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Relational Contracts and Specific Training
Malcomson, James - Department of Economics, Oxford University - 2014
productive, or near equally productive employees without relational contracts.  Investment in specific training relaxes the … incentive constraints on relational contracts, so the optimal level of investment can be higher for those with a relational … additional cost of optimal investment precisely offsets the post-investment surplus for marginal employees in relational …
Persistent link: https://www.econbiz.de/10011071727
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Relational contracts and specific training
Malcomson, James M. - In: Research in economics : an international review of economics 69 (2015) 1, pp. 51-62
Persistent link: https://www.econbiz.de/10011504762
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Relational contracts and specific training
Malcomson, James M. - 2014
Persistent link: https://www.econbiz.de/10010442455
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Wachstum und soziale Integration in dualistischen Volkswirtschaften
Kalckreuth, Ulf von - 1999
Soziale Integration ist der Schlüssel für nachhaltige Entwicklung! Im Mittelpunkt steht die Frage nach dem Gegensatz von Wachstums- und Verteilungszielen. Die theoretische Analyse betont die Rolle kultureller Diffusion. Die neue Antwort ist von großer wirtschaftspolitischer Relevanz:...
Persistent link: https://www.econbiz.de/10000683020
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L'insertion internationale conditionne-t-elle les formes nationales d'emploi? : Convergences ou différenciations des pays europ
Boyer, Robert; Ralle, Pierre - In: Contrainte extérieure, politique de l'emploi et …, (pp. 145-168). 1986
Persistent link: https://www.econbiz.de/10001329409
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Accumulation, segmentation and the discriminatory process in the market for labor power
Mason, Patrick L. - In: Review of radical political economics 25 (1993) 2, pp. 1-25
Persistent link: https://www.econbiz.de/10001169498
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Debt, Investment, and Growth in Developing Countries with Segmented Labor Markets
Buffie, Edward F. - 2020
We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different … mixes of investment in human capital and infrastructure. We show that investment in human capital is much more effective …
Persistent link: https://www.econbiz.de/10012828060
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Debt, investment, and growth in developing countries with segmented labor markets
Buffie, Edward F.; Zanna, Luis-Felipe; Adam, Christopher S. - 2020
We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different … mixes of investment in human capital and infrastructure. We show that investment in human capital is much more effective …
Persistent link: https://www.econbiz.de/10012252029
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Relational Incentive Contracts with Persistent Private Information
Malcomson, James - Department of Economics, Oxford University - 2012
This paper investigates relational incentive contracts with a continuum of privately observedagent types that are persistent over time. For a sufficiently productive relationship,a pooling contract exists in which all agent types continuing the relationshipchoose the same action. Necessary and...
Persistent link: https://www.econbiz.de/10010701819
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Relational Incentive Contracts with Private Information
Malcomson, James - Department of Economics, Oxford University - 2012
This paper extends the relational contract model in Levin (2003) with shocks to theagent’s cost of effort (agent’s type) to shocks to the principal’s valuation of the agent’seffort (principal’s type). When optimal effort is fully pooled across agent types...
Persistent link: https://www.econbiz.de/10011133036