This paper deals with the heterogeneous employment outcome at the plant level in Swedish manufacturing over the period 1972-96. Non-negligible gross flows of jobs is found to be a pronounced feature in Swedish manufacturing, but as compared to results on U.S. data, the average pace of job reallocation has not been as high. However, masked behind low averages are periods of largescale job reallo...

We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in heterogeneity during this transition period, with a corresponding rise in excess job reallocation. Unlike data for Soviet Russia in the 1980s, Ukrainian job reallocat...

We study the efficient allocation of a divisible asset when reallocation is costly. Each of two players is initially allocated a share of the asset. At the time of this initial division the players’ valuations for the asset are uncertain. After the uncertainty resolves, costly reallocation may take place. Reallocation costs may depend on the amount reallocated and on players’ valuations. We fir...

I argue in this article that the imposition of insider trading regulation on a securities market generates not only a reallocation of wealth from insiders to liquidity traders, but also a reallocation of risk from the former to the latter. I show that this reallocation of risk (usually ignored in the literature), unlike the reallocation of wealth (usually addressed in the literature), has a cri...

There are two facts related to the reallocation of physical assets across plants. In the macro level, capital reallocation, measured as the aggregate sales of used capital, is procyclical. In the micro level, selling used capital is costly. In this paper, I investigate the quantitative contribution of adverse selection in the used capital market towards generating the procyclical capital reallo...

In this paper we consider a multi-channel random-access carrier-sense multiple access (CSMA) line network with n saturated links, where each link can be active on at most one of the C available channels at any time. Using the product form solution of such a network, we develop fast algorithms to compute the per-link throughputs and use these to study the spatial fairness in such a network. We c...

This paper introduces the Double Travelling Salesman Problem with Multiple Stacks and presents three different metaheuristic approaches to its solution. The Double TSP with Multiple Stacks is concerned with determining the shortest route performing pickups and deliveries in two separated networks (one for pickups and one for deliveries) using only one container. Repacking is not allowed, instea...

Abstract We consider a multi-stage facility reallocation problems on the real line, where is being moved between time stages based locations reported by n agents. The aim of algorithm to minimise social cost, i.e., sum over total distance and all agents at stages, plus cost incurred for moving facility. study this problem both in offline setting online setting. In case has full knowledge agent ...