Search results for "Gap"
showing 10 items of 1144 documents
Differences in Labor Supply to Monopsonistic Firms and the Gender Pay Gap: An Empirical Analysis Using Linked Employer‐Employee Data from Germany
2010
This article investigates women’s and men’s labor supply to the firm within a semistructural approach based on a dynamic model of new monopsony. Using methods of survival analysis and a large linked employer‐employee data set for Germany, we find that labor supply elasticities are small (1.9–3.7) and that women’s labor supply to the firm is less elastic than men’s (which is the reverse of gender differences in labor supply usually found at the level of the market). Our results imply that at least one‐third of the gender pay gap might be wage discrimination by profit‐maximizing monopsonistic employers.
Wage gaps between the public and private sectors in Spain
1998
Based on data from the last household survey conducted by the Instituto Nacional de Estatistica in 1990-91, we estimate separate earnings equations by sector of employment and gender, treating the choice of employment sector as endogenous. From these results we compare the wage-generating process for each subgroup and identify the returns to human capital of males and females working in the public and private sectors. We then decompose overall wage gaps by sector for each gender in order to measure the contribution of education and other personal characteristics to public-private wage differentials and to evaluate the economic surplus that public sector workers receive compared to their pri…
Gender Gaps in Wages and Mortality Rates During Industrialization: The Case of Alcoy, Spain, 1860–1914
2021
What role did women play during industrialization? Interpretations of this key period of our history have been largely based on analyses of male work. In this paper, we offer evidence of the effects of women's involvement in the industrialization process that took place in Alcoy, Spain, over the period 1860-1914. Using data drawn from historical sources, we analyse labour-force participation rates and wage series for women and men in the textile industry and three other sectors of activity (education, health and low-skill services). We then connect the gender pay gaps with life expectancy indicators. Our results suggest that women's contribution to household income might have favoured the f…
Testing for Asymmetric Information in Insurance Markets: A Multivariate Ordered Regression Approach
2016
The positive correlation (PC) test is the standard procedure used in the empirical literature to detect the existence of asymmetric information in insurance markets. This article describes a new tool to implement an extension of the PC test based on a new family of regression models, the multivariate ordered logit, designed to study how the joint distribution of two or more ordered response variables depends on exogenous covariates. We present an application of our proposed extension of the PC test to the Medigap health insurance market in the United States. Results reveal that the risk–coverage association is not homogeneous across coverage and risk categories, and depends on individual so…
Sticky-price models and the natural rate hypothesis
2005
Abstract A major criticism of standard specifications of price adjustment in models for monetary policy analysis is that they violate the natural rate hypothesis by allowing output to differ from potential in steady state. In this paper we estimate a dynamic optimizing business cycle model whose price-setting behavior satisfies the natural rate hypothesis. The price-adjustment specifications we consider are the sticky-information specification of Mankiw and Reis (Sticky information versus sticky prices: a proposal to replace the new Keynesian Phillips curve. Quarterly Journal of Economics 117, 1295–1328) and the indexed contracts of Christiano et al. (Nominal rigidities and the dynamic effe…
Aggregate uncertainty and sectoral productivity growth: The role of credit constraints
2016
Abstract We show that an increase in aggregate uncertainty—measured by stock market volatility—reduces productivity growth more in industries that depend heavily on external finance. The mechanism at play is that during periods of high uncertainty, firms that are credit constrained switch the composition of investment by reducing productivity-enhancing investment—such as on ICT capital—which is more subject to liquidity risks (Aghion et al., 2010). The effect is larger during recessions, when financing constraints are more likely to be binding, than during expansions. Our statistical method—a difference-in-difference approach using productivity growth of 25 industries from 18 advanced econo…
Analysis of different geometrical features to achieve close-to-bone stiffness material properties in medical device: A feasibility numerical study
2021
Background and objective: In orthopedic medical devices, elasto-plastic behavior differences between bone and metallic materials could lead to mechanical issues at the bone-implant interface, as stress shielding. Those issue are mainly related to knee and hip arthroplasty, and they could be responsible for implant failure. To reduce mismatching-related adverse events between bone and prosthesis mechanical properties, modifying the implant's internal geometry varying the bulk stiffness and density could be the right approach. Therefore, this feasibility study aims to assess which in-body gap geometry improves, by reducing, the bulk stiffness. Methods: Using five finite element models, a unia…
New approach to characterisation of electric alloys under rotating magnetic flux density
1996
The computation of electrical machines using the characterisation of electric alloys proposed by several authors gives performances not verified by experiments on actual machines. By means of finite-element-method software, the authors show that the electromagnetic context where electrical alloys are built into rotating electrical machines is completely different from the actual characterisation system. A new testing device is proposed to take into account the phenomena highlighted.
Fermi condensates for dynamic imaging of electromagnetic fields.
2008
Ultracold gases provide micrometer size atomic samples whose sensitivity to external fields may be exploited in sensor applications. Bose-Einstein condensates of atomic gases have been demonstrated to perform excellently as magnetic field sensors \cite{Wildermuth2005a} in atom chip \cite{Folman2002a,Fortagh2007a} experiments. As such, they offer a combination of resolution and sensitivity presently unattainable by other methods \cite{Wildermuth2006a}. Here we propose that condensates of Fermionic atoms can be used for non-invasive sensing of time-dependent and static magnetic and electric fields, by utilizing the tunable energy gap in the excitation spectrum as a frequency filter. Perturbat…
The electronic properties of an oxygen vacancy at ZrO2-terminated (001) surfaces of a cubic PbZrO3: computer simulations from the first principles
2008
Combining B3PW hybrid exchange-correlation functional within the density functional theory (DFT) and a supercell model, we calculated from the first principles the electronic structure of both ideal PbZrO(3) (001) surface (with ZrO(2)- and PbO-terminations) and a neutral oxygen vacancy also called the F center. The atomic relaxation and electronic density redistributions are discussed. Thermodynamic analysis of pure surfaces indicates that ZrO(2) termination is energetically more favorable than PbO-termination. The O vacancy on the ZrO(2)-surface attracts approximately 0.3 e (0.7 e in the bulk PbZrO(3)), while the remaining electron density from the missing O(2-) ion is localized mostly on …