In theory, the incidence of a tax should be independent of which side of the market it is levied on. This principle of …

and private employment services is analyzed. The coexistence of an inefficient employment exchange and an efficient … information rent if the employment exchange is inefficient and the employer chooses not to use the private agency. -- principal … agent ; screening contracts ; employment services …

The estimates of the structural parameters of a job separations model derived from the theory of on-the-job search are … dispersion across employers exists in the sense that different employers offer different wages to the same worker, the theory … some cases all of the employment effect, defined as the difference between median wage earned by employed workers and the …

lower competitive wage in the second phase of an employment relationship that is known to both parties. The experiment casts …

Modern 'principal-agent theory' has made a lot of progress in proposing theoretical Solutions to agency problems. This … evidence on offered contracts and effort choices in a simple agency game. In line with principal-agent theory we find that in … design has to regard an equity constraint that has so far been neglected by contract theory. In fact, most contract offers …

employment as well as in the skilled wage premia, as observed in OECD countries. These implications can be reversed, however, as …

Most models of labor markets and (un)employment neglect how competition among firms or sectors of the economy affects … by price competition. A special advantage of such a framework is that one can distinguish two kinds of employment effects …