منابع مشابه
Intergenerational Redistribution and Labor Mobility: A Survey
Increasing labor mobility has an impact on all redistributive policy measures undertaken by national governments. This paper focuses on intergenerational redistribution, in particular PAYG financed public pension systems, and surveys some of the recent literature on this topic. Two different strands in the literature are covered: In the median-voter framework, policy outcomes depend on both the...
متن کاملTrade secret laws , labor mobility , and innovations ∗
We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant not to compete (CNC) reduces effort and profits under both spot and relational contracts. Having no CNC allows the researcher to leave for a rival. This alleviates a commitment problem by forcing the firm to reward a successful researcher. However, if the firm’s R&D investment ...
متن کاملPerformance Pay, Training and Labor Mobility
Performance Pay, Training and Labor Mobility Market imperfections may cause firms and workers to under-invest in specific training. This paper shows that profit sharing may be a suitable instrument to enhance specific training investments, either by enhancing wage flexibility or by increasing the returns to training. As a result, profit sharing not only increases productivity by means of an eff...
متن کاملTaste heterogeneity, labor mobility and economic geography∗
This paper investigates the impact of the heterogeneity of the labor force on the spatial distribution of activities. This goal is achieved by applying the tools of discrete choice theory to an economic geography model. We show that taste heterogeneity acts as a strong dispersion force. We also show that the relationship between the spatial distribution of the industry (the wage differential) a...
متن کاملInternational labor mobility and knowledge flow externalities
Received: 6 September 2005 Revised: 30 May 2007 Accepted: 13 June 2007 Online publication date: 7 February 2008 Abstract Although knowledge flows create value, the market often does not price them accordingly. We examine ‘‘unintended’’ knowledge flows that result from the cross-border movement of inventors (i.e., flows that result from the move, but do not go to the hiring firm). We find that t...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2018
ISSN: 1556-5068
DOI: 10.2139/ssrn.3175955