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his paper is a direct extension of the paper of Jones (2007). This author presents a simple Mincerian approach to endogenizing schooling time in market economy. His specification is closest to that in Mincer (1958) which does not take into account of social benefits of education. Our short note...
Persistent link: https://www.econbiz.de/10011111594
This paper provides a theory of rational offer of training policy and efficiency wage by industrial firms. We show that the main determinants of training Policy depends on the level of qualification of workers, the level of control within the firm and its productive structure. The optimal...
Persistent link: https://www.econbiz.de/10011111705
We analyze a model where an antitrust authority delegates to an audit inspector the mission of gathering the sufficient information to condemn a cartel. The authority has two instruments at her disposal: rewarding the inspector with a proportion of the collected fine or providing him with...
Persistent link: https://www.econbiz.de/10011111727
In this paper, we introduce firm heterogeneity in the context of a model of non-compliance with minimum wage legislation. The introduction of heterogeneity in the ease with which firms can be monitored for non compliance allows us to show that non-compliance will persist in sectors which are...
Persistent link: https://www.econbiz.de/10011111817
This paper shows that social interactions can induce families of migrants to care about hierarchical social status because it serves as a signal device of non-observable income. Hence , a concern for social status induces theses families to engage in conspicuous consumption in order to signal...
Persistent link: https://www.econbiz.de/10011111929
We consider the role of asymmetric information on the emergenceof collusion between criminals and enforcers, in the framework proposed by Bowles and Garoupa (1997) and Polinsky and Shavell (2001). Our paper proposes that the optimal criminal sanction for the underlying o®ense is not necessarily...
Persistent link: https://www.econbiz.de/10011257930
The debate by Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) on ‘the effect of foreign aid on corruption’ in its current state has the shortcoming of modeling corruption as a direct effect of development assistance. This note extends the debate by assessing the channels of foreign...
Persistent link: https://www.econbiz.de/10011258114
The present paper is motivated by the interest of a more thorough analysis of the determinants of remittances for developing countries. Thus, a simple formal remittance behaviour model is provided in which the amounts of the sums transferred are negatively related to the migrants’ individual...
Persistent link: https://www.econbiz.de/10011258507
This paper models a dynamic scholar’s allocation of time between academia and professional activities outside academia, given the academic labor market and social interactions. The model shows how particularly in less developed countries business and political networks may have large negative...
Persistent link: https://www.econbiz.de/10011258976
This paper modifies a standard model of law enforcement to allow for learning by doing. We incorporate the process of enforcement learning by assuming that the agency’s current marginal cost is a decreasing function of its past experience of detecting and convicting. The agency accumulates...
Persistent link: https://www.econbiz.de/10011259395