We structurally estimate an equilibrium search model using German administrative data and use the model for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does…
We show that in school systems with grade retention or redshirting birth cohort size is negatively related to the grade-level share of students who are too old for their grade. This compositional effect gives…
I investigate the decision problem which arises in a game of incomplete information under two different types of uncertainty - uncertainty about other players’ type distributions and about other players’…