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This paper formalizes the use of flexible labor contracts in an efficiency wage framework and derives market dualism as an endogenous outcome. By allowing temporary contracts to be either renewed or converted into permanent contracts, new theoretical insights emerge both on the equilibrium wage...
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I present a theory of assimilation in a heterogeneous society composed of two groups with distinct social norms and unequal statuses. Members of the group with a relatively disadvantaged status face an incentive to assimilate, embracing the norms of the more advantaged group. The cost of...
Persistent link: https://www.econbiz.de/10013038647
By asking the question, whether the effective social services to a particular enterprise, whether it requires a transformation, rather - purchased services or social development of their own social needs specific indicator of volume of social spending. To form such an indicator in the article is...
Persistent link: https://www.econbiz.de/10012940886
Many distributive issues involve situations in which initial characteristics make individuals unequal. In view of prevailing moral sentiments, some of these characteristics call for compensating transfers, and some do not. We study the literature on this problem of compensation. This literature...
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In Dobbs v. Jackson Women’s Health Organization, the Supreme Court is currently considering a Mississippi law that prohibits nearly all abortions after the 15th week of pregnancy, in direct contradiction to the holding in Roe v. Wade. Among the many arguments raised in Dobbs in an attempt to...
Persistent link: https://www.econbiz.de/10013298219
Thanks to standardized work protocol and technology of McDonald's restaurants, the hourly wage of McDonald's Basic Crew enables wage comparisons under near-identical skill inputs and hedonic job conditions. McWages capture labor costs in entry-level jobs, while the Big Macs (earned) Per Hour...
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