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Schlicht, Ekkehart - 2011

modern compensation theory, but has not been extended to organization theory. The perspective sheds new light on several … topics in the theory of the firm, like the boundaries of the firm, the importance of fairness concerns within firms, the … attenuation of incentives, or the role of routines and incentives. It implies a perceptional theory of the firm that is realistic …

Persistent link: https://www.econbiz.de/10010278547

Addressing the legacy costs in an NDC reform: Conceptualization, measurement, financing

Holzmann, Robert; Jousten, Alain - 2010

The paper provides a framework for the conceptualization, definition and estimation of legacy costs that need to be addressed in a reform that transforms an unfunded defined contribution (NDB) scheme into a notional (or non-financial) defined contribution (NDC) scheme. As the new contribution...

Persistent link: https://www.econbiz.de/10010278557

How to deal with covert child labour, and give children an effective education, in a poor developing country

Cigno, Alessandro - 2011

As credit and insurance markets are imperfect, and given that intra-family transfers, and the way a child uses her time outside school hours, are private information, the second-best policy makes school enrollment compulsory, forces overt child labour below its efficient level (if positive), and...

Persistent link: https://www.econbiz.de/10010278558

Part-time unemployment and optimal unemployment insurance

Ek, Susanne; Holmlund, Bertil - 2011

A significant fraction of the labor force consists of employed workers who are part-time unemployed (underemployed) in the sense that they are unable to work as much as they prefer. This paper develops a search and matching model to study the design of optimal unemployment insurance in an...

Persistent link: https://www.econbiz.de/10010278573

Identification problems in personality psychology

Borghans, Lex; Golsteyn, Bart; Heckman, James J.; … - 2011

This paper discusses and illustrates identification problems in personality psychology. The measures used by psychologists to infer traits are based on behaviors, broadly defined. These behaviors are produced from multiple traits interacting with incentives in situations. In general, measures...

Persistent link: https://www.econbiz.de/10010278574

Inequality, inequity aversion, and the provision of public goods

Kölle, Felix; Sliwka, Dirk; Zhou, Nannan - 2011

We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are inequity averse and may differ in ability. We show that equality may lead to a reduction of public good provision below levels generated by purely selfish agents. But introducing...

Persistent link: https://www.econbiz.de/10010278642

Collective bargaining under non-binding contracts

Dobbelaere, Sabien; Luttens, Roland Iwan - 2011

We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over wages in a non-binding contract setting. Our main result is the equivalence between the non-binding collective equilibrium wage-employment contract and the equilibrium contract...

Persistent link: https://www.econbiz.de/10010278650

Asymmetric information in the labor market, immigrants and contract menu

Kar, Saibal; Saha, Bibhas Chandra - 2011

Immigrant workers and their labor force participation in host countries have received critical attention in all concerned disciplines, principally owing to its strong implications for well-being of natives. The ageing population in many rich countries and several related and unrelated issues...

Persistent link: https://www.econbiz.de/10010278687

Optimal redistributive taxation with both labor supply and labor demand responses

Jacquet, Laurence; Lehmann, Etienne; van der Linden, Bruno - 2011

This paper characterizes the optimal redistributive tax schedule in a matching unemployment framework with endogenous (voluntary) nonparticipation and (involuntary) unemployment. The optimal employment tax rate is given by an inverse employment elasticity rule. This rule depends on the global...

Persistent link: https://www.econbiz.de/10010278745

On identification of Bayesian DSGE models

Koop, Gary; Pesaran, Hashem; Smith, Ron P. - 2011

In recent years there has been increasing concern about the identification of parameters in dynamic stochastic general equilibrium (DSGE) models. Given the structure of DSGE models it may be difficult to determine whether a parameter is identified. For the researcher using Bayesian methods, a...

Persistent link: https://www.econbiz.de/10010278760