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It is analyzed the impacts of outsourcing cost and wage tax progression under labor market imperfections with Nash wage bargaining and flexible outsourcing. With sufficiently strong (weak) labor market imperfection, lower outsourcing cost has a wage-moderating (wage-increasing) effect so that...
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that have different degrees of overconfidence. The channel through which the matching occurs is the share of bonus payments … to an assortative matching between overconfident managers and banks with a larger bailout probability. We then test the …
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favorable conditions for matching on the one hand, and for global collective decisions on the other hand. We establish …
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We develop a simple information-based model of FDI flows. On the one hand, the relative abundance of intangible capital …
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