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Using micro-data on small- and medium-sized enterprises, this paper empirically investigates the “signalling hypothesis …
Persistent link: https://www.econbiz.de/10010988554
We follow Brodaty et al. (2008) and develop a model within the signalling literature where an employer decides whether … signalling effect of individual and institutional quality of study on individual horizontal match quality. First, based on a …
Persistent link: https://www.econbiz.de/10010990942
this gap? Economic theory offers two contrary theories: human capital and signalling. Both theories claim a positive … to determine which theory better explains the observed wage gap, we use the so-called Bologna-Reform (the process of … restructuring from diplom- to bachelor-graduates) as a quasi- experimental setting. Our study shows that signalling effects are …
Persistent link: https://www.econbiz.de/10010883367
We analyse and compare individual beliefs about the effects of competition and their evolution over time in transition economies and experienced market economies. At the onset of transition, competition beliefs in transition countries are far more positive than in market economies. Over time,...
Persistent link: https://www.econbiz.de/10010956161
Two firms produce a product with a horizontal and a vertical characteristic that we call quality. The difference in the quality levels determines how the firms share the market. Consumers do not observe quality before purchase. Under non-comparative advertising a firm signals its own quality,...
Persistent link: https://www.econbiz.de/10010957297
This paper jointly analyses the consequences of adverse selection and signalling on entry wages of skilled employees …
Persistent link: https://www.econbiz.de/10010957705
environmental innovators can generate higher financial performance by signalling their environmental engagement through CSR. For … true for other types of CSR signalling environmental engagement. …
Persistent link: https://www.econbiz.de/10011212006
education simply reflects the ability of the worker (through a signalling role). In this paper we describe and implement, using …. We find little support for signalling ideas in these tests. However, we have severe reservations about these results …
Persistent link: https://www.econbiz.de/10011269226
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...
Persistent link: https://www.econbiz.de/10011279266
types of signalling equilibria are possible. Both are characterised by dispersion and Pareto-inefficiency of the price …
Persistent link: https://www.econbiz.de/10011255624