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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005181434
, the impact of increased labor market flexibility on research and innovation has gained more and more attention. Previous … the influences of most of the indicators of wage flexibility are positive and vary by type of innovation. While the …. Aspects of numerical and functional labor market flexibility, in contrast, act negative on all types of innovation. Thereby …
Persistent link: https://www.econbiz.de/10009421739
We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....
Persistent link: https://www.econbiz.de/10005181512