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Pacts for employment and competitiveness are an integral component of the ongoing process of decentralization of collective bargaining in Germany, a phenomenon that has been hailed as key to that nation's economic resurgence. Yet little is known about the effects of pacts on firm performance....
Persistent link: https://www.econbiz.de/10011333569
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011518078
We present the first causal evidence on the persistent impact of enduring competition on prosociality. Inspired by the … competition period. 4-year follow-up data indicate that the effect persists and generalizes, suggesting a change in traits and not …
Persistent link: https://www.econbiz.de/10014428113
Using German establishment data, this paper examines the relationship between product market competition and the extent … of employer provided training. We demonstrate that high product market competition is associated with increased training … except when the competition is so severe as to threaten liquidation to a firm. We take this as evidence of an inverted U …
Persistent link: https://www.econbiz.de/10011735905
This paper investigates the effect of grouping students by prior achievement into different classes (or schools) in settings where students are competing for admission to programs offering only a limited number of places. We first develop a model that identifies the conditions under which the...
Persistent link: https://www.econbiz.de/10013170260
Persistent link: https://www.econbiz.de/10000070975
competition. For reasonable parameter values product market deregulation fosters growth substantially more in the flexible than in …
Persistent link: https://www.econbiz.de/10011412718
Many experiments indicate that most individuals are not purely motivated by material self interest, but also care about the well being of others. In this paper we examine tournaments among inequity averse agents, who dislike disadvantageous inequity (envy) and advantageous inequity (compassion)....
Persistent link: https://www.econbiz.de/10011415111
To test and replicate the superstar effect reported by Brown (2011) we empirically study contests where a single … replication of Brown's (2011) study. Empirically, we find little robust evidence of the superstar effect in any of our datasets …. In our replication exercise, we approximate the findings of Brown (2011), however, we cannot reject the null that the …
Persistent link: https://www.econbiz.de/10011647661
In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are …
Persistent link: https://www.econbiz.de/10011391687