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In this paper, we apply a stochastic frontier approach in order to analyze labor market efficiency in Poland – a … of wage efficiency in Poland was similar to or higher than that in other developed countries. Our attempt to identify the … determinants of wage efficiency in Poland produced mixed results. However, in sum, worker performance in the Polish labor market …
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When workers are faced with the threat of unemployment, their relationship with a particular firm becomes valuable. As a result, a worker may comply with the terms of a relational contract that demands high effort even when performance is not enforceable by a third party. But can relational...
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mechanisms that allow for ex post Bertrand competition generate the maximum matching on a realized network. -- efficiency …
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. Only wage mechanisms that allow for ex post competition generate the maximum matching on a realized network. We show that …
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