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An analysis of labour adjustment costs in unionized economies
Modesto, Leonor; Thomas, Jonathan P. - 2000
In this paper we conduct a theoretical analysis of the implications of a union which can exploit the existence of firm labour adjustment costs. We consider a model involving a large number of identical firms facing a single, economy-wide union. We solve (i) for the Markov perfect equilibria with...
Persistent link: https://www.econbiz.de/10011339692
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Envy and compassion in tournaments
Grund, Christian; Sliwka, Dirk - 2002
than purely self-interested agents for a given prize structure. Contrary to standard tournament theory first-best efforts …
Persistent link: https://www.econbiz.de/10011415111
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Take a chance on ABBA
Cohen-Zada, Danny; Krumer, Alex; Shapir, Offer Moshe - 2017
The order of actions in contests may generate different psychological effects which, in turn, may influence contestants' probabilities to win. The Prouhet-Thue-Morse sequence in which the first 'n' moves is the exact mirror image of the next 'n' moves should theoretically terminate any advantage...
Persistent link: https://www.econbiz.de/10011704206
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Is strong reciprocity a maladaptation? : On the evolutionary foundations of human altruism
Fehr, Ernst (contributor); Henrich, Joseph (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001731004
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Can active labor market policy be counter-productive?
Saint-Paul, Gilles - 2014
We study active labor market policies (ALMP) in a matching model. ALMPs are modelled as a subsidy to job search …
Persistent link: https://www.econbiz.de/10010418002
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Do workers really benefit from their social networks?
Fontaine, François (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002344919
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Efficiency in a matching model with heterogeneous agents : too many good or bad jobs?
Blázquez, Maite (contributor); Jansen, Marcel (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001876886
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Education and the welfare gains from employment protection
Charlot, Olivier; Malherbet, Franck - 2010
to schooling and aggregate welfare. -- Human capital ; job destruction ; matching frictions ; efficiency …
Persistent link: https://www.econbiz.de/10003941789
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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
Persistent link: https://www.econbiz.de/10003832116
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Centralized wage determination and regional unemployment differences : the case of Italy
Caponi, Vincenzo (contributor) - 2008
equilibrium matching model, explain the high unemployment rate in the South and, perhaps more interestingly, the low unemployment …
Persistent link: https://www.econbiz.de/10003737637