منابع مشابه
Sharing an increase of the rent fairly
Wecharacterize the familyofnon-contestablebudget-monotone rules for the allocation of objects and money as those obtained by maximizing a min social welfare function among all non-contestable allocations. We provide three additional seemingly independent approaches to construct these rules. We present three applications of this characterization. First, we show that one can “rectify” any non-con...
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Rent-Sharing, Hold-up, and Wages: Evidence from Matched Panel Data It is widely believed that rent-sharing reduces the incentives for investment when long term contracts are infeasible because some of the returns to sunk capital are captured by workers. We propose a simple test for the degree of hold-up based on the fraction of capital costs that are deducted from the quasi-rent that determines...
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Is There Rent Sharing In Developing Countries? Matched-Panel Evidence from Brazil We provide evidence about the determinants of the wage structures of developing countries by examining the case of Brazil. Our specific question is whether Brazil’s dramatic income and wage differentials can be explained by the division of rents between firms and their employees, unlike in competitive labour marke...
متن کاملRent-sharing : Does the Bargaining Regime Make a Difference? Theory and Empirical Evidence
This paper analyses whether wages in Germany respond to firm-specific profitability conditions. Particular emphasis lies on the question of whether the extent of rent-sharing varies across di erent systems of wage determination. Those may be categorised into sector-specific wage agreements, firm-specific wage agreements and wage determination without any bargaining coverage. To derive testable ...
متن کاملBusiness Cycles and Divorce: Evidence from Microdata.
We use individual-level data to show that divorce is pro-cyclical on average, a finding robust to the inclusion of a wide range of controls. Pro-cyclical divorce is concentrated among women who married young and/or do not have a college degree.
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ژورنال
عنوان ژورنال: Applied Economics
سال: 2009
ISSN: 0003-6846,1466-4283
DOI: 10.1080/00036840701721620