding on scientific effectiveness," Scientometrics, Springer;Akadémiai Kiadó, vol. 88(3), pages 885-898, September.
    2. Migheli, Matteo & Ramello, Giovanni B., 2014. "Open Access Journals & Academics' Behaviour," IEL Working Papers 18, Institute of Public Policy and Public Choice - POLIS.
    3. Andrew J. Oswald, 2010. "A suggested method for the measurement of world-leading research (illustrated with data on economics)," Scientometrics, Springer;Akadémiai Kiadó, vol. 84(1), pages 99-113, July.
    4. Steven Stack, 2014. "Teaching and Salaries in Social Science: A Research Note," Social Science Quarterly, Southwestern Social Science Association, vol. 95(3), pages 785-794, September.
    5. Robert Hofmeister & Matthias Krapf, 2011. "How Do Editors Select Papers, and How Good are They at Doing It?," Working Paper Series of the Department of Economics, University of Konstanz 2011-37, Department of Economics, University of Konstanz.
    6. Jinyoung Kim & Kanghyock Koh, 2014. "Incentives for Journal Editors," Canadian Journal of Economics, Canadian Economics Association, vol. 47(1), pages 348-371, February.
    7. Russell Smyth & Vinod Mishra, 2014. "Academic inbreeding and research productivity and impact in Australian law schools," Scientometrics, Springer;Akadémiai Kiadó, vol. 98(1), pages 583-618, January.
    8. KRAPF, Matthias & SCHLÄPFER, Jörg, 2012. "How Nobel Laureates Would Perform In The Handelsblatt Ranking," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 12(3).
    9. Glenn Ellison, 2010. "How Does the Market Use Citation Data? The Hirsch Index in Economics," NBER Working Papers 16419, National Bureau of Economic Research, Inc.

  14. Verick, Sher & Letterie, Wilko & Pfann, Gerard A., 2004. "Non-Linearities in the Expansion of Capital Stock," IZA Discussion Papers 1132, Institute of Labor Economics (IZA).

    Cited by:

    1. Øivind A. Nilsen & Arvid Raknerud & Marina Rybalka & Terje Skjerpen, 2005. "Lumpy Investments, Factor Adjustments and Productivity," Discussion Papers 441, Statistics Norway, Research Department.
    2. Del Boca, Alessandra & Galeotti, Marzio & Rota, Paola, 2008. "Non-convexities in the adjustment of different capital inputs: A firm-level investigation," European Economic Review, Elsevier, vol. 52(2), pages 315-337, February.
    3. Hüttel, Silke & Mußhoff, Oliver & Odening, Martin & Zinych, Nataliya, 2008. "Estimating investment equations in imperfect capital markets," SFB 649 Discussion Papers 2008-016, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    4. Julian Fennema & Wilko Letterie & Gerard Pfann, 2006. "The Timing of Investment Episodes in the Netherlands," De Economist, Springer, vol. 154(3), pages 373-388, September.
    5. Sandra Martina Leitner, 2008. "Interrelatedness, Dynamic Factor Adjustment Patterns and Firm Heterogeneity in Austrian Manufacturing," Economics working papers 2008-03, Department of Economics, Johannes Kepler University Linz, Austria.

  15. Dohmen, Thomas & Kriechel, Ben & Pfann, Gerard A., 2003. "Monkey Bars and Ladders: The Importance of Lateral and Vertical Job Mobility in Internal Labor Market Careers," IZA Discussion Papers 867, Institute of Labor Economics (IZA).

    Cited by:

    1. Fix, Blair, 2020. "Economic Development and the Death of the Free Market," Working Papers on Capital as Power 2020/01, Capital As Power - Toward a New Cosmology of Capitalism.
    2. Fix, Blair, 2020. "Economic Development and the Death of the Free Market," SocArXiv g86am, Center for Open Science.
    3. NAKABAYASHI, Masaki, 2011. "Extended Schooling and Internalized Training: Skill Elements Evolution of Blue-collar Workers in an Internal Labor Market," ISS Discussion Paper Series (series F) f157, Institute of Social Science, The University of Tokyo, revised Aug 2012.
    4. Gavilan, Angel, 2012. "Wage inequality, segregation by skill and the price of capital in an assignment model," European Economic Review, Elsevier, vol. 56(1), pages 116-137.
    5. Takii, Katsuya & Sasaki, Masaru & Wan, Junmin, 2020. "Synchronized job transfer and task-specific human capital," Journal of the Japanese and International Economies, Elsevier, vol. 56(C).
    6. Fix, Blair, 2021. "Economic Development and the Death of the Free Market," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue Latest Ar, pages 1-1.
    7. Alan Benson & Ben A. Rissing, 2020. "Strength from Within: Internal Mobility and the Retention of High Performers," Organization Science, INFORMS, vol. 31(6), pages 1475-1496, November.
    8. Forsythe, Eliza, 2023. "Occupational Job Ladders within and between Firms," IZA Discussion Papers 16682, Institute of Labor Economics (IZA).
    9. Bayer, Christian & Kuhn, Moritz, 2023. "Job Levels and Wages," IZA Discussion Papers 16177, Institute of Labor Economics (IZA).
    10. Blair Fix, 2022. "Economic development and the death of the free market," Evolutionary and Institutional Economics Review, Springer, vol. 19(1), pages 1-46, April.
    11. Fix, Blair, 2019. "Personal Income and Hierarchical Power," SocArXiv pb475, Center for Open Science.
    12. Dohmen, Thomas J., 2004. "Performance, seniority, and wages: formal salary systems and individual earnings profiles," Labour Economics, Elsevier, vol. 11(6), pages 741-763, December.
    13. Oberst, Mathias & Schank, Thorsten & Schnabel, Claus, 2006. "Interne Arbeitsmärkte und Einsatz temporärer Arbeitsverhältnisse : Eine Fallstudie mit Daten eines deutschen Dienstleistungsunternehmens," Discussion Papers 46, Friedrich-Alexander University Erlangen-Nuremberg, Chair of Labour and Regional Economics.
    14. Waldman, Michael, 2007. "Theory and evidence in internal labor markets," MPRA Paper 5113, University Library of Munich, Germany.
    15. Fix, Blair, 2018. "The Trouble with Human Capital Theory," SocArXiv ax6k7, Center for Open Science.
    16. Guido Friebel & Elena Panova, 2008. "Insider Privatization and Careers: A Study of a Russian Firm in Transition," NBER Chapters, in: The Analysis of Firms and Employees: Quantitative and Qualitative Approaches, pages 253-266, National Bureau of Economic Research, Inc.
    17. Ben Kriechel & Gerard Pfann, 2005. "The role of specific and general human capital after displacement," Education Economics, Taylor & Francis Journals, vol. 13(2), pages 223-236.
    18. Kräkel, Matthias & Schöttner, Anja, 2012. "Internal labor markets and worker rents," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 491-509.
    19. Christian Belzil & Michael Bognanno, 2008. "Promotions, Demotions, Halo Effects and the Earnings Dynamics of American executives," Post-Print halshs-00354270, HAL.
    20. Fix, Blair, 2019. "How the Rich Are Different: Hierarchical Power as the Basis of Income Size and Class," SocArXiv t8muy, Center for Open Science.
    21. Fix, Blair, 2018. "Capitalist income and hierarchical power: A gradient hypothesis," Working Papers on Capital as Power 2018/06, Capital As Power - Toward a New Cosmology of Capitalism.
    22. Fix, Blair, 2021. "Redistributing Income Through Hierarchy," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue 98, pages 58-86.
    23. Bayer, Christian & Kuhn, Moritz, 2018. "Which Ladder to Climb? Wages of Workers by Job, Plant, and Education," IZA Discussion Papers 11827, Institute of Labor Economics (IZA).
    24. Frederiksen, Anders & Lange, Fabian & Kriechel, Ben, 2017. "Subjective performance evaluations and employee careers," Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 408-429.
    25. Wang, Zhiling & Pastore, Francesco & Karreman, Bas & van Oort, Frank, 2021. "Do International Study Programmes Pay off for Local Students?," GLO Discussion Paper Series 839, Global Labor Organization (GLO).
    26. Verboven, Frank & Haeck, Catherine, 2010. "The Internal Economics of a University - Evidence from Personnel Data," CEPR Discussion Papers 7843, C.E.P.R. Discussion Papers.
    27. Kräkel, Matthias & Schöttner, Anja, 2008. "Relative Performance Pay, Bonuses, and Job-Promotion Tournaments," IZA Discussion Papers 3702, Institute of Labor Economics (IZA).
    28. Adrian Chadi & Laszlo Goerke, 2015. "Missing at Work – Sickness-related Absence and Subsequent Job Mobility," IAAEU Discussion Papers 201504, Institute of Labour Law and Industrial Relations in the European Union (IAAEU).
    29. Blair Fix, 2019. "Energy, hierarchy and the origin of inequality," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-32, April.
    30. Bayer, Christian & Kuhn, Moritz, 2018. "Which Ladder to Climb? Decomposing Life Cycle Wage Dynamics," CEPR Discussion Papers 13158, C.E.P.R. Discussion Papers.
    31. Kenta Kojima & Katsuya Takii, 2023. "Job Value: New Measure of Career Success Potential from a Job," OSIPP Discussion Paper 23E001, Osaka School of International Public Policy, Osaka University.
    32. van Dalen, H.P. & Henkens, K., 2015. "Why Demotion of Older Workers is a No-Go Area for Managers," Discussion Paper 2015-025, Tilburg University, Center for Economic Research.
    33. Kenta Kojima & Katsuya Takii, 2019. "Successful and Dead-end Jobs in a Bureaucracy:Evidence from Japan," OSIPP Discussion Paper 19E008, Osaka School of International Public Policy, Osaka University.
    34. Hennekam, Sophie & McKenna, Steve & Richardson, Julia & Ananthram, Subramaniam, 2019. "Perceptions of demotion decisions: A social capital perspective," European Management Journal, Elsevier, vol. 37(6), pages 730-741.
    35. Blair Fix, 2021. "How the rich are different: hierarchical power as the basis of income size and class," Journal of Computational Social Science, Springer, vol. 4(2), pages 403-454, November.
    36. Russo, Giovanni & Hassink, Wolter, 2011. "Multiple Glass Ceilings," IZA Discussion Papers 5828, Institute of Labor Economics (IZA).
    37. B. Kriechel & G. A. Pfann, 2013. "Workforce reorganization and the worker," Applied Economics, Taylor & Francis Journals, vol. 45(13), pages 1719-1729, May.
    38. Jeong-Yeon Lee & Daniel G. Bachrach & Denise M. Rousseau, 2015. "Internal Labor Markets, Firm-Specific Human Capital, and Heterogeneity Antecedents of Employee Idiosyncratic Deal Requests," Organization Science, INFORMS, vol. 26(3), pages 794-810, June.
    39. Frederiksen, Anders & Halliday, Timothy J. & Koch, Alexander K., 2010. "What Do We Work For? An Anatomy of Pre- and Post-Tax Earnings Growth," IZA Discussion Papers 5298, Institute of Labor Economics (IZA).
    40. Fix, Blair, 2018. "The Growth of US Top Income Inequality: A Hierarchical Redistribution Hypothesis," SocArXiv suqnk, Center for Open Science.
    41. Frederiksen, Anders & Halliday, Timothy J. & Koch, Alexander K., 2010. "Within- and Cross-Firm Mobility and Earnings Growth," IZA Discussion Papers 5163, Institute of Labor Economics (IZA).
    42. Fix, Blair, 2021. "Living the Good Life in a Non-Growth World. Investigating the Role of Hierarchy," Working Papers on Capital as Power 2021/02, Capital As Power - Toward a New Cosmology of Capitalism.
    43. Fix, Blair, 2019. "How the rich are different: Hierarchical power as the basis of income size and class," Working Papers on Capital as Power 2019/02 (v.2), Capital As Power - Toward a New Cosmology of Capitalism.
    44. Fix, Blair, 2017. "Evidence for a Power Theory of Personal Income Distribution," SocArXiv qgwus, Center for Open Science.
    45. Baptista, Rui & Lima, Francisco & Preto, Miguel Torres, 2012. "How former business owners fare in the labor market? Job assignment and earnings," European Economic Review, Elsevier, vol. 56(2), pages 263-276.
    46. Fix, Blair, 2017. "Energy and Institution Size," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 12(2), pages 1-22.
    47. Fix, Blair, 2018. "Capitalist Income and Hierarchical Power," SocArXiv u8epv, Center for Open Science.
    48. Giovanni Russo & Wolter Hassink, 2012. "Multiple Glass Ceilings," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 51(4), pages 892-915, October.
    49. Xin Jin, 2014. "The Signaling Role of Not Being Promoted: Theory and Evidence," Working Papers 0314, University of South Florida, Department of Economics.
    50. Fix, Blair, 2017. "Evidence for a Power Theory of Personal Income Distribution," Working Papers on Capital as Power 2017/03, Capital As Power - Toward a New Cosmology of Capitalism.
    51. Lu, Jingfeng & Wang, Zhewei & Zhou, Lixue, 2022. "Optimal favoritism in contests with identity-contingent prizes," Journal of Economic Behavior & Organization, Elsevier, vol. 196(C), pages 40-50.
    52. Gürtler, Oliver & Kräkel, Matthias, 2010. "Optimal tournament contracts for heterogeneous workers," Journal of Economic Behavior & Organization, Elsevier, vol. 75(2), pages 180-191, August.
    53. Fix, Blair, 2018. "The trouble with human capital theory," Working Papers on Capital as Power 2018/07, Capital As Power - Toward a New Cosmology of Capitalism.
    54. Kampkötter, Patrick & Sliwka, Dirk, 2015. "The Complementary Use of Experiments and Field Data to Evaluate Management Practices: The Case of Subjective Performance Evaluations," IZA Discussion Papers 9285, Institute of Labor Economics (IZA).
    55. Valerie Smeets & Michael Waldman & Frederic Warzynski, 2013. "Performance, Career Dynamics, and Span of Control," Economics Working Papers 2013-02, Department of Economics and Business Economics, Aarhus University.
    56. Chadi, Adrian & Goerke, Laszlo, 2018. "Missing at work – Sickness-related absence and subsequent career events," Journal of Economic Behavior & Organization, Elsevier, vol. 153(C), pages 153-176.
    57. Juho Jokinen & Jaakko Pehkonen, 2017. "Promotions and Earnings – Gender or Merit? Evidence from Longitudinal Personnel Data," Journal of Labor Research, Springer, vol. 38(3), pages 306-334, September.
    58. Jed DeVaro & Antti Kauhanen & Nelli Valmari, 2019. "Internal and External Hiring," ILR Review, Cornell University, ILR School, vol. 72(4), pages 981-1008, August.
    59. Sophie Hennekam & Steve Mckenna & Julia Richardson & Subramaniam Ananthram, 2019. "Perceptions of Demotion Decisions: A Social Capital Perspective," Post-Print hal-03232774, HAL.
    60. Blair Fix, 2018. "Hierarchy and the power-law income distribution tail," Journal of Computational Social Science, Springer, vol. 1(2), pages 471-491, September.
    61. Fix, Blair, 2019. "Energy, Hierarchy and the Origin of Inequality," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 14(4, April), pages 1-32.
    62. Fix, Blair, 2021. "Living the good life in a non-growth world: Investigating the role of hierarchy," SocArXiv wem9p, Center for Open Science.
    63. Fix, Blair, 2016. "Energy and Institution Size," Working Papers on Capital as Power 2016/04, Capital As Power - Toward a New Cosmology of Capitalism.
    64. Fix, Blair, 2019. "How the rich are different: Hierarchical power as the basis of income and class," Working Papers on Capital as Power 2019/02, Capital As Power - Toward a New Cosmology of Capitalism.
    65. Fix, Blair, 2018. "The growth of US top income inequality: A hierarchical redistribution hypothesis," Working Papers on Capital as Power 2018/05, Capital As Power - Toward a New Cosmology of Capitalism.
    66. Jin, Xin, 2014. "The Signaling Role of Note Being Promoted: Theory and Evidence," MPRA Paper 58484, University Library of Munich, Germany.
    67. Fix, Blair, 2018. "The Trouble With Human Capital Theory," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue 86, pages 15-32.
    68. Ben Kriechel & Gerard Pfann, 2006. "Learning to update your reservation wage while looking for a new job," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 5(2), pages 135-148, August.

  16. Pfann, Gerard A & Ben Kriechel, 2003. "Heterogeneity among Displaced Workers," Royal Economic Society Annual Conference 2003 164, Royal Economic Society.

    Cited by:

    1. Inés P. Murillo, 2011. "Human capital obsolescence: some evidence for Spain," International Journal of Manpower, Emerald Group Publishing Limited, vol. 32(4), pages 426-445, July.
    2. Ben Kriechel & Gerard Pfann, 2005. "The role of specific and general human capital after displacement," Education Economics, Taylor & Francis Journals, vol. 13(2), pages 223-236.
    3. Tom Broekel & Ron Boschma, 2009. "Knowledge networks in the Dutch aviation industry: the proximity paradox," Papers in Evolutionary Economic Geography (PEEG) 0915, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Oct 2009.
    4. David S. Kaplan & Raymond Robertson & Gabriel Martínez González, 2005. "What Happens to Wages after Displacement?," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 197-242, January.
    5. Machikita, Tomohiro, 2006. "Career Crisis? Impacts of Financial Shock on the Entry-Level Labor Market: Evidence from Thailand," IDE Discussion Papers 83, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    6. Cörvers, F. & Kriechel, B. & Montizaan, R.M., 2006. "Scenario-analyse van de vervangingsvraag tot 2010," ROA Working Paper 001, Maastricht University, Research Centre for Education and the Labour Market (ROA).
    7. de Grip, A., 2006. "Evaluating human capital obsolescence," ROA Working Paper 2E, Maastricht University, Research Centre for Education and the Labour Market (ROA).

  17. van Kranenburg, Hans & Palm, Franz C. & Pfann, Gerard A., 2002. "Survival in a Concentrating Industry: The Case of Daily Newspapers in the Netherlands," IZA Discussion Papers 565, Institute of Labor Economics (IZA).

    Cited by:

    1. Dongyoub Shin & Sunhyuk Kim & Kiwon Jung, 2016. "Intended rationality in exit decisions: The organizational field of rivals as a source of signal in segment exit decisions by Korean SI ventures, 2000–2006," Australian Journal of Management, Australian School of Business, vol. 41(2), pages 398-421, May.
    2. Dimara, Efthalia & Skuras, Dimitris & Tsekouras, Kostas & Tzelepis, Dimitris, 2008. "Productive efficiency and firm exit in the food sector," Food Policy, Elsevier, vol. 33(2), pages 185-196, April.
    3. Stefan Buehler & Christian Kaiser & Franz Jaeger, 2004. "Competition Policy and Exit Rates: Evidence from Switzerland," SOI - Working Papers 0405, Socioeconomic Institute - University of Zurich, revised Apr 2005.
    4. Stefan Buehler & Christian Kaiser & Franz Jaeger, 2012. "The geographic determinants of bankruptcy: evidence from Switzerland," Small Business Economics, Springer, vol. 39(1), pages 231-251, July.
    5. Karim Marini Thome & Janan Joslin Medeiros & Juciara Nunes de Alcântara, 2019. "Rescuing the Industry-Based Competition to Determine the Performance of Foreign Subsidiaries in the Brazilian Host Market," Global Business Review, International Management Institute, vol. 20(1), pages 13-24, February.
    6. Kim, Hyunchul & Park, Minsoo & Lee, Sangwoo, 2017. "Do vertically and horizontally integrated firms survive longer? The case of cable networks in Korea," Information Economics and Policy, Elsevier, vol. 39(C), pages 84-93.
    7. Stefan Buehler & Christian Kaiser & Franz Jaeger, 2007. "On the Geographic and Cultural Determinants of Bankruptcy," SOI - Working Papers 0701, Socioeconomic Institute - University of Zurich, revised Jun 2007.
    8. Aghaie, Sina & Javadinia, Amir & Mirahmad, Hooman & Janani, Saeed, 2022. "How incumbents’ response strategy impacts rivals’ market exit timing?," Journal of Business Research, Elsevier, vol. 146(C), pages 251-263.
    9. Rehnen, Lena Marie, 2016. "Exit strategies of loyalty programs," jbm - Journal of Business Market Management, Free University Berlin, Marketing Department, vol. 9(1), pages 564-596.

