This paper proposes and tests empirically a model of optimal job search using novel data on job seeking strategies of participants in the labor market for MBA graduates. Theoretically and empirically I find that the breadth of search that workers conduct depends on their ability, outside option,...

Economic development presumes not only the existence of formal institutions such as property rights and the rule of law under which behave economic agents, but also certain norms or social values that promote exchange, savings and investments. In this context, we discuss cultural dimension of...

This publication was produced by a job on a bilateral basis within the project MEC-LAB: "The new frontiers of automation - training days for employees seniors”. This work has allowed a theoretical study and moments of reflection on skills, negotiation, career plans, highlighting the centrality...

In most promotion and hiring situations several agents compete for a limited number of attractive positions, assigned on the basis of the agents' relative reputations. Economic theory predicts that agents' effort incentives in such contests depend non-monotonically on their anticipated winning...

There is considerable and widespread concern about whether CEOs are appropriately punished for poor performance. The empirical literature on CEO turnover documents that CEOs are indeed more likely to be forced out if their performance is poor relative to the industry average. However, CEOs are...

Drawing on insights from corporate finance and personnel economics, we show that firms consider potential employees using a real options approach, much as they do when making other types of capital investment decisions. Theoretically we find that firms’ hiring decisions are influenced by the...

The purpose of this paper is the discussion of non-financial performance measures that can be adopted in the management accounting function of business organisations. The study is important because it shows how organisational focus on non-financial measures can substantially enhance...

“Comparable Worth” represents the concept that men, women, minorities, and whites should receive equal pay for work of equal value from their employer. Much research and many articles have been written in regards to overall pay inequities between men and women; however information regarding...

The role of teachers involved is very important for an individualised education plan (IEP) to serve its purpose to children with special needs. This is because they are engaged directly in the programme's implementation and in determining the children's learning. Additionally, the role would...

This paper considers an economy with skilled agents exchanging their services. Using Cobb-Douglas preferences, the paper shows that there exists an optimal (average welfare maximizing) skills' distribution. This optimal distribution is independent of productivity and is welfare equalizing. If...