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What do labor market institutions do?
Holmlund, Bertil - 2014
The past couple of decades have seen a huge increase in research on various labor market institutions. This paper offers a brief overview and discussion of research on the labor market impacts of minimum wages (MW), unemployment insurance (UI), and employment protection legislation (EPL). It is...
Persistent link: https://www.econbiz.de/10010231630
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Team production in competitive labor markets with adverse selection
Siemens, Ferdinand von; Kosfeld, Michael - 2014
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can create externalities among workers, since their utility upon accepting a contract depends on their team's performance and therefore on their colleagues' productivity. We study the...
Persistent link: https://www.econbiz.de/10010245995
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The dynamics of product and labor market power : evidence from Lithuania
Ding, Ziran; Garcia-Louzao, Jose; Jouvanceau, Valentin - 2024
This paper characterizes the power dynamics of firms in both product and labor markets in Lithuania between 2004 and 2018. We first show that both markets are not perfectly competitive, as both price markups and wage markdowns are far from unitary and homogeneous. Interestingly, we unveil that...
Persistent link: https://www.econbiz.de/10014452325
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A minimum wage may increase exports and firm size even with a competitive labor market
Danziger, Eliav; Danziger, Leif - 2024
This paper explores how a minimum wage affects a firm's behavior with a competitive labor market and an uncertain export cost. The model provides several novel insights which are consistent with recent empirical evidence. Thus, a minimum wage increases an exporter's foreign-market size and may...
Persistent link: https://www.econbiz.de/10014496460
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Population sorting and human capital accumulation
Azarnert, Leonid V. - 2021
This article analyzes the effect of population sorting on economic growth. The analysis is performed in a two-region growth model with endogenous fertility, in which public knowledge spillovers from the more advanced core into children’s human capital accumulation function in the periphery are...
Persistent link: https://www.econbiz.de/10012628761
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Distribution of natural resources, entrepreneurship, and economic development : growth dynamics with two elites
Falkinger, Josef (contributor);  … - 2005
This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...
Persistent link: https://www.econbiz.de/10003202246
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Income dependent equivalence scales, inequality, and poverty
Dudel, Christian; Garbuszus, Jan Marvin; Ott, Notburga; … - 2015
Most equivalence scales which are applied in research on poverty and inequality do not depend on income, although there … differing assessments of poverty and inequality under quite general conditions. German microdata will be used to demonstrate and …
Persistent link: https://www.econbiz.de/10011374211
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Sticks and carrots for the alleviation of long term poverty
Schroyen, Fred; Torsvik, Gaute - 2002
Work requirements can make it easier to screen the poor from the non-poor.They can also affect future poverty by … changing the poors' incentive to invest in their income capacity. The novelty of our study is the focus on long term poverty … term poverty, and that the possibility of using work requirements weakens the incentives to exert effort to escape poverty …
Persistent link: https://www.econbiz.de/10011409004
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Poverty and welfare measurement on the basis of prospect theory
Jäntti, Markus; Kanbur, Ravi; Nyyssölä, Milla; … - 2013
This paper examines the measurement of social welfare, poverty and inequality taking into account reference … differences between standard poverty and inequality measures based on observed income and measures that are calculated based on … ; poverty ; inequality ; welfare measurement ; vulnerability …
Persistent link: https://www.econbiz.de/10009700305
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Politically sustainable probabilistic minority targeting
De Donder, Philippe; Peluso, Eugenio - 2014
We show that a transfer targeting a minority of the population is sustained by majority voting, however small the minority targeted, when the probability to receive the transfer is decreasing and concave in income. We apply our framework to the French social housing program and obtain that...
Persistent link: https://www.econbiz.de/10010384383