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centralizing operations, which weakens incentives. Property rights may be weak: talent may leave and develop the project elsewhere … some centralization, eschewing first-best effort incentives. Moreover, whenever the corporation finances, it is socially …
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crowding out due to low-powered incentives. High-powered incentives in the workplace tend to increase output, but it is unknown … also extends to high-powered incentives, in a real work setting with paid workers. There is individual heterogeneity …
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Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
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Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003873325
Qualifikation kontrastieren mit einem Markt vollständiger Konkurrenz bei den Hochqualifizierten. Sowohl die flexible …
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