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Supply and Demand, Allocation and Wage Inequality: An International Comparison

Dupuy, Arnaud; Borghans, Lex - 2003

In this paper, we develop an allocation model of workers differentiated by their field of study to test whether … model explicitly takes into account the effects of supply and demand shifts on the allocation structure to disentangle …

Persistent link: https://www.econbiz.de/10010261618

How unjust! An experimental investigation of supervisors' evaluation errors and agents' incentives

Marchegiani, Lucia; Reggiani, Tommaso; Rizzolli, Matteo - 2011

In our simple model the supervisor: i) cannot observe the agent's effort; ii) aims at inducing the agent to exert high effort; but iii) can only offer rewards based on performance. Since performance is only stochastically related to effort, evaluation errors may occur. In particular, deserving...

Persistent link: https://www.econbiz.de/10010282338

Performance measurement, expectancy and agency theory: an experimental study

Sloof, Randolph; van Praag, C. Mirjam - 2007

Theoretical analyses of (optimal) performance measures are typically performed within the realm of the linear agency model. This model implies that, for a given compensation scheme, the agent's optimal effort is unrelated to the amount of noise in the performance measure. In contrast, expectancy...

Persistent link: https://www.econbiz.de/10010276316

Economic Reforms and Productivity-Enhancing Reallocation in the Post-Soviet Transition

Brown, J. David; Earle, John S. - 2004

How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This paper studies the consequences of enterprise privatization and liberalization of product markets, labor markets, and imports in the former Soviet Republics of Russia and Ukraine....

Persistent link: https://www.econbiz.de/10010261809

Contests, NGOs and decentralizing aid

Epstein, Gil S.; Gang, Ira N. - 2005

compare the implications of a centralized allocation process with a decentralized allocation process with nongovernmental …

Persistent link: https://www.econbiz.de/10010267360

How does financial globalization affect risk sharing? Patterns and channels

Kose, M. Ayhan; Prasad, Eswar S.; Terrones, Marco E. - 2007

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...

Persistent link: https://www.econbiz.de/10010268195

Migration, the quality of the labour force and economic inequality

Kahanec, Martin; Zimmermann, Klaus F. - 2008

efficient allocation of resources. Besides these effects on allocative efficiency, migrant flows affect relative wages and also …

Persistent link: https://www.econbiz.de/10010268676

Welfare in models of trade with heterogeneous firms

Janiak, Alexandre - 2008

I illustrate that the welfare improvement property of the Melitz model is due to the shape of the aggregate labor demand curve, which slopes upwards. By slightly changing some assumptions in the model, this curve may have a negative slope. In this case, increases in aggregate productivity result...

Persistent link: https://www.econbiz.de/10010269321

A new model for equitable and efficient resource allocation to schools: the Israeli case

BenDavid-Hadar, Iris; Ziderman, Adrian - 2010

This paper sets out a new budget allocation formula for schools, designed to achieve a more equitable distribution of … educational achievement. In addition to needs-based elements, the suggested composite allocation formula includes an improvement … in the Educational Achievement Distribution, or IEAD). The development of the budget allocation formula is demonstrated …

Persistent link: https://www.econbiz.de/10010269487

Labor market adjustments after a large import shock: evidence from the German clothing industry and the multi-fibre arrangement

Braakmann, Nils; Wagner, Joachim - 2009

This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level...

Persistent link: https://www.econbiz.de/10010269526