The paper seeks to investigate the relationship between job (in)security in the public sector and workers' self-selection between the private and public sector. Using data from the Italian Labour Force Survey for the years 2005-13, I show that a higher incidence of fixed-term contracts in the...

The paper assesses the global effects of brain drain on developing economies and quantifies the relative sizes of various static and dynamic impacts. By constructing a unified generic framework characterized by overlapping-generations dynamics and calibrated to real data, this study incorporates...

We study the effect of spatial inequality on economic activity. Given that the relationship is highly simultaneous in nature, we use exogenous variation in geographic features to construct an instrument for spatial inequality, which is independent from any man-made factors. Inequality measures...

We analyze the effects of lower bounds on wages, e.g., minimum wages or liability limits, on job design within firms. In our model, two tasks contribute to non-veriable firm value and affect an imperfect performance measure. The tasks can be assigned to either one or two agents. In the absence...

Wenngleich die genaue Zahl der mittelständischen Unternehmen in Deutschland durchaus umstritten ist, so wird doch auf jeden Fall zunächst einmal der Handlungsbedarf im Bereich der Unternehmensnachfolge deutlich. Denn nahezu jede Übernahme eines bestehenden Unternehmens erfordert ein...