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On the dynamics of unemployment and wage distributions
Robin, Jean-Marc - 2010
Postel-Vinay and Robin' (2002) sequential auction model is extended to allow for aggregate productivity shocks. Workers exhibit permanent differences in ability while firms are identical. Negative aggregate productivity shocks induce job destruction by driving the surplus of matches with low...
Persistent link: https://www.econbiz.de/10010288390
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Unions, efficiency wages, and unemployment
Wapler, Rüdiger - 2001
This paper develops a dynamic general equilibrium dual labour market model which incorporates both efficiency wages and union bargaining with monopolistically competitive firms. In one sector, a traditional sector produces a homogeneous good and firms face perfect competition on the product...
Persistent link: https://www.econbiz.de/10010305040
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The European Labour Markets - Wage Norms in Europe - A Curse or Blessing?
Andersen, Torben - In: CESifo Forum 05 (2004) 1, pp. 31-33
Persistent link: https://www.econbiz.de/10011695748
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Tax Evasion in a Unionised Economy
Goerke, Laszlo - 2001
In a unionised labour market, a substitution of a payroll for an income tax will not alter employment if tax obligations are fulfilled. However, if workers or firms can evade taxes this irrelevance result might no longer apply. This will especially be the case if the fine for tax evasion depends...
Persistent link: https://www.econbiz.de/10010262587
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Labor market integration of migrants: Hidden costs and benefits in two-tier welfare states
König, Jan; Skupnik, Christoph - 2012
We apply a monopoly trade union model and analyze employment, wage and budgetary effects of (i) an inflow of migrant workers and (ii) an increase in the labor market participation rate of migrants. Per assumption, natives and migrants solely differ with respect to the level of benefit claims in...
Persistent link: https://www.econbiz.de/10010308294
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The characteristics of international trade union competition
Lorz, Jens Oliver - 1993
Persistent link: https://www.econbiz.de/10010275460
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Employment effects of centralization in wage setting in a median voter model
Ludsteck, Johannes - 2006
Most models on centralization in wage setting rest on the assumption of identical firms. This stands in sharp contrast to informal statements against centralization wich rest on the argument that firms are heterogenous and that equal treatment of firms by unions must therefore be ineffcient. We...
Persistent link: https://www.econbiz.de/10010266825
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The New Basel Accord and the Nature of Risk: A Game Theoretic Perspective
Siebe, Wilfried; Milde, Hellmuth; Broll, Udo; Bieta, Volker - 2007
– game theory is a useful set of tools for better understanding different risk settings. Embedded in a short history of the … Basel Accord in this article we introduce some basic ideas of game theory in the context of rating procedures in accordance … with Basel II. As well, some insight is given how game theory works. Here, the primary value of game theory stems from its …
Persistent link: https://www.econbiz.de/10010296819
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To Help or not to Help: The Samaritan's Dilemma Revisited
Schmidtchen, Dieter - 1999
Helping somebody may undermine his incentives to work. What Buchanan identified more than 25 years ago as the Samaritan's dilemma is basically a time-inconsistency problem. The paper discusses possible solutions of the dilemma such as punishment within an iterated game, reshaping the game in the...
Persistent link: https://www.econbiz.de/10010296908
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Product innovation and product innovation marketing: theory and microeconometric evidence
Kaiser, Ulrich - 2001
This paper derives a three stage Cournot?oligopoly game for product innovation, expenditure on introducing the product and competition on the product market. Product innovation is assumed to increase consumer utility but is effective only if the innovating firm invests in marketing, so that...
Persistent link: https://www.econbiz.de/10010297768