Search Results

Showing results 1 to 2 of approximately 2.

(refine search)
Author:Engelhardt, Bryan 

Working Paper
Crime and the labor market: a search model with optimal contracts

This paper extends the Pissarides (2000) model of the labor market to include crime and punishment `a la Becker (1968). All workers, irrespective of their labor force status can commit crimes and the employment contract is determined optimally. The model is used to study, analytically and quantitatively, the effects of various labor market and crime policies. For instance, a more generous unemployment insurance system reduces the crime rate of the unemployed but its effect on the crime rate of the employed depends on job duration and jail sentences. When the model is calibrated to U.S. data, ...
Working Papers (Old Series) , Paper 0715

Working Paper
Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis

We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by country-specific climate variables?defined as deviations of temperature and precipitation from their historical norms. Using a panel data set of 174 countries over the years 1960 to 2014, we find that per-capita real output growth is adversely affected by persistent changes in the temperature above or below its historical norm, but we do not obtain any statistically significant effects for changes in precipitation. Our counterfactual ...
Globalization Institute Working Papers , Paper 365


FILTER BY Content Type


FILTER BY Jel Classification

C33 1 items

O40 1 items

O44 1 items

O51 1 items

Q51 1 items

Q54 1 items

show more (1)

FILTER BY Keywords

Climate change 1 items

Crime 1 items

Labor market 1 items

Unemployment 1 items

adaptation 1 items

counterfactual analysis 1 items

show more (2)