Search results for "econometrics"

Essential? COVID-19 and highly educated Africans in Finland’s segmented labour market

2022

PurposeThe purpose of this paper is to characterise the position of highly educated African migrants in the Finnish labour market and to examine the impact of the COVID-19 pandemic on that position.Design/methodology/approachThe paper is based on the biographical work stories of 17 highly educated African migrant workers in four occupation areas in Finland: healthcare, cleaning, restaurant and transport. The sample was partly purposively and partly theoretically determined. The authors used content driven thematic analysis technique, combined with by the biographical narrative concept of turning points.FindingsUsing the case of highly educated African migrants in the Finnish labour market, …

Threshold rule and scaling behavior in a multi-agent supply chain

2010

In this paper an agent-based model of self organized criticality is developed in a network economy characterized by lead time and a threshold behavior of firms. Instead of considering the aggregate production of the economy as a whole, we focus on both the propagation and amplification effects of a demand shock in the sectorial productions of a multi-agent supply chain. We study a static network structure representing a relation of firms in a lower-upper stream in an industrial organization. In our model, the individual (R, nQ) policies play an important role in generating a propagation effect across the different layers of the economy, and the propagation turns into the large fluctuations …

The effect of agglomeration economies and geography on the survival of accommodation businesses in Sicily

2021

The study explores the geographical pattern of the accommodation industry in the Italian insular region of Sicily, focusing on the determinants of the risk of market exit. We adopt a standard framework of business survival analysis where agglomeration economies play an important role. We then extend the analysis by considering the role of geography to explore whether the risk of market exit depends on nearness to desirable amenities. The geography is here measured by the distance from the coast and the altitude of the place where the firm is located. When we look at the entire population of accommodation firms that started between 2010 and 2014, we find evidence that the risk of failure inc…

Personality and the gender wage gap

2012

In this study, we investigate whether personality traits contribute towards a better understanding of the reasons for the gender wage gap. We explore whether two of the personality factors put forward by Bowles et al. (2001) as likely to be incentive enhancing in the employer–employee relationship can explain the difference in wages for women and men. These are (1) personal self efficacy (Locus of Control (LoC)) and (2) time preference. We also study the role of the so called Big Five personality traits (extraversion, emotional stability, agreeableness, openness intellect and conscientiousness), which have been associated with earnings in several recent studies. Using a sample of Dutch empl…

The effects of personality on earnings

2005

Abstract The purpose of this paper is to investigate the influence of personality dimensions on wage settings. The study was inspired by the model proposed by Bowles, Gintis, and Osborne [American Economic Review 91 (2001) 155], which shows how psychological characteristics may be rewarded or punished in the labour market due to a so-called incentive-enhancing property. Additionally, two meta-studies show that there are robust relationships between some personality dimensions and productivity [Barrick & Mount, Personnel Psychology 44 (1991) 1; Salgado, Journal of Applied Psychology 82 (1997) 30]. We used data from the DNB Household Survey (DHS) to test the extent to which certain personalit…

The effects of personality, risk and other-regarding attitudes on trust and reciprocity

2022

Abstract This paper reports experimental results on the determinants of trust and reciprocity in the context of a genuinely sequential, binary Trust Game. Apart from behavior in the main experiment, subjects’ risk attitudes and inequality aversion are elicited, as well as the traits of neuroticism and agreeableness, captured through the five-factor model. The findings suggest that trustors’ (first movers) behavior is affected by their loss aversion, while trustees’ (second movers) reciprocal behavior is not explained by any of their other-regarding attitudes, but, rather, by their agreeableness.

Effiziente Kapitalallokation in der Banksteuerung

2007

Das Risiko-Rendite-Paradoxon: Keine statistische Illusion, sondern ein empirischer Befund!

1999

Climate variability and agriculture in Italy: a stochastic frontier analysis at the regional level

2020

In the next future, climate change effects will represent a challenge for Europe and the Mediterranean area. These will have to cope with a rapid increase in climate variability. Although many economic sectors may be affected, agriculture is the most susceptible as climate heavily affects crop production trends, yield variability and the availability of areas suitable for cultivation. Using the stochastic frontier approach, the aim of this work is to analyse the impacts of climate variability on Italian regional technical efficiency in the agricultural sector for a period spanning from 2000 to 2009. Considering that technical inefficiency could be influenced by two main annual meteorologica…

Triggering collective action for bio-energy supply chain through contract schemes

2016

This paper discusses contractual features to manage and coordinate a hypothetical bio-energy supply chain. The present study focuses on farmers operating in two Regions of Italy, namely Sicily and Campania, somewhat representative of areas with high potential of investments in new bioenergy supply value chain. Farmers were asked to choose whether to participate or not in a collective investment regulated by contract schemes. Monetary trade-offs were then computed among contract attributes. A specific questionnaire was submitted to a sample of farmers selected on the basis of their potential capability of investments. A stated preference modelling approach was implemented so that farmers cou…