Narrow search
Showing 1 - 10 of 21,844
Cover Image
Cash-in-advance constraint on R&D in a Schumpeterian growth model with an endogenous market structure
Huang, Chienyu; Chang, Juin-jen; Ji, Lei - 2013
Persistent link: https://www.econbiz.de/10009791653
Cover Image
Sticky Prices, Coordination and Collusion
Driscoll, John C. - 1999
New Keynesian models of price setting under monopolistic competition involve two kinds of inefficiency: the price level is too high because firms ignore an aggregate demand externality, and when there are costs of changing prices, price stickiness may be an equilibrium response to changes in...
Persistent link: https://www.econbiz.de/10012471622
Cover Image
Sticky Prices, Coordination and Collusion
Driscoll, John C.; Ito, Harumi - 2021
New Keynesian models of price setting under monopolistic competition involve two kinds of inefficiency: the price level is too high because firms ignore an aggregate demand externality, and when there are costs of changing prices, price stickiness may be an equilibrium response to changes in...
Persistent link: https://www.econbiz.de/10013249355
Cover Image
Could transaction-based financial benchmarks be susceptible to collusive behavior?
Muchimba, Lilian - In: Journal of economic issues 56 (2022) 2, pp. 362-370
Persistent link: https://www.econbiz.de/10013539086
Cover Image
Monetary incentives, what are they good for?
Read, Daniel - In: The journal of economic methodology 12 (2005) 2, pp. 265-276
Persistent link: https://www.econbiz.de/10002896225
Cover Image
Monetary and Social Incentives in Multi-Tasking : The Ranking Substitution Effect
Stefan, Matthias - 2020
Rankings are prevalent information and incentive tools in labor markets with strong competition for talent. In a dynamic model of multi-tasking and an accompanying experiment with financial professionals, we identify hidden ranking costs when performance in one task is incentivized and ranked...
Persistent link: https://www.econbiz.de/10012833599
Cover Image
Monetary and Non-Monetary Incentives in Real-Effort Tournaments
Erkal, Nisvan - 2019
incentives and effort provision. To examine this issue, we design three experiments where subjects participate in two-player real …-effort tournaments with two prizes. Experiment 1 shows that subjects exert high effort even if there are no monetary incentives …, suggesting that non-monetary incentives are contributing to their effort choices. Moreover, increasing monetary incentives does …
Persistent link: https://www.econbiz.de/10012901088
Cover Image
The Monetary System of the Well-Ordered Society
Schmerzeck, Georg - 2020
Monetary systems are elementary social institutions but have rarely been studied by contemporary political philosophers. The burgeoning economic literature on monetary systems, on the other hand, is hardly ever informed by philosophical considerations. This article provides a step towards...
Persistent link: https://www.econbiz.de/10012826515
Cover Image
The Break of the Linkage between Monetary Incentives and Effort
Malul, Miki - 2016
The average worker in the US needs to work more than a year to earn his or her CEO's daily wage. The well-accepted justification among economists for these huge wage gaps is the necessity to achieve economic efficiency, in terms of efficient allocation in the labor market and incentivizing...
Persistent link: https://www.econbiz.de/10012988016
Cover Image
Role of Monetary Incentives in the Digital and Physical Inter-Border Labor Flows
Gong, Jing - 2018
monetary incentives. We use a unique data set containing information on digital labor flows from a major global online labor … of econometric identification: a depreciation of a country's currency against the U.S. dollar increases the incentives of … model, we find that monetary incentives induced by depreciations of foreign currencies against the U.S. dollar are …
Persistent link: https://www.econbiz.de/10012918510