We study a repeated game model of an employment relationship in which the worker's outside option is endogenously determined by the strategic behavior of a second employer who also values the worker's services. We show that long-term employment relationships are much more difficult to sustain...

"The book is a key reading which provides a comprehensive and systematic overview of the contemporary Asian economy. The book focuses on the structural changes that are rapidly transforming the regional economic landscape in the 21st century. It highlights the concomitant challenges that have...

Labor mobility or professional service mobility, in particular, has become increasingly important. Its prevalence (in terms of volume of jobs) in trade in services and its economic contribution to the Asia-Pacific Economic Cooperation (APEC) and other regional trading blocs is increasing....