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Equilibrium wage arrears : a theoretical and empirical analysis of institutional lock-in
Earle, John S.; Sabirianova Peter, Klara - 2000
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
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Switching models with self-selection : self-employment in Hungary
Gang, Ira N.; Co, Catherine Yap; Yun, Myeong-Su - 1999
transition from socialism to greater market orientation. We adopt a (full information) MLE methodology in addition to Heckman …
Persistent link: https://www.econbiz.de/10011577307
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When opportunity knocks: confronting theory and empirics about dynamics of gender wage inequality
Tyrowicz, Joanna; Van der Velde, Lucas - 2021
structural shocks in the labor markets, using several decades of individual data for a wide selection of transition countries. We … find that for cohorts who entered the labor market after the onset of transition. Labor market shocks lead to significant … market during the transition. By contrast, we fail to find any significant relation for cohorts already active in the labor …
Persistent link: https://www.econbiz.de/10012415093
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Pulls, pushes and entitlement failures in labor markets : does the state of development matter?
Bhaumik, Sumon Kumar (contributor);  … - 2006
; entitlement failures ; transition economies , Bulgaria ; institutional change …
Persistent link: https://www.econbiz.de/10003355652
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The impact of food price shock on heterogenous credit constrained firms
Ciaian, Pavel; Kancs, D'Artis - 2008
credit market imperfections in the CEE transition countries. Using the FADN farm level panel data, which contains 37416 … transition and developing countries are more credit constrained than farms in developed market economies, raising food prices may …
Persistent link: https://www.econbiz.de/10011523447
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Capital and innovation aggregation with environmental pressure : an optimal evolution
Dai, Feng; Wu, Songtao; Liang, Ling - In: Cogent economics & finance 2 (2014) 1, pp. 1-16
Based on the advance-retreat course model, a growth model under environmental pressure, this paper builds an economic growth model that focuses on the aggregation of capital and innovation with environmental pressure. Importantly, the paper presents methods for computing the optimal quantity of...
Persistent link: https://www.econbiz.de/10010490429
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The analytics of seasonal migration
Stark, Oded (contributor); Fan, Chengze Simon (contributor) - 2006
A framework that yields different possible patterns of migration as optimal solutions to a simple utility maximization problem is presented and explored. It is shown that seasonal migration arises as an optimal endogenous response to a comparison of costs (of living and of separation) and...
Persistent link: https://www.econbiz.de/10003737411
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What kind of shock was it? : regional integration and structural change in Germany after unification
Burda, Michael C. (contributor) - 2006
Eastern Germany's recovery from the "unification shock" has been characterized by deep structural change - with apparent repercussions for the West as well - and an integration process involving both capital deepening (extensive and intensive investment) and labor thinning (net out-migration). I...
Persistent link: https://www.econbiz.de/10003402791
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The Causes of Serfdom : Domar's Puzzle Revisited
Rosa, Jean-Jacques - 2011
Domar (1970) has singled out the land/labor ratio as the main cause of both slavery and serfdom. But he then recognizes that scarcity of labor is necessary but not sufficient for serfdom to exist, and that an exogenous political factor is required to determine the status of labor.I show that in...
Persistent link: https://www.econbiz.de/10013125521
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Industrial Specific Resource Allocation, Incentive Differentiation and Industrial Development Order
Zheng, Jianghuai - 2006
For sake of actualizing anti-trade barrier and changing the situation of price war after China's taking part in WTO, Jiangsu laver association was founded. By using the Bayesian Cournot model, this paper analyzes the basis of trade association's foundation is the ability of improving product...
Persistent link: https://www.econbiz.de/10012733014