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Holdup in oligopsonistic labour markets : a new role for the minimum wage
Kaas, Leo (contributor); Madden, Paul (contributor) - 2006
competitors. Because workers participate in the returns on investment while only firms bear the costs, investment is inefficiently … low. A binding minimum wage can achieve the first--best level of investment, both in the short run for a given number of … firms and in the long run when the number of firms is endogenous. -- holdup ; investment ; minimum wage …
Persistent link: https://www.econbiz.de/10003301661
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An evaluation of the employment effects of barriers to outsourcing
Bandyopadhyay, Subhayu; Marjit, Sugata; Yang, Lei - 2011
Barriers to outsourcing that are being currently implemented in the US effectively tax its companies who "export" jobs through outsourcing. The objective is to raise domestic employment. Given that many of the important international markets where the US has a comparative advantage feature...
Persistent link: https://www.econbiz.de/10009124754
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A reevaluation of the role of family in immigrants' labor market activity : evidence from a comparison of single and married immigrants
Cohen-Goldner, Sarit; Gotlibovski, Chemi; Kahana, Nava - 2009
Previous papers tested the validity of the Family Investment Hypothesis (FIH) among immigrants by comparing the labor … credit constraints are binding, then only married immigrants can cross-finance their investment within the family. In order … to a rejection of the FIH in both countries. -- Family investment model ; labor supply …
Persistent link: https://www.econbiz.de/10003847131
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Partial insurance and investments in children
Carneiro, Pedro; Ginja, Rita - 2015
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use panel data on family income, and an index of investments in children in time and goods, from the Children of the National Longitudinal Survey of Youth. Consistent with the...
Persistent link: https://www.econbiz.de/10010510508
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Firm heterogeneity in capital, labor ratios and wage inequality
Leonardi, Marco (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001808404
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Unemployment, growth and fiscal policy : new insights on the hysteresis hypothesis
Raurich-Puigdevall, Xavier (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002035720
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Labor and the market value of the firm
Merz, Monika (contributor); Yashiv, Eran (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001876629
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A product market theory of worker training
Gersbach, Hans; Schmutzler, Armin - 2004 - revised: February 2004
We develop a product market theory that explains why firms invest in general training of their workers. We consider a …
Persistent link: https://www.econbiz.de/10011402873
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Efficiency wages in Cournot-oligopoly
De Pinto, Marco; Goerke, Laszlo - 2019
In a Cournot-oligopoly with free but costly entry and business stealing, output per firm is too low and the number of … distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …
Persistent link: https://www.econbiz.de/10012015904
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National champion versus foreign takeover
Südekum, Jens (contributor) - 2007
We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may not be prone to "economic patriotism". A...
Persistent link: https://www.econbiz.de/10003597575