  18. Pfann, Gerard A. & van Kranenburg, Hans, 2002. "Tax Policy, Location Choices, and Market Structure," IZA Discussion Papers 499, Institute of Labor Economics (IZA).

    Cited by:

    1. Da Rin, M. & Di Giacomo, M. & Sembenelli, A., 2009. "Entrepreneurship, Firm Entry, and the Taxation of Corporate Income : Evidence from Europe (Revised version of DP 2008-65)," Discussion Paper 2009-61, Tilburg University, Center for Economic Research.
    2. Kesternich, Iris & Schumacher, Heiner & Van Biesebroeck, Johannes & Grant, Iris, 2020. "Market size and competition: A “hump-shaped” result," International Journal of Industrial Organization, Elsevier, vol. 70(C).
    3. Strauss-Kahn, Vanessa, 2005. "Firms' location decision across asymmetric countries and employment inequality," European Economic Review, Elsevier, vol. 49(2), pages 299-320, February.
    4. Noailly, Joëlle & Nahuis, Richard, 2010. "Entry and competition in the Dutch notary profession," International Review of Law and Economics, Elsevier, vol. 30(2), pages 178-185, June.

  19. Gerard A. Pfann, 2001. "Downsizing," Working Papers 0110, Harris School of Public Policy Studies, University of Chicago.

    Cited by:

    1. Hartmut Lehmann & Kaia Phillips & Jonathan Wadsworth, 2002. "The Incidence and Cost of Job Loss in a Transition Economy: Displaced Workers in Estonia, 1989-1999," CERT Discussion Papers 0209, Centre for Economic Reform and Transformation, Heriot Watt University.
    2. Sunde, Uwe, 2002. "Unobserved Bilateral Search on the Labor Market: A Theory-Based Correction for a Common Flaw in Empirical Matching Studies," IZA Discussion Papers 520, Institute of Labor Economics (IZA).

  20. Gerard A. Pfann & Daniel S. Hamermesh, 2001. "Two-Sided Learning, Labor Turnover and Displacement," NBER Working Papers 8273, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hamermesh, Daniel, 2008. "Fun with matched firm-employee data: Progress and road maps," Labour Economics, Elsevier, vol. 15(4), pages 662-672, August.
    2. Del Bono, Emilia & Weber, Andrea & Winter-Ebmer, Rudolf, 2008. "Clash of Career and Family. Fertility Decisions after Job Displacement," Economics Series 222, Institute for Advanced Studies.
    3. von Greiff, Jenny, 2009. "Displacement and self-employment entry," Labour Economics, Elsevier, vol. 16(5), pages 556-565, October.
    4. Fersterer, Josef & Pischke, Jörn-Steffen & Winter-Ebmer, Rudolf, 2007. "Returns to Apprenticeship Training in Austria: Evidence from Failed Firms," Economics Series 215, Institute for Advanced Studies.
    5. Seim, David, 2019. "On the incidence and effects of job displacement: Evidence from Sweden," Labour Economics, Elsevier, vol. 57(C), pages 131-145.
    6. Marcus Eliason & Donald Storrie, 2006. "Lasting or Latent Scars? Swedish Evidence on the Long-Term Effects of Job Displacement," Journal of Labor Economics, University of Chicago Press, vol. 24(4), pages 831-856, October.
    7. Nykvist, Jenny, 2008. "The Effects of Displacement on Self-employment Survival," Working Paper Series 764, Research Institute of Industrial Economics.
    8. Kenneth A. Counch, 2003. "Job Matching and Wage Growth in the U.S. and Germany," Working papers 2003-10, University of Connecticut, Department of Economics.
    9. Arja Jolkkonen & Pertti Koistinen & Arja Kurvinen & Liudmila Lipiäinen & Tapio Nummi & Pekka Virtanen, 2018. "Labour Market Attachment Following Major Workforce Downsizings: A Comparison of Displaced and Retained Workers," Work, Employment & Society, British Sociological Association, vol. 32(6), pages 992-1010, December.

  21. Boris F. Blumberg & Gerard A. Pfann, 2001. "Social Capital and the Uncertainty Reduction of Self-Employment," Working Papers 0112, Harris School of Public Policy Studies, University of Chicago.

    Cited by:

    1. Markus Kinateder, 2009. "Team Formation in a Network," Working Papers 2009.36, Fondazione Eni Enrico Mattei.
    2. Michelacci, Claudio & Silva, Olmo, 2006. "Why So Many Local Entrepreneurs?," CEPR Discussion Papers 5828, C.E.P.R. Discussion Papers.
    3. Kim, Byung-Yeon & Kang, Youngho, 2014. "Social capital and entrepreneurial activity: A pseudo-panel approach," Journal of Economic Behavior & Organization, Elsevier, vol. 97(C), pages 47-60.
    4. Letterie, W.A. & Blumberg, B.F., 2002. "Which business starters experience limited access to bank funds?," Research Memorandum 030, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).

  22. Dohmen, Thomas & Pfann, Gerard A., 2000. "Worker Separations in a Nonstationary Corporate Environment," IZA Discussion Papers 201, Institute of Labor Economics (IZA).

    Cited by:

    1. Gielen, Anne C. & van Ours, Jan C., 2006. "Age-specific cyclical effects in job reallocation and labor mobility," Labour Economics, Elsevier, vol. 13(4), pages 493-504, August.
    2. Thomas Dohmen & Hartmut Lehmann & Mark E. Schaffer, 2008. "Wage Policies of a Russian Firm and the Financial Crisis of 1998: Evidence from Personnel Data - 1997 to 2002," Discussion Papers of DIW Berlin 771, DIW Berlin, German Institute for Economic Research.
    3. Dohmen, Thomas J., 2004. "Performance, seniority, and wages: formal salary systems and individual earnings profiles," Labour Economics, Elsevier, vol. 11(6), pages 741-763, December.
    4. Boockmann, Bernhard & Fries, Jan & Göbel, Christian, 2018. "Specific measures for older employees and late career employment," The Journal of the Economics of Ageing, Elsevier, vol. 12(C), pages 159-174.
    5. Boockmann, Bernhard & Steffes, Susanne, 2005. "Individual and Plant-level Determinants of Job Durations in Germany," ZEW Discussion Papers 05-89, ZEW - Leibniz Centre for European Economic Research.
    6. Mok, Penny & Mason, Geoff & Stevens, Philip & Timmins, Jason, 2012. "A Good Worker is Hard to Find: Skills Shortages in New Zealand Firms," Occasional Papers 12/5, Ministry of Economic Development, New Zealand.
    7. Bernhard Boockmann & Susanne Steffes, 2010. "Workers, Firms, or Institutions: What Determines Job Duration for Male Employees in Germany?," ILR Review, Cornell University, ILR School, vol. 64(1), pages 109-127, October.
    8. Landeghem, Bert Van & Cörvers, Frank & Grip, Andries de, 2017. "Is there a rationale to contact the unemployed right from the start? Evidence from a natural field experiment," Labour Economics, Elsevier, vol. 45(C), pages 158-168.
    9. Heinz, Matthias & Drzensky, Frank, 2013. "The Hidden Costs of Downsizing," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79764, Verein für Socialpolitik / German Economic Association.
    10. V Maltezou & G Johnes, 2008. "It''S Been A Long Time: A Comparative Analysis Of Job Duration In Banking," Working Papers 596221, Lancaster University Management School, Economics Department.
    11. Boockmann, Bernhard & Steffes, Susanne, 2007. "Seniority and Job Stability: A Quantile Regression Approach Using Matched Employer-Employee Data," ZEW Discussion Papers 07-014, ZEW - Leibniz Centre for European Economic Research.
    12. Piekkola, Hannu, 2002. "Transferability of Human Capital and Job Switches," Discussion Papers 794, The Research Institute of the Finnish Economy.

  23. Pfann, Gerard, 2000. "Options to Quit," CEPR Discussion Papers 2563, C.E.P.R. Discussion Papers.

    Cited by:

    1. Pfann, Gerard A. & Hamermesh, Daniel S., 2001. "Two-Sided Learning, Labor Turnover and Worker Displacement," IZA Discussion Papers 308, Institute of Labor Economics (IZA).
    2. Dohmen, Thomas J. & Pfann, Gerard A., 2004. "Worker separations in a nonstationary corporate environment," European Economic Review, Elsevier, vol. 48(3), pages 645-663, June.
    3. Boris F. Blumberg & Gerard A. Pfann, 2001. "Social Capital and the Uncertainty Reduction of Self-Employment," Working Papers 0112, Harris School of Public Policy Studies, University of Chicago.
    4. Wossink, Ada & Kuminoff, Nicolai V., 2005. "Valuing the Option to Switch to Organic Farming: An Application to U.S. Corn and Soybeans," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24716, European Association of Agricultural Economists.
    5. Gielen, Anne C. & Tatsiramos, Konstantinos, 2012. "Quit behavior and the role of job protection," Labour Economics, Elsevier, vol. 19(4), pages 624-632.
    6. Gerard A. Pfann & Daniel S. Hamermesh, 2001. "Two-Sided Learning, Labor Turnover and Displacement," NBER Working Papers 8273, National Bureau of Economic Research, Inc.
    7. Pfann Gerard A. & Hamermesh Daniel S., 2008. "Two-Sided Learning with Applications to Labor Turnover and Worker Displacement," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 228(5-6), pages 423-445, October.
    8. Kuminoff, Nicolai V. & Wossink, Ada, 2005. "Valuing the Option to Convert from Conventional to Organic Farming," 2005 Annual meeting, July 24-27, Providence, RI 19531, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

  24. Gerard A. Pfann & Daniel S. Hamermesh, 2000. "Two-Sided Learning, Labor Turnover, and Worker Displacement," Working Papers 0021, Harris School of Public Policy Studies, University of Chicago.

    Cited by:

    1. Huttunen, Kristiina & Moen, Jarle & Salvanes, Kjell G., 2006. "How Destructive Is Creative Destruction? The Costs of Worker Displacement," IZA Discussion Papers 2316, Institute of Labor Economics (IZA).
    2. Del Bono, Emilia & Weber, Andrea & Winter-Ebmer, Rudolf, 2008. "Clash of Career and Family. Fertility Decisions after Job Displacement," Economics Series 222, Institute for Advanced Studies.
    3. von Greiff, Jenny, 2009. "Displacement and self-employment entry," Labour Economics, Elsevier, vol. 16(5), pages 556-565, October.
    4. Seim, David, 2019. "On the incidence and effects of job displacement: Evidence from Sweden," Labour Economics, Elsevier, vol. 57(C), pages 131-145.
    5. Kenneth A. Counch, 2003. "Job Matching and Wage Growth in the U.S. and Germany," Working papers 2003-10, University of Connecticut, Department of Economics.
    6. Tatsiramos, Konstantinos, 2010. "Job displacement and the transitions to re-employment and early retirement for non-employed older workers," European Economic Review, Elsevier, vol. 54(4), pages 517-535, May.
    7. Arja Jolkkonen & Pertti Koistinen & Arja Kurvinen & Liudmila Lipiäinen & Tapio Nummi & Pekka Virtanen, 2018. "Labour Market Attachment Following Major Workforce Downsizings: A Comparison of Displaced and Retained Workers," Work, Employment & Society, British Sociological Association, vol. 32(6), pages 992-1010, December.

  25. Ciska M. Bosman & Gerard Pfann & Jeff E. Biddle & Daniel S. Hamermesh, 1997. "Business Success and Businesses' Beauty Capital," NBER Working Papers 6083, National Bureau of Economic Research, Inc.

    Cited by:

    1. Feess, E. & Muehlheusser, G. & Walzl, M., 2004. "Unfair contests," Research Memorandum 048, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    2. Arunachalam, Raj & Shah, Manisha, 2010. "The Prostitute's Allure: Examining Returns to Beauty, Productivity and Discrimination," IZA Discussion Papers 5064, Institute of Labor Economics (IZA).
    3. Niclas Berggren & Henrik Jordahl & Panu Poutvaara, 2007. "The Looks of a Winner: Beauty, Gender, and Electoral Success," CESifo Working Paper Series 2002, CESifo.
    4. Babin, J. Jobu & Chauhan, Haritima S. & Kistler, Steven L., 2024. "When pretty hurts: Beauty premia and penalties in eSports," Journal of Economic Behavior & Organization, Elsevier, vol. 217(C), pages 726-741.
    5. Amy King & Andrew Leigh, 2009. "Beautiful Politicians," Kyklos, Wiley Blackwell, vol. 62(4), pages 579-593, November.
    6. Stephen Whyte & Robert C Brooks & Ho Fai Chan & Benno Torgler, 2021. "Sex differences in sexual attraction for aesthetics, resources and personality across age," PLOS ONE, Public Library of Science, vol. 16(5), pages 1-19, May.
    7. Werner Liebregts & Pourya Darnihamedani & Eric Postma & Martin Atzmueller, 2020. "The promise of social signal processing for research on decision-making in entrepreneurial contexts," Small Business Economics, Springer, vol. 55(3), pages 589-605, October.
    8. Wen-Chih Yeh & Chun-Chang Lee & Cheng Yu & Pei-Shan Wu & Jia-Yu Chang & Jiun-Hau Huang, 2020. "The Impact of the Physical Attractiveness and Intellectual Competence on Loyalty," Sustainability, MDPI, vol. 12(10), pages 1-23, May.
    9. Zhai, Shengying & Chen, Qihui & Zhao, Qiran, 2022. "Beauty and popularity in friendship networks—Evidence from migrant schools in China," Economics Letters, Elsevier, vol. 215(C).
    10. Ling, Leng & Luo, Danglun & SHE, Guoman, 2019. "Judging a book by its Cover: The influence of physical attractiveness on the promotion of regional leaders," Journal of Economic Behavior & Organization, Elsevier, vol. 158(C), pages 1-14.
    11. Jobu Babin, J. & Hussey, Andrew & Nikolsko-Rzhevskyy, Alex & Taylor, David A., 2020. "Beauty Premiums Among Academics," Economics of Education Review, Elsevier, vol. 78(C).
    12. John Cawley & Kara Joyner & Jeffery Sobal, 2006. "Size Matters," Rationality and Society, , vol. 18(1), pages 67-94, February.
    13. Christian Pfeifer, 2011. "Physical Attractiveness, Employment, and Earnings," Working Paper Series in Economics 201, University of Lüneburg, Institute of Economics.
    14. Liu, Xing (Michelle) & Sierminska, Eva, 2014. "Evaluating the Effect of Beauty on Labor Market Outcomes: A Review of the Literature," IZA Discussion Papers 8526, Institute of Labor Economics (IZA).
    15. GERGAUD, Olivier & GINSBURGH, Victor & LIVAT, Florine, 2012. "Success of celebrities: talent, intelligence or beauty?," LIDAM Reprints CORE 2498, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    16. Eva Sierminska & Karan Singhal, 2023. "Does it pay to be beautiful?," IZA World of Labor, Institute of Labor Economics (IZA), pages 161-161, March.
    17. Olivier Gergaud & Victor Ginsburgh & florine Livat, 2016. "Looking Good and Looking Smart," Working Papers ECARES ECARES 2016-28, ULB -- Universite Libre de Bruxelles.
    18. Eiji Yamamura & Ryohei Hayashi & Yoshiro Tsutsui & Fumio Ohtake, 2018. "Racers f attractive looks, popularity, and performance: How do speedboat racers react to fans f expectations?," Discussion Papers in Economics and Business 18-28, Osaka University, Graduate School of Economics.
    19. Price, Michael K., 2008. "Fund-raising success and a solicitor's beauty capital: Do blondes raise more funds?," Economics Letters, Elsevier, vol. 100(3), pages 351-354, September.
    20. Olivier Gergaud & Victor Ginsburgh, 2010. "Success: Talent, Intelligence or Beauty?," Working Papers ECARES ECARES 2010-046, ULB -- Universite Libre de Bruxelles.
    21. Kseniya Bortnikova, 2020. "Beauty and Productivity: A Meta-Analysis," Working Papers IES 2020/18, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Jun 2020.
    22. David Ong, 2022. "The college admissions contribution to the labor market beauty premium," Contemporary Economic Policy, Western Economic Association International, vol. 40(3), pages 491-512, July.
    23. Brown, Christian & Routon, P. Wesley, 2018. "On the distributional and evolutionary nature of the obesity wage penalty," Economics & Human Biology, Elsevier, vol. 28(C), pages 160-172.
    24. Parshakov, Petr & Gasparetto, Thadeu & Votintseva, Nadezhda & Shakina, Elena, 2024. "Beyond the pitch: Exploring the role of beauty in soccer player salaries," Journal of Economic Psychology, Elsevier, vol. 101(C).
    25. Elif S. Filiz, 2022. "Does it Payoff to be Blond in a Non-Blond Neighborhood? Eye Color, Hair Color, Ethnic Composition and Starting Wages," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 48(1), pages 122-146, January.
    26. Gregor Schwerhoff & Ottmar Edenhofer & Marc Fleurbaey, 2020. "Taxation Of Economic Rents," Journal of Economic Surveys, Wiley Blackwell, vol. 34(2), pages 398-423, April.
    27. Peng, Langchuan & Wang, Xi & Ying, Shanshan, 2020. "The heterogeneity of beauty premium in China: Evidence from CFPS," Economic Modelling, Elsevier, vol. 90(C), pages 386-396.
    28. Joseph T. Halford & Hung‐Chia S. Hsu, 2020. "Beauty is wealth: CEO attractiveness and firm value," The Financial Review, Eastern Finance Association, vol. 55(4), pages 529-556, November.
    29. Jenq, Christina & Pan, Jessica & Theseira, Walter, 2015. "Beauty, weight, and skin color in charitable giving," Journal of Economic Behavior & Organization, Elsevier, vol. 119(C), pages 234-253.
    30. Godoy, Ricardo & Reyes-Garcia, Victoria & Huanca, Tomas & Tanner, Susan & Leonard, William R. & McDade, Thomas & Vadez, Vincent, 2005. "Do smiles have a face value? Panel evidence from Amazonian Indians," Journal of Economic Psychology, Elsevier, vol. 26(4), pages 469-490, August.
    31. French, Michael T. & Robins, Philip K. & Homer, Jenny F. & Tapsell, Lauren M., 2009. "Effects of physical attractiveness, personality, and grooming on academic performance in high school," Labour Economics, Elsevier, vol. 16(4), pages 373-382, August.
    32. Hamermesh, Daniel S., 2006. "Changing looks and changing "discrimination": The beauty of economists," Economics Letters, Elsevier, vol. 93(3), pages 405-412, December.
    33. Dilmaghani, Maryam, 2020. "Beauty perks: Physical appearance, earnings, and fringe benefits," Economics & Human Biology, Elsevier, vol. 38(C).
    34. Markus Gehrsitz, 2014. "Looks and Labor: Do Attractive People Work More?," LABOUR, CEIS, vol. 28(3), pages 269-287, September.
    35. Subhani, Muhammad Imtiaz, 2012. "Physical Attractiveness Or Referrals: Which Matters The Most?," MPRA Paper 39105, University Library of Munich, Germany.
    36. Franklin G. Mixon & Steven B. Caudill, 2013. "Campus competition and co-ed allure: An institution-level analysis of collegiate dating markets," Economics Bulletin, AccessEcon, vol. 33(1), pages 442-453.
    37. Kimberly Scharf & Oleksandr Talavera & Linh Vi, 2023. "Gender Differences in Returns to Beauty," Discussion Papers 23-08, Department of Economics, University of Birmingham.
    38. Sean P. Salter & Franklin G. Mixon & Ernest W. King, 2012. "Broker beauty and boon: a study of physical attractiveness and its effect on real estate brokers’ income and productivity," Applied Financial Economics, Taylor & Francis Journals, vol. 22(10), pages 811-825, May.
    39. Ying Cao & Feng Guan & Zengquan Li & Yong George Yang, 2020. "Analysts’ Beauty and Performance," Management Science, INFORMS, vol. 66(9), pages 4315-4335, September.
    40. Seung Chan Ahn & Young Hoon Lee, 2011. "Beauty and Productivity:The Case of the Ladies Professional Golf Association," Working Papers 1119, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy), revised 2011.

