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Aspects of Informalization and Income Distribution in Developing Countries: A Modified Specific Factors Approach

Razmi, Arslan - 2006

This paper explores aspects of increased informalization in developing countries with the help of a modified specific factors model with a fixed nominal wage in the formal sector, which is assumed to have a “lighthouse” effect on the informal sector wage. Both sectors produce a tradable good...

Persistent link: https://www.econbiz.de/10009468108

Employment fluctuations with downward wage rigidity : the role of moral hazard

Costain, James S.; Jansen, Marcel - 2006

This paper considers a dynamic matching model with imperfectly observable worker effort. In equilibrium, the wage distribution is truncated from below by a no-shirking condition. This downward wage rigidity induces the same type of inefficient churning and "contractual fragility" as in Ramey and...

Persistent link: https://www.econbiz.de/10012530144

The incidence of nominal and real wage rigidity : an individual-based sectoral approach

Messina, Julián; Izquierdo Peinado, Mario - 2010

This paper presents estimates based on individual data of downward nominal and real wage rigidities for thirteen sectors in Belgium, Denmark, Spain and Portugal. Our methodology follows the approach recently developed for the International Wage Flexibility Project, whereby resistance to nominal...

Persistent link: https://www.econbiz.de/10012530294

Contract staggering and unemployment during the great recession : evidence from Spain

Díez-Catalán, Luis; Villanueva López, Ernesto - 2014

Una caída de la actividad agregada conlleva una reducción de la demanda de empleo, que es tanto mayor cuanto más rígidos sean los salarios. Este artículo examina el impacto de la rigidez salarial en España sobre la evolución del empleo entre 2009 y 2010. La extensión de los convenios...

Persistent link: https://www.econbiz.de/10012530458

Staggered contracts and unemployment during recessions

Adamopoulou, Effrosyni; Díez-Catalán, Luis; …

This paper studies the impact of downward wage rigidity on wage and employment dynamics after the outbreak of major recessions in Spain. Downward wage rigidity stems from collective agreements, which set province-sector-skill-specific minimum wage floors for all workers. By exploiting variation...

Persistent link: https://www.econbiz.de/10014525726

A Dyad Model of Calling Behaviour with Tie Strength Dynamics

Shi, Mengze; Yang, Botao; Chiang, Jeongwen - University of Toronto; University of Southern California; … - 2009

This paper investigates the dynamic relation between callers' socialties and their wireless phone service consumption. We construct a largepair-level panel dataset with information on the number of each pair'scommon contacts, calling activities, prices, and each caller'scharacteristics over a...

Persistent link: https://www.econbiz.de/10009435159

Tit for Tat: Foundations of Preferences for Reciprocity in Strategic Settings

Segal, Uzi; Sobel, Joel - 1999

This paper assumes that in addition to the conventional (selfish) preferences over outcomes, players in a strategic environment have preferences over strategies. In the context of two-player games, it provides conditions under which a player's preferences over strategies can be represented as a...

Persistent link: https://www.econbiz.de/10009447270

Consumers' Reciprocal Behaviors in the Hospitality Industry

Bae, Jung-in; Kwon, Jun Mo; Blum, Shane C. - 2011

many variations to traditional WOM. Building on reciprocity theory, this study will focus on Positive Word-of-Mouth (PWOM …

Persistent link: https://www.econbiz.de/10009467873

Conceptualising the role of reciprocity in relationship marketing: an examination of its supporting virtues

Pervan, Simon J; Bove, Liliana L; Johnson, Lester W - 2004

One possible “kind” of marketing relationship occurs where a norm of reciprocity is upheld. The norm states that “we …. It is therefore a good starting point toward examining other types. However, “Reciprocity, taken by itself is … previous work that conceptualises the role of reciprocity in relationship marketing by examining these virtues. For the norm to …

Persistent link: https://www.econbiz.de/10009475183

First National Maintenance Corp. v. National Labor Relations Board: Eliminating Bargaining for Low-Wage Service Workers

Hyde, Alan - 2006

The Supreme Court decision finds an employer privileged not to bargain with the union over a decision to eliminate a portion of operations (by not renewing a contract with a particular customer), undertaken entirely for economic reasons turning not at all on labor costs, and without animus to...

Persistent link: https://www.econbiz.de/10009467521