Discussion papers (SAM): Recent submissions
Now showing items 421-440 of 658
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Testing the role of comparative advantage and learning in wage and promotion dynamics
(Discussion paper, Working paper, 2007-09)Can job assignment based on comparative advantage and learning about workers’ ability explain wage and promotion dynamics within firms? In order to answer this question the Gibbons and Waldman (1999b) model is estimated in ... -
The evolution of inequality in productivity and wages : panel data evidence
(Discussion paper, Working paper, 2007-08)There has been a remarkable increase in wage inequality in the US, UK and many other countries over the past three decades. A significant part of this appears to be within observable groups (such as age-gender-skill ... -
Resale price maintenance and restrictions on dominant firm and industry-wide adoption
(Discussion paper, Working paper, 2007-06)This paper examines the use of market-share thresholds (safe harbors) in evaluating whether a given vertical practice should be challenged. Such thresholds are typically found in vertical restraints guidelines (e.g., the ... -
International income inequality : measuring PPP bias by estimating Engel curves for food
(Discussion paper, Working paper, 2007-07)Price-adjusted data on national incomes applied in cross-country compar- isons are measured with bias. By studying micro data, this paper ¯nds that the bias is systematic: the poorer a country is, the more its income ... -
Job losses and child outcomes
(Discussion paper, Working paper, 2007-06)Based on matched employer-employee data from Norway, we analyze the effects of worker displacement in 1986-1987 on their children’s earnings in 1999-2001. Using displacement of fathers to indicate an exogenous earnings ... -
Making sense of market delineation with the aggregate diversion ratio
(Discussion paper, Working paper, 2007-08)The US Merger Guidelines leave it an open question if the SSNIP test requires an increase in one, some or all prices in the candidate market. We argue that the characteristics of the candidate market in question should be ... -
Pennies from heaven : using exogenous tax variation to identify effects of school resources on pupil achievement
(Discussion paper, Working paper, 2007-07)Despite important policy implications associated with the allocation of education resources, evidence on the effectiveness of school inputs remains inconclusive. In part, this is due to endogenous allocation; families ... -
Competition and waiting times in hospital markets
(Discussion paper, Working paper, 2007-03)This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that differ in (geographical) location and, potentially, waiting time, and two types of patients; high-benefit ... -
Economics for peace : Léon Walras and the Nobel peace prize
(Discussion paper, Working paper, 2007-02)This paper is an account of the history of the attempt by Léon Walras to be awarded the Nobel Peace Prize for 1906. It describes Walras’ moves to get three of his Lausanne colleagues to nominate him for the Prize, the ... -
The premium of marine protected areas : a simple valuation model
(Discussion paper, Working paper, 2007-03)Marine Protected Areas are considered as a hedging tool against some of the uncertainties that trouble many fisheries today. Such tools are always connected with a cost; a premium. An optimal harvest rule is combined ... -
Individual vessel quotas and unregulated species : the Norwegian blue whiting fishery
(Discussion paper, Working paper, 2007-01)This survey of the Norwegian purse seine fleet licensed to fish blue whiting focuses on the relationship between restricted fisheries, such as spring-spawning herring, North Sea herring, mackerel, and capelin, and ... -
Optimal monetary policy when agents are learning
(Discussion paper, Working paper, 2006-11)Most studies of optimal monetary policy under learning rely on optimality conditions derived for the case when agents have rational expectations. In this paper, we derive optimal monetary policy in an economy where the ... -
Optimal provision of public goods : implications for support to agriculture
(Discussion paper, Working paper, 2007-01)This paper summarises a decade of research by the authors into the welfare economic foundations for agricultural policy. The main results are that the levels of support to agriculture in rich developed countries like ... -
The challenge of a rising skill premium for redistributive taxation
(Discussion paper, Working paper, 2007-02)The present paper analyses the challenge to redistribution programs posed by an increase in skill premium. The increase in skill premium, which we observe in most OECD countries, affects taxation through its effect on ... -
Destructive competition : factionalism and rent-seeking in Iran
(Discussion paper, Working paper, 2007-02)Empirical evidence shows that countries richly endowed with natural resources like oil and gas tend to have slower economic growth than resource poor countries. The present paper focuses on rentseeking as a source of ... -
Price-dependent profit sharing as an escape from the Bertrand paradox
(Discussion paper, Working paper, 2007-01)In this paper we show how an upstream firm can prevent destructive competition among downstream firms producing relatively close substitutes by implementing a price-dependent profit-sharing rule. The rule also ensures ... -
Segregation, polarization and the protection of minorities : national versus regional policy
(Discussion paper, Working paper, 2007-02)We analyse the optimal level of political decision making, national or regional. The benefit of policy making at the regional level is that it allows for policy differentiation, which serves the interests of regional ... -
On the importance of openness for industrial policy design in developing countries
(Discussion paper, Working paper, 2007-01)How should industrial policy be designed in developing countries? Should industrial policy be targeted to a few sectors or be more broad based and therefore more neutral? Our theoretical analysis demonstrates that access ... -
On the political economy of resource rents in polarized societies
(Discussion paper, Working paper, 2007-01)The present paper analyses how resource rents may affect political outcomes in a polarized society, where groups hold conflicting views on economic policy. A politically dominant group decides whether or not to include ... -
Strategy and hegemony in chemical tanker shipping, 1960-1985
(Discussion paper, Working paper, 2007-01)The article analyses the emergence of chemical shipping as a specialized shipping segment. In the 1950s and 1960s seaborne transport of chemicals was characterized by rapid technological development. This was based on ...