Ob die Marktform des Monopsons am Arbeitsmarkt vorliegt, ist fur die Frage des Für oder Wider des Mindestlohns von essentieller Bedeutung. Denn in der kurzfristigen Analyse kann, insofern monopsonistische beziehungsweise oligopsonistische Strukturen am Arbeitsmarkt nachgewiesen werden, die...

We consider a labour market model of oligopsonistic wage competition and show that there is a holdup problem although workers do not have any bargaining power. When a firm invests more, it pays a higher wage in order to attract workers from competitors. Because workers participate in the returns...

This article considers the social desirability of prison work programs in a model in which the function of imprisonment is to deter crime. Two types of prison work programs are studied — voluntary ones and mandatory ones. A voluntary work program is socially beneficial: if prisoners are paid a...

This study argues that aggregate demand management policies alone (which have traditionally been used to stabilize economies) may not be effective in the current crisis and argues that they should instead be implemented alongside labor market policies such as work sharing programs.The use of...

This paper evaluates critically whether the cross-national variations in the size of the informal economy are the result of: under-development (a modernisation perspective); high taxes, corruption and state interference (neo-liberal perspective), or inadequate state intervention to protect...

This paper identifies types of tax evaders and explores their divergent motivations for evading taxation. The data derives from two large-scale population surveys conducted in 2008 and 2012 in Hungary. Cluster analysis captured two distinct types of tax evaders: 1) poverty escape-type and 2)...

The article deals with the current state of the labor market, which is characterized by such problems as: The structural imbalance of the labor market; lack of skilled workforce; the aging of workforce; youth unemployment; the low rate of productive jobs; employers' non-compliance with applicants'...

This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers' abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into profits. Monopsony power increases the tax...

This paper studies the implications of monopsony power for optimal income taxation and welfare. Firms observe workers’ abilities while the government does not and monopsony power determines what share of the labor market surplus is translated into profits. Monopsony power increases the tax...

Despite gains in female representation in early career stages, large gender gaps persist atthe higher ends of the income distribution. This paper uses an experiment to study whetheraffirmative action, which has been used mainly in early career stages, could have a hiddencost. Specifically, by...