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Dynamic incentive effects of team formation : experimental evidence

Gall, Thomas; Hu, Xiaocheng; Vlassopoulos, Michael - 2016

has ignored possible dynamic effects: e.g., anticipating that team formation is based on prior performance will affect … prior performance. We test this hypothesis in a lab experiment with two stages of a real effort task. Participants first … performance. Our results are consistent with a simple investment-cum-matching model: pairing the worst performing individuals with …

Persistent link: https://www.econbiz.de/10011594146

How do industries and firms respond to changes in local labor supply?

Dustmann, Christian; Glitz, Albrecht - 2011

In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units that use the more abundant skill group more...

Persistent link: https://www.econbiz.de/10009524993

Distribution and growth in an economy with limited needs

Saint-Paul, Gilles - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10011401020

Wage flexibility in a unionized economy with stable wage dispersion

Carlsson, Mikael; Häkkinen Skans, Iida; Nordström … - 2019

The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study is set in an economy with close to complete union coverage where real wages have grown continuously in all parts of the wage distribution for the past 15 years, and where the...

Persistent link: https://www.econbiz.de/10011973148

The endogenous determination of minimum wage

Epstein, Gil S.; Nitsan, Shemuʾel - 1999

In this paper we study the endogenous determination of minimum wage employing a political-economic game-theoretic approach. A major objective of the paper is to clarify the crucial role of the strength of the workers' union and of political culture on the determination of the minimum wage. In...

Persistent link: https://www.econbiz.de/10011313939

Divide et impera : negotiating with a stakeholder

Manzini, Paola - 2002

In many kinds of bilateral negotiations the resolution of the issues at stake has an impact which extends beyond the remits of the parties directly involved (e.g. labour negotiations in sectors of public interest, where a strike would impact on the public at large). Once this is recognised,...

Persistent link: https://www.econbiz.de/10011405864

Great expectations : law, employment contracts, and labor market performance

MacLeod, William Bentley - 2010

This chapter reviews the literature on employment and labor law. The goal of the review is to understand why every jurisdiction in the world has extensive employment law, particularly employment protection law, while most economic analysis of the law suggests that less employment protection...

Persistent link: https://www.econbiz.de/10009312928

Wage determination and imperfect competition

Booth, Alison L. - 2014

A striking feature of the past few decades has been the development of wage-determination models that assume that labour markets are imperfectly competitive. This paper discusses two such models (trade unions and oligopsony), although there are many more. It also asks if imperfectly competitive...

Persistent link: https://www.econbiz.de/10010257588

Preferences for collective versus individualised wage setting

Boeri, Tito (contributor); Burda, Michael C. (contributor) - 2008

Standard models of equilibrium unemployment assume exogenous labour market institutions and flexible wage determination. This paper models wage rigidity and collective bargaining endogenously, when workers differ by observable skill and may adopt either individualized or collective wage...

Persistent link: https://www.econbiz.de/10003656922

Socioeconomic inequality in low-carbon technology adoption

Burlinson, Andrew; Davillas, Apostolos; Giulietti, Monica - 2023

The widespread consumer adoption of low-carbon technologies (LCTs) is a cornerstone of net zero targets worldwide, however LCTs may not be equally distributed across socioeconomic characteristics. Our paper contributes to the literature by exploring socioeconomic inequality in LCT adoption and...

Persistent link: https://www.econbiz.de/10014276749