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Conflicts between management and workers are common and can have significant impacts on productivity. We study how workers in a large Bangladeshi sweater factory responded to management’s decision to lay off about a quarter of the workers following a period of labor unrest. Our main finding is...
Persistent link: https://www.econbiz.de/10012261118
Infiltration of the legal economy by criminal organizations (OCGs) is potentially significant, though how pervasive remains uncertain. Beyond the volume, the motives driving infiltration are of serious policy concern. We introduce a conceptual framework to differentiate between OCGs’ motives...
Persistent link: https://www.econbiz.de/10014514804
Under collusion, firms deviate from current profit maximization in anticipation of future rewards. As current profit maximization places little restrictions on firms' pricing behaviour, collusive conduct is hard to infer. We show that bids from certain firms in the Colombian wholesale...
Persistent link: https://www.econbiz.de/10014252003
Widespread market imperfections in agricultural value chains raise the possibility that regulatory interventions may enhance efficiency and farmers' welfare. We develop a structural model of agricultural value chains and estimate it using rich data from Costa Rica's coffee sector to evaluate...
Persistent link: https://www.econbiz.de/10015339889