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Complementarity and Custom in Wage Contract Violation
Complementarity and Custom Wage Contract Violation
2009/11/5
We analyze a model of wage delay in which strategic complementarity arises because each employer's costs of violating its contracts decrease with the arrears in its labor market. The model is estimate...
On the Complementarity between Education and Training in Europe
Education training Europe
2013/10/18
This paper is an empirical investigation of the complementarity between education and training in 13 European countries, based on the European Community Household Panel (ECHP). After confirming the st...
Rejecting Capital-Skill Complementarity at all Costs
Substitutability Translog Cost Function
2013/10/18
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specificat...