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We analyze the following questions associated with flexible outsourcing under partlyimperfect dual domestic labour … sharing influence flexibleoutsourcing? What is the relationship between outsourcing cost, profit sharing and wages?We show …
Persistent link: https://www.econbiz.de/10009418921
This paper pursues three aims. First, we provide a review of current theoretical advanceswhich pertain to the relationship between trade, FDI and labor markets. We do so under thefollowing (not mutually exclusive) headings: (1) slicing-up the value added chain and the turnto a task-based...
Persistent link: https://www.econbiz.de/10009360562
We combine profit sharing and outsourcing, if the wage for worker is decided by a labor unionto analyze how does the … implementation of profit sharing affect individual effort and thebargained wage and thus outsourcing? We find that profit sharing and …
Persistent link: https://www.econbiz.de/10009360604
We present a dynamic model where the probability of outsourcing production is increasing inthe firm’s expectation of …
Persistent link: https://www.econbiz.de/10009360607
-skilled labor andperfect competition in high-skilled labor in the presence of outsourcing? A higher degree oftax progression by …
Persistent link: https://www.econbiz.de/10009360617
abroad, and where outsourcing issubstitutable for domestic low-ability labor. Our results show that the incentives for … unemployment also constitutes an incentive to implement a tax on outsourcing.Without a direct instrument for taxing outsourcing …, the government may reduce the amount ofresources spent on outsourcing by increased provision of the public input good …
Persistent link: https://www.econbiz.de/10009360634
The tendency to underestimate the future value of a variable growing at a constant rate, anexample of exponential growth bias, has been linked to household financial decision making.We show that exponential growth bias and standard measures of financial literacy arenegatively correlated in a...
Persistent link: https://www.econbiz.de/10009353904
The financial crisis has re-ignited the fierce debate about the merits of financial globalizationand its implications for growth, especially for developing countries. The empirical literaturehas not been able to conclusively establish the presumed growth benefits of financialintegration. Indeed,...
Persistent link: https://www.econbiz.de/10009360642
There is a debate on whether executive pay reflects rent extraction due to “managerialpower” or is the result of arms-length bargaining in a principal-agent framework. In this paperwe offer a test of the managerial power hypothesis by empirically examining the CEOcompensation of U.S. public...
Persistent link: https://www.econbiz.de/10009418922
A model for matched data with two types of unobserved heterogeneity is considered – onerelated to the observation unit, the other to units to which the observation units are matched.One or both of the unobserved components are assumed to be random. This mixed modelallows identification of the...
Persistent link: https://www.econbiz.de/10009347591