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Adam Smith alleged that secret employer collusion to reduce labor earnings is common. This paper examines an important case of such behavior: no-poach agreements through which technology companies agreed not to compete for each other's workers. Exploiting the plausibly random timing of a US...
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productivity, and firms with low productivities exit the market. This reduces the monopsony distortion present in autarky, where … other hand gives firms additional scope for exercising their monopsony power by reducing their domestic size, and as a …
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Indian youth is attracted globally for the existence of human capital when compared to other countries in the world. When our India wants to become human capital in India as well in abroad, they have acquire build develop a strong skills required for employability in the corporate as well as in...
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