In this paper we examine the possibilities a principal in a public organization has to motivate agents for productivity … budgets and tasks across agents depending on the extent of productivity improvements revealed by each agent. We first show … schemes assigning tasks to agents who do not participate in the productivity improvement exercise …

In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are … able to complement labor market reforms. We use a simple general equilibrium model with different types of labor. The … bottom-line of the paper is that product market reforms will help to reduce aggregate unemployment under many circumstances …