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The Firm as a Pool of Factor Complementarities

Lindbeck, Assar; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2003

This paper presents a new approach to the theory of the firm by identifying factor complementarities as central to the … determination of the firm’s boundaries. The factor complementarities may take a variety of forms: technological and informational … complementarities, as well as economies of scale and scope. We examine the tradeoff between the gains from these complementarities and …

Persistent link: https://www.econbiz.de/10005763561

Regional Unemployment and Human Capital in Transition Economies

Jurajda, Stepan; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2007

complementarities in skill and capital. Nevertheless, we find no supporting evidence of human capital wage spillovers implied by the … complementarities story. Unemployment of the least-skilled workers appears lower in areas with a higher share of college-educated labor …

Persistent link: https://www.econbiz.de/10005763690

Does the Recent Success of Some OECD Countries in Lowering their Unemployment Rates Lie in the Clever Design of their Labour Market Reform?

Belot, Michèle; Ours, Jan C. van - Institute for the Study of Labor (IZA) - 2000

protection, union bargaining power and (de)centralisation of bargaining. We argue that complementarities between LMI can be …

Persistent link: https://www.econbiz.de/10005763748

Screening, Competition, and Job Design: Economic Origins of Good Jobs

Bartling, Björn; Fehr, Ernst; Schmidt, Klaus M. - Institute for the Study of Labor (IZA) - 2010

terms of standard moral hazard models. We show experimentally that complementarities between high effort discretion, rent …

Persistent link: https://www.econbiz.de/10008543256

Frictions and the Joint Behavior of Hiring and Investment

Yashiv, Eran - Institute for the Study of Labor (IZA) - 2012

The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores their dynamic behavior in the presence of frictions. It does so within a unified framework, stressing their mutual dependence and placing the emphasis on their joint,...

Persistent link: https://www.econbiz.de/10010553316

Identification of Peer Effects Using Group Size Variation

Davezies, Laurent; Xavier d’Haultfoeuille; Fougère, Denis - Institute for the Study of Labor (IZA) - 2006

This paper considers the semiparametric identification of endogenous and exogenous peer effects based on group size variation. We show that Lee (2006)’s linear-in-means model is generically identified, even when all members of the group are not observed. While unnecessary in general,...

Persistent link: https://www.econbiz.de/10005566348

Ethnic Networks and Employment Outcomes

Patacchini, Eleonora; Zenou, Yves - Institute for the Study of Labor (IZA) - 2008

We analyse the effect of strong and weak ties on the individual probability of finding a job. Using the dynamic model of Calvó-Armengol and Jackson (2004), two results are put forward: (i) the individual probability of finding a job is increasing in the number of strong and weak ties; (ii) the...

Persistent link: https://www.econbiz.de/10005761936

Contract Violations, Neighborhood Effects, and Wage Arrears in Russia

Earle, John S.; Sabirianova Peter, Klara - Institute for the Study of Labor (IZA) - 2004

We present a model of neighborhood effects in wage payment delays. Positive feedback arises because each employer’s arrears affect the late payment costs faced by other firms in the same local labor market, resulting in a strategic complementarity in the practice. The model is estimated on...

Persistent link: https://www.econbiz.de/10005763706

Social Interactions in Unemployment

Lalive, Rafael - Institute for the Study of Labor (IZA) - 2003

This paper studies the relevance of social interactions among the unemployed. Identification is based on a salient and selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change affects entitled individuals not only directly,...

Persistent link: https://www.econbiz.de/10005703147

Neighborhood Effects and Individual Unemployment

Bauer, Thomas; Fertig, Michael; Vorell, Matthias - Institute for the Study of Labor (IZA) - 2011

Using a unique dataset for Germany that links individual longitudinal data from the GSOEP to regional data from the federal employment agency and data of real estate prices, we evaluate the impact of neighborhood unemployment on individual employment prospects. The panel setup and richness of...

Persistent link: https://www.econbiz.de/10009353613