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1 - 3 van 3 voor ending story
Microsoft Word - paper_flex_kramarz.doc
... includes approximately 1.5 millions individual cases.13 for each case, the starting date, the ending date, the motives for dismissal, and the court decision are recorded. an average case takes ... , if workers exert more effort on the job during a downturn (with an efficiency wage story in mind), the overall distribution of pw will shift upwards. third, economic conditions might also ...
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Microsoft Word - memo100
... positive value to certainty, a value that rises with the degree of risk aversion. this story holds in particular for the risk of becoming unemployed, which involves a potentially large financial ... have a higher or lower lifetime income under the system with saving accounts. hence, people ending up with a small balance due to frequent unemployment spells will suffer from lower lifetime ...
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memo228.pdf
... the higher labour income. the anticipated shock (period 30) when the technology shock nears its ending, the utilization feature provides a channel for the actuarial firms to reduce the serviced capital ... in the model. a negative technology shock works in exactly the opposite direction. reversing the story of a positive technology shock, it results in a larger negative response in the serviced ...
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