Girl Connection, August 2007

A monthly newsletter for Iowa Commission on the Status of Women

Iowa Lottery VIP Club Connection, Aug. 2007, vol. 7, no. 3

Iowa Lottery newsletter for VIP Club members.

Iowa Lottery VIP Club Connection, Nov. 2007, vol. 7, no. 4

Iowa Lottery newsletter for VIP Club members.

Girl Connection, December 2007

A monthly newsletter for Iowa Commission on the Status of Women

Girl Connection, February 2008

A monthly newsletter for Iowa Commission on the Status of Women

Girl Connection, October 2007

A monthly newsletter for Iowa Commission on the Status of Women

Girl Connection, December 2007

A monthly newsletter for Iowa Commission on the Status of Women

Girl Connection, April 2008

A monthly newsletter for Iowa Commission on the Status of Women

Girl Connection, August 2008

A monthly newsletter for Iowa Commission on the Status of Women

Girl Connection, June 2008

A monthly newsletter for Iowa Commission on the Status of Women

Girl Connection, October 2008

A monthly newsletter for Iowa Commission on the Status of Women

Long run relationships and price rigidity

I study a repeated buyer-seller relationship for the exchange of a givengood. Asymmetric information over the buyer's reservation price, which issubject to random shocks, may lead the seller to use a rigid pricing policydespite the possibility of making higher profits through price discriminationacross the different satates of the buyer's reservation price. The existence of a flexible price subgame perfect equilibrium is shown for the buyerssufficiently locked-in. When the seller faces a population of buyers whose degree of involvmentin the relatioship is unknown, the flexible price equilibrium is notnecessarily optimal. Thus tipically the seller will prefer to use therigid price strategy. A learning process allowing the seller to screenthe population of buyers is derived abd the existence of a switching pointbetween the two regimes (i.e. price rigidity and price felxibility) isshown.

Girl Connection, November 2008

A monthly newsletter for Iowa Commission on the Status of Women

Girl Connection, February 2009

A monthly newsletter for Iowa Commission on the Status of Women

Flexibility vs. rigidity: Does Spain have the worst of both worlds?

In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the jon loss rate is much higher, putting Spain half-way between France and the US. This suggests that while Spain has borne the full cost of its labor market reforms in terms of job precarity, the benefits in terms of job creation have been quite modest. We hypothesize that this has been due to the reform s credibility being imperfect, which leads toexpectation of reversal.