  26. Hamermesh, Daniel S. & Pfann, Gerard Antonie, 1996. "Adjustment Costs in Factor Demand," CEPR Discussion Papers 1371, C.E.P.R. Discussion Papers.

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    1. Mathae, Thomas Y & Millard, Stephen & Rõõm, Tairi & Wintr, Ladislav & Wyszyński, Robert, 2019. "Shocks and labour cost adjustment: evidence from a survey of European firms," Bank of England working papers 791, Bank of England.
    2. Dai, Mi & Xu, Jianwei, 2017. "Firm-specific exchange rate shocks and employment adjustment: Evidence from China," Journal of International Economics, Elsevier, vol. 108(C), pages 54-66.
    3. Hirokazu Mizobata, 2014. "Differing factor adjustment costs across industries: Evidence from Japan," KIER Working Papers 885, Kyoto University, Institute of Economic Research.
    4. Bertrand-Cloodt, D.A.M. & Cörvers, F. & Kriechel, B. & van Thor, J.A.F., 2011. "Why do recent graduates enter into flexible jobs?," ROA Research Memorandum 010, Maastricht University, Research Centre for Education and the Labour Market (ROA).
    5. Athanasios Lapatinas, 2015. "Multinational versus National Firms on Labour Adjustment Costs: A Structural Approach," Journal of Labor Research, Springer, vol. 36(4), pages 427-441, December.
    6. Gonzaga, Gustavo, 2009. "Labor Adjustment Dynamics in Brazilian Manufacturing," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 29(2), December.
    7. Charlotta Groth & Hashmat Khan, 2010. "Investment Adjustment Costs: An Empirical Assessment," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(8), pages 1469-1494, December.
    8. Samuel Muehlemann & Harald Pfeifer, 2016. "The Structure of Hiring Costs in Germany: Evidence from Firm-Level Data," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 55(2), pages 193-218, April.
    9. Ferrando, Annalisa & Mulier, Klaas & Verschelde, Marijn & Cherchye, Laurens & De Rock, Bram, 2020. "Identifying financial constraints," Working Paper Series 2420, European Central Bank.
    10. Ott, Ingrid & Soretz, Susanne, 2008. "Growth strategies: Fiscal versus institutional policies," Economic Modelling, Elsevier, vol. 25(4), pages 605-622, July.
    11. Michael Funke & Yu-Fu Chen, 2004. "Exchange rate uncertainty and labour market adjustment under fixed and flexible exchange rates," Money Macro and Finance (MMF) Research Group Conference 2003 33, Money Macro and Finance Research Group.
    12. Vermeulen, Philip, 2006. "Employment stickiness in small manufacturing firms," Working Paper Series 640, European Central Bank.
    13. Galeotti, Marzio & Maccini, Louis J. & Schiantarelli, Fabio, 2005. "Inventories, employment and hours," Journal of Monetary Economics, Elsevier, vol. 52(3), pages 575-600, April.
    14. Konings, Jozef & Murphy, Alan, 2005. "Do Multinational Enterprises Relocate Employment to Low Wage Regions? Evidence from European Multinationals," Research Technical Papers 1/RT/05, Central Bank of Ireland.
    15. Oberhofer, Harald & Pfaffermayr, Michael, 2010. "Firm Growth in Multinational Corporate Groups," Working Papers in Economics 2010-7, University of Salzburg.
    16. Edlira Narazani, 2004. "Reflection on Microeconomic Adjustment Hazard Approach," Labor and Demography 0410011, University Library of Munich, Germany.
    17. Grund, Christian, 2004. "Severance Payments for Dismissed Employees in Germany," Bonn Econ Discussion Papers 4/2004, University of Bonn, Bonn Graduate School of Economics (BGSE).
    18. Robert G. King & Julia K. Thomas, 2005. "Partial Adjustment without Apology," Boston University - Department of Economics - Macroeconomics Working Papers Series WP2005-001, Boston University - Department of Economics.
    19. Carlsson, M. & Laseen, S., 2001. "Capital Adjustment Patterns in Swedish Manufacturing Firms: What Model do they Suggest?," Papers 2001-15, Uppsala - Working Paper Series.
    20. Cahill, Miles B., 2000. "Exploring the interaction between efficiency wages and labor market frictions," The Quarterly Review of Economics and Finance, Elsevier, vol. 40(1), pages 121-137.
    21. Matthias S. Hertweck, 2006. "Strategic Wage Bargaining, Labor Market Volatility, and Persistence," Economics Working Papers ECO2006/42, European University Institute.
    22. Amil Petrin & Jagadeesh Sivadasan, 2006. "Job Security Does Affect Economic Efficiency: Theory, A New Statistic, and Evidence from Chile," NBER Working Papers 12757, National Bureau of Economic Research, Inc.
    23. Cette Gilbert & Lecat Rémy & Ahmed Jiddou Ahmed Ould, 2016. "How do firms adjust production factors to the cycle?," The B.E. Journal of Macroeconomics, De Gruyter, vol. 16(2), pages 361-394, June.
    24. Marc Blatter & Samuel Muehlemann & Samuel Schenker & Stefan C. Wolter, 2012. "Hiring Costs for Skilled Workers and the Supply of Firm-Provided Training," Economics of Education Working Paper Series 0109, University of Zurich, Department of Business Administration (IBW).
    25. Francesca Di Iorio & Stefano Fachin, 2006. "Maximum Likelihood Estimation of Input Demand Models with Fixed Costs of Adjustment," Statistical Methods & Applications, Springer;Società Italiana di Statistica, vol. 15(1), pages 129-137, May.
    26. Thomas Dohmen & Hartmut Lehmann & Mark E. Schaffer, 2008. "Wage Policies of a Russian Firm and the Financial Crisis of 1998: Evidence from Personnel Data - 1997 to 2002," Discussion Papers of DIW Berlin 771, DIW Berlin, German Institute for Economic Research.
    27. Joop Hartog, 2002. "Desperately Seeking Structure: Sherwin Rosen (1938--2001)," Economic Journal, Royal Economic Society, vol. 112(483), pages 519-531, November.
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    29. Frank Corvërs & Danielle Bertrand-Cloodt & Jesper Van Thor & Ben Kriechel, 2011. "Flexible work among recent graduates," Investigaciones de Economía de la Educación volume 6, in: Antonio Caparrós Ruiz (ed.), Investigaciones de Economía de la Educación 6, edition 1, volume 6, chapter 39, pages 625-648, Asociación de Economía de la Educación.
    30. Olivier Godart & Holger Görg & David Greenaway, 2013. "Domestic multinationals, foreign affiliates, and labour demand elasticities," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 149(4), pages 611-630, December.
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    32. cipollone piero & Anita Guelfi, 2006. "The value of flexible contracts; evidence from an italian panel of industrial firms," Temi di discussione (Economic working papers) 583, Bank of Italy, Economic Research and International Relations Area.
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    36. Monique Ebell & Albrecht Ritschl, 2008. "Real Origins of the Great Depression: Monopoly Power, Unions and the American Business Cycle in the 1920s," CEP Discussion Papers dp0876, Centre for Economic Performance, LSE.
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    38. Charlotta Groth, 2005. "Estimating UK capital adjustment costs," Bank of England working papers 258, Bank of England.
    39. Berthold Herrendorf & Akos Valentinyi, "undated". "On the Stability of the Two-Sector Neoclassical Growth Model with Externalities," Working Papers 2167721, Department of Economics, W. P. Carey School of Business, Arizona State University.
    40. Guiying (Laura) Wu, 2013. "Investment Frictions and the Aggregate Output Loss in China," Economic Growth Centre Working Paper Series 1307, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.
    41. Goetz, Renan-Ulrich & Hritonenko, Natali & Yatsenko, Yuri, 2008. "The optimal economic lifetime of vintage capital in the presence of operating costs, technological progress, and learning," Journal of Economic Dynamics and Control, Elsevier, vol. 32(9), pages 3032-3053, September.
    42. Miguel A. Delgado & Jordi Jaumandreu & Ana Martín Marcos, 1999. "Input cost, capacity utilization and substitution in the short run," Spanish Economic Review, Springer;Spanish Economic Association, vol. 1(3), pages 239-262.
    43. Dohmen, Thomas J. & Pfann, Gerard A., 2004. "Worker separations in a nonstationary corporate environment," European Economic Review, Elsevier, vol. 48(3), pages 645-663, June.
    44. Wilko Letterie & Øivind Anti Nilsen, 2016. "Price Changes - Stickiness and Internal Coordination in Multiproduct Firms," CESifo Working Paper Series 5701, CESifo.
    45. Desbordes, Rodolphe & Wei, Shang-Jin, 2014. "The effects of financial development on foreign direct investment," Policy Research Working Paper Series 7065, The World Bank.
    46. David E. Wildasin, 2000. "Factor mobility and fiscal policy in the EU: policy issues and analytical approaches," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 15(31), pages 338-378.
    47. Takeuchi, Fumihide, 2011. "The role of production fragmentation in international business cycle synchronization in East Asia," Journal of Asian Economics, Elsevier, vol. 22(6), pages 441-459.
    48. Frederico Belo & Xiaoji Lin & Jun Li & Xiaofei Zhao, 2015. "Labor-Force Heterogeneity and Asset Prices: the Importance of Skilled Labor," NBER Working Papers 21487, National Bureau of Economic Research, Inc.
    49. Ejarque, Joao & Nilsen, Øivind Anti, 2008. "Identifying Adjustment Costs of Net and Gross Employment Changes," IZA Discussion Papers 3703, Institute of Labor Economics (IZA).
    50. Matsue, Toyoki, 2019. "Employment fluctuations in a dynamic model with long-term and short-term contracts," MPRA Paper 97545, University Library of Munich, Germany.
    51. Holger Görg & Michael Henry & Eric Strobl & Frank Walsh, 2009. "Multinational companies, backward linkages, and labour demand elasticities," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 42(1), pages 332-348, February.
    52. Bande, Roberto & Martín-Román, Ángel, 2018. "Regional differences in the Okun’s Relationship: New Evidence for Spain (1980-2015)," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 41, pages 137-165.
    53. Brown, James R. & Petersen, Bruce C., 2015. "Which investments do firms protect? Liquidity management and real adjustments when access to finance falls sharply," Journal of Financial Intermediation, Elsevier, vol. 24(4), pages 441-465.
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    61. Alison E. Weingarden, 2017. "Employment Dynamics in a Signaling Model with Workers' Incentives," Finance and Economics Discussion Series 2017-040, Board of Governors of the Federal Reserve System (U.S.).
    62. Ingrid Ott & Susanne Soretz, 2006. "Regional growth strategies: fiscal versus institutional governmental policies," Working Paper Series in Economics 30, University of Lüneburg, Institute of Economics.
    63. Alex Coad & Sven-Olov Daunfeldt & Daniel Halvarsson, 2022. "Amundsen versus Scott: are growth paths related to firm performance?," Small Business Economics, Springer, vol. 59(2), pages 593-610, August.
    64. Ebell, Monique & Ritschl, Albrecht, 2007. "Real origins of the Great Depression: Monopolistic competition, union power, and the American business cycle in the 1920s," SFB 649 Discussion Papers 2007-006, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    65. David Dupuis & Philippe Marcil, 2008. "The Effects of Recent Relative Price Movements on the Canadian Economy," Bank of Canada Review, Bank of Canada, vol. 2008(Autumn), pages 45-55.
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    71. Jean-Bernard Chatelain, 2003. "Structural Modelling of Financial Constraints on Investment: Where Do We Stand?," Post-Print halshs-00112522, HAL.
    72. Ding, Sai & Jiang, Wei & Li, Shengyu & Wei, Shang-Jin, 2024. "Fiscal policy volatility and capital misallocation: Evidence from China," European Economic Review, Elsevier, vol. 167(C).
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    1. Dankenbring, Henning, 1998. "Volatility estimates of the short term interest rate with an application to German data," SFB 373 Discussion Papers 1998,96, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
    2. Markus Leippold & Liuren Wu, 2002. "Asset Pricing Under The Quadratic Class," Finance 0207015, University Library of Munich, Germany.
    3. Wolfgang Lemke & Theofanis Archontakis, 2008. "Bond pricing when the short-term interest rate follows a threshold process," Quantitative Finance, Taylor & Francis Journals, vol. 8(8), pages 811-822.
    4. Laurent Ferrara & Dominique Guégan, 2006. "Detection of the Industrial Business Cycle using SETAR Models," Journal of Business Cycle Measurement and Analysis, OECD Publishing, Centre for International Research on Economic Tendency Surveys, vol. 2005(3), pages 353-371.
    5. Ang, Andrew & Bekaert, Geert, 2002. "Regime Switches in Interest Rates," Journal of Business & Economic Statistics, American Statistical Association, vol. 20(2), pages 163-182, April.
    6. Xiaoyang Zhuo & Olivier Menoukeu-Pamen, 2017. "Efficient Piecewise Trees For The Generalized Skew Vasicek Model With Discontinuous Drift," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 20(04), pages 1-34, June.
    7. Lubrano, Michel, 2004. "Modélisation bayésienne non linéaire du taux d’intérêt de court terme américain : l’aide des outils non paramétriques," L'Actualité Economique, Société Canadienne de Science Economique, vol. 80(2), pages 465-499, Juin-Sept.
    8. Chung-Ming Kuan & Christos Michalopoulos & Zhijie Xiao, 2017. "Quantile Regression on Quantile Ranges – A Threshold Approach," Journal of Time Series Analysis, Wiley Blackwell, vol. 38(1), pages 99-119, January.
    9. Dominique Guegan, 2005. "How can we Define the Concept of Long Memory? An Econometric Survey," Econometric Reviews, Taylor & Francis Journals, vol. 24(2), pages 113-149.
    10. Greg Tkacz, 2000. "Estimating the Fractional Order of Integration of Interest Rates Using a Wavelet OLS Estimator," Staff Working Papers 00-5, Bank of Canada.
    11. Benjamin M. Tabak, 2007. "Estimating the Fractional Order of Integration of Yields in the Brazilian Fixed Income Market," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 36(3), pages 231-246, November.
    12. Kirstin Hubrich & Timo Teräsvirta, 2013. "Thresholds and Smooth Transitions in Vector Autoregressive Models," CREATES Research Papers 2013-18, Department of Economics and Business Economics, Aarhus University.
    13. Dominique Guegan, 2011. "Contagion Between the Financial Sphere and the Real Economy. Parametric and non Parametric Tools: A Comparison," Post-Print halshs-00185373, HAL.
    14. De Gooijer, Jan G. & Vidiella-i-Anguera, Antoni, 2004. "Forecasting threshold cointegrated systems," International Journal of Forecasting, Elsevier, vol. 20(2), pages 237-253.
    15. Høg, Espen P. & Frederiksen, Per H., 2006. "The Fractional Ornstein-Uhlenbeck Process: Term Structure Theory and Application," Finance Research Group Working Papers F-2006-01, University of Aarhus, Aarhus School of Business, Department of Business Studies.
    16. Goldman Elena & Nam Jouahn & Tsurumi Hiroki & Wang Jun, 2013. "Regimes and long memory in realized volatility," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 17(5), pages 521-549, December.
    17. Gil-Alana, Luis A., 2004. "Long memory in the U.S. interest rate," International Review of Financial Analysis, Elsevier, vol. 13(3), pages 265-276.
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    19. Petropoulos, Fotios & Apiletti, Daniele & Assimakopoulos, Vassilios & Babai, Mohamed Zied & Barrow, Devon K. & Ben Taieb, Souhaib & Bergmeir, Christoph & Bessa, Ricardo J. & Bijak, Jakub & Boylan, Joh, 2022. "Forecasting: theory and practice," International Journal of Forecasting, Elsevier, vol. 38(3), pages 705-871.
      • Fotios Petropoulos & Daniele Apiletti & Vassilios Assimakopoulos & Mohamed Zied Babai & Devon K. Barrow & Souhaib Ben Taieb & Christoph Bergmeir & Ricardo J. Bessa & Jakub Bijak & John E. Boylan & Jet, 2020. "Forecasting: theory and practice," Papers 2012.03854, arXiv.org, revised Jan 2022.
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    25. Clements, Michael P. & Galvao, Ana Beatriz, 2004. "A comparison of tests of nonlinear cointegration with application to the predictability of US interest rates using the term structure," International Journal of Forecasting, Elsevier, vol. 20(2), pages 219-236.
    26. Singh, Tarlok, 2014. "On the regime-switching and asymmetric dynamics of economic growth in the OECD countries," Research in Economics, Elsevier, vol. 68(2), pages 169-192.
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    28. Fabrizio Iacone, 2009. "A Semiparametric Analysis of the Term Structure of the US Interest Rates," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 71(4), pages 475-490, August.
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    31. Barry E. Jones & Travis D. Nesmith, 2006. "Linear cointegration of nonlinear time series with an application to interest rate dynamics," Finance and Economics Discussion Series 2007-03, Board of Governors of the Federal Reserve System (U.S.).
    32. Hans Dewachter, 1996. "Modelling interest rate volatility: Regime switches and level links," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 132(2), pages 236-258, September.
    33. Zhu, Junjun & Xie, Shiyu, 2010. "Bayesian Analysis of a Triple-Threshold GARCH Model with Application in Chinese Stock Market," MPRA Paper 28235, University Library of Munich, Germany.
    34. Kenneth R. Szulczyk & Changyong Zhang, 2020. "Switching-regime regression for modeling and predicting a stock market return," Empirical Economics, Springer, vol. 59(5), pages 2385-2403, November.
    35. Luis Gil-Alana, 2003. "Strong dependence in the real interest rates," Applied Economics, Taylor & Francis Journals, vol. 35(2), pages 119-124.
    36. Al-Sulami, Dawlah & Jiang, Zhenyu & Lu, Zudi & Zhu, Jun, 2017. "Estimation for semiparametric nonlinear regression of irregularly located spatial time-series data," Econometrics and Statistics, Elsevier, vol. 2(C), pages 22-35.
    37. Gu, Rongbao & Chen, Xi & Li, Xinjie, 2014. "Chaos recognition and fractal analysis in the term structure of Shanghai Interbank Offered Rate," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 412(C), pages 101-112.
    38. Adrian Cantemir Calin & Tiberiu Diaconescu & Oana – Cristina Popovici, 2014. "Nonlinear Models for Economic Forecasting Applications: An Evolutionary Discussion," Computational Methods in Social Sciences (CMSS), "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences, vol. 2(1), pages 42-47, June.
    39. Dick van Dijk & Philip Hans Franses & Michael P. Clements & Jeremy Smith, 2003. "On SETAR non-linearity and forecasting," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 22(5), pages 359-375.
    40. Schotman, Peter C., 2001. "When units roots matter: excess volatility and excess smoothness of long-term interest rates," Journal of Empirical Finance, Elsevier, vol. 8(5), pages 669-694, December.
    41. Lim, Terence & Lo, Andrew W. & Merton, Robert C. & Scholes, Myron S., 2006. "The Derivatives Sourcebook," Foundations and Trends(R) in Finance, now publishers, vol. 1(5–6), pages 365-572, April.
    42. Teresa Corzo Santamaría & Javier Gómez Biscarri, 2004. "Nonparametric Estimation of Convergence of Interest Rates: Effects on Bond Pricing," Faculty Working Papers 03/04, School of Economics and Business Administration, University of Navarra.
    43. Muhammad Yasir & Sitara Afzal & Khalid Latif & Ghulam Mujtaba Chaudhary & Nazish Yameen Malik & Farhan Shahzad & Oh-young Song, 2020. "An Efficient Deep Learning Based Model to Predict Interest Rate Using Twitter Sentiment," Sustainability, MDPI, vol. 12(4), pages 1-16, February.
    44. LUBRANO, Michel, 2000. "Bayesian non-linear modellings of the short term US interest rate: the help of non-parametric tools," LIDAM Discussion Papers CORE 2000038, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    45. Dominique Guegan, 2011. "Contagion Between the Financial Sphere and the Real Economy. Parametric and non Parametric Tools: A Comparison," PSE-Ecole d'économie de Paris (Postprint) halshs-00185373, HAL.
    46. Tauchen, George E., 1995. "New Minimum Chi-Square Methods in Empirical Finance," Working Papers 95-42, Duke University, Department of Economics.
    47. John Barkoulas & Christopher F. Baum & Joseph Onochie, 1996. "Nonlinear Nonparametric Prediction of the 90-Day T-Bill Rate," Boston College Working Papers in Economics 320., Boston College Department of Economics.
    48. Breitung, Jörg, 1998. "Rank tests for nonlinear cointegration," SFB 373 Discussion Papers 1998,65, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
    49. Jin-Chuan Duan & Kris Jacobs, 2001. "Short and Long Memory in Equilibrium Interest Rate Dynamics," CIRANO Working Papers 2001s-22, CIRANO.
    50. Petros Dellaportas & David G. T. Denison & Chris Holmes, 2007. "Flexible Threshold Models for Modelling Interest Rate Volatility," Econometric Reviews, Taylor & Francis Journals, vol. 26(2-4), pages 419-437.
    51. Episcopos, Athanasios, 2000. "Further evidence on alternative continuous time models of the short-term interest rate," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 10(2), pages 199-212, June.
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    57. Clements, Michael P. & Galvão, Ana Beatriz C., 2003. "Testing The Expectations Theory Of The Term Structure Of Interest Rates In Threshold Models," Macroeconomic Dynamics, Cambridge University Press, vol. 7(4), pages 567-585, September.
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    60. Ruijun Bu & Ludovic Giet & Kaddour Hadri & Michel Lubrano, 2009. "Modelling Multivariate Interest Rates using Time-Varying Copulas and Reducible Non-Linear Stochastic Differential," Economics Working Papers 09-02, Queen's Management School, Queen's University Belfast.
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  28. Burgess, Simon M. & Pfann, Gerard A., 1993. "Asymmetric and time-varying error-correction: an application to labour demand in the UK," DES - Working Papers. Statistics and Econometrics. WS 3681, Universidad Carlos III de Madrid. Departamento de Estadística.

