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training itself does not result in net cost. In this context it seems important to examine the question whether the potential … net cost of training (during the training period) are a major determinant for the demand for apprentices. Different count … data models, in particular hurdle models, are used to estimate the effect of net cost on the demand for apprentices. The …
Persistent link: https://www.econbiz.de/10002734117
cost of tax farming is the ex-ante inefficiency due to the auction mechanism while a cost of direct collection is the ex …-post monitoring cost the government incurs to prevent theft. When the monitoring cost is high the government therefore allows tax …
Persistent link: https://www.econbiz.de/10002855576
This paper examines the impact of increasing the relative cost of fixed-term contracts on labor demand as well as the … that raised the cost of fixed-term contracts while keeping permanent contract costs unchanged. We employ a difference …
Persistent link: https://www.econbiz.de/10014383624
' understanding of the possible circumstances in which actions will have to be chosen and their attitude towards risk and uncertainty …
Persistent link: https://www.econbiz.de/10003936681
In this paper we propose a novel way to model the labor market in the context of a New-Keynesian general equilibrium model, incorporating labor market frictions in the form of hiring and firing costs. We show that such a model is able to replicate many important stylized facts of the business...
Persistent link: https://www.econbiz.de/10003937114
; trade cost elasticity ; heterogeneity ; zero trade …
Persistent link: https://www.econbiz.de/10003956003
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 …
Persistent link: https://www.econbiz.de/10003994552
trade costs that indirectly infers trade frictions from observable trade data. I show that this trade cost measure is …
Persistent link: https://www.econbiz.de/10009349934
Who does, and who should initiate costly certification by a third party under asymmetric quality information, the buyer or the seller? Our answer - the seller - follows from a nontrivial analysis revealing a clear intuition. Buyer-induced certification acts as an inspection device,...
Persistent link: https://www.econbiz.de/10009011365
Shipping goods internationally is risky and takes time. To allocate risk and to finance the time gap between production and sale, a range of payment contracts is utilized. I study the optimal choice between these payment contracts considering one shot transactions, repeated transactions and...
Persistent link: https://www.econbiz.de/10009011800