Showing 1 - 10 of 208
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of … compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most … perfect competition, the resulting efficiency loss can be much larger than that imposed by a single firm or principal, who …
Persistent link: https://www.econbiz.de/10010635587
on existing theories of competition in markets with adverse selection. …
Persistent link: https://www.econbiz.de/10004976877
redistributive taxation. In a formal model of redistribution with international migration and fiscal competition we derive the main …
Persistent link: https://www.econbiz.de/10005017522
We study a field experiment on tax compliance in Slovenia. Small accounting companies were randomly assigned to an untreated control group and two treatment groups. Companies in the first treatment group received a letter that highlighted the importance of paying taxes and informed about the...
Persistent link: https://www.econbiz.de/10011269606
Tax competition for a mobile factor is different in 'new economic geography settings' compared to standard tax … competition models. The agglomeration rent which accrues to the mobile factor in the core region can be taxed. Moreover, a tax …
Persistent link: https://www.econbiz.de/10005763719
We consider a model of on-the-job search where firms offer long-term wage contracts to workers of different ability. Firms do not observe worker ability upon hiring but learn it gradually over time. With sufficiently strong information frictions, low-wage firms offer separating contracts and...
Persistent link: https://www.econbiz.de/10009283581
A standard hidden information model is considered to study the influence of the a priori productivity distribution on the optimal contract. A priori more productive (hazard rate dominant) agents work less, enjoy lower rents, but generate a higher expected surplus.
Persistent link: https://www.econbiz.de/10005761912
We derive the shape of optimal unemployment insurance (UI) contracts when agents can exert search effort but face different search costs and have private information about their type. We derive a recursive solution of our dynamic adverse selection problem with repeated moral hazard. Conditions...
Persistent link: https://www.econbiz.de/10005762054
This paper characterizes the optimal redistributive taxation when individuals are heterogeneous in two exogenous dimensions: their skills and their values of non-market activities. Search-matching frictions on the labor markets create unemployment. Wages, labor demand and participation are...
Persistent link: https://www.econbiz.de/10005763886
is much less sophisticated than that characterised by modern microeconomic theory. …
Persistent link: https://www.econbiz.de/10010773917