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incomplete contract. It is shown that the efficiency of these solutions is very sensitive to the characteristics of the good or …
Persistent link: https://www.econbiz.de/10005233793
This paper examines the relationship between outsourcing and various aspects of employee well-being by devoting special … employees' job satisfaction is reduced. However, the relationship between outsourcing and employee well-being is not entirely …
Persistent link: https://www.econbiz.de/10010884090
organizational decision is driven by two countervailing effects: the ownership rights effect favors outsourcing, while the "indirect … outsourcing of the "less important" supplier is chosen in equilibrium. We also consider an open economy setup where the producer …
Persistent link: https://www.econbiz.de/10011279357
We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a … heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage … magnify, and not dampen, this tendency. Further, higher outsourcing will increase equilibrium unemployment among the high …
Persistent link: https://www.econbiz.de/10005233784
example of how markets, as opposed to private negotiations, can be used to determine efficient contract terms. …
Persistent link: https://www.econbiz.de/10005233914
We develop a theory of a firm in an environment with incomplete contracts. The firm’s headquarter decides on the complexity, the organization, and the global scale of its production process. Specifically, it decides: i) on the mass of symmetric intermediate inputs that are part of the value...
Persistent link: https://www.econbiz.de/10008693834
-skilled labor and perfect competition in high-skilled labor in the presence of outsourcing? A higher degree of tax progression by …
Persistent link: https://www.econbiz.de/10008693839
outsourcing activities, the increased flow of direct foreign investment and its heterogeneous regional distribution, the increased …
Persistent link: https://www.econbiz.de/10005703160
This paper analyzes the effects of trade and outsourcing on the transition probabilities of employment between sectors … labor market turnover. Increases in imports, terms of trade and, especially, in the outsourcing share negatively affect the …
Persistent link: https://www.econbiz.de/10005703205
The costs of vertical integration are analyzed within a game-theoretic signaling model. It is shown that a company when being vertically integrated with a supplier may well decide to buy certain components from this supplier even at a lower quality than that offered by external sources. When the...
Persistent link: https://www.econbiz.de/10005703228