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We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of the materials sourcing decisions of heterogeneous...
Persistent link: https://www.econbiz.de/10003937886
This paper explores how value-chain governance affects the innovation performance of suppliers of intermediate products. We take advantage of a unique dataset of Italian firms to identify governance regimes along suppliers’ technological capabilities and the level of explicit coordination in...
Persistent link: https://www.econbiz.de/10012517678
Most contracts that individuals enter into are not written from scratch; rather, they depend upon forms and terms that … have been successful in the past. In this paper, we study the structure of form construction contracts published by the … American Institute of Architects (AIA). We show that these contracts are an efficient solution to the problem of procuring …
Persistent link: https://www.econbiz.de/10003323165
incentives …
Persistent link: https://www.econbiz.de/10003392741
the economics literature on contract. The title, Contracts between Legal Persons, limits the review to that part of … ; contract theory ; incomplete contracts …Contract law and the economics of contract have, for the most part, developed independently of each other. In this …
Persistent link: https://www.econbiz.de/10009312933
We present a wage-hours contract designed to minimize costly job turnover given investments in on the job training …
Persistent link: https://www.econbiz.de/10009788790
of an efficiency loss. Efficiency can be restored through suitably designed marriage contracts because they can provide …) use of marriage is affected by the possibility of divorce. -- post-marital education ; marriage contract ; divorce …
Persistent link: https://www.econbiz.de/10009674949
We propose a model to evaluate the U.K.'s zero-hours contract (ZHC) - a contract that exempts employers from the … creation, substitution effects - some jobs that are otherwise viable under regular contracts are advertised as ZHCs - are …
Persistent link: https://www.econbiz.de/10012803713
contract duration, exploiting a Dutch policy reform that shortened the maximum duration of sequences of temporary contracts …Temporary employment contracts are often regarded as 'stepping stones' for workers' careers, because they can help … inexperienced workers secure a permanent contract. Our study evaluates whether this stepping-stone function is moderated by the …
Persistent link: https://www.econbiz.de/10013274412
front-loaded contracts respond to newly mandated portability requirements of their old-age provisions. To foster competition …
Persistent link: https://www.econbiz.de/10011703964