agents affect outcomes and efficiency. Informational asymmetries generate inefficiency. In an environment where principals … principals. In contrast, when agents compete to be hired, efficiency improves dramatically, and it increases in the relative … number of agents because competition reduces the agents' informational monopoly power. However, this environment also …

principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational …We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden … inefficiencies remain. In contrast, when agents compete to be hired, efficiency improves dramatically, and it increases in the …

principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational …We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden … inefficiencies remain. In contrast, when agents compete to be hired, efficiency improves dramatically, and it increases in the …

Differences-in-Differences (DID) method. Then we use the estimation of the impact on academic achievement to conduct a cost …

Manila metropolitan area were not affected by the ban, this allows us to implement a difference-in-difference estimation of …

that the labor market is becoming closer to that of developed countries. The standard estimation of the returns to … and payment for productivity within occupations. First, I compare the non-parametric estimation of wage distributions by …

Using panel data taken from the NLSY, I perform the joint estimation of i) a reduced-form dynamic model of the …

to estimation is more flexible. More precisely, I show that structural and IV approaches differ mainly at the level of i …