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Equilibrium Wage Arrears: A Theoretical and Empirical Analysis of Institutional Lock-In
Earle, John S.; Sabirianova, Klara Z. - 2000
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10010262404
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Equilibrium wage arrears : a theoretical and empirical analysis of institutional lock-in
Earle, John S.; Sabirianova Peter, Klara - 2000
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10011339102
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Switching models with self-selection : self-employment in Hungary
Gang, Ira N.; Co, Catherine Yap; Yun, Myeong-Su - 1999
transition from socialism to greater market orientation. We adopt a (full information) MLE methodology in addition to Heckman …
Persistent link: https://www.econbiz.de/10011577307
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When opportunity knocks: confronting theory and empirics about dynamics of gender wage inequality
Tyrowicz, Joanna; Van der Velde, Lucas - 2021
structural shocks in the labor markets, using several decades of individual data for a wide selection of transition countries. We … find that for cohorts who entered the labor market after the onset of transition. Labor market shocks lead to significant … market during the transition. By contrast, we fail to find any significant relation for cohorts already active in the labor …
Persistent link: https://www.econbiz.de/10012415093
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Land Rental Markets and Household Farms in Transition: Theory and Evidence from Hungary
Swinnen, Johan F. M.; Vranken, Liesbet - 2003
This paper analyses the detfirminants of household firms?participation in land rental markets in transition countries …
Persistent link: https://www.econbiz.de/10010313289
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What kind of shock was it? Regional integration and structural change in Germany after unification
Burda, Michael C. - 2007
Eastern Germany's recovery from the ?unification shock? has been characterized by deep structural change – with apparent repercussions for the West as well – and an integration process involving both capital deepening (extensive and intensive investment) and labor thinning (net...
Persistent link: https://www.econbiz.de/10010260563
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What kind of shock was it? Regional integration and structural change in Germany after unification
Burda, Michael C. - 2006
Eastern Germany's recovery from the unification shock has been characterized by deep structural change - with apparent repercussions for the West as well - and an integration process involving both capital deepening (extensive and intensive investment) and labor thinning (net out-migration). I...
Persistent link: https://www.econbiz.de/10010263667
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The analytics of seasonal migration
Stark, Oded; Fan, C. Simon - 2006
A framework that yields different possible patterns of migration as optimal solutions to a simple utility maximization problem is presented and explored. It is shown that seasonal migration arises as an optimal endogenous response to a comparison of costs (of living and of separation) and...
Persistent link: https://www.econbiz.de/10011470816
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Equilibrium wage arrears : a theoretical and empirical analysis of institutional lock-in
Earle, John S.; Sabirianova Peter, Klara - 2000
Persistent link: https://www.econbiz.de/10001528496
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Switching models with self-selection : self-employment in Hungary
Gang, Ira N.; Yun, Myeong-Su; Co, Catherine Yap - 1999
Persistent link: https://www.econbiz.de/10001399575