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that would result. Monitoring to prevent transfer pricing is difficult, in particular on the cost side. For dorporations …, monitoring implies that both transfer pricing and real transfers will be costly. Assuming a convex cost function for cost …
Persistent link: https://www.econbiz.de/10005424053
This paper explores water pricing policy in Tegucigalpa, the capital of Honduras, in a political economy perspective. I … (external and internal) actors' stakes in maintaining or changing the current water pricing regime, and discuss some potential …
Persistent link: https://www.econbiz.de/10005652130
We study a two-period model of efficient labor contracts between a firm and its workers, where firings and voluntary quits but no new hirings occur in period 2. We demonstrate that an increase in the firm's firing cost always raises average employment over the two periods when this cost is...
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