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Firm Size Distortions and the Productivity Distribution : Evidence from France
Garicano, Luis - 2013
framework incorporates such regulations into the Lucas (1978) model and applies this to France where many labor laws start to …
Persistent link: https://www.econbiz.de/10013085471
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Employment Fluctuations with Downward Wage Rigidity : The Role of Moral Hazard
Costain, James S. - 2009
This paper studies the cyclical dynamics of Mortensen and Pissarides' (1994) model of job creation and destruction when workers' effort is not perfectly observable, as in Shapiro and Stiglitz (1984). An occasionally-binding no-shirking constraint truncates the real wage distribution from below,...
Persistent link: https://www.econbiz.de/10013157042
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The Todaro Paradox Revisited
Zenou, Yves - 2005
The Todaro Paradox states that policies aimed at reducing urban unemployment are bound to backfire: they will raise rather than reduce urban unemployment. The aim of this paper is to reexamine this paradox in the context of efficiency wage and search-matching models. For that, we study a policy...
Persistent link: https://www.econbiz.de/10012784075
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Efficiency Wages in Cournot-Oligopoly
de Pinto, Marco - 2019
In a Cournot-oligopoly with free but costly entry and business stealing, output per firm is too low and the number of competitors excessive, assuming labor productivity to depend on the number of employees only or to be constant. However, a firm can raise the productivity of its workforce by...
Persistent link: https://www.econbiz.de/10012868832
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Are Shirking and Leisure Substitutable? An Empirical Test of Efficiency Wages Based on Urban Economic Theory
Ross, Stephen L. - 2014
Recent theoretical work has examined the spatial distribution of unemployment using the efficiency wage model as the mechanism by which unemployment arises in the urban economy. This paper extends the standard efficiency wage model in order to allow for behavioral substitution between leisure...
Persistent link: https://www.econbiz.de/10012751966
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An Efficiency-Wage Model with Habit Concerns About Wages
Goerke, Laszlo - 2020
We analyse the implications of habit formation relating to wages in a multi-period efficiency-wage model. If employees have such preferences, their existence provides firms with incentives to raise wages and reduce employment over time. Greater intensity does not necessarily have the same...
Persistent link: https://www.econbiz.de/10012828605
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Anonymity, Efficiency Wages and Technological Progress
Broadberry, Stephen N. - 2015
Although the Industrial Revolution is often characterized as the culmination of a process of commercialisation, the precise nature of such a link remains unclear. This paper models and analyzes such link: the role of commercialisation in raising efficiency wages as impersonal and anonymous...
Persistent link: https://www.econbiz.de/10013029125
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The Effects of Firm Size on Job Quality : A Comparative Study for Britain and France
Bryson, Alex - 2017
-pecuniary job quality and workplace characteristics in Britain and France – countries with very different employment regimes. The … results show that job quality is better in Britain than it is in France, despite its minimalist regulatory regime. The … associated with non-pecuniary job quality in both countries but in France the association is confined to only the largest firms …
Persistent link: https://www.econbiz.de/10012959061
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The Formal Sector Wage Premium and Firm Size for Self-Employed Workers
Bargain, Olivier - 2012
We develop a model where formal sector firms pay tax and informal ones do not, but informal firms risk incurring the penalty associated with non-compliance. Workers may enter self-employment or search for jobs as employees. Workers with higher managerial skills will run larger firms while...
Persistent link: https://www.econbiz.de/10013104959
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Firm Size Distribution and Employment Fluctuations : Theory and Evidence
Görg, Holger - 2016
relationship between industry-level employment and output. Our empirical results align with the predictions of the theory and …
Persistent link: https://www.econbiz.de/10012978946