Showing 261 - 270 of 5,553
We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model (McDonald and Solow, 1981). We show that the two-dimensional bargaining problem can be decomposed into two one-dimensional problems such that the two solutions together replicate...
Persistent link: https://www.econbiz.de/10012244506
This paper estimates the causal effects of the 2003 reform of the Italian apprenticeship contract which aimed at introducing the "dual system" in Italy by allowing on-the-job training. The reform also increased the age eligibility of the apprenticeship contract and introduced a minimum floor to...
Persistent link: https://www.econbiz.de/10011654666
The paper develops a two-sector general equilibrium search model where 'goods' are produced exclusively in the market and 'services' are produced both in the market and within the households. We use the model to examine how unemployment and welfare are affected by labor taxes in general and...
Persistent link: https://www.econbiz.de/10011408425
This paper documents the role of unemployment and earnings risk in reconciling evidence in payoff differentials between self-employment and paid-employment. Using Spanish administrative data, we characterize the distribution and dynamics of earnings and document lower and less dispersed earnings...
Persistent link: https://www.econbiz.de/10014543846
laboratory experiment where bidders can signal information through their bidding behaviour to an outside observer. We consider … two different information settings: the auctioneer reveals either the identity of the winning bidder only, or she also …
Persistent link: https://www.econbiz.de/10011906329
Firms often discourage certain categories of individuals from buying their products, seemingly at odds with typical assumptions about profit maximization. This paper provides a potential rationale for such firm behavior: Consumers seek to signal that they have "desirable" ideological values to...
Persistent link: https://www.econbiz.de/10013285514
information. The absence of the signaling effect seems related to the perception of managers' intentions, a mitigating but … evidence for the hypothesized signaling effect. Having an informed manager set the incentive does not change employees' be …
Persistent link: https://www.econbiz.de/10014227737
Digital platforms sometimes offer incentives to a subset of sellers to nudge behavior, possibly affecting the behavior of all sellers in the equilibrium. In this paper, we study a policy change on a large e-commerce platform that offers financial incentives only to platform-certified sellers...
Persistent link: https://www.econbiz.de/10013342943
Georgian trustors discriminate against the ethnic Armenian minority group. We introduce an initial signaling stage to … untruthfully signal to have a Georgian name. Signaling behavior is driven by expected transfers and non-pecuniary motives. This …
Persistent link: https://www.econbiz.de/10012105536
portfolios to investors. We extend the signaling model for single sales of risky assets to portfolio sales. We identify … conditions under which signaling at the portfolio level dominates signaling at the single asset level. In particular, when banks … have better information about loan types on their books, and some commitment power to sales, can profit by pooling assets …
Persistent link: https://www.econbiz.de/10011610925