An informational subsystem concerning stocks will allow the management to observe the current situation of the company, to notice its opportunities, as well as its potential risks for the politics of the organization, both its advantages and disadvantages, as well as to take the most appropriate...

This paper develops a theory of stagflation, based on turnover-efficiency-wage theory. In these theories, wages are forward-looking, i.e., set to keep incumbents with the firm. The employed workers apply for better jobs and compete with unemployed applicants. An employed applicant is, however,...