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    1. Mira, Santiago, 1995. "Nonlinear time series models: consistency and asymptotic normality of nls under new conditions," DES - Working Papers. Statistics and Econometrics. WS 6202, Universidad Carlos III de Madrid. Departamento de Estadística.

  29. Palm, Franz C. & Peeters, Marga & Pfann, Gerard A., 1993. "The dynamics of investment and labour demand: Theoretical issues and an application to the Dutch manufacturing industry," MPRA Paper 33042, University Library of Munich, Germany.

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    1. Peeters, Marga, 1998. "Persistence, asymmetries and interrelation in factor demand," MPRA Paper 23864, University Library of Munich, Germany.

  30. van Ours, J. C. & Pfann, G. & Ridder, G., 1993. "Labour Demand and Equilibrium Wage Formation," Other publications TiSEM 185853c8-e889-4b3c-8f62-5, Tilburg University, School of Economics and Management.

    Cited by:

    1. de la Croix, David & Palm, Franz C. & Pfann, Gerard A., 1996. "A dynamic contracting model for wages and employment in three European economies," European Economic Review, Elsevier, vol. 40(2), pages 429-448, February.
    2. Caporale, Guglielmo Maria & Gil-Alana, Luis A., 2004. "Non-linearities and fractional integration in the US unemployment rate," HWWA Discussion Papers 259, Hamburg Institute of International Economics (HWWA).
    3. Eckstein, Zwi & van den Berg, Gerard J, 2003. "Empircial labor search models: A survey," Working Paper Series 2003:18, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    4. Merz, Monika, 1997. "A market structure for an environment with heterogeneous job-matches, indivisible labor and persistent unemployment," Journal of Economic Dynamics and Control, Elsevier, vol. 21(4-5), pages 853-872, May.
    5. Eckstein, Zvi & van den Berg, Gerard J., 2003. "Empirical Labor Search: A Survey," IZA Discussion Papers 929, Institute of Labor Economics (IZA).
    6. van den Berg, Gerard J, 1999. "Empirical Inference with Equilibrium Search Models of the Labour Market," Economic Journal, Royal Economic Society, vol. 109(456), pages 283-306, June.
    7. Merz, Monika, 1995. "Search in the labor market and the real business cycle," Journal of Monetary Economics, Elsevier, vol. 36(2), pages 269-300, November.
    8. Brandon Lehr, 2014. "Efficiency Wages With Heterogeneous Agents," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 16(03), pages 1-23.
    9. Merz, Monika, 1999. "Heterogeneous job-matches and the cyclical behavior of labor turnover," Journal of Monetary Economics, Elsevier, vol. 43(1), pages 91-124, February.

  31. de la Croix, David & Palm, Franz & Pfann, Gerard, 1993. "A Dynamic Contracting Model for Wages and Employment in three European Economies," LIDAM Discussion Papers IRES 1993021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

    Cited by:

    1. Mattesini Fabrizio & Rossi Lorenza, 2007. "Productivity shocks and optimal monetary policy in a unionized labor market economy," wp.comunite 0023, Department of Communication, University of Teramo.
    2. Xavier Raurich & Hector Sala & Valeri Sorolla, 2009. "Labour market effects of public capital stock: evidence for the Spanish private sector," International Review of Applied Economics, Taylor & Francis Journals, vol. 23(1), pages 1-18.
    3. Guerrazzi, Marco, 2020. "Wage bargaining as an optimal control problem: A dynamic version of the efficient bargaining model," MPRA Paper 102012, University Library of Munich, Germany.
    4. Brecht Boone & Freddy Heylen, 2019. "Cross‐Country Differences in Unemployment: Fiscal Policy, Unions, and Household Preferences in General Equilibrium," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(3), pages 1270-1302, July.
    5. Ester Faia & Lorenza Rossi, 2010. "Unions Power, Collective Bargaining and Optimal Monetary Policy," Quaderni di Dipartimento 126, University of Pavia, Department of Economics and Quantitative Methods.
    6. Mattesini Fabrizio & Rossi Lorenza, 2007. "Optimal monetary policy in economies with dual labor markets," wp.comunite 0009, Department of Communication, University of Teramo.
    7. Croix de la, D. & Urbain, J.R.Y.J. & Palm, F.C., 1996. "Labor market dynamics when effort depends on wage growth comparisons," Research Memorandum 028, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    8. Modesto, Leonor & Thomas, Jonathan P., 2000. "An Analysis of Labour Adjustment Costs in Unionized Economies," IZA Discussion Papers 225, Institute of Labor Economics (IZA).
    9. de la Croix, David, 1998. "Growth and the relativity of satisfaction," Mathematical Social Sciences, Elsevier, vol. 36(2), pages 105-125, September.
    10. Marco Guerrazzi & Pier Giuseppe Giribone, 2021. "Dynamic wage bargaining and labour market fluctuations: the role of productivity shocks," SN Business & Economics, Springer, vol. 1(8), pages 1-20, August.
    11. Rossi, Lorenza & Mattesini, Fabrizio, 2007. "Productivity Shock and Optimal Monetary Policy in a Unionized Labor Market. Forthcoming: The Manchester School," MPRA Paper 8414, University Library of Munich, Germany, revised 2008.
    12. Falch, Torberg, 2001. "Collective bargaining in the public sector and the role of budget determination," European Journal of Political Economy, Elsevier, vol. 17(1), pages 75-99, March.
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    1. Philip Stevens, 2004. "Skill Shortages and Firms' Employment Behaviour," National Institute of Economic and Social Research (NIESR) Discussion Papers 240, National Institute of Economic and Social Research.
    2. Cohen Goldner, Sarit & Paserman, M. Daniele, 2004. "The Dynamic Impact of Immigration on Natives' Labor Market Outcomes: Evidence from Israel," IZA Discussion Papers 1315, Institute of Labor Economics (IZA).
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    4. Jacek Socha, 2005. "Popyt na pracę w średnich i dużych przedsiębiorstwach przemysłu przetwórczego w Polsce w latach 1996-2003," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 7-8, pages 65-84.
    5. Palm, Franz C. & Pfann, Gerard A., 1998. "Sources of asymmetry in production factor dynamics," Journal of Econometrics, Elsevier, vol. 82(2), pages 361-392, February.
    6. Orellano, Veronica I. F. & Picchetti, Paulo, 2005. "An Analysis of Quit and Dismissal Determinants between 1988 and 1999 using the Bivariate Probit Model," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 25(1), May.

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    Cited by:

    1. Mathae, Thomas Y & Millard, Stephen & Rõõm, Tairi & Wintr, Ladislav & Wyszyński, Robert, 2019. "Shocks and labour cost adjustment: evidence from a survey of European firms," Bank of England working papers 791, Bank of England.
    2. Dai, Mi & Xu, Jianwei, 2017. "Firm-specific exchange rate shocks and employment adjustment: Evidence from China," Journal of International Economics, Elsevier, vol. 108(C), pages 54-66.
    3. Vermeulen, Philip, 2006. "Employment stickiness in small manufacturing firms," Working Paper Series 640, European Central Bank.
    4. Amil Petrin & Jagadeesh Sivadasan, 2006. "Job Security Does Affect Economic Efficiency: Theory, A New Statistic, and Evidence from Chile," NBER Working Papers 12757, National Bureau of Economic Research, Inc.
    5. Charlotta Groth, 2005. "Estimating UK capital adjustment costs," Bank of England working papers 258, Bank of England.
    6. de la Croix, David & Palm, Franz C. & Pfann, Gerard A., 1996. "A dynamic contracting model for wages and employment in three European economies," European Economic Review, Elsevier, vol. 40(2), pages 429-448, February.
    7. Hjalmar Böhm & Michael Funke & Nikolaus A. Siegfried, 1999. "Discovering the Link between Uncertainty and Investment - Microeconometric Evidence from Germany," Quantitative Macroeconomics Working Papers 19906, Hamburg University, Department of Economics.
    8. Jordá, Óscar, 1997. "Improved testing and specification of smooth transition regression models," DES - Working Papers. Statistics and Econometrics. WS 6218, Universidad Carlos III de Madrid. Departamento de Estadística.
    9. Kenji Azetsu & Mototsugu Fukushige, 2009. "The estimation of asymmetric adjustment costs for the number of workers and working hours - empirical evidence from Japanese industry data," Applied Economics Letters, Taylor & Francis Journals, vol. 16(10), pages 995-998.
    10. Philip Stevens, 2004. "Skill Shortages and Firms' Employment Behaviour," National Institute of Economic and Social Research (NIESR) Discussion Papers 240, National Institute of Economic and Social Research.
    11. Takala, Kari & Virén, Matti, 1995. "Testing nonlinear dynamics, long memory and chaotic behaviour with macroeconomic data," Bank of Finland Research Discussion Papers 9/1995, Bank of Finland.
    12. Ricardo J. Caballero & Kevin N. Cowan & Eduardo M.R.A. Engel & Alejandro Micco, 2004. "Effective Labor Regulation and Microeconomic Flexibility," Cowles Foundation Discussion Papers 1480, Cowles Foundation for Research in Economics, Yale University, revised Jun 2010.
    13. Hassink, W.H.J. & Broersma, L., 1993. "Labour demand and job-to-job movement : macro-consequences as a result from micro-economic behaviour," Serie Research Memoranda 0001, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    14. Russell W. Cooper & Jonathan L. Willis, 2002. "The cost of labor adjustment : inferences from the gap," Research Working Paper RWP 02-11, Federal Reserve Bank of Kansas City.
    15. Werner Smolny, 1997. "Dynamic factor demand in a rationing model," Applied Economics, Taylor & Francis Journals, vol. 29(8), pages 1091-1101.
    16. Jung, Sven, 2013. "Employment Adjustment in German Firms," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79696, Verein für Socialpolitik / German Economic Association.
    17. Cabo, Francisco & Martín-Román, Ángel L., 2017. "Dynamic collective bargaining. Frictional effects under open-shop industrial relations," MPRA Paper 77562, University Library of Munich, Germany.
    18. Debrand, Thierry & Patrat, Nathalie, 2001. "Dynamic factor demands model: continuous time vs. discrete time," Economic Modelling, Elsevier, vol. 18(1), pages 133-157, January.
    19. Pfann, Gerard A., 2001. "Measuring and forecasting asymmetries in employment cycles with US labor market applications," International Journal of Forecasting, Elsevier, vol. 17(3), pages 433-445.
    20. Yann Nicolas & Claude Mathieu, 2006. "Coûts d'ajustement de la demande de travail : une comparaison entre la France et la République tchèque," Économie et Prévision, Programme National Persée, vol. 173(2), pages 135-152.
    21. B. Dormont & M. Pauchet, 2003. "Uncertainty and Recourse to Short-Term Contracts," THEMA Working Papers 2003-35, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    22. Karoly Fazekas & Jeno Koltay (ed.), 2003. "The Hungarian Labour Market 2003," The Hungarian Labour Market Yearbooks, Institute of Economics, Centre for Economic and Regional Studies, number 2003, December.
    23. Blatter, Marc & Muehlemann, Samuel & Schenker, Samuel, 2012. "The costs of hiring skilled workers," European Economic Review, Elsevier, vol. 56(1), pages 20-35.
    24. Victor Aguirregabiria & Cesar Alonso-Borrego, 2009. "Labor Contracts and Flexibility: Evidence from a Labor Market Reform in Spain," Working Papers tecipa-346, University of Toronto, Department of Economics.
    25. Francine Lafontaine & Jagadeesh Sivadasan, 2009. "Do Labor Market Rigidities Have Microeconomic Effects? Evidence from within the Firm," American Economic Journal: Applied Economics, American Economic Association, vol. 1(2), pages 88-127, April.
    26. Feve, Patrick, 2002. "Solving labor demand models under asymmetric adjustment costs," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 797-809, May.
    27. Arpaia, Alfonso & Pérez, Esther & Pichelmann, Karl, 2009. "Understanding labour income share dynamics in Europe," MPRA Paper 15649, University Library of Munich, Germany.
    28. Smolny, Werner, 1995. "Employment and unemployment in Germany: Some results from a macroeconomic disequilibrium model," Discussion Papers, Series II 247, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    29. Martin Bugeja & Meiting Lu & Yaowen Shan, 2015. "Cost Stickiness in Australia: Characteristics and Determinants," Australian Accounting Review, CPA Australia, vol. 25(3), pages 248-261, September.
    30. Richard W P Holt, 2000. "Non-Convexities, Asymmetries and Aggregate Investment Activity: Evidence for the UK," Edinburgh School of Economics Discussion Paper Series 57, Edinburgh School of Economics, University of Edinburgh.
    31. Melcangi, Davide, 2016. "Firms’ precautionary savings and employment during a credit crisis," LSE Research Online Documents on Economics 86237, London School of Economics and Political Science, LSE Library.
    32. Maican, Florin G., 2012. "From Boom to Bust and Back Again: A dynamic analysis of IT services," Working Papers in Economics 543, University of Gothenburg, Department of Economics.
    33. Robert A. Amano, 1995. "Empirical Evidence on the Cost of Adjustment and Dynamic Labour Demand," Macroeconomics 9505001, University Library of Munich, Germany.
    34. Luis Gil-Alana & Pedro Mendi, 2005. "Fractional integration in total factor productivity: evidence from US data," Applied Economics, Taylor & Francis Journals, vol. 37(12), pages 1369-1383.
    35. Alonso-Borrego, Cesar, 1998. "Demand for labour inputs and adjustment costs: evidence from Spanish manufacturing firms," Labour Economics, Elsevier, vol. 5(4), pages 475-497, December.
    36. H. Youn Kim & Junsoo Lee, 2001. "Quasi-fixed inputs and long-run equilibrium in production: a cointegration analysis," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(1), pages 41-57.
    37. Craighead, William D., 2009. "Real rigidities and real exchange rate volatility," Journal of International Money and Finance, Elsevier, vol. 28(1), pages 135-147, February.
    38. Benoît Pierre FREYENS, 2010. "Measuring firing costs: The case for direct methods," International Labour Review, International Labour Organization, vol. 149(3), pages 287-313, September.
    39. Dominique Goux & Eric Maurin & Marianne Pauchet, 1999. "Fixed-term Contracts and the Dynamics of Labour Demand," Working Papers 99-02, Center for Research in Economics and Statistics.
    40. Kenji Azetsu & Mototsugu Fukushige, 2005. "Job Security Laws and Structural Change in the Japanese Labor Market," Discussion Papers in Economics and Business 05-31, Osaka University, Graduate School of Economics.
    41. Oude Lansink, Alfons G.J.M. & Pietola, Kyosti, 2002. "Semi-Parametric Modeling of Investments in Energy Installations," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24813, European Association of Agricultural Economists.
    42. Robertson, Raymond & Dutkowsky, Donald H., 2002. "Labor adjustment costs in a destination country: the case of Mexico," Journal of Development Economics, Elsevier, vol. 67(1), pages 29-54, February.
    43. Max Stevenson & Maurice Peat, 2000. "Forecasting Australian Unemployment Rates," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 4(1), pages 41-55, March.
    44. Smolny, Werner, 1993. "Non-linear models of employment adjustment," Discussion Papers 8, University of Konstanz, Center for International Labor Economics (CILE).
    45. Peeters, Marga, 1998. "Persistence, asymmetries and interrelation in factor demand," MPRA Paper 23864, University Library of Munich, Germany.
    46. Van Vliet, Olaf & Nijboer, Henk, 2012. "Flexicurity in the European Union: flexibility for outsiders, security for insiders," MPRA Paper 37012, University Library of Munich, Germany.
    47. Lucia Foster, 1999. "Employment Adjustment Costs and Establishment Characteristics," Working Papers 99-15, Center for Economic Studies, U.S. Census Bureau.
    48. François Legendre, 1999. "Qu'a-t-on appris sur le lien salaire/ emploi grâce à l'économétrie ?," Cahiers d'Économie Politique, Programme National Persée, vol. 34(1), pages 221-255.
    49. Li, Tongxia & Lu, Chun & Chen, Zhihua, 2023. "The unintended consequence of collateral-based financing: Evidence from corporate cost behavior," Journal of Contemporary Accounting and Economics, Elsevier, vol. 19(1).
    50. Nguyen, Justin Hung, 2022. "How do labor adjustment costs affect corporate tax planning? Evidence from labor skills," International Review of Financial Analysis, Elsevier, vol. 83(C).
    51. Escribano, Alvaro & Pfann, Gerard A., 1998. "Non-linear error correction, asymmetric adjustment and cointegration," Economic Modelling, Elsevier, vol. 15(2), pages 197-216, April.
    52. Sandra Martina Leitner, 2008. "Interrelatedness, Dynamic Factor Adjustment Patterns and Firm Heterogeneity in Austrian Manufacturing," Economics working papers 2008-03, Department of Economics, Johannes Kepler University Linz, Austria.
    53. Palm, Franz C. & Pfann, Gerard A., 1998. "Sources of asymmetry in production factor dynamics," Journal of Econometrics, Elsevier, vol. 82(2), pages 361-392, February.
    54. Polder, Michael & Verick, Sher, 2004. "Dynamics of Labour and Capital Adjustment – A Comparison of Germany and the Netherlands," IZA Discussion Papers 1212, Institute of Labor Economics (IZA).
    55. Emin Dinlersoz & Henry Hyatt & Sang Nguyen, 2011. "Wage Dynamics along the Life-Cycle of Manufacturing Plants," Working Papers 11-24, Center for Economic Studies, U.S. Census Bureau, revised Mar 2013.
    56. Pedro M. Esperança, 2011. "Labor Adjustment Dynamics: An Application Of System Gmm," GEE Papers 0043, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Dec 2011.
    57. Daniel S. Hamermesh & Gerard Pfann, 1992. "Turnover and the Dynamics of Labor Demand," NBER Working Papers 4204, National Bureau of Economic Research, Inc.
    58. Emin Dinlersoz & Henry Hyatt & Sang Nguyen, 2013. "The plant life-cycle of the average wage of employees in U.S. manufacturing," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 2(1), pages 1-23, December.
    59. Cabrales, Antonio & Hopenhayn, Hugo A., 1997. "Labor-market flexibility and aggregate employment volatility," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 46(1), pages 189-228, June.
    60. Matti Vir, 2000. "Analysing long memory and asymmetries," The European Journal of Finance, Taylor & Francis Journals, vol. 6(2), pages 240-258.
    61. Yaman, F., 2016. "Structural Estimation of Labor Adjustment Costs," Working Papers 15/22, Department of Economics, City University London.
    62. Ghaly, Mohamed & Dang, Viet Anh & Stathopoulos, Konstantinos, 2020. "Institutional investors' horizons and corporate employment decisions," Journal of Corporate Finance, Elsevier, vol. 64(C).
    63. M. Concepcion Sanz, 1994. "Una estimación de la demanda de trabajo manual y no manual," Investigaciones Economicas, Fundación SEPI, vol. 18(2), pages 333-364, May.
    64. Chirinko, Robert S., 1995. "Nonconvexities, labor hoarding, technology shocks, and procyclical productivity a structural econometric analysis," Journal of Econometrics, Elsevier, vol. 66(1-2), pages 61-98.
    65. Jung, Sven, 2012. "Employment adjustment in German firms," Discussion Papers 80, Friedrich-Alexander University Erlangen-Nuremberg, Chair of Labour and Regional Economics.
    66. Sven Jung, 2014. "Employment adjustment in German firms [Betriebliche Beschäftigungsanpassung in Deutschland]," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 47(1), pages 83-106, March.
    67. Pfann, Gerard A., 1996. "Factor demand models with nonlinear short-run fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 20(1-3), pages 315-331.
    68. Francisco Cabo & Angel Martín-Román, 2019. "Dynamic collective bargaining and labor adjustment costs," Journal of Economics, Springer, vol. 126(2), pages 103-133, March.
    69. Soraya Roman, 2011. "Labour costs, informal economy and labor law reforms in Bolivia," Development Research Working Paper Series 08/2011, Institute for Advanced Development Studies.
    70. Collard, Fabrice & Fève, Patrick & Perraudin, Corinne, 1997. "Variable labor adjustment costs and aggregate non linear dynamics," CEPREMAP Working Papers (Couverture Orange) 9717, CEPREMAP.
    71. Takala, Kari & Virén, Matti, 1994. "Chaos and nonlinear dynamics: evidence from Finland," Bank of Finland Research Discussion Papers 11/1994, Bank of Finland.

