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The NBA Draft
Arel, Barbara; III, Michael J. Tomas - In: Journal of Sports Economics 13 (2012) 3, pp. 223-249
The National Basketball Association (NBA) has a fixed salary schedule that allows us to examine this labor market to …’s perspective. Early entry into the NBA draft is similar to the decision to exercise an American style put option early; the draftee …
Persistent link: https://www.econbiz.de/10010553102
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Informality as a stepping stone : a search-theoretical assessment of informal sector and government policy
Tumen, Semih - 2016
This paper develops a model of sequential job search to understand the factors determining the effect of tax and enforcement policies on the size (i.e., employment share) of the informal sector. The focus is on the role of informal sector as a stepping stone to formal jobs. I argue that the...
Persistent link: https://www.econbiz.de/10011520958
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Why are wages upward sloping with tenure?
Prinz, Joachim - 2004 - 1. Aufl.
performance and wages in the National Basketball Association (NBA) is used to test the superiority of one model over others in …
Persistent link: https://www.econbiz.de/10002110023
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Informality as a stepping stone: A search-theoretical assessment of informal sector and government policy
Tümen, Semih - In: Central Bank Review (CBR) 16 (2016) 3, pp. 109-117
This paper develops a model of sequential job search to understand the factors determining the effect of tax and enforcement policies on the size (i.e., employment share) of informal sector. The focus is on the role of informal sector as a stepping stone to formal jobs. I argue that the...
Persistent link: https://www.econbiz.de/10012217544
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Informality as a Stepping Stone: A Search-Theoretical Assessment of Informal Sector and Government Policy
Tumen, Semih - 2016
This paper develops a model of sequential job search to understand the factors determining the effect of tax and enforcement policies on the size (i.e., employment share) of the informal sector. The focus is on the role of informal sector as a stepping stone to formal jobs. I argue that the...
Persistent link: https://www.econbiz.de/10011525047
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Informality as a stepping stone : a search-theoretical assessment of informal sector and government policy
Tumen, Semih - In: Central Bank review / The Central Bank of the Republic … 16 (2016) 3, pp. 109-117
Persistent link: https://www.econbiz.de/10011650199
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Separating Equilibria with Imperfect Certification
Strausz, Roland - 2010
down due to an unraveling process similar to Akerlof (1970). De and Nabar (1991) argue that imperfect certification … prevents unraveling so that equilibria with full separation do not exist. This note shows that, if one considers the buyers …
Persistent link: https://www.econbiz.de/10010333964
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Adverse selection and unraveling in common-value labor markets
Siegel, Ron; Ely, Jeffrey C. - In: Theoretical Economics 8 (2013) 3, pp. 801-827
We investigate a common-value labor setting in which firms interview a worker prior to hiring. When firms have private information about the worker’s value and interview decisions are kept private, many firms may enter the market, interview, and hire with positive probability. When firms’...
Persistent link: https://www.econbiz.de/10011599500
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Strategic complementarities and unraveling in matching markets
Echenique, Federico; Pereyra, Juan Sebastián - In: Theoretical Economics 11 (2016) 1, pp. 1-39
strategic complementarities and strategic unraveling. We identify a negative externality imposed on the rest of the market by …
Persistent link: https://www.econbiz.de/10011599561
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Voluntary disclosure in unfair contests
Ewerhart, Christian; Grünseis, Julia - 2018
"defiant" behavior. Moreover, while individually rational for the marginal type, the unraveling may be strictly Pareto inferior …
Persistent link: https://www.econbiz.de/10011969190