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作者：Lalive, Rafael; Schlosser, Analia; Steinhauer, Andreas; Zweimueller, Josef
作者单位：University of Lausanne; Center for Economic & Policy Research (CEPR); Tel Aviv University; University of Zurich
摘要：Job protection and cash benefits are key elements of parental leave (PL) systems. We study how these two policy instruments affect return-to-work and medium-run labour market outcomes of mothers of newborn children. Analysing a series of major PL policy changes in Austria, we find that longer cash benefits lead to a significant delay in return-to-work, particularly so in the period that is job-protected. Prolonged parental leave absence induced by these policy changes does not appear to hurt m...
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作者：Del Boca, Daniela; Flinn, Christopher; Wiswall, Matthew
作者单位：Collegio Carlo Alberto; New York University; Arizona State University; Arizona State University-Tempe
摘要：The growth in labour market participation among women with young children has raised concerns about its implications for child cognitive development. We estimate a model of the cognitive development process of children nested within an otherwise standard model of household behaviour. The household makes labour supply decisions and provides time and money inputs into the child quality production process during the development period. Our empirical results indicate that both parents' time inputs...
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作者：Atakan, Alp E.; Ekmekci, Mehmet
作者单位：Koc University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要：This article considers a two-sided search market where firms and workers are paired to bargain over a unit surplus. The matching market serves as an endogenous outside option for the agents. The market includes inflexible commitment types who demand a constant portion of any match surplus. The frequency of such types is determined in equilibrium.An equilibrium where there are significant delays in reaching an agreement and where negotiations occasionally break down on the equilibrium path is c...
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作者：Cason, Timothy N.; Friedman, Daniel; Hopkins, E. D.
作者单位：Purdue University System; Purdue University; University of California System; University of California Santa Cruz; University of Edinburgh
摘要：We report laboratory experiments that use new, visually oriented software to explore the dynamics of 3x3 games with intransitive best responses. Each moment, each player is matched against the entire population, here 8 human subjects. A heat map offers instantaneous feedback on current profit opportunities. In the continuous slow adjustment treatment, we see distinct cycles in the population mix. The cycle amplitude, frequency and direction are consistent with the standard learning models. Cyc...
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作者：Paciello, Luigi; Wiederholt, Mirko
作者单位：Goethe University Frankfurt
摘要：This article studies optimal monetary policy when decision-makers in firms choose how much attention they devote to aggregate conditions. When the amount of attention that decision-makers in firms devote to aggregate conditions is exogenous, complete price stabilization is optimal only in response to shocks that cause efficient fluctuations under perfect information. When decision-makers in firms choose how much attention they devote to aggregate conditions, complete price stabilization is opt...