  34. Franz C. PALM & Gerard A. PFANN, 1991. "Interrelation, Structural Changes and Cointegration in a Model for Manufacturing Demand in the Netherlands," Discussion Papers (REL - Recherches Economiques de Louvain) 1991031, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

    Cited by:

    1. Escribano, Alvaro & Pfann, Gerard A., 1998. "Non-linear error correction, asymmetric adjustment and cointegration," Economic Modelling, Elsevier, vol. 15(2), pages 197-216, April.

  35. Gerard A. Pfann, 1991. "Employment and business cycle asymmetries: a data based study," Discussion Paper / Institute for Empirical Macroeconomics 39, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. James H. Stock & Mark W. Watson, 1992. "A Procedure for Predicting Recessions With Leading Indicators: Econometric Issues and Recent Experience," NBER Working Papers 4014, National Bureau of Economic Research, Inc.
    2. D. Jones & Maurice Peat & Max Stevenson, 1996. "Does the Process of Spatial Aggregation of U.K. Unemplyment Rate Series Serve to Induce or Remove Evidence of Asymmetry in the Business Cycle," Working Paper Series 67, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
    3. Canova, Fabio, 1998. "Detrending and business cycle facts," Journal of Monetary Economics, Elsevier, vol. 41(3), pages 475-512, May.

  36. Pfann, Gerard, 1991. "Nonlinear error correction, asymmetric adjusment and cointegration," UC3M Working papers. Economics 2807, Universidad Carlos III de Madrid. Departamento de Economía.

    Cited by:

    1. Granger, C.W.J. (Clive William John), 1995. "Investigating the relationship between gold and silver prices," DES - Working Papers. Statistics and Econometrics. WS 4517, Universidad Carlos III de Madrid. Departamento de Estadística.

  37. Pfann, G.A. & Palm, F.C., 1990. "Asymetric Adjustment Costs In Labour Demand Models With Empirical Evidence For The Dutch An U.K. Manufacturing Sectors," Economics Series Working Papers 9987, University of Oxford, Department of Economics.

    Cited by:

    1. van Ours, J. C. & Ridder, G., 1995. "Job matching and job competition: Are lower educated workers at the back of job queues?," European Economic Review, Elsevier, vol. 39(9), pages 1717-1731, December.
    2. Ours, J.C. & Ridder, G., 1992. "Job competition by educational level," Serie Research Memoranda 0010, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.

Articles

  1. Muehlemann, Samuel & Dietrich, Hans & Pfann, Gerard & Pfeifer, Harald, 2022. "Supply Shocks in the Market for Apprenticeship Training," Economics of Education Review, Elsevier, vol. 86(C).
    See citations under working paper version above.
  2. Hamermesh, Daniel S. & Pfann, Gerard A., 2022. "The variability and volatility of sleep: An ARCHetypal behavior," Economics & Human Biology, Elsevier, vol. 47(C).
    See citations under working paper version above.
  3. Maria Zumbuehl & Thomas Dohmen & Gerard Pfann, 2021. "Parental Involvement and the Intergenerational Transmission of Economic Preferences, Attitudes and Personality Traits," The Economic Journal, Royal Economic Society, vol. 131(638), pages 2642-2670.
    See citations under working paper version above.
  4. Wilko Letterie & Gerard A. Pfann & Sher Verick, 2010. "On Lumpiness in the Replacement and Expansion of Capital," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(3), pages 263-281, June.

    Cited by:

    1. Magambo, Isaiah Hubert & Dikgang, Johane & Gelo, Dambala & Tregenna, Fiona, 2021. "Dynamic Technical and Environmental Efficiency Performance of Large Gold Mines in Developing Countries," EconStor Preprints 235859, ZBW - Leibniz Information Centre for Economics.
    2. Martin Falk & Sigbjorn Landazuri Tveteraas, 2020. "Modelling the wider effects of ski lift investments," Empirical Economics, Springer, vol. 59(1), pages 259-274, July.
    3. Richard Disney & Helen Miller & Thomas Pope, 2018. "Firm-level investment spikes and aggregate investment over the Great Recession," IFS Working Papers W18/03, Institute for Fiscal Studies.
    4. Kapelko, Magdalena & Oude Lansink, Alfons & Stefanou, Spiro E., 2015. "Analyzing the impact of investment spikes on dynamic productivity growth," Omega, Elsevier, vol. 54(C), pages 116-124.
    5. Silva, Elvira & Lansink, Alfons Oude & Stefanou, Spiro E., 2015. "The adjustment-cost model of the firm: Duality and productive efficiency," International Journal of Production Economics, Elsevier, vol. 168(C), pages 245-256.
    6. Klepsch, Catharina & Elsas, Ralf, 2016. "How and when do firms adjust their investments toward targets?," VfS Annual Conference 2016 (Augsburg): Demographic Change 145486, Verein für Socialpolitik / German Economic Association.
    7. Elvira Silva & Alfons Oude Lansink, 2013. "Dynamic Efficiency Measurement: A Directional Distance Function Approach," CEF.UP Working Papers 1307, Universidade do Porto, Faculdade de Economia do Porto.

  5. Furnée, Carina A. & Pfann, Gerard A., 2010. "Individual vulnerability and the nurturing state: The case of self-reported health and relative income," Social Science & Medicine, Elsevier, vol. 71(1), pages 125-133, July.

    Cited by:

    1. Daniel S. Hamermesh & Gerard A. Pfann, 2022. "The Variability and Volatility of Sleep: An ARCHetypal Behavior," NBER Working Papers 29658, National Bureau of Economic Research, Inc.
    2. Trani, Jean-Francois & Browne, Joyce & Kett, Maria & Bah, Osman & Morlai, Teddy & Bailey, Nicki & Groce, Nora, 2011. "Access to health care, reproductive health and disability: A large scale survey in Sierra Leone," Social Science & Medicine, Elsevier, vol. 73(10), pages 1477-1489.

  6. Pfann Gerard A. & Hamermesh Daniel S., 2008. "Two-Sided Learning with Applications to Labor Turnover and Worker Displacement," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 228(5-6), pages 423-445, October.

    Cited by:

    1. Henry Ohlsson & Donald Storrie, 2012. "Long‐term effects of public policy for displaced workers in Sweden," International Journal of Manpower, Emerald Group Publishing Limited, vol. 33(5), pages 514-538, August.
    2. Fackler, Daniel & Müller, Steffen & Stegmaier, Jens, 2016. "Plant-Level Employment Development before Collective Displacements: Comparing Mass Layoffs, Plant Closures, and Bankruptcies," VfS Annual Conference 2016 (Augsburg): Demographic Change 145607, Verein für Socialpolitik / German Economic Association.
    3. Gathmann, Christina & Huttunen, Kristiina & Jernström, Laura & Sääksvuori, Lauri & Stitzing, Robin, 2020. "In Sickness and in Health: Job Displacement and Health. Spillovers in Couples," Working Papers 133, VATT Institute for Economic Research.
    4. Lars-Fredrik Andersson & Therese Danley & Rikard Eriksson & Martin Henning, 2020. "Workers’ participation in regional economic change following establishment closure," Small Business Economics, Springer, vol. 54(2), pages 589-604, February.
    5. Daniel Fackler & Claus Schnabel & Joachim Wagner, 2012. "Lingering illness or sudden death? Pre-exit employment developments in German establishments," Working Paper Series in Economics 258, University of Lüneburg, Institute of Economics.
    6. Marcus Eliason, 2012. "Lost jobs, broken marriages," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(4), pages 1365-1397, October.
    7. Gathmann, Christina & Huttunen, Kristiina & Jenström, Laura & Saaksvuori, Lauri & Stitzing, Robin, 2020. "Job Loss and Health Spillovers in the Family," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224634, Verein für Socialpolitik / German Economic Association.

  7. Letterie, Wilko A. & Pfann, Gerard A., 2007. "Structural identification of high and low investment regimes," Journal of Monetary Economics, Elsevier, vol. 54(3), pages 797-819, April.

    Cited by:

    1. Verona, Fabio, 2013. "Investment dynamics with information costs," Bank of Finland Research Discussion Papers 18/2013, Bank of Finland.
    2. Jiao, Feng & Zhang, Chuanqian, 2022. "Lumpy investment and credit risk," Journal of Corporate Finance, Elsevier, vol. 77(C).
    3. Asphjell, Magne Krogstad & Letterie, Wilko & Nilsen, Øivind Anti & Pfann, Gerard A., 2010. "Sequentiality versus Simultaneity: Interrelated Factor Demand," Discussion Paper Series in Economics 29/2010, Norwegian School of Economics, Department of Economics.
    4. Del Boca, Alessandra & Galeotti, Marzio & Rota, Paola, 2008. "Non-convexities in the adjustment of different capital inputs: A firm-level investigation," European Economic Review, Elsevier, vol. 52(2), pages 315-337, February.
    5. Nilsen, Øivind Anti & Salvanes, Kjell G. & Schiantarelli, Fabio, 2003. "Employment Changes, the Structure of Adjustment Costs, and Plant Size," Working Papers in Economics 11/03, University of Bergen, Department of Economics.
    6. Konstantinos Drakos, 2011. "Extent and Intensity of Investment with Multiple Capital Goods," Post-Print hal-00724615, HAL.
    7. Julian Fennema & Wilko Letterie & Gerard Pfann, 2006. "The Timing of Investment Episodes in the Netherlands," De Economist, Springer, vol. 154(3), pages 373-388, September.
    8. Magambo, Isaiah Hubert & Dikgang, Johane & Gelo, Dambala & Tregenna, Fiona, 2021. "Dynamic Technical and Environmental Efficiency Performance of Large Gold Mines in Developing Countries," EconStor Preprints 235859, ZBW - Leibniz Information Centre for Economics.
    9. Richard Disney & Helen Miller & Thomas Pope, 2018. "Firm-level investment spikes and aggregate investment over the Great Recession," IFS Working Papers W18/03, Institute for Fiscal Studies.
    10. René Belderbos & Kyoji Fukao & Keiko Ito & Wilko Letterie, 2013. "Global Fixed Capital Investment by Multinational Firms," Economica, London School of Economics and Political Science, vol. 80(318), pages 274-299, April.
    11. Pham, Dai Van, 2024. "The effects of superstition on firms' investment behavior: Evidence from Vietnam, an irreligious country✰," Journal of Comparative Economics, Elsevier, vol. 52(1), pages 1-27.
    12. Øivind A. Nilsen & Arvid Raknerud & Marina Rybalka & Terje Skjerpen, 2009. "Lumpy investments, factor adjustments, and labour productivity," Oxford Economic Papers, Oxford University Press, vol. 61(1), pages 104-127, January.
    13. Sandra Martina Leitner, 2008. "Interrelatedness, Dynamic Factor Adjustment Patterns and Firm Heterogeneity in Austrian Manufacturing," Economics working papers 2008-03, Department of Economics, Johannes Kepler University Linz, Austria.
    14. Silva, Elvira & Lansink, Alfons Oude & Stefanou, Spiro E., 2015. "The adjustment-cost model of the firm: Duality and productive efficiency," International Journal of Production Economics, Elsevier, vol. 168(C), pages 245-256.
    15. Hobdari, Bersant & Jones, Derek C. & Mygind, Niels, 2009. "Capital investment and determinants of financial constraints in Estonia," Economic Systems, Elsevier, vol. 33(4), pages 344-359, December.
    16. Wilko Letterie & Gerard A. Pfann & Sher Verick, 2010. "On Lumpiness in the Replacement and Expansion of Capital," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(3), pages 263-281, June.

  8. Ben Kriechel & Gerard Pfann, 2006. "Learning to update your reservation wage while looking for a new job," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 5(2), pages 135-148, August.

    Cited by:

    1. Amelie Constant & Annabelle Krause & Ulf Rinne & Klaus F. Zimmermann, 2010. "Reservation Wages of First and Second Generation Migrants," Discussion Papers of DIW Berlin 1089, DIW Berlin, German Institute for Economic Research.
    2. Jones, Sam & Santos, Ricardo, 2022. "Can information correct optimistic wage expectations? Evidence from Mozambican job-seekers," Journal of Development Economics, Elsevier, vol. 159(C).

  9. Gerard A. Pfann, 2006. "Downsizing and Heterogeneous Firing Costs," The Review of Economics and Statistics, MIT Press, vol. 88(1), pages 158-170, February.

    Cited by:

    1. Pohlan, Laura, 2019. "Unemployment and social exclusion," Journal of Economic Behavior & Organization, Elsevier, vol. 164(C), pages 273-299.
    2. Hans Bloemen & Stefan Hochguertel & Jochem Zweerink, 2015. "Job Loss, Firm-Level Heterogeneity and Mortality: Evidence from Administrative Data," Tinbergen Institute Discussion Papers 15-127/V, Tinbergen Institute.
    3. Nicolae Stef, 2017. "Bankruptcy and the difficulty of firing," EconomiX Working Papers 2017-26, University of Paris Nanterre, EconomiX.
    4. Gielen, Anne C. & van Ours, Jan C., 2006. "Why Do Worker-Firm Matches Dissolve?," IZA Discussion Papers 2165, Institute of Labor Economics (IZA).
    5. Kuhn, Johan Moritz, 2007. "My Pay is Too Bad (I Quit). Your Pay is Too Good (You're Fired)," Working Papers 07-5, University of Aarhus, Aarhus School of Business, Department of Economics.
    6. Blatter, Marc & Muehlemann, Samuel & Schenker, Samuel, 2012. "The costs of hiring skilled workers," European Economic Review, Elsevier, vol. 56(1), pages 20-35.
    7. Schroeder, Christofer & Hviid, Simon Juul, 2024. "Real effects of credit supply shocks: evidence from Danish banks, firms, and workers," Working Paper Series 3001, European Central Bank.
    8. Nicolae Stef, 2017. "Bankruptcy and the difficulty of firing," Working Papers hal-04141644, HAL.
    9. B. Kriechel & G. A. Pfann, 2013. "Workforce reorganization and the worker," Applied Economics, Taylor & Francis Journals, vol. 45(13), pages 1719-1729, May.
    10. Pfann Gerard A. & Hamermesh Daniel S., 2008. "Two-Sided Learning with Applications to Labor Turnover and Worker Displacement," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 228(5-6), pages 423-445, October.
    11. Van Vliet, Olaf & Nijboer, Henk, 2012. "Flexicurity in the European Union: flexibility for outsiders, security for insiders," MPRA Paper 37012, University Library of Munich, Germany.
    12. Stef, Nicolae, 2018. "Bankruptcy and the difficulty of firing," International Review of Law and Economics, Elsevier, vol. 54(C), pages 85-94.
    13. Morten Henningsen & Torbjørn Hægeland, 2008. "Downsizing as a sorting device. Are low-productive workers more likely to leave downsizing firms?," Discussion Papers 543, Statistics Norway, Research Department.
    14. Per Skedinger, 2010. "Employment Protection Legislation," Books, Edward Elgar Publishing, number 13686.
    15. Kramarz, Francis & Michaud, Marie-Laure, 2010. "The shape of hiring and separation costs in France," Labour Economics, Elsevier, vol. 17(1), pages 27-37, January.

