This chapter examines the relations between training, skills, credentials and the wage in France, Spain and the United …

taking into account two channels: the evolution of the wage game described in Burdett and Mortensen (1998), and the evolution …. Using US data, we show that these two channels allow to reproduce quite well the aggregated wage distribution as well as the … evolution of it over the workers life-cycle. The channel of the evolution of the wage game accounts for the lower density of low …

shared between firms and workers. This is done through analysing the sign of various OJT variables and different wage …

number of agents because competition reduces the agents' informational monopoly power. However, this environment also … tendency to choose more 'generous' (and more efficient) contract menus over time. We find that competition leads to a … substantially higher probability of trade, and that, overall, competition between agents generates the most efficient outcomes. …

According to a recent literature, the positive effect of competition is supposed to be growing with the proximity to … the technological frontier. Using a variety of indicators, the paper tests the effect of competition and regulation on … 1979-2003. Results show no evidence of a positive effect of competition growing with the proximity to the frontier. Two …

competition on R&D to the cost of innovation. The effect of competition on R&D is an inverted U-shape. However, the shape is … flatter and competition policy is therefore less relevant for innovation when innovations are relatively costly. Intuitively …

results known in static frameworks. First, more competition pushes Neck and Neck firms to advertise more to attract a larger …