Showing 1 - 10 of 63
This paper studies the design of health insurance with ex post moral hazard, when there is imperfect competition in the market for the medical product. Various scenarios, such as monopoly pricing, price negotiation or horizontal differentiation are considered. The insurance contract specifies...
Persistent link: https://www.econbiz.de/10011163490
A striking feature of the past few decades has been the development of wage-determination models that assume that labour markets are imperfectly competitive. This paper discusses two such models (trade unions and oligopsony), although there are many more. It also asks if imperfectly competitive...
Persistent link: https://www.econbiz.de/10010959709
This paper investigates the effects of trade liberalization on labor demand elasticities. Employment demand equation is estimated by using data (1971-1996) for manufacturing industries in Tunisia. Results from empirical testing using the model find a weak support for the idea assuming that trade...
Persistent link: https://www.econbiz.de/10005762362
This paper is a contribution to the debate on policy complementarity in relation to deregulation in the product and labour markets. We develop a model of dynamic efficiency wages and monopolistic competition. Whereas most of the literature points toward the gains associated to an increase in...
Persistent link: https://www.econbiz.de/10005822508
Standard economic wisdom generally stresses the benefits of increased competition on the product market. This paper proposes a model of monopolistic competition with an endogenous determination of workers flows in and out of unemployment, where wages are determined according to an efficiency...
Persistent link: https://www.econbiz.de/10005700853
We provide a methodology to study the role of market distortions on the emergence of indeterminacy and bifurcations. Most of the specific market imperfections considered in the related literature are particular cases of our framework. Comparing them we obtain several equivalence results in terms...
Persistent link: https://www.econbiz.de/10008922965
In this paper we estimate the elasticity of the labour supply to a firm, using data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey. Estimation of this elasticity is of particular interest not only in its own right but also because of its relevance to the debate about...
Persistent link: https://www.econbiz.de/10008564698
This paper discusses the structural change in the Russian employment and explores whether the evolution of employment over 2000-2012 followed the scenario of progressive upgrading in job quality or brought about the polarization of jobs in terms of their quality. Jobs are defined here as...
Persistent link: https://www.econbiz.de/10011105073
the number of campuses and college graduates in Russia. Our empirical strategy relies on the marginal treatment effect …
Persistent link: https://www.econbiz.de/10011106164
Economic growth in Russia in the first decade of this century almost doubled the country's GDP but was accompanied by …
Persistent link: https://www.econbiz.de/10010790520