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. But with rapid technological change, gains in youth employment from vocational education may be offset by less … adaptability and thus diminished employment later in life. To test our main hypothesis that any relative labor-market advantage of … vocational education decreases with age, we employ a difference-in-differences approach that compares employment rates across …
Persistent link: https://www.econbiz.de/10009351470
, we observe interesting patterns in the skill composition, employment opportunities and wages for migrants to the …
Persistent link: https://www.econbiz.de/10005406154
provision of labour market relevant information by former coworkers affects the employment probabilities and, if hired, the … wages of male workers who have previously become unemployed as the result of an establishment closure. To identify the … results suggest a strong positive effect of a higher employment rate in a worker’s network of former coworkers on his re-employment …
Persistent link: https://www.econbiz.de/10010660137
, implemented at the end of a three-year cycle in which contracts are generally revised, was (a) the joint outcome of negotiations … “behavioral economics,” the findings suggest that non-standard responses may be ephemeral, especially in employment contexts in …
Persistent link: https://www.econbiz.de/10010877659
contracts and organisation. This trend has been driven by the fact that rising costs over many years have put profitability …
Persistent link: https://www.econbiz.de/10010948889
Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal conservation contract, (iii) when the donor prefers contracting with central rather than local governments, and (iv) how the donor’s presence may induce institutional change....
Persistent link: https://www.econbiz.de/10011273091
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect credit market. In the presence of credit rationing, efficiency and utility equalization are guaranteed only by a legally enforceable contract. Separate-property marriage may...
Persistent link: https://www.econbiz.de/10010732344
his employer. This paper uses a principal-agent model to study optimal incentive contracts for envious workers under …
Persistent link: https://www.econbiz.de/10005765867
Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...
Persistent link: https://www.econbiz.de/10005094414
within and across contracts. The elasticity of indexation is modelled as a latent variable, supporting consideration of both … variables and the sequence of contracts signed by a bargaining pair are needed. …
Persistent link: https://www.econbiz.de/10005094416