asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …

asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …

We study how the presence of promotion competition in the labor market affects household specialization patterns. By … embedding a promotion tournament model in a household setting, we show that specialization can emerge as a consequence of … welfare superior to a situation in which both spouses invest equally in their careers. The reason is that household …

asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …

asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …

The goal of this paper is represented by the analysis of the competitive behaviour at rural household level in Ţara … level to agricultural household level, competitiveness operates as a selection mechanism (only certain agricultural … household farms survive on the market, which obtain quality products and have more efficient production processes); this also …

engage in "irresponsible" lending, approving credit even if this is knowingly against a household's best interest. Unless …