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When workers are faced with the threat of unemployment, their relationship with a particular firm becomes valuable. As a result, a worker may comply with the terms of a relational contract that demands high effort even when performance is not enforceable by a third party. But can relational...
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mechanisms that allow for ex post Bertrand competition generate the maximum matching on a realized network. -- efficiency …
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all their candidates) only wage mechanisms that allow for ex post Bertrand competition generate the maximum matching on a …
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advantage of recent developments in the stochastic frontier techniques and estimates the matching function for Tunisia using … disaggregated data. We include control variables as determinants of matching efficiency and regional disparities. We confirm that …
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By applying a stochastic production frontier approach to the matching process of unemployed and vacancies, this paper … region, the methodology produces estimates of the relative importance of demand and supply factors for the creation of new … jobs, and of the overall efficiency of job creation. Some crucial determinants of the overall matching efficiency are …
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