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-level activities, size-wise as well as state-wise, thereby creating some sort of inequality. Moreover, we also show that the aggregate …
Persistent link: https://www.econbiz.de/10010465456
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10010262404
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10011339102
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …
Persistent link: https://www.econbiz.de/10010264089
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …
Persistent link: https://www.econbiz.de/10012773601
mineral wealth on local crime levels in South Africa --- leveraging detailed crime data from 1,084 police precincts over 10 … cost of engaging in criminal activity. Consistent with this we also document that results are driven by property crime and … mineral prices can cause surges in crime. To investigate how resilience against such surges can be achieved, we exploit the …
Persistent link: https://www.econbiz.de/10012902670
between crime and inequality, and the curse of natural resources; it predicts that aid in kind to war-ridden societies will … social conflict. We see conflict phenomena such as crime and civil war as involving resource appropriation activities. We …
Persistent link: https://www.econbiz.de/10014069582
We analyse property crime in an economy composed of a large number of heterogeneous individuals who need to protect … themselves. The crime equilibrium is modeled as a free-access equilibrium in which the match between criminals and victims … equates the average returns to crime. The supply and toleration for crime are endogenized taking into account incentives to …
Persistent link: https://www.econbiz.de/10014082705
In oligopolistic industries that are unionised and may be affected by offshoring, falling offshoring costs have a moderating effect on trade unions. They will accept lower sector wages in order to discourage mobile forms from leaving the country. Since such wages are independent of the workers'...
Persistent link: https://www.econbiz.de/10010299971
In oligopolistic industries, increased cost saving opportunities via offshoring have a moderating effect on trade unions. In order to discourage mobile firms from leaving the country, unions accept lower sector wages. In effect, the negotiated wage becomes independent of workers' bargaining...
Persistent link: https://www.econbiz.de/10010270554