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A product market theory of worker training
Gersbach, Hans; Schmutzler, Armin - 2004 - revised: February 2004
We develop a product market theory that explains why firms invest in general training of their workers. We consider a … employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …
Persistent link: https://www.econbiz.de/10011402873
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A product market theory of training and turnover in firms
Gersbach, Hans; Schmutzler, Armin - 2001
We develop a product market theory that explains why firms invest in general training of their workers. We consider a … employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …
Persistent link: https://www.econbiz.de/10001610642
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A Product Market Theory of Worker Training
Gersbach, Hans; Schutzler, Armin - 2001
We develop a product market theory that explains why firms invest in general training of their workers. We consider a … employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …
Persistent link: https://www.econbiz.de/10010262533
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Globalization and general worker training
Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2004 - [Elektronische Ressource]
-enhancing worker training before Cournot competition takes place. When two separated product markets become integrated and are thus … integration has no effect on training incentives. -- general training ; human capital ; oligopoly ; turnover …
Persistent link: https://www.econbiz.de/10001957223
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Taxes or subsidies in self-financing environmental mechanisms?
Breitscheidel, Jörg; Gersbach, Hans - 2002
Persistent link: https://www.econbiz.de/10013429693
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Debt contracts, collapse and regulation as competition phenomena
Gersbach, Hans; Uhlig, Harald - 1998
Persistent link: https://www.econbiz.de/10000978176
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Product market competition, unemployment and income disparities
Gersbach, Hans - In: Weltwirtschaftliches Archiv : Zeitschrift des Instituts … 135 (1999) 2, pp. 221-240
Persistent link: https://www.econbiz.de/10001388933
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The effect of higher re-election hurdles and costs of policy change on political polarization
Gersbach, Hans; Muller, Philippe; Tejada, Oriol - 2016
Persistent link: https://www.econbiz.de/10011524508
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Product market reforms and unemployment in Europe
Gersbach, Hans; Schniewind, Achim - 2001
In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are …
Persistent link: https://www.econbiz.de/10011391687
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Exit and power in general equilibrium
Gersbach, Hans; Haller, Hans - 2008
We integrate individual power in groups into general equilibrium models. The relationship between group formation, resource allocation, and the power of specific individuals or particular sociological groups is investigated. We introduce, via an illustrative example, three appealing concepts of...
Persistent link: https://www.econbiz.de/10010484493