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On the economic architecture of the workplace : repercussions of social comparisons amongst heterogeneous workers
Hyll, Walter; Stark, Oded - 2011
workers compare their earnings with those of co-workers. We consider a low-productivity worker who receives lower wage … earnings than a high-productivity worker. When the low-productivity worker derives (dis)utility not only from his own effort … but also from comparing his earnings with those of the high-productivity worker, his response to the sensing of relative …
Persistent link: https://www.econbiz.de/10008990892
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On the Optimal Size of a Joint Savings Association
Stark, Oded; Budzinski, Wiktor; Jakubek, Marcin; … - 2022
We develop a formula for the optimal size of a joint savings association between individuals who share the same financial goal and who can save towards that goal at the same rate. Our motivating example and the core of our analysis is a Rotating Savings and Credit Association (ROSCA). We measure...
Persistent link: https://www.econbiz.de/10014081869
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On The Optimal Size of A Joint Savings Association
Stark, Oded; Budzinski, Wiktor; Jakubek, Marcin; … - 2022
We develop a formula for the optimal size of a joint savings association between individuals who share the same financial goal and who can save towards that goal at the same rate. Our motivating example and the core of our analysis is a Rotating Savings and Credit Association (ROSCA). We measure...
Persistent link: https://www.econbiz.de/10013406012
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On the optimal size of a joint savings association
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin; … - 2022
We develop a formula for the optimal size of a joint savings association between individuals who share the same financial goal and who can save towards that goal at the same rate. Our motivating example and the core of our analysis is a Rotating Savings and Credit Association (ROSCA). We measure...
Persistent link: https://www.econbiz.de/10013270242
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On the optimal size of a joint savings association
Stark, Oded; Budziński, Wiktor; Jakubek, Marcin; … - 2022
We develop a formula for the optimal size of a joint savings association between individuals who share the same financial goal and who can save towards that goal at the same rate. Our motivating example and the core of our analysis is a Rotating Savings and Credit Association (ROSCA). We measure...
Persistent link: https://www.econbiz.de/10013252891
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A note on the shadow wage in LDCs with migration and formal and informal urban sectors
Stark, Oded - 1980
Persistent link: https://www.econbiz.de/10002881529
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A critical comparison of migration policies : entry fee versus quota
Stark, Oded; Byra, Lukasz; Casarico, Alessandra; … - 2017
individuals of one skill type, say "scientists," confer a positive externality on overall productivity whereas individuals of the … effect on the productivity of the country's workforce. Under a quota: the migrants are (a) only averagely skilled managers if … the productivity externality generated by the scientists is weak, or (b) only averagely skilled scientists if the …
Persistent link: https://www.econbiz.de/10011665686
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A critical comparison of migration policies : entry fee versus quota
Stark, Oded; Byra, Lukasz; Casarico, Alessandra; … - 2017
individuals of one skill type, say "scientists," confer a positive externality on overall productivity whereas individuals of the … effect on the productivity of the country’s workforce. Under a quota: the migrants are (a) only averagely skilled managers if … the productivity externality generated by the scientists is weak, or (b) only averagely skilled scientists if the …
Persistent link: https://www.econbiz.de/10011770608
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How admitting migrants with any skills can help overcome a shortage of workers with particular skills
Stark, Oded; Byra, Łukasz - 2018
A country that experiences a shortage of workers with particular skills naturally considers two responses: import skills or produce them. Skill import may result in large-scale migration, which will not be to the liking of the natives. Skill production will require financial incentives, which...
Persistent link: https://www.econbiz.de/10011929244
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How admitting migrants with any skills can help overcome a shortage of workers with particular skills
Stark, Oded; Byra, Lukasz - 2018
A country that experiences a shortage of workers with particular skills naturally considers two responses: import skills or produce them. Skill import may result in large-scale migration, which will not be to the liking of the natives. Skill production will require financial incentives, which...
Persistent link: https://www.econbiz.de/10011931033