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Estimation of a Labour Supply Model with Censoring Due to Unemployment and Underemplo.
In the Lucas-Rapping (1969) model of the labour market, fluctuations in unemployment represent individuals optimally adjusting their labour supply behaviour in response to fluctuations in wage rates o...
The implicit contract model has been suggested as a serious alternative to the spot marketinterpretation of the labor market. However, its usefulness has been limited because the wage is unobserved in...
California's Cap and Trade market in greenhouse gases (GHG) is now in its third calendar year, with the rst allowance auction taking place on November 14, 2012 and compliance obligations commencing...
This paper provides a prospective and retrospective quantitative assessment of the impact of a passive vertical integration between a large electricity retailer and a large electricity generator i...
This paper argues that many determinants of generic oligopoly market outcomes can be studied in bidbased wholesale electricity markets under much weaker assumptions than in other oligopoly industries ...
The assumption of expected profit-maximizing bidding behavior in a multi-unit, multi-period auction with step-function supply curves is used to estimate cost functions for electricity generatio...
The Superintendencia de Servicios Públicos (SSPD) has asked me to analyze and comment on a number of issues relating to the performance and monitoring of the Colombian Electricity Supply Industry....
This report proposes an ancillary services payment mechanism for the Chilean electricity supply industry. This is accomplished in three steps. The first section presents a set of economic principl...
This report proposes an ancillary services payment mechanism for the Chilean electricity supply industry. This is accomplished in three steps. The first section presents a set of economic principl...
The worldwide production of potable water represents a without cease enormous challenge. Each year 80 million new persons seek their rights for aqueous resources over the earth surface. Unhappily al...
The development level of the society and structural characteristics can be seen in urban structure and urbanization. Administration try to keep social justice and welfare by urban, regional and nati...
Recent findings from oceanographic field studies conducted on both sides of the North Atlantic have dramatically altered our view of how zooplankton populations respond to climate-driven changes in oc...
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. Howeve...

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