Showing 1 - 10 of 202
respective constituents create large agency costs in the form of severe fiscal irresponsibility. Part II describes New York's No …
Persistent link: https://www.econbiz.de/10013132927
By asking the question, whether the effective social services to a particular enterprise, whether it requires a transformation, rather - purchased services or social development of their own social needs specific indicator of volume of social spending. To form such an indicator in the article is...
Persistent link: https://www.econbiz.de/10012940886
his paper examines, in the context of a multiple types of consumers, a set of necessary and sufficient conditions under which equilibrium and optimum exist, and involve mixing types of consumers in jurisdictions. Pricing includes visa permits for entry. Following Berglas (1976), we assume...
Persistent link: https://www.econbiz.de/10008693070
This paper provides a general equilibrium model where jurisdictions offer not only public goods, but also job opportunities. In a context of multiple types of consumers, labor complementarities, and anonymous crowding, heterogeneous populated communities form in equilibrium with an endogenous...
Persistent link: https://www.econbiz.de/10010617161
This paper considers the optimal level of firm-specific training by taking into account the positive effect of training on the expected duration of workers current employment. In the framework of an efficiency wage model, a short expected job tenure represents a disamenity that reduces the...
Persistent link: https://www.econbiz.de/10011507950
Empirical work suggests the presence of a public sector wage premium, the reasons for which are investigated in this paper. The results demonstrate a higher premium paid to women and premium decreases concurrent with skills. Job security undermines the incentive to work hard and forces the...
Persistent link: https://www.econbiz.de/10011542891
Consider a labour market with heterogeneous workers. Firms recruit workers by fixing a hiring standard and a wage offer simultaneously. A more demanding hiring standard necessitates a better wage offer in order to attract enough qualified applicants. As a result, an efficiency wage effect is...
Persistent link: https://www.econbiz.de/10011411223
Conventional theory predicts that productivity gains lead to pay hikes. Pay increases, however, can influence labor productivity. But what about in a corporatist economy? Focusing on Germany, we use an innovative technique developed by Geweke to disentangle the relationship between pay and...
Persistent link: https://www.econbiz.de/10011413818
Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes that pay increases can lead to productivity improvements. But would such results be observed in a corporatist economy with centralized bargaining? For the case of Austria, a...
Persistent link: https://www.econbiz.de/10001545528
Persistent link: https://www.econbiz.de/10012515379