“...Evidence on effort-demanding tasks suggests that exerting effort is fatiguing and that the accumulation of fatigue negatively affects the performance on both...”

“...This paper introduces a contract between the government and trade unions in a model of strategic wage bargaining à la Lippi (2003). It shows that an optimal...”

“...There is an apparent inefficiency in the workings of the primary bus operators in New Delhi. The paper focuses on labor inefficiency and compares the...”

“...We investigate the design of optimal incentive mechanism under adverse selection and moral hazard with risk neutral principal and agents.The optimal incentive...”

“...The recent enactment of the National Rural Employment Guarantee Act in India has been widely hailed a policy that provides a safety net for the rural poor with...”

“...In this paper I address the question to what extent wages are affected by product market uncertainty. Implicit contract models imply that it is Pareto optimal...”

“...This paper analyses the optimal wage contract when firms face demand uncertainty and workers care about employment stability. Workers choose the firm that...”

“...In this paper I address the question to what extent wages are affected by product market uncertainty. Implicit contract models imply that it is Pareto optimal...”

“...Two aspects of corruption are examined theoretically: its effect on macroeconomic variables, and its determination from the political environment. Corruption...”

“...In this paper I address the question to what extent wages are affected by product market uncertainty. Implicit contract models imply that it is Pareto optimal...”