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Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
Persistent link: https://www.econbiz.de/10009432547
information in their hiring decisions. I characterize possible equilibrium outcomes and then estimate the model. I identify …
Persistent link: https://www.econbiz.de/10009477934
This paper considers a dynamic matching model with imperfectly observable worker effort. In equilibrium, the wage …
Persistent link: https://www.econbiz.de/10012530144
this study, we examine whether Australian banks engage in earnings, capital management and signalling, and, if so, the … do not appear to use LLPs for signalling future intentions of higher earnings to investors. …
Persistent link: https://www.econbiz.de/10009440734
?. This paper tries to isolate the pure signalling effect that one sector might exert on the other by controlling for other … the periods 1980-2007 and 1991-2007. It exploits avilable quarterly information not yet used in the literature, and …
Persistent link: https://www.econbiz.de/10012530273
because a higher productivity of talentedworkers raises not only the value but also the cost of signaling; thelatter stems … from more effort and the choice of a high visibility jobbeing substitutes for the purpose of signaling. Results naturally …
Persistent link: https://www.econbiz.de/10009435145
INFORMATION ASYMMETRY. The first pattern addresses a system architecture issue and draws on Friedman’s model for informed consent … patterns describe how users can protect their privacy by both revealing less about themselves, and acquiring more information …
Persistent link: https://www.econbiz.de/10009441305
for dividend increases. Uniquely, this study simultaneously tests the signaling and agency abatement motivations as … increased dividends constrict management's future behavior, abating the agency problem with shareholders. The signaling … partitions dividend increases into a sample motivated by agency abatement and a sample motivated by cash flow signaling. Further …
Persistent link: https://www.econbiz.de/10009475061
' financing and operational decisions when there is information asymmetry between banks and manufacturers about the credibility of …
Persistent link: https://www.econbiz.de/10009477491
, consumers may not have full information of product features and prices when they shop. While consumers can search to acquire … such information, manufacturers and retailers often advertise price, product, or both types of information to help resolve …. I show that in a decentralized channel, advertising may include more information than in a centralized channel …
Persistent link: https://www.econbiz.de/10009477743