Browsing Max Weber Programme (MWP) by Subject "E20"

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Browsing Max Weber Programme (MWP) by Subject "E20"

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    Title: Labor force composition and aggregate fluctuations  Author(s): MENNUNI, Alessandro Date: 2013 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: Labor composition by gender, age, and education has undergone dramatic changes over the last forty years in the United States. Furthermore, the volatility of total market hours differs systematically between genders, age ...
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    Title: Financial Crisis Resolution  Author(s): SCHROTH, Josef Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: This paper studies a dynamic version of the Holmstrom-Tirole model of intermediated finance. I show that competitive equilibria are not constrained efficient when the economy experiences a financial crises. A pecuniary ...
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    Title: Competition, Human Capital and Income Inequality with Limited Commitment  Author(s): MARIMON, Ramon; QUADRINI, Vincenzo Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We develop a dynamic general equilibrium model with two-sided limited commitment to study how barriers to competition, such as restrictions to business start-up, affect the incentive to accumulate human capital. We show ...