The standard explanation of wage rigidity in principal agent and in efficiency wage models is related to worker risk-aversion. However, these explanations do not consider at least two important classes of empirical evidence: (1) In worker cooperatives workers appear to behave in a less risk...

This paper systematically reviews the empirical literature on development non‐governmental organizations (NGOs), drawing both on quantitative and qualitative analyses, and constructs a set of basic facts about these organizations. These facts concern the size of the development NGO sector and...

A distinguishing feature of Italian worker cooperatives is the propensity to reinvest a huge share of profits into asset locks, a common fund, non divisible and non appropriable by members, even at the end of the cooperative’s life. This work investigates the reasons for this practice, after...

Le cooperative di lavoro italiane tendenzialmente accumulano un’elevata quota dei profitti nelle riserve indivisibili, un fondo indisponibile e inappropriabile da parte dei soci. La ricerca indaga le ragioni di questa pratica, dopo aver discusso le interpretazioni più frequentemente...

(english) The aim of this work is to propose a critical analysis of the recent research works on the Senegalese associations in Italy. First, the main socio-economic characteristics of the Senegalese migration are described. Second, the literature review on Senegalese associations in Italy focus...

We study the impact of employer's opportunism on wage rigidity in capitalist companies by arguing that the need to fix wages is crucially influenced by the asymmetric distribution of decision-making power and information in favor of the stronger contractual party — the employer, and against...

In this paper we deal with the relationship between the intervention of a development NGO or an external donor and the performance of village organizations (local NGOs) in Developing Countries. We utilize a large dataset of village organizations in rural areas of Senegal and Burkina Faso. We...

This paper systematizes the results of the empirical literature on development non-governmental organizations (NGOs), drawing both from quantitative and qualitative analyses, and constructs a set of basic facts about these organizations. These basic facts concern the size of the development NGO...