Whether the outcome of bargaining over wage and employment between an incumbent firm and a union remains efficient … wage is not observed, contracts feature over-employment. Under separating equilibrium the low type is over-employed, and … under entry threat is examined. The workers\' reservation wage is not known to the entrant, and entry is profitable only …

social interventions in 2005 by setting up ELA (Employment and Livelihood for Adolescents) Centres for the ELA microfinance …

include economic growth, local poverty, and inequality, all of which are generally believed to accelerate the process. Of …

This paper provides an explanation for the observed persistence in income inequality across households in terms limited …

growth experience; (ii) rising inequality as a threat to growth, and (iii) the case for continued development assistance to …