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Keeping up with rapid technological change necessitates constant innovation. Successful innovation depends on both … implement them. Both of these knowledge-based elements of innovation can be attained through moderate labor force turnover in … innovation within a multivariate regression framework. However, when instrumenting training by the existence of a union …
Persistent link: https://www.econbiz.de/10005405807
Business codes are a widely used management instrument. Research into the effectiveness of business codes has, however …
Persistent link: https://www.econbiz.de/10010731528
This paper develops an efficiency theory of contingent trade policies. We model the competition for a domestic market … contingent trade policy on efficiency grounds. Contingent trade policy that seeks to maximize global welfare can avoid the …
Persistent link: https://www.econbiz.de/10009020091
When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects network clearing). We show that those frictions and the...
Persistent link: https://www.econbiz.de/10009221551
We consider competitive markets for multiple commodities with endogenous formation of one- or two-person households. Within each two-person household, externalities from the partner’s commodity consumption and unpriced actions are allowed. Each individual has two types of traits: observable...
Persistent link: https://www.econbiz.de/10010698700
increment of the punctuality and efficiency of the railway services. The plans produced according to the alternative production …
Persistent link: https://www.econbiz.de/10010731523
We derive an empirical test for third-order stochastic dominance that allows for diversification between choice alternatives. The test can be computed using straightforward linear programming. Bootstrapping techniques and asymptotic distribution theory can approximate the sampling properties of...
Persistent link: https://www.econbiz.de/10010731536
A principal-agent model is formulated to capture the efficiency of cooperatives with a member CEO and cooperatives with …
Persistent link: https://www.econbiz.de/10010837536
productive efficiency, in the public sector. We focus on reforms aiming to establish parity between work conditions in the public …
Persistent link: https://www.econbiz.de/10011163067
(MGMM), exploiting straight-forward modifications of the instruments, can achieve substantial efficiency gains and bias …
Persistent link: https://www.econbiz.de/10011086451