Showing 1 - 9 of 9
We consider a Rothschild-Stiglitz-Spence labour market screening model and employ a centralised mechanism to coordinate the efficient matching of workers to firms. This mechanism can be thought of as operated by a recruitment agency, an employment office or head hunter. In a centralised...
Persistent link: https://www.econbiz.de/10005739652
When workers are faced with the threat of unemployment, their relationship with a particular firm becomes valuable. As … market characterized by exogenous unemployment. However, stronger competition for labor does not impair labor market …
Persistent link: https://www.econbiz.de/10009004025
institutions. …
Persistent link: https://www.econbiz.de/10008633332
political pressure to reduce corruption if financial institutions are missing. Our model is based on the fact that corrupt … the rents from corruption. In a probabilistic voting model, we show that a lack of financial institutions can lead to more …-functioning financial institutions, in turn, can increase the political support for anti-corruption measures. …
Persistent link: https://www.econbiz.de/10005785864
The effects of ISO 9000 diffusion on trade and FDI have gone understudied. We employ panel data reported by OECD nations over the 1995-2002 period to estimate the impact of ISO adoptions on country-pair economic relations. We find ISO diffusion to have no effect in developed nations, but to...
Persistent link: https://www.econbiz.de/10005785865
powerful institutions to sanction free-riders. The idea of the mechanism is to require players to commit to the public good by …
Persistent link: https://www.econbiz.de/10005739660
substitute some functions of missing institutions, for example, enforcing contracts. We investigate this by setting up a model …
Persistent link: https://www.econbiz.de/10005739699
We evaluate the information content of admission conditions for study programs quality by investigating its relationship with graduates employability. We find that study programs with larger numeri clausi are associated with a higher probability of finding a job. Additionally, compulsory...
Persistent link: https://www.econbiz.de/10005859627
in developing countries have multiple equilibria - the same economy can be stuck at different levels of unemployment with …
Persistent link: https://www.econbiz.de/10005860481