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Can job competition prevent hold-ups?
Jansen, Marcel (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001893839
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Delegation of authority as an optimal (in)complete contract
Roider, Andreas (contributor) - 2004 - [Elektronische Ressource]
consider a hold-up framework where both parties profit from an investment that raises the value of an asset. Delegation turns …) decisions have no investment-independent effect. If overinvestment might be an issue, delegation, however, with restricted …
Persistent link: https://www.econbiz.de/10002352332
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Life expectancy and the environment
Mariani, Fabio; Pérez-Barahona, Agustín; Raffin, Natacha - 2009
We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may invest in environmental care, depending on how much they expect to live. In turn, environmental conditions affect life expectancy. As a result, our model produces a positive...
Persistent link: https://www.econbiz.de/10003918946
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Oligopoly and outsourcing
Bandyopadhyay, Subhayu (contributor);  … - 2005
sectors. -- outsourcing ; oligopoly ; minimum wage …
Persistent link: https://www.econbiz.de/10003227215
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Labor market power and development
Armangué-Jubert, Tristany; Guner, Nezih; Ruggieri, … - 2023
Imperfect competition in labor markets can lead to efficiency losses and lower aggregate output. In this paper, we study whether differences in competitiveness of labor markets can help explain differences in GDP per capita across countries. We structurally estimate a model of oligopsony with...
Persistent link: https://www.econbiz.de/10014394242
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Modeling financial incentives to get unemployed back to work
Boone, Jan; Ours, Jan C. van - 2000
We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job search guidelines - affect unemployment. In our analysis we find that not only micro effects concerning the behavior of individual unemployed workers are relevant, but also...
Persistent link: https://www.econbiz.de/10011318597
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Payment for ecosystem services from forests
Alix Garcia, Jennifer M.; Wolff, Hendrik - 2014
. This paper reviews the theory and evidence surrounding forest-related Payment for Ecosystem Services (PES) schemes intended …
Persistent link: https://www.econbiz.de/10010356967
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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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Greenhouse gas mitigation and price-driven growth in a Solow-Swan economy with an environmental limit
Burda, Michael C.; Zessner-Spitzenberg, Leopold - 2024
The existence of an environmental limit in the Solow-Swan economy changes the nature of economic growth, but does not preclude it. When atmospheric greenhouse gases reach a predetermined absolute threshold, further growth requires a permanently expanding, resource-intensive mitigation effort. If...
Persistent link: https://www.econbiz.de/10014464116
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Migration, capital formation, and house prices
Grossmann, Volker; Schäfer, Andreas; Steger, Thomas M. - 2013
We investigate the effects of interregional labor market integration in a two-sector, overlapping-generations model with land-intensive production in the non-tradable goods sector (housing). To capture the response to migration on housing supply, capital formation is endogenous, assuming that...
Persistent link: https://www.econbiz.de/10009717256