This paper uses efficiency wage theory and the existence of community-based sharing to hypothesize that labor markets in developing countries have multiple equilibria - the same economy can be stuck at different levels of unemployment with different levels of wages. The model is meant for...

We evaluate the information content of admission conditions for study programs quality by investigating its relationship with graduates employability. We find that study programs with larger numeri clausi are associated with a higher probability of finding a job. Additionally, compulsory...

Employers who use temporary agency staff in contrast to regular staff are not affected byemployment protection regulations when terminating a job. Therefore, services providedby temporary work agencies may be seen as a substitute for regular employment. In thispaper, we analyze the effects of...