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Going on the Long Race? - Employment Duration and (De)Regulation of Experimental Stochastic Labor Markets

Berninghaus, Siegfried; Bleich, Sabrina; Güth, Werner - Wirtschaftswissenschaftliche Fakultät, … - 2009

If the future market wage is uncertain, engaging in long-term employment is risky, with the risk depending on how regulated the labor market is. In our experiment long-term employment can result either from offering long-term contracts or from repeatedly and mutually opting for rematching....

Persistent link: https://www.econbiz.de/10008509219

Wage Flexibility in Ongoing Employment Relations - An Experiment with a Stochastic Labor Market -

Berninghaus, Siegfried K.; Bleich, Sabrina; Gueth, Werner - Wirtschaftswissenschaftliche Fakultät, … - 2007

Facing a stochastic market wage, which is independent of their own hiring policy, employers offer contracts specifying ï¬xed wage, revenue share and employment duration. In ongoing employment relations it depends on the treatment whether ï¬xed wages can be only increased or also decreased....

Persistent link: https://www.econbiz.de/10005032003

Innovation Networks of High Tech SMES: Creation of Knowledge but no Creation of Value

Winters, Rob; Stam, Erik - Wirtschaftswissenschaftliche Fakultät, … - 2007

technology SMEs. Innovation net- works are positively related to both product and process innovation, i.e. knowledge creation …This paper analyses the effects of innovation networks on product and process innovation and sales growth of high …. One exception is the negative effect of innovation networks with suppliers on product innovation. Older SMEs are more …

Persistent link: https://www.econbiz.de/10005090493