Descripción completa.

By combining features of rationing models
and hedonic models in a novel way, this paper
develops a structural model of categorical
labor force behavior to help explain several
puzzles in data on unemployment and discouraged
workers. It traces the links…

In this paper we examine the factors affecting the structure
of executives‘ compensation packages. We focus particularly on the role of
various types of delayed compensation as means of "bonding" executives to
their firms.
The basic problem is to design…