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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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Complementarity and custom in wage contract violation
Earle, John S. (contributor);  … - 2006
; neighborhood effect ; social interactions ; multiple equilibria ; network externality ; transition ; Russia …
Persistent link: https://www.econbiz.de/10003427035
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Are Oligarchs Productive? Theory and Evidence
Gorodnichenko, Yuriy; Grygorenko, Yegor - 2008
, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are …
Persistent link: https://www.econbiz.de/10014068763
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Are Oligarchs Productive? Theory and Evidence
Gorodnichenko, Yuriy; Grygorenko, Yegor - 2021
, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are …
Persistent link: https://www.econbiz.de/10013325175
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Post-reform trends in wage inequality : the case of urban Bolivia
Spatz, Julius; Steiner, Susan - 2002
This paper seeks to contribute to the ongoing controversy on the distributional effects of structural reforms in developing countries. Applying inequality indices and Fields' (2001) decomposition methodology to Bolivian household survey data of the years 1989 to 1997, we identify recent trends...
Persistent link: https://www.econbiz.de/10011475841
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Social Relations and Cooperation in Organizations
Spagnolo, Giancarlo - 2004
The paper addresses the effects of social relations on cooperation (or collusion) in organizations and communities. Social and production relations are modeled as separate repeated strategic interactions. "Linking" them--by employing members of the same community or by encouraging social...
Persistent link: https://www.econbiz.de/10014206611
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Social Relations and Cooperation in Organizations
Spagnolo, Giancarlo - 2000
The paper characterizes the effects of social relations on agents' ability to sustain cooperation (or collusion) within organizations' teams or communities. We model social and production relations as separate repeated strategic interactions. "Linking" them, for example by employing members of...
Persistent link: https://www.econbiz.de/10014206616
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Great expectations : a tale of two transitions
Girardi, Daniele; Veneziani, Roberto; Wengle, Susanne - 2023
that characterise the transition process in both the economic and political realms. Contrary to a widespread assumption … survey the vast empirical literature on transition economies in order to provide evidence on the correlation between … expectations at the beginning of transition and success of the transition process. We provide the first comprehensive survey of the …
Persistent link: https://www.econbiz.de/10014455426
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Supervision and effort in an intertemporal efficiency wage model : the role of the Solow condition
Faria, João Ricardo - 1998
The Solow condition is examined in an intertemporal model that blends the shirking and the turnover models of … efficiency wages with managerial supervision. It is shown that the Solow condition does not hold when shirking and turnover costs … are considered. The Solow condition can be a possible outcome when managerial productivity offsets shirking and turnover …
Persistent link: https://www.econbiz.de/10011529959
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Informality, Economic Complexity, and Internalization of Rules
Hernández Umana, Ivan; 007, Chucho Godoy; Laguna, Marcen - 2023
This research aims to find out the relationship between informality and the internalization of the rules of behavior that are required for complexity in the economic situation, as a better knowledge is required for formalization policy to have a greater impact. First, we include a theory that...
Persistent link: https://www.econbiz.de/10014344773