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Homogenous Agent Wage-Posting Model with Wage Dispersion

Steinbacher, Matej; Steinbacher, Matjaz; Steinbacher, Mitja - 2009

In the paper we test a homogenous agent version of the Montgomery's (1991) non-cooperative wage posting model. The inclusion of intrinsic costs, related to the uncertainty when changing the alternative agents are already using, alters the outcome of the model in two respects: firstly, it...

Persistent link: https://www.econbiz.de/10015217500

A Repeated Game Heterogeneous-Agent Wage-Posting Model

Steinbacher, Matej; Steinbacher, Matjaz; Steinbacher, Mitja - 2009

In the paper, we simulate a heterogeneous-agent version of the wage-posting model as derived by Montgomery (1991) with homogeneous workers and differently-productive employers. Wage policy of particular employer is positively correlated with employer’s productivity level and the wage policy of...

Persistent link: https://www.econbiz.de/10015217827

Job search with ubiquity and the wage distribution

Decreuse, Bruno; Zylberberg, André - 2006

We propose a search equilibrium model in which homogenous firms post wages along with a vacancy to attract job-seekers, while homogenous unemployed workers invest in costly search. The key innovation relies on the organization of the search market and the search behavior of the job-seekers. The...

Persistent link: https://www.econbiz.de/10015230313

Job search with ubiquity and the wage distribution

Decreuse, Bruno; Zylberberg, André - 2006

We propose a search equilibrium model in which homogeneous firms post wages along with a vacancy to attract job-seekers, while homogeneous unemployed workers invest in costly job-seeking. The key innovation relies on the organization of the search market and the search behavior of the...

Persistent link: https://www.econbiz.de/10015230639

Why do employers not pay less than advertised? Directed search and the Diamond paradox

Poeschel, Friedrich - 2018

When employers advertise wages to attract applicants, it is not clear why employers do not renege on these advertisements ex post. Existing models typically assume that employers are somehow committed to their advertisements. This paper provides an economic explanation that aligns with the...

Persistent link: https://www.econbiz.de/10015260952

Poverty : A Corporate Creation and Ratio Controls for Eradication

Subramaniam, Viswanatha - 2013

Poverty is an inability to buy the basic needs (Food, Shelter and Clothing) by a household, within their earnings. This is not the fault of the house holds. But it is a creation of the Corporate sectors producing/distributing the basic need items. They inflate the prices of these commodities on...

Persistent link: https://www.econbiz.de/10015253927

Immigration, unemployment and human-capital acquisition

Lumpe, Christian - 2008

immigration. The first paper gives an overview on the economic literature on the impact of immigration on unemployment and wages … Arbeitsmarktergebnis (bspw. Löhne und Arbeitslosigkeit) sowie die einheimische Immigrationspolitik. Wir erweitern damit die bestehende … Papier gibt eine Übersicht zur bestehenden Literatur bezüglich des Einflusses von Immigration auf Löhne und Arbeitslosigkeit …

Persistent link: https://www.econbiz.de/10009471669

Common Good Institutions, Identity in the Workplace, and Value Dynamics

Athias, Laure - 2024

The theory of social choice stresses that the general interest determined through the aggregation of individual preferences implies interpersonal utility comparisons and hence necessarily a notion of common good beyond individual preferences. The pursuit of the common good falls to all services...

Persistent link: https://www.econbiz.de/10015213320

Knowledge creation through multimodal communication

Berliant, Marcus; Fujita, Masahisa - 2024

Knowledge creation either in isolation or joint with another person, using either face to face or internet contact and incorporating internet search ability is analyzed. Both a conceptual phase and a technical phase of research are analyzed, allowing workers to choose endogenously their mode of...

Persistent link: https://www.econbiz.de/10015213415

Measuring the Welfare of Intermediaries

Donna, Javier D.; Pereira, Pedro; Pires, Tiago; … - 2021

We empirically investigate the welfare implications of intermediaries in oligopolistic markets, where intermediaries offer additional services to differentiate their products from the ones of the manufacturers. Our identification strategy exploits the unique circumstance that, in the outdoors...

Persistent link: https://www.econbiz.de/10015213509