  10. Julian Fennema & Wilko Letterie & Gerard Pfann, 2006. "The Timing of Investment Episodes in the Netherlands," De Economist, Springer, vol. 154(3), pages 373-388, September.

    Cited by:

    1. Verona, Fabio, 2013. "Investment dynamics with information costs," Bank of Finland Research Discussion Papers 18/2013, Bank of Finland.
    2. Brouwer, E. & Poot, T. & van Montfort, K., 2007. "The Innovation Threshold," Discussion Paper 2007-008, Tilburg University, Tilburg Law and Economic Center.
    3. Sadat Reza & Paul Rilstone, 2016. "Semiparametric Efficiency Bounds and Efficient Estimation of Discrete Duration Models with Unspecified Hazard Rate," Econometric Reviews, Taylor & Francis Journals, vol. 35(5), pages 693-726, May.
    4. Sadat Reza & Paul Rilstone, 2019. "Smoothed Maximum Score Estimation of Discrete Duration Models," JRFM, MDPI, vol. 12(2), pages 1-16, April.

  11. Ben Kriechel & Gerard Pfann, 2005. "The role of specific and general human capital after displacement," Education Economics, Taylor & Francis Journals, vol. 13(2), pages 223-236.

    Cited by:

    1. Lamo, Ana & Messina, Julián & Wasmer, Etienne, 2011. "Are specific skills an obstacle to labor market adjustment?," Labour Economics, Elsevier, vol. 18(2), pages 240-256, April.
    2. Teixeira, Aurora A.C. & Tavares-Lehmann, Ana Teresa, 2014. "Human capital intensity in technology-based firms located in Portugal: Does foreign ownership matter?," Research Policy, Elsevier, vol. 43(4), pages 737-748.
    3. Ludivine Martin & Uyen T. Nguyen-Thi & Caroline Danièle Mothe, 2021. "Human resource practices, perceived employability and turnover intention: does age matter?," Post-Print hal-03190590, HAL.
    4. Beker, Victor A., 2012. "A case study on trade liberalization: Argentina in the 1990s," Economics Discussion Papers 2012-3, Kiel Institute for the World Economy (IfW Kiel).
    5. Garcia Martinez, Marian & Zouaghi, Ferdaous & Sanchez Garcia, Mercedes, 2017. "Capturing value from alliance portfolio diversity: The mediating role of R&D human capital in high and low tech industries," Technovation, Elsevier, vol. 59(C), pages 55-67.

  12. Hamermesh, Daniel S. & Pfann, Gerard A., 2005. "Time-use data in economics," European Economic Review, Elsevier, vol. 49(1), pages 1-7, January.

    Cited by:

    1. Barigozzi, Francesca & Di Timoteo, Cesare & Monfardini, Chiara, 2020. "Italian Families in the 21st Century: Gender Gaps in Time Use and Their Evolution," IZA Discussion Papers 13348, Institute of Labor Economics (IZA).
    2. Koulovatianos, Christos & Schrder, Carsten & Schmidt, Ulrich, 2009. "Nonmarket Household Time and the Cost of Children," Journal of Business & Economic Statistics, American Statistical Association, vol. 27, pages 42-51.
    3. Almudena Sevilla, 2014. "On the importance of time diary data and introduction to a special issue on time use research," Review of Economics of the Household, Springer, vol. 12(1), pages 1-6, March.
    4. Quentin Wodon & Elena Bardasi, 2006. "Measuring Time Poverty and Analyzing its Determinants: Concepts and Application to Guinea," Economics Bulletin, AccessEcon, vol. 10(12), pages 1-7.
    5. Moser, Anke, 2009. "Determinanten der Zeitverwendung für Ernährung in Deutschland: eine ökonometrische Analyse mit Zeitbudgetdaten," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 58(03), pages 1-12, April.
    6. Jara-Díaz, Sergio & Rosales-Salas, Jorge, 2017. "Beyond transport time: A review of time use modeling," Transportation Research Part A: Policy and Practice, Elsevier, vol. 97(C), pages 209-230.
    7. Gimenez-Nadal, José Ignacio & Sevilla, Almudena, 2012. "Trends in Time Allocation: A Cross-Country Analysis," IZA Discussion Papers 6709, Institute of Labor Economics (IZA).
    8. Pagán, Ricardo, 2013. "Time allocation of disabled individuals," Social Science & Medicine, Elsevier, vol. 84(C), pages 80-93.
    9. Chen Song & Chao Wei, 2015. "Travel Time Use Over Five Decades," Working Papers 2015-19, The George Washington University, Institute for International Economic Policy.
    10. Kirchberger, Martina, 2020. "Intra-household allocation of time and money across siblings," Journal of Economic Behavior & Organization, Elsevier, vol. 179(C), pages 361-377.
    11. McFarlane, Adian & Tedds, Lindsay, 2007. "Work, Rest, and Play: Exploring Trends in Time Allocation in Canada and the United States," MPRA Paper 4211, University Library of Munich, Germany.
    12. Mitchell Hoffman & Elizabeth Lyons, 2016. "A Time to Make Laws and a Time to Fundraise? On the Relation between Salaries and Time Use for State Politicians," NBER Working Papers 22571, National Bureau of Economic Research, Inc.

  13. Dohmen, Thomas J. & Pfann, Gerard A., 2004. "Worker separations in a nonstationary corporate environment," European Economic Review, Elsevier, vol. 48(3), pages 645-663, June.
    See citations under working paper version above.
  14. Thomas J. Dohmen & Ben Kriechel & Gerard A. Pfann, 2004. "Monkey bars and ladders: The importance of lateral and vertical job mobility in internal labor market careers," Journal of Population Economics, Springer;European Society for Population Economics, vol. 17(2), pages 193-228, June.
    See citations under working paper version above.
  15. Letterie, Wilko A. & Pfann, Gerard A. & Polder, J. Michael, 2004. "Factor adjustment spikes and interrelation: an empirical investigation," Economics Letters, Elsevier, vol. 85(2), pages 145-150, November.

    Cited by:

    1. Contreras, Juan, 2006. "An Empirical Model of Factor Adjustment Dynamics," MPRA Paper 9797, University Library of Munich, Germany.
    2. Asphjell, Magne Krogstad & Letterie, Wilko & Nilsen, Øivind Anti & Pfann, Gerard A., 2010. "Sequentiality versus Simultaneity: Interrelated Factor Demand," Discussion Paper Series in Economics 29/2010, Norwegian School of Economics, Department of Economics.
    3. Øivind A. Nilsen & Arvid Raknerud & Marina Rybalka & Terje Skjerpen, 2005. "Lumpy Investments, Factor Adjustments and Productivity," Discussion Papers 441, Statistics Norway, Research Department.
    4. Addison, John T. & Portugal, Pedro & Varejão, José, 2014. "Labour Demand Research: Towards a Better Match between Better Theory and Better Data," IZA Discussion Papers 8125, Institute of Labor Economics (IZA).
    5. Edlira Narazani, 2004. "Interrelationships Between Labor and Capital Adjustment Decisions," Labor and Demography 0412003, University Library of Munich, Germany.
    6. Ichiro Takahashi & Isamu Okada, 2020. "An artificial Wicksell–Keynes economy integrating short-run business cycle and long-term cumulative trend," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 15(4), pages 953-998, October.
    7. Domini, Giacomo & Grazzi, Marco & Moschella, Daniele & Treibich, Tania, 2021. "Threats and opportunities in the digital era: Automation spikes and employment dynamics," Research Policy, Elsevier, vol. 50(7).
    8. Renato Faccini & Salvador Ortigueira, 2008. "Labor-Market Volatility in the Search-and-Matching Model: The Role of Investment-Specific Technology Shocks," Economics Working Papers ECO2008/39, European University Institute.
    9. Ryan Michaels, 2013. "The Joint Dynamics of Capital and Employment at the Plant Level," 2013 Meeting Papers 1189, Society for Economic Dynamics.
    10. Fahr, Stephan & Yao, Fang, 2009. "When does lumpy factor adjustment matter for aggregate dynamics?," Working Paper Series 1016, European Central Bank.
    11. Yao, Fang, 2008. "Lumpy labor adjustment as a propagation mechanism of business cycles," SFB 649 Discussion Papers 2008-022, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    12. Juan M. Contreras, 2006. "An Empirical Model of Factor Adjustment Dynamics: Working Paper 2006-13," Working Papers 18250, Congressional Budget Office.
    13. Martin Falk & Sigbjorn Landazuri Tveteraas, 2020. "Modelling the wider effects of ski lift investments," Empirical Economics, Springer, vol. 59(1), pages 259-274, July.
    14. Adam Elbourne & Debby Lanser & Bert Smid & Martin Vromans, 2008. "Macroeconomic resilience in a DSGE model," CPB Discussion Paper 96, CPB Netherlands Bureau for Economic Policy Analysis.
    15. Temesgen Woldamanuel Wajebo, 2024. "Determinants of Labour Demand in Manufacturing Sector in Ethiopia," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 67(3), pages 751-782, September.
    16. Letterie, W.A. & Nilsen, O.A. & Pfann, G.A., 2008. "Interrelated factor demand with nonconvex adjustment costs: a note," Research Memorandum 002, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    17. Amundsen, Alexander, 2023. "Interaction effects in the adjustment cost function of firms," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    18. Giacomo Domini & Marco Grazzi & Daniele Moschella & Tania Treibich, 2021. "For Whom the Bell Tolls: The Firm-Level Effects of Automation on Wage and Gender Inequality," JRC Working Papers on Labour, Education and Technology 2021-15, Joint Research Centre.
    19. Tiedtke, Julian, 2024. "Unveiling the Job-Creating and Destroying Effects of Automation through the Lense of Heterogeneity," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302375, Verein für Socialpolitik / German Economic Association.
    20. Øivind A. Nilsen & Arvid Raknerud & Marina Rybalka & Terje Skjerpen, 2009. "Lumpy investments, factor adjustments, and labour productivity," Oxford Economic Papers, Oxford University Press, vol. 61(1), pages 104-127, January.
    21. Ichiro Takahashi, 2021. "An Artificial Wicksell—Keynes Macroeconomy," Springer Books, Springer, number 978-981-16-6839-5, June.
    22. Sandra Martina Leitner, 2008. "Interrelatedness, Dynamic Factor Adjustment Patterns and Firm Heterogeneity in Austrian Manufacturing," Economics working papers 2008-03, Department of Economics, Johannes Kepler University Linz, Austria.
    23. Polder, Michael & Verick, Sher, 2004. "Dynamics of Labour and Capital Adjustment – A Comparison of Germany and the Netherlands," IZA Discussion Papers 1212, Institute of Labor Economics (IZA).
    24. Lapatinas Athanasios, 2012. "On the Interrelation of Capital and Labor Adjustment Costs at the Firm Level," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 16(3), pages 1-36, September.
    25. Pinar Geylani, 2015. "Lumpy investments and capital adjustment patterns in the food manufacturing industry," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 39(3), pages 501-517, July.
    26. Yao, Fang, 2008. "Lumpy labor adjustment as a propagation mechanism of business cycles," SFB 649 Discussion Papers 2008-056, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.

  16. Pfann, Gerard A & van Kranenburg, Hans, 2003. "Tax Policy, Location Choices, and Market Structure," Journal of Law and Economics, University of Chicago Press, vol. 46(1), pages 61-83, April.
    See citations under working paper version above.
  17. H. Van Kranenburg & F. Palm & G. Pfann, 2002. "Exit and Survival in a Concentrating Industry: The Case of Daily Newspapers in the Netherlands," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 21(3), pages 283-303, November.

    Cited by:

    1. Dongyoub Shin & Sunhyuk Kim & Kiwon Jung, 2016. "Intended rationality in exit decisions: The organizational field of rivals as a source of signal in segment exit decisions by Korean SI ventures, 2000–2006," Australian Journal of Management, Australian School of Business, vol. 41(2), pages 398-421, May.
    2. Dimara, Efthalia & Skuras, Dimitris & Tsekouras, Kostas & Tzelepis, Dimitris, 2008. "Productive efficiency and firm exit in the food sector," Food Policy, Elsevier, vol. 33(2), pages 185-196, April.
    3. Stefan Buehler & Christian Kaiser & Franz Jaeger, 2004. "Competition Policy and Exit Rates: Evidence from Switzerland," SOI - Working Papers 0405, Socioeconomic Institute - University of Zurich, revised Apr 2005.
    4. Stefan Buehler & Christian Kaiser & Franz Jaeger, 2012. "The geographic determinants of bankruptcy: evidence from Switzerland," Small Business Economics, Springer, vol. 39(1), pages 231-251, July.
    5. Karim Marini Thome & Janan Joslin Medeiros & Juciara Nunes de Alcântara, 2019. "Rescuing the Industry-Based Competition to Determine the Performance of Foreign Subsidiaries in the Brazilian Host Market," Global Business Review, International Management Institute, vol. 20(1), pages 13-24, February.
    6. Kim, Hyunchul & Park, Minsoo & Lee, Sangwoo, 2017. "Do vertically and horizontally integrated firms survive longer? The case of cable networks in Korea," Information Economics and Policy, Elsevier, vol. 39(C), pages 84-93.
    7. Stefan Buehler & Christian Kaiser & Franz Jaeger, 2007. "On the Geographic and Cultural Determinants of Bankruptcy," SOI - Working Papers 0701, Socioeconomic Institute - University of Zurich, revised Jun 2007.
    8. Aghaie, Sina & Javadinia, Amir & Mirahmad, Hooman & Janani, Saeed, 2022. "How incumbents’ response strategy impacts rivals’ market exit timing?," Journal of Business Research, Elsevier, vol. 146(C), pages 251-263.
    9. Harald Strotmann, 2007. "Entrepreneurial Survival," Small Business Economics, Springer, vol. 28(1), pages 87-104, January.
    10. K.M. Thomé & A.B.P. Soares, 2015. "International market structure and competitiveness at the malted beer: from 2003 to 2012," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 61(4), pages 166-178.
    11. Rehnen, Lena Marie, 2016. "Exit strategies of loyalty programs," jbm - Journal of Business Market Management, Free University Berlin, Marketing Department, vol. 9(1), pages 564-596.

  18. Pfann, Gerard A., 2001. "Options to quit," Economics Letters, Elsevier, vol. 70(2), pages 259-265, February.
    See citations under working paper version above.
  19. Hoogstrate, Andre J & Palm, Franz C & Pfann, Gerard A, 2000. "Pooling in Dynamic Panel-Data Models: An Application to Forecasting GDP Growth Rates," Journal of Business & Economic Statistics, American Statistical Association, vol. 18(3), pages 274-283, July.

    Cited by:

    1. Hendry, David F. & Clements, Michael P., 2003. "Economic forecasting: some lessons from recent research," Economic Modelling, Elsevier, vol. 20(2), pages 301-329, March.
    2. Chen, Sophia & Ranciere, Romain, 2019. "Financial information and macroeconomic forecasts," International Journal of Forecasting, Elsevier, vol. 35(3), pages 1160-1174.
    3. Atak, Alev & Linton, Oliver B. & Xiao, Zhijie, 2010. "A Semiparametric Panel Model for Unbalanced Data with Application to Climate Change in the United Kingdom," MPRA Paper 22079, University Library of Munich, Germany.
    4. Juan Romero-Padilla, 2018. "A method for clustering panel data based on parameter homogeneity," Journal of Statistical and Econometric Methods, SCIENPRESS Ltd, vol. 7(3), pages 1-3.
    5. Gunter, Ulrich & Önder, Irem & Smeral, Egon, 2019. "Scientific value of econometric tourism demand studies," Annals of Tourism Research, Elsevier, vol. 78(C), pages 1-1.
    6. Ali Mehrabani & Aman Ullah, 2020. "Improved Average Estimation in Seemingly Unrelated Regressions," Econometrics, MDPI, vol. 8(2), pages 1-22, April.
    7. Akgun, Oguzhan & Pirotte, Alain & Urga, Giovanni, 2020. "Forecasting using heterogeneous panels with cross-sectional dependence," International Journal of Forecasting, Elsevier, vol. 36(4), pages 1211-1227.
    8. Galvao Jr., Antonio F., 2011. "Quantile regression for dynamic panel data with fixed effects," Journal of Econometrics, Elsevier, vol. 164(1), pages 142-157, September.
    9. Lima, Luiz Renato Regis de Oliveira & Issler, João Victor, 2007. "A panel data approach to economic forecasting: the bias-corrected average forecast," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 650, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    10. María Paula Bonel & Daniel J. Aromí, 2021. "Assessing GDP forecasts from autoregressive models: the impact of model complexity and training dataset," Asociación Argentina de Economía Política: Working Papers 4440, Asociación Argentina de Economía Política.
    11. Badi H. Baltagi, 2008. "Forecasting with panel data," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 27(2), pages 153-173.
    12. Angelos T. Vouldis & Dimitrios P. Louzis, 2018. "Leading indicators of non-performing loans in Greece: the information content of macro-, micro- and bank-specific variables," Empirical Economics, Springer, vol. 54(3), pages 1187-1214, May.
    13. Baltagi, Badi H., 2013. "Panel Data Forecasting," Handbook of Economic Forecasting, in: G. Elliott & C. Granger & A. Timmermann (ed.), Handbook of Economic Forecasting, edition 1, volume 2, chapter 0, pages 995-1024, Elsevier.
    14. Baltagi B-H & Bresson G. & Pirotte A., 2007. "Forecasting with Spatial Panel Data," Working Papers ERMES 0710, ERMES, University Paris 2.
    15. Marijn A. Bolhuis & Brett Rayner, 2020. "The More the Merrier? A Machine Learning Algorithm for Optimal Pooling of Panel Data," IMF Working Papers 2020/044, International Monetary Fund.
    16. Mehrabani, Ali, 2023. "Estimation and identification of latent group structures in panel data," Journal of Econometrics, Elsevier, vol. 235(2), pages 1464-1482.
    17. Longhi, Simonetta & Nijkamp, Peter, 2006. "Forecasting regional labor market developments under spatial heterogeneity and spatial correlation," Serie Research Memoranda 0015, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    18. Anna Gloria Billé & Alessio Tomelleri & Francesco Ravazzolo, 2021. "Forecasting Regional GDPs: a Comparison with Spatial Dynamic Panel Data Models," FBK-IRVAPP Working Papers 2021-02, Research Institute for the Evaluation of Public Policies (IRVAPP), Bruno Kessler Foundation.
    19. Sylvia Kaufmann, 2008. "Dating and forecasting turning points by Bayesian clustering with dynamic structure: A suggestion with an application to Austrian data," Working Papers 144, Oesterreichische Nationalbank (Austrian Central Bank).
    20. Simonetta Longhi & Peter Nijkamp, 2007. "Forecasting Regional Labor Market Developments under Spatial Autocorrelation," International Regional Science Review, , vol. 30(2), pages 100-119, April.
    21. Lin, Jilei & Eck, Daniel J., 2021. "Minimizing post-shock forecasting error through aggregation of outside information," International Journal of Forecasting, Elsevier, vol. 37(4), pages 1710-1727.
    22. Yang, Hu & Chen, Yu & Chen, Kedong & Wang, Haijun, 2024. "Temporal-spatial dependencies enhanced deep learning model for time series forecast," International Review of Financial Analysis, Elsevier, vol. 94(C).
    23. Sylvia Kaufmann, 2003. "The business cycle of European countries Bayesian clustering of country - individual IP growth series," Working Papers 83, Oesterreichische Nationalbank (Austrian Central Bank).
    24. Ioannis D. Vrontos & John Galakis & Ekaterini Panopoulou & Spyridon D. Vrontos, 2024. "Modeling the Economic Impact of the COVID-19 Pandemic Using Dynamic Panel Models and Seemingly Unrelated Regressions," Econometrics, MDPI, vol. 12(2), pages 1-26, June.
    25. Christian Brownlees & Vladislav Morozov, 2022. "Unit Averaging for Heterogeneous Panels," Papers 2210.14205, arXiv.org, revised May 2024.
    26. Zhang, Yishuo & Li, Gang & Muskat, Birgit & Law, Rob & Yang, Yating, 2020. "Group pooling for deep tourism demand forecasting," Annals of Tourism Research, Elsevier, vol. 82(C).
    27. Simonetta Longhi & Peter Nijkamp, 2005. "Forecasting Regional Labour Market Developments Under Spatial Heterogeneity and Spatial Autocorrelation," Tinbergen Institute Discussion Papers 05-041/3, Tinbergen Institute.

  20. Pfann, Gerard A. & Biddle, Jeff E. & Hamermesh, Daniel S. & Bosman, Ciska M., 2000. "Business success and businesses' beauty capital," Economics Letters, Elsevier, vol. 67(2), pages 201-207, May.
    See citations under working paper version above.
  21. Escribano, Alvaro & Pfann, Gerard A., 1998. "Non-linear error correction, asymmetric adjustment and cointegration," Economic Modelling, Elsevier, vol. 15(2), pages 197-216, April.

    Cited by:

    1. Costas Milas & Jesús Otero & Theodore Panagiotidis, 2004. "Forecasting the spot prices of various coffee types using linear and non-linear error correction models," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 9(3), pages 277-288.
    2. Holmes, Mark J. & Otero, Jesús, 2023. "Asymmetric behaviour and the 9-ending pricing of retail gasoline," Energy, Elsevier, vol. 263(PC).
    3. Mohamed E AROURI & Fredj JAWADI & Duc K NGUYEN, 2012. "Nonlinear modeling of oil and stock price dynamics: segmentation or time-varying integration?," Economics Bulletin, AccessEcon, vol. 32(3), pages 2481-2489.
    4. Holmes Mark J. & Panagiotidis Theodore, 2009. "Cointegration and Asymmetric Adjustment: Some New Evidence Concerning the Behavior of the U.S. Current Account," The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-25, June.
    5. Theodore Panagiotidis, 2010. "Market efficiency and the Euro: the case of the Athens stock exchange," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 37(3), pages 237-251, July.
    6. Torrado, María, 2020. "European gasoline markets: price transmission asymmetries in mean and variance," UC3M Working papers. Economics 29633, Universidad Carlos III de Madrid. Departamento de Economía.
    7. Steven Cook & Sean Holly, 2002. "A statistical analysis of regime switching under asymmetric error correction," Applied Economics Letters, Taylor & Francis Journals, vol. 9(4), pages 275-278.
    8. Luisa Corrado & Sean Holly, 2003. "Nonlinear Phillips Curves, Mixing Feedback Rules and the Distribution of Inflation and Output," CEIS Research Paper 37, Tor Vergata University, CEIS.
    9. David McMillan & Angela Black, 2001. "Nonlinear error correction in spot and forward exchange rates," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 137(4), pages 737-750, December.
    10. Fredj Jawadi & Slim Chaouachi, 2006. "Coûts de transaction et dynamique non-linéaire des prix des actifs financiers : une note théorique," Working Papers hal-04138865, HAL.
    11. Kenny, Geoff, 2003. "Asymmetric adjustment costs and the dynamics of housing supply," Economic Modelling, Elsevier, vol. 20(6), pages 1097-1111, December.
    12. Chung-Hua Shen & Chien-Fu Chen & Li-Hsueh Chen, 2007. "An empirical study of the asymmetric cointegration relationships among the Chinese stock markets," Applied Economics, Taylor & Francis Journals, vol. 39(11), pages 1433-1445.
    13. Steven Cook, 2001. "Regime switching and the forecasting bias of asymmetric error correction models," Applied Economics Letters, Taylor & Francis Journals, vol. 8(9), pages 569-571.
    14. Osama M Badr & Wajih Khallouli, 2019. "Testing for Shift-Contagion Vulnerability Among MENA Stock Markets During the Turkish Financial Crisis," Applied Economics and Finance, Redfame publishing, vol. 6(1), pages 53-63, January.
    15. David G. McMillan, 2004. "Non‐Linear Error Correction: Evidence for UK Interest Rates," Manchester School, University of Manchester, vol. 72(5), pages 626-640, September.
    16. Sei-Wan Kim & Moon Jung Choi, 2018. "Do Korean Exports Have Different Patterns over Different Regimes?: New Evidence from STAR-VECM," Working Papers 2018-30, Economic Research Institute, Bank of Korea.
    17. Frédérique Bec & Anders Rahbek, 2004. "Vector equilibrium correction models with non-linear discontinuous adjustments," Econometrics Journal, Royal Economic Society, vol. 7(2), pages 628-651, December.
    18. Henry de-Graft Acquah, 2013. "A Comparison of Bootstrap and Monte Carlo Approaches to Testing for Symmetry in the Granger and Lee Error Correction Model," Information Management and Business Review, AMH International, vol. 5(5), pages 240-244.
    19. Raghbendra Jha & Hari K. Nagarajan, 2002. "Noisy Vertical Markets," ASARC Working Papers 2002-04, The Australian National University, Australia South Asia Research Centre.
    20. Ana María Iregui & Jesús Otero, 2002. "On The Dynamics Of Unemployment In A Developing Economy: Colombia," Borradores de Economia 3298, Banco de la Republica.
    21. Baghli Mustapha, 2005. "Nonlinear Error-Correction Models for the FF/DM Rate," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 9(1), pages 1-43, March.
    22. Gabriella Legrenzi & Costas Milas, 2005. "Non-linear adjustments in fiscal policy," Keele Economics Research Papers KERP 2005/04, Centre for Economic Research, Keele University.
    23. Gabriella Deborah Legrenzi, 2009. "Asymmetric and Non-Linear Adjustments in Local Fiscal Policy," CESifo Working Paper Series 2550, CESifo.
    24. Escribano, Álvaro & Wang, Dandan, 2021. "Mixed random forest, cointegration, and forecasting gasoline prices," International Journal of Forecasting, Elsevier, vol. 37(4), pages 1442-1462.
    25. David McMillan, 2008. "Non-linear cointegration and adjustment: an asymmetric exponential smooth-transition model for US interest rates," Empirical Economics, Springer, vol. 35(3), pages 591-606, November.
    26. Paramsothy Silvapulle & Imad A. Moosa & Mervyn J. Silvapulle, 2004. "Asymmetry in Okun's law," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 37(2), pages 353-374, May.
    27. Steven Cook, 2000. "The alternative asymmetric behaviour of Australian consumers' expenditure," Applied Economics Letters, Taylor & Francis Journals, vol. 7(6), pages 349-352.
    28. Theo Panagiotidis & Mark J Holmes, 2005. "Sustainability and Asymmetric Adjustment: Some New Evidence Concerning Behaviour of the US Current Account," Money Macro and Finance (MMF) Research Group Conference 2005 29, Money Macro and Finance Research Group.
    29. Wajih Khallouli, 2008. "Shift-Contagion in Middle East and North Africa Stock Markets," Working Papers 420, Economic Research Forum, revised 06 Jan 2008.
    30. Anis Omri & Mohamed Frikha, 2011. "No Contagion, Only Interdependence During the US Sub-Primes Crisis," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 18(2), pages 286-298, December.
    31. Sean Holly & Paul Turner & Melvyn Weeks, 2003. "Asymmetric Adjustment and Bias in Estimation of an Equilibrium Relationship from a Cointegrating Regression," Computational Economics, Springer;Society for Computational Economics, vol. 21(3), pages 195-202, June.
    32. Jesus Otero & Manuel Ramirez, 2002. "On the determinants of the inflation rate in Colombia: a disequilibrium market approach," Borradores de Investigación 3296, Universidad del Rosario.

  22. Palm, Franz C. & Pfann, Gerard A., 1998. "Sources of asymmetry in production factor dynamics," Journal of Econometrics, Elsevier, vol. 82(2), pages 361-392, February.

    Cited by:

    1. Charlotta Groth, 2005. "Estimating UK capital adjustment costs," Bank of England working papers 258, Bank of England.
    2. Banker, Rajiv D. & Byzalov, Dmitri & Chen, Lei (Tony), 2013. "Employment protection legislation, adjustment costs and cross-country differences in cost behavior," Journal of Accounting and Economics, Elsevier, vol. 55(1), pages 111-127.
    3. Pfann, Gerard A., 2001. "Measuring and forecasting asymmetries in employment cycles with US labor market applications," International Journal of Forecasting, Elsevier, vol. 17(3), pages 433-445.
    4. Silva, Elvira & Magalhães, Manuela, 2023. "Environmental efficiency, irreversibility and the shadow price of emissions," European Journal of Operational Research, Elsevier, vol. 306(2), pages 955-967.
    5. Feve, Patrick, 2002. "Solving labor demand models under asymmetric adjustment costs," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 797-809, May.
    6. Clive Granger & Yongil Jeon, 2000. "Model evaluation based on residual analysis of two similar models," Applied Economics, Taylor & Francis Journals, vol. 32(7), pages 861-867.
    7. Julian Fennema, 2006. "An Alternative Estimation Framework for Firm-Level Capital Investment," CERT Discussion Papers 0602, Centre for Economic Reform and Transformation, Heriot Watt University.
    8. Wei Huang & Jaehyeon Kim, 2020. "Linguistically Induced Time Perception and Asymmetric Cost Behavior," Management International Review, Springer, vol. 60(5), pages 755-785, October.
    9. Sean Holly & Paul Turner & Melvyn Weeks, 2003. "Asymmetric Adjustment and Bias in Estimation of an Equilibrium Relationship from a Cointegrating Regression," Computational Economics, Springer;Society for Computational Economics, vol. 21(3), pages 195-202, June.

  23. Pfann, Gerard A., 1996. "Factor demand models with nonlinear short-run fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 20(1-3), pages 315-331.

    Cited by:

    1. Pfann, Gerard A., 2001. "Measuring and forecasting asymmetries in employment cycles with US labor market applications," International Journal of Forecasting, Elsevier, vol. 17(3), pages 433-445.
    2. Feve, Patrick, 2002. "Solving labor demand models under asymmetric adjustment costs," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 797-809, May.
    3. Kenny, Geoff, 2003. "Asymmetric adjustment costs and the dynamics of housing supply," Economic Modelling, Elsevier, vol. 20(6), pages 1097-1111, December.
    4. Oude Lansink, Alfons G.J.M. & Pietola, Kyosti, 2002. "Semi-Parametric Modeling of Investments in Energy Installations," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24813, European Association of Agricultural Economists.
    5. Escribano, Alvaro & Pfann, Gerard A., 1998. "Non-linear error correction, asymmetric adjustment and cointegration," Economic Modelling, Elsevier, vol. 15(2), pages 197-216, April.
    6. Palm, Franz C. & Pfann, Gerard A., 1998. "Sources of asymmetry in production factor dynamics," Journal of Econometrics, Elsevier, vol. 82(2), pages 361-392, February.
    7. Charles A. Fleischman, 1997. "The GMM parameter normalization puzzle," Finance and Economics Discussion Series 1997-43, Board of Governors of the Federal Reserve System (U.S.).

  24. Pfann, Gerard A. & Schotman, Peter C. & Tschernig, Rolf, 1996. "Nonlinear interest rate dynamics and implications for the term structure," Journal of Econometrics, Elsevier, vol. 74(1), pages 149-176, September.
    See citations under working paper version above.
  25. de la Croix, David & Palm, Franz C. & Pfann, Gerard A., 1996. "A dynamic contracting model for wages and employment in three European economies," European Economic Review, Elsevier, vol. 40(2), pages 429-448, February.
    See citations under working paper version above.
  26. Daniel S. Hamermesh & Gerard A. Pfann, 1996. "Adjustment Costs in Factor Demand," Journal of Economic Literature, American Economic Association, vol. 34(3), pages 1264-1292, September.
    See citations under working paper version above.
  27. Palm, Franz C & Peeters, H M M & Pfann, G A, 1993. "Adjustment Costs and Time-to-Build in Factor Demand in the U.S. Manufacturing Industry," Empirical Economics, Springer, vol. 18(4), pages 639-671.

    Cited by:

    1. Tsoukalas, John, 2009. "Time to Build Capital: Revisiting Investment-Cash Flow Sensitivities," MPRA Paper 25870, University Library of Munich, Germany.
    2. Jonathan N. Millar & Stephen D. Oliner & Daniel E. Sichel, 2012. "Time-to plan lags for commercial construction projects," Finance and Economics Discussion Series 2012-34, Board of Governors of the Federal Reserve System (U.S.).
    3. Palm, Franz C. & Peeters, Marga & Pfann, Gerard A., 1993. "The dynamics of investment and labour demand: Theoretical issues and an application to the Dutch manufacturing industry," MPRA Paper 33042, University Library of Munich, Germany.
    4. Charles Himmelberg & Alessandra del Boca & Marzio Galeotti & Paola Rota, 2005. "Investment and Time to Plan: A Comparison of Structures vs. Equipment in a Panel of Italian Firms," Working Papers 2005.54, Fondazione Eni Enrico Mattei.
    5. Peeters, Marga, 1998. "Persistence, asymmetries and interrelation in factor demand," MPRA Paper 23864, University Library of Munich, Germany.
    6. Kölling, Arnd, 1998. "Dynamische Arbeitsnachfrage und asymmetrisches Anpassungsverhalten in der Bundesrepublik Deutschland : eine Untersuchung mit Daten aus dem IAB-Betriebspanel (Dynamic labour demand and asymmetrical adj," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 31(4), pages 637-647.

  28. Kodde, D A & Palm, Franz C & Pfann, G A, 1990. "Asymptotic Least-Squares Estimation Efficiency Considerations and Applications," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 5(3), pages 229-243, July-Sept.

    Cited by:

    1. Nikolay Gospodinov & Raymond Kan & Cesare Robotti, 2017. "Too Good to Be True? Fallacies in Evaluating Risk Factor Models," FRB Atlanta Working Paper 2017-9, Federal Reserve Bank of Atlanta.
    2. Koebel, Bertrand M., 1996. "Tests of representative firm models: results for German manufacturing industries," ZEW Discussion Papers 96-16, ZEW - Leibniz Centre for European Economic Research.
    3. Preston, Ian & Laisney, François & Crawford, Ian A., 2002. "Estimation of Household Demand Systems with Theoretically Compatible Engel Curves and Unit Value Specifications," ZEW Discussion Papers 97-06 [rev.], ZEW - Leibniz Centre for European Economic Research.
    4. Charlier, Erwin & Melenberg, Bertrand & van Soest, Arthur, 2000. "Estimation of a censored regression panel data model using conditional moment restrictions efficiently," Journal of Econometrics, Elsevier, vol. 95(1), pages 25-56, March.
    5. Antonio Diez de los Rios, 2013. "A New Linear Estimator for Gaussian Dynamic Term Structure Models," Staff Working Papers 13-10, Bank of Canada.
    6. Adriaan S. Kalwij & Rob Alessie, 2007. "Permanent and transitory wages of British men, 1975-2001: year, age and cohort effects," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(6), pages 1063-1093.
    7. Frank Gerhard & Dieter Hess & Winfried Pohlmeier, 1999. "What a Difference a Day Makes: On the Common Market Microstructure of Trading Days," Finance 9904006, University Library of Munich, Germany.
    8. König, Heinz & Lechner, Michael, 1994. "Some recent developments in microeconometrics: A survey," ZEW Discussion Papers 94-12, ZEW - Leibniz Centre for European Economic Research.
    9. Glauben, Thomas & Henning, Christian H.C.A. & Henningsen, Arne, 2003. "Farm household decisions under various tax policies: Comparative static results and evidence from household data," FE Working Papers 0309, Christian-Albrechts-University of Kiel, Department of Food Economics and Consumption Studies.
    10. Théophile Azomahou, 2008. "Minimum distance estimation of the spatial panel autoregressive model," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 2(1), pages 49-83, April.
    11. Jörg Breitung & Michael Lechner, 1996. "Estimation de modèles non linéaires sur données de panel par la méthode des moments généralisés," Économie et Prévision, Programme National Persée, vol. 126(5), pages 191-203.
    12. Christian Gouriéroux & Alain Monfort, 2016. "Composite Indirect Inference with Application to Corporate Risks," Working Papers 2016-32, Center for Research in Economics and Statistics.
    13. Gagliardini, Patrick & Gouriéroux, Christian, 2017. "Double instrumental variable estimation of interaction models with big data," Journal of Econometrics, Elsevier, vol. 201(2), pages 176-197.
    14. Diez de los Rios, Antonio, 2015. "Optimal asymptotic least squares estimation in a singular set-up," Economics Letters, Elsevier, vol. 128(C), pages 83-86.
    15. Barnes, Michelle L. & Gumbau-Brisa, Fabià & Lie, Denny & Olivei, Giovanni P., 2011. "Estimation of Forward-Looking Relationships in Closed Form: An Application to the New Keynesian Phillips Curve," Working Papers 2011-05, University of Sydney, School of Economics.
    16. Charlier, E., 1997. "Equivalence Scales for the Former West Germany," Other publications TiSEM eed8f5af-8f69-445e-94df-d, Tilburg University, School of Economics and Management.
    17. Luis Gil-Alana & Pedro Mendi, 2005. "Fractional integration in total factor productivity: evidence from US data," Applied Economics, Taylor & Francis Journals, vol. 37(12), pages 1369-1383.
    18. Euwals, R.W., 1997. "Hours Constraints Within and Between Jobs," Discussion Paper 1997-64, Tilburg University, Center for Economic Research.
    19. Fase, M. M. G., 1995. "The demand for commercial bank loans and the lending rate," European Economic Review, Elsevier, vol. 39(1), pages 99-115, January.
    20. Dimova, Ralitza & Gang, Ira N. & Gbakou, Monnet Benoit Patrick & Hoffman, Daniel, 2011. "Can Economic Crises Be Good for Your Diet?," IZA Discussion Papers 5610, Institute of Labor Economics (IZA).
    21. Paola Palmitesta & Corrado Provasi, 2005. "Aggregation of Dependent Risks Using the Koehler–Symanowski Copula Function," Computational Economics, Springer;Society for Computational Economics, vol. 25(1), pages 189-205, February.
    22. Euwals, R.W., 1997. "Hours Constraints Within and Between Jobs," Other publications TiSEM 4b4cb3b9-af77-4952-92a8-1, Tilburg University, School of Economics and Management.
    23. Zhuan Pei & Yi Shen, 2016. "The Devil is in the Tails: Regression Discontinuity Design with Measurement Error in the Assignment Variable," Working Papers 606, Princeton University, Department of Economics, Industrial Relations Section..
    24. Ghysels, Eric & Guay, Alain, 2004. "Testing For Structural Change In The Presence Of Auxiliary Models," Econometric Theory, Cambridge University Press, vol. 20(6), pages 1168-1202, December.
    25. Théophile AZOMAHOU, 1999. "Estimation of Spatial Panel Data Models Using a Minimum Distance Estimator: Application," Working Papers of BETA 9912, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    26. Henning, Christian H.C.A. & Henningsen, Arne, 2005. "Modeling Price Response of Farm Households Under Imperfect Labor Markets: A Farm Household Approach to Family Farms in Poland," 94th Seminar, April 9-10, 2005, Ashford, UK 24431, European Association of Agricultural Economists.
    27. Ralitza Dimova & Ira N. Gang & Monnet B.P. Gbakou & Daniel Hoffman, 2014. "The Impact of Food and Economic Crises on Diet and Nutrition," Journal of Development Studies, Taylor & Francis Journals, vol. 50(12), pages 1687-1699, December.
    28. Martin Fukac & Adrian Pagan, 2006. "Issues in Adopting DSGE Models for Use in the Policy Process," Working Papers 2006/6, Czech National Bank.
    29. Chen, Qiu & Mirzabaev, Alisher, 2016. "Evaluating the Impacts of Traditional Biomass Energy Use on Agricultural Production in Sichuan, China," Discussion Papers 250213, University of Bonn, Center for Development Research (ZEF).
    30. Antonio Diez de los Rios, 2017. "Optimal Estimation of Multi-Country Gaussian Dynamic Term Structure Models Using Linear Regressions," Staff Working Papers 17-33, Bank of Canada.
    31. Adriaan Kalwij & Arie Kapteyn & Klaas Vos, 2010. "Retirement of Older Workers and Employment of the Young," De Economist, Springer, vol. 158(4), pages 341-359, November.
    32. Palm, Franz C. & Pfann, Gerard A., 1998. "Sources of asymmetry in production factor dynamics," Journal of Econometrics, Elsevier, vol. 82(2), pages 361-392, February.
    33. Theophile Azomahou, 1999. "Estimation of Spatial Panel-Data Models Using a Minimum-Distance Estimator," Computing in Economics and Finance 1999 1322, Society for Computational Economics.
    34. Pfann, Gerard A., 1996. "Factor demand models with nonlinear short-run fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 20(1-3), pages 315-331.

  29. Palm, Franz C & Pfann, Gerard A, 1990. "Interrelated Demand Rational Expectations Models for Two Types of Labour," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(1), pages 45-68, February.

    Cited by:

    1. Smolny, Werner, 1995. "Employment and unemployment in Germany: Some results from a macroeconomic disequilibrium model," Discussion Papers, Series II 247, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    2. Franz, Wolfgang & Smolny, Werner, 1993. "The measurement and interpretation of vacancy data and the dynamics of the Beveridge-curve: The German case," Discussion Papers 4, University of Konstanz, Center for International Labor Economics (CILE).
    3. Alonso-Borrego, Cesar, 1998. "Demand for labour inputs and adjustment costs: evidence from Spanish manufacturing firms," Labour Economics, Elsevier, vol. 5(4), pages 475-497, December.
    4. Smolny, Werner, 1990. "Macroeconomic consequences of international labour migration: Simulation experience from an econometric disequilibrium model," Discussion Papers, Series II 123, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    5. Robertson, Raymond & Dutkowsky, Donald H., 2002. "Labor adjustment costs in a destination country: the case of Mexico," Journal of Development Economics, Elsevier, vol. 67(1), pages 29-54, February.
    6. Smolny, Werner, 1993. "Non-linear models of employment adjustment," Discussion Papers 8, University of Konstanz, Center for International Labor Economics (CILE).
    7. Palm, Franz C. & Pfann, Gerard A., 1998. "Sources of asymmetry in production factor dynamics," Journal of Econometrics, Elsevier, vol. 82(2), pages 361-392, February.

  30. Pfann, Gerald A. & Verspagen, Bart, 1989. "The structure of adjustment costs for labour in the Dutch manufacturing sector," Economics Letters, Elsevier, vol. 29(4), pages 365-371.

    Cited by:

    1. Marc Blatter & Samuel Muehlemann & Samuel Schenker & Stefan C. Wolter, 2012. "Hiring Costs for Skilled Workers and the Supply of Firm-Provided Training," Economics of Education Working Paper Series 0109, University of Zurich, Department of Business Administration (IBW).
    2. Yu-Fu Chen & Michael Funke, 2008. "Product Market Competition, Investment and Employment-Abundant versus Job-Poor Growth: A Real Options Perspective," Quantitative Macroeconomics Working Papers 20802, Hamburg University, Department of Economics.
    3. Frederico Belo & Xiaoji Lin & Jun Li & Xiaofei Zhao, 2015. "Labor-Force Heterogeneity and Asset Prices: the Importance of Skilled Labor," NBER Working Papers 21487, National Bureau of Economic Research, Inc.
    4. Gerard A. Pfann, 1991. "Employment and business cycle asymmetries: a data based study," Discussion Paper / Institute for Empirical Macroeconomics 39, Federal Reserve Bank of Minneapolis.
    5. Devereux, Michael P. & Fuest, Clemens & Lockwood, Ben, 2015. "The taxation of foreign profits: A unified view," Journal of Public Economics, Elsevier, vol. 125(C), pages 83-97.
    6. Akram,Q.F. & Nymoen,R., 2001. "Employment behaviour in slack and tight labour markets," Memorandum 27/2001, Oslo University, Department of Economics.
    7. Asphjell, Magne Krogstad & Letterie, Wilko & Nilsen, Øivind Anti & Pfann, Gerard A., 2010. "Sequentiality versus Simultaneity: Interrelated Factor Demand," Discussion Paper Series in Economics 29/2010, Norwegian School of Economics, Department of Economics.
    8. Jung, Sven, 2013. "Employment Adjustment in German Firms," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79696, Verein für Socialpolitik / German Economic Association.
    9. Lubomir Lizal, 1999. "Does a Soft Macroeconomic Environment Induce Restructuring on the Microeconomic Level during the Transition Period? Evidence from Investment Behavior of Czech Enterprises," William Davidson Institute Working Papers Series 235, William Davidson Institute at the University of Michigan.
    10. Nilsen, Øivind Anti & Salvanes, Kjell G. & Schiantarelli, Fabio, 2003. "Employment Changes, the Structure of Adjustment Costs, and Plant Size," Working Papers in Economics 11/03, University of Bergen, Department of Economics.
    11. Pfann, Gerard A., 2001. "Measuring and forecasting asymmetries in employment cycles with US labor market applications," International Journal of Forecasting, Elsevier, vol. 17(3), pages 433-445.
    12. den Butter, Frank A. G. & van Gameren, Edwin, 2004. "Employment policy in a dynamic labour market: simulations using a multifirm flow model," Journal of Economic Behavior & Organization, Elsevier, vol. 53(2), pages 283-301, February.
    13. Yann Nicolas & Claude Mathieu, 2006. "Coûts d'ajustement de la demande de travail : une comparaison entre la France et la République tchèque," Économie et Prévision, Programme National Persée, vol. 173(2), pages 135-152.
    14. B. Dormont & M. Pauchet, 2003. "Uncertainty and Recourse to Short-Term Contracts," THEMA Working Papers 2003-35, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    15. Karoly Fazekas & Jeno Koltay (ed.), 2003. "The Hungarian Labour Market 2003," The Hungarian Labour Market Yearbooks, Institute of Economics, Centre for Economic and Regional Studies, number 2003, December.
    16. Blatter, Marc & Muehlemann, Samuel & Schenker, Samuel, 2012. "The costs of hiring skilled workers," European Economic Review, Elsevier, vol. 56(1), pages 20-35.
    17. Jan de Kok & Frank den Butter & Edwin van Gameren, 2001. "The Effects of transaction costs and human capital on firm size: a simulation model approach," Scales Research Reports H200011, EIM Business and Policy Research.
    18. Feve, Patrick, 2002. "Solving labor demand models under asymmetric adjustment costs," Journal of Economic Dynamics and Control, Elsevier, vol. 26(5), pages 797-809, May.
    19. Jeffrey R. Campbell & Jonas D. M. Fisher, 1996. "Aggregate employment fluctuations with microeconomic asymmetries," Discussion Paper / Institute for Empirical Macroeconomics 112, Federal Reserve Bank of Minneapolis.
    20. Nagengast, Arne J. & Bursian, Dirk & Menz, Jan-Oliver, 2021. "Dynamic pricing and exchange rate pass-through: Evidence from transaction-level data," European Economic Review, Elsevier, vol. 133(C).
    21. Oslington, Paul & Freyens, Ben, 2005. "Dismissal Costs and their Impact on Employment: Evidence from Australian Small and Medium Enterprises," MPRA Paper 961, University Library of Munich, Germany.
    22. Alexandre, Fernando & Bação, Pedro & Cerejeira, João & Portela, Miguel, 2010. "Employment, Exchange Rates and Labour Market Rigidity," IZA Discussion Papers 4891, Institute of Labor Economics (IZA).
    23. Butter, Frank A.G. den & Gameren, Edwin van & Kok, Jan M.P. de, 2001. "The effects of transaction costs and human capital on firm size : a simulation model approach," Serie Research Memoranda 0010, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    24. Kenny, Geoff, 2003. "Asymmetric adjustment costs and the dynamics of housing supply," Economic Modelling, Elsevier, vol. 20(6), pages 1097-1111, December.
    25. Cao, Zhangfan & Rees, William, 2020. "Do employee-friendly firms invest more efficiently? Evidence from labor investment efficiency," Journal of Corporate Finance, Elsevier, vol. 65(C).
    26. Alonso-Borrego, Cesar, 1998. "Demand for labour inputs and adjustment costs: evidence from Spanish manufacturing firms," Labour Economics, Elsevier, vol. 5(4), pages 475-497, December.
    27. Gorter, Cees & Hassink, Wolter H. J. & Russo, Giovanni, 2003. "The structure of hiring and labour market tightness," Economics Letters, Elsevier, vol. 80(1), pages 99-103, July.
    28. Daniel S. Hamermesh, 1993. "Labor Demand and the Source of Adjustment Costs," NBER Working Papers 4394, National Bureau of Economic Research, Inc.
    29. B. Kriechel & G. A. Pfann, 2013. "Workforce reorganization and the worker," Applied Economics, Taylor & Francis Journals, vol. 45(13), pages 1719-1729, May.
    30. Benoît Pierre FREYENS, 2010. "Measuring firing costs: The case for direct methods," International Labour Review, International Labour Organization, vol. 149(3), pages 287-313, September.
    31. Dominique Goux & Eric Maurin & Marianne Pauchet, 1999. "Fixed-term Contracts and the Dynamics of Labour Demand," Working Papers 99-02, Center for Research in Economics and Statistics.
    32. Modesto, Leonor & Thomas, Jonathan P., 2000. "An Analysis of Labour Adjustment Costs in Unionized Economies," IZA Discussion Papers 225, Institute of Labor Economics (IZA).
    33. Marcelo Ochoa, 2013. "Volatility, labor heterogeneity and asset prices," Finance and Economics Discussion Series 2013-71, Board of Governors of the Federal Reserve System (U.S.).
    34. John M. Abowd & Francis Kramarz, 1997. "The Costs of Hiring and Separations," NBER Working Papers 6110, National Bureau of Economic Research, Inc.
    35. Conyon, Martin J. & Girma, Sourafel & Thompson, Steve & Wright, Peter W., 2002. "The impact of mergers and acquisitions on company employment in the United Kingdom," European Economic Review, Elsevier, vol. 46(1), pages 31-49, January.
    36. Pfann Gerard A. & Hamermesh Daniel S., 2008. "Two-Sided Learning with Applications to Labor Turnover and Worker Displacement," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 228(5-6), pages 423-445, October.
    37. Robertson, Raymond & Dutkowsky, Donald H., 2002. "Labor adjustment costs in a destination country: the case of Mexico," Journal of Development Economics, Elsevier, vol. 67(1), pages 29-54, February.
    38. Lucia Foster, 1999. "Employment Adjustment Costs and Establishment Characteristics," Working Papers 99-15, Center for Economic Studies, U.S. Census Bureau.
    39. Julian Fennema, 2006. "An Alternative Estimation Framework for Firm-Level Capital Investment," CERT Discussion Papers 0602, Centre for Economic Reform and Transformation, Heriot Watt University.
    40. Butter, Frank A. G. den & Gameren, Edwin van, 2000. "Propagation of aggregate demand, firm specific and policy shocks in an economy with labour flows within and between firms of different sizes," Serie Research Memoranda 0019, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    41. Butter, F.A.G. den & Gameren, E. van, 1998. "Labour flows in a simulation model of the firm," Serie Research Memoranda 0034, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    42. Fan, Haichao & Lin, Faqin & Lin, Shu, 2020. "The hidden cost of trade liberalization: Input tariff shocks and worker health in China," Journal of International Economics, Elsevier, vol. 126(C).
    43. Pfann, Gerard, 1991. "Nonlinear error correction, asymmetric adjusment and cointegration," UC3M Working papers. Economics 2807, Universidad Carlos III de Madrid. Departamento de Economía.
    44. Escribano, Alvaro & Pfann, Gerard A., 1998. "Non-linear error correction, asymmetric adjustment and cointegration," Economic Modelling, Elsevier, vol. 15(2), pages 197-216, April.
    45. Palm, Franz C. & Pfann, Gerard A., 1998. "Sources of asymmetry in production factor dynamics," Journal of Econometrics, Elsevier, vol. 82(2), pages 361-392, February.
    46. Prskawetz, Alexia & Veliov, Vladimir M., 2007. "Age-specific dynamic labor demand and human capital investment," Journal of Economic Dynamics and Control, Elsevier, vol. 31(12), pages 3741-3777, December.
    47. Holly, Sean & Turner, Paul, 2001. "Inventory investment and asymmetric adjustment: Some evidence for the UK," International Journal of Production Economics, Elsevier, vol. 72(3), pages 251-260, August.
    48. Jung, Sven, 2012. "Employment adjustment in German firms," Discussion Papers 80, Friedrich-Alexander University Erlangen-Nuremberg, Chair of Labour and Regional Economics.
    49. Sven Jung, 2014. "Employment adjustment in German firms [Betriebliche Beschäftigungsanpassung in Deutschland]," Journal for Labour Market Research, Springer;Institute for Employment Research/ Institut für Arbeitsmarkt- und Berufsforschung (IAB), vol. 47(1), pages 83-106, March.
    50. Pfann, Gerard A., 1996. "Factor demand models with nonlinear short-run fluctuations," Journal of Economic Dynamics and Control, Elsevier, vol. 20(1-3), pages 315-331.
    51. Kölling, Arnd, 1998. "Dynamische Arbeitsnachfrage und asymmetrisches Anpassungsverhalten in der Bundesrepublik Deutschland : eine Untersuchung mit Daten aus dem IAB-Betriebspanel (Dynamic labour demand and asymmetrical adj," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 31(4), pages 637-647.
    52. Collard, Fabrice & Fève, Patrick & Perraudin, Corinne, 1997. "Variable labor adjustment costs and aggregate non linear dynamics," CEPREMAP Working Papers (Couverture Orange) 9717, CEPREMAP.

  31. Hartog, Joop & Pfann, Gerard & Ridder, Geert, 1989. "(Non-)graduation and the earnings function : An inquiry on self-selection," European Economic Review, Elsevier, vol. 33(7), pages 1373-1395, September.

    Cited by:

    1. Namkee Ahn & Arantza Ugidos, 1996. "The effects of the labor market situation of parents on children: inheritance of unemployment," Investigaciones Economicas, Fundación SEPI, vol. 20(1), pages 23-41, January.
    2. BONOMO, Marco & GARCIA, René, 1997. "Tests of Conditional Asset Pricing Models in the Brazilian Stock Market," Cahiers de recherche 9715, Universite de Montreal, Departement de sciences economiques.
    3. Dohmen, Thomas J., 2004. "Performance, seniority, and wages: formal salary systems and individual earnings profiles," Labour Economics, Elsevier, vol. 11(6), pages 741-763, December.
    4. Polachek, Solomon W., 2008. "Earnings Over the Life Cycle: The Mincer Earnings Function and Its Applications," Foundations and Trends(R) in Microeconomics, now publishers, vol. 4(3), pages 165-272, April.
    5. Averett, Susan L. & Burton, Mark L., 1996. "College attendance and the college wage premium: Differences by gender," Economics of Education Review, Elsevier, vol. 15(1), pages 37-49, February.
    6. MONTMARQUETTE, Claude & MAHSEREDJIAN, Sophie & HOULE, Rachel, 1995. "The Determinants of University Dropouts: a Sequential Decision Model with Selectivity Bias," Cahiers de recherche 9558, Universite de Montreal, Departement de sciences economiques.
    7. Montmarquette, Claude & Mahseredjian, Sophie & Houle, Rachel, 2001. "The determinants of university dropouts: a bivariate probability model with sample selection," Economics of Education Review, Elsevier, vol. 20(5), pages 475-484, October.
    8. Joop Hartog & Hessel Oosterbeek, 1997. "Health, Wealth and Happiness: Why pursue a Higher Education?," Tinbergen Institute Discussion Papers 97-034/3, Tinbergen Institute.
    9. MONTMARQUETTE, Claude & CANNINGS, Kathy & MAHSEREDJIAN, Sophie, 1997. "How do Young People Choose College Majors?," Cahiers de recherche 9719, Universite de Montreal, Departement de sciences economiques.
    10. Das, Tirthatanmoy & Polachek, Solomon, 2017. "Micro Foundations of Earnings Differences," IZA Discussion Papers 10922, Institute of Labor Economics (IZA).
    11. Ranasinghe, Athula & Hartog, Joop, 2002. "Free-education in Sri Lanka. Does it eliminate the family effect?," Economics of Education Review, Elsevier, vol. 21(6), pages 623-633, December.
    12. Solomon Polachek, 2003. "Mincer's Overtaking Point and the Life Cycle Earnings Distribution," Review of Economics of the Household, Springer, vol. 1(4), pages 273-304, December.
    13. Sampaio, Gustavo Ramos & Arends-Kuenning, Mary & Sampaio, Breno, 2013. "Entrance Test Scores and College Dropout: A Censored Quantile Regression Approach," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150324, Agricultural and Applied Economics Association.
    14. Hessel Oosterbeek & Dinand Webbink, 1997. "Is there a Hidden Technical Potential?," Tinbergen Institute Discussion Papers 97-012/3, Tinbergen Institute.
    15. Jan S. Cramer, 2012. "Childhood Intelligence and Adult Mortality, and the Role of Socio-Economic Status," Tinbergen Institute Discussion Papers 12-070/4, Tinbergen Institute, revised 30 Oct 2013.

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