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The purpose of this paper is to observe that in a principal agent-model with performance contracts, may exist involuntary unemployment as a consequence of the incentive wage system used by the firm. We show that, in a context of identical firms, the firm that pays more gets a higher level of...
Persistent link: https://www.econbiz.de/10008550428
In this paper, we investigate some factors shaping individual support for protectionism that have not been studied previously. We examine a heterogeneous sample of thirty countries which includes both small and large and developed and developing countries using data from the 2003 International...
Persistent link: https://www.econbiz.de/10004992783