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    <title>EconStor Collection: Working Papers, Osteuropa-Institut Regensburg (OEI)</title>
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  <item rdf:about="http://hdl.handle.net/10419/57818">
    <title>Inflation convergence and the new keynesian phillips curve in the Czech Republic</title>
    <link>http://hdl.handle.net/10419/57818</link>
    <description>Title: Inflation convergence and the new keynesian phillips curve in the Czech Republic
&lt;br/&gt;
&lt;br/&gt;Authors: Daniésková, Katarína; Fidrmuc, Jarko
&lt;br/&gt;
&lt;br/&gt;Abstract: The New Keynesian Phillips Curve has become an important part of modern monetary policy models. It describes the relationship between inflation and real marginal cost, which is derived from micro-founded models with rational expectations, sticky prices, and forward and backward looking behaviour. This answers the previous critique of the Phillips Curve. We estimate several specifications of the New Keynesian Phillips Curve for the Czech Republic between 1996 and 2009. We show that the GMM suffers under the problem of weak instruments leading to biased estimates. In turn, the FIML is robust and yields significant estimates of structural parameters implying a strong forward looking behaviour.</description>
  </item>
  <item rdf:about="http://hdl.handle.net/10419/57817">
    <title>Migration, transfers and child labor</title>
    <link>http://hdl.handle.net/10419/57817</link>
    <description>Title: Migration, transfers and child labor
&lt;br/&gt;
&lt;br/&gt;Authors: Dimova, Ralitza; Epstein, Gil S.; Gang, Ira N.
&lt;br/&gt;
&lt;br/&gt;Abstract: We examine agricultural child labor in the context of emigration, transfers, and the ability to hire outside labor. We start by developing a theoretical background based on Basu and Van, (1998), Basu, (1999) and Epstein and Kahana (2008) and show how hiring labor from outside the household and transfers to the household might induce a reduction in children's working hours. Analysis using Living Standards Measurement Survey (LSMS) data on the Kagera region in Tanzania lend support to the hypothesis that both emigration and remittances reduce child labor.</description>
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  <item rdf:about="http://hdl.handle.net/10419/57816">
    <title>The fixed wage puzzle: Why profit sharing is so hard to implement</title>
    <link>http://hdl.handle.net/10419/57816</link>
    <description>Title: The fixed wage puzzle: Why profit sharing is so hard to implement
&lt;br/&gt;
&lt;br/&gt;Authors: Jerger, Jürgen; Michaelis, Jochen
&lt;br/&gt;
&lt;br/&gt;Abstract: It is well known that profit sharing arrangements Pareto-dominate fixed wage contracts. Share agreements are (far) less than ubiquitous, however. This paper offers a solution of this fixed wage puzzle by adopting a perspective of bounded rationality. We show that share arrangements that fulfill plausible constraints are not generally acceptable to both firms and unions.</description>
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  <item rdf:about="http://hdl.handle.net/10419/57815">
    <title>Life (dis)satisfaction and decision to migrate: Evidence from central and Eastern Europe</title>
    <link>http://hdl.handle.net/10419/57815</link>
    <description>Title: Life (dis)satisfaction and decision to migrate: Evidence from central and Eastern Europe
&lt;br/&gt;
&lt;br/&gt;Authors: Otrachshenko, Vladimir; Popova, Olga
&lt;br/&gt;
&lt;br/&gt;Abstract: This paper provides the first evidence regarding the impact of life satisfaction on the individual intention to migrate. The impact of individual characteristics and country macroeconomic variables on the decision to migrate is analyzed in one framework. Differently from other studies, we allow for life satisfaction to serve as a mediator between macroeconomic variables and the intention to migrate. Using the Eurobarometer survey for 27 Central Eastern (CEE) and Western European (non-CEE) countries, we test the predictions of our theoretical model and find that people dissatisfied with life have higher intention to migrate. We have not enough evidence that the macroeconomic conditions affect the intention to migrate directly, but these factors do affect migration decision indirectly through life satisfaction. We also find that at all levels of life satisfaction, the unemployed, middle-age individuals with low or average income from urban areas at all levels of education have higher intentions to migrate from CEE countries than from non-CEE countries.</description>
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