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Crowding-out effect and sorting in competitive labour markets with motivated workers

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  • Antoni Cunyat

Abstract

This article makes a contribution to the economics literature by inducing proper self-selection into contracts based on workers’ motivation. The novelty of our results is that it points out the alternative potential role of the crowding-out effect to separate workers based on their motivation.

Suggested Citation

  • Antoni Cunyat, 2019. "Crowding-out effect and sorting in competitive labour markets with motivated workers," Applied Economics Letters, Taylor & Francis Journals, vol. 26(4), pages 326-330, February.
    • Handle: RePEc:taf:apeclt:v:26:y:2019:i:4:p:326-330
    DOI: 10.1080/13504851.2018.1468550
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    Cited by:

    1. Kopel, Michael & Putz, Eva Maria, 2021. "Why socially concerned firms use low-powered managerial incentives: A complementary explanation," Economic Modelling, Elsevier, vol. 94(C), pages 473-482.

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    More about this item

    JEL classification:

    